Offered in 3 Tracts!
Buy One -or- All Three Tracts!
Tract 1 - 67.79+/- Acres, 25.84+/- Tillable, Potential Solar Income!
Tract 1 – 67.79+/- Acres, 25.84+/- Tillable, Remainder is Wooded, Recreational
Opportunities & Hunting! Possible Conversion to Tillable!
Latitude: 38.788604 Longitude: -87.639564
Brief Legal: Part of Section 5, Bridgeport Twp, Lawrence County, IL. T3N-R12W.
Access: Access to IL Route 250 on South Side of Property -also- from Tool House Road on North.
Real Estate Taxes (Estimated): Lawrence County Assessor Parcel Index Number: 03-000-025-30 -and- 03-000-025-10, Total Estimated Tax of $698.02.
Soils: 13A Bluford Silt Loam, 0-2% slope, 11.82 Ac., 46.1%; 13B Bluford Silt Loam, 2-5% slope, 10.86 Ac., 42.3%; 14C2 Ava Silt Loam, 5-10% slope, 2.98 Ac., 11.6%;
Weighted Productivity Index: 99.2.
FSA Classification: 8.09 Acres NHEL, 17.75 Acres HEL
143.1+/- Acres featuring 84.31+/- acres tillable! Land will be offered in 3 Tracts! Buy One -or- Buy All Three!
Preview Dates:
Monday, January 5th, 2 - 3 PM Central
-and-
Monday, January 19th, 2 - 3 PM Central
Buyer(s) are welcome to drive the land at their Convenience!
Mineral Rights: Seller(s) to retain all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any.
Farm Rights: Buyer(s) to have 2026 Farm Rights. Tenancy Termination for the 2026 Crop Year has been completed. Copies will be Provided to Buyer(s).
Possession: Possession Date of closing. Plan to Close in 45 days or less.
Title: Seller shall furnish the buyer(s) at SELLAFARM’S expense an Owners Policy of Title Insurance in the amount of the purchase price for surface rights only, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
Title Insurance & Preliminary Commitment: Plan to Close in 45 Days or Less. Attorney for Sellers to prepare Deed and Transfer Tax Declaration. Preliminary Title Commitment will be posted to www.sellafarm.com once available under “Documents Tab”. Winning Bidder(s) will be provided a copy. Land Title & Abstract will be the closing agent.
Survey: Advertised acres are gathered from county/tax records, Farm Service Agency Mapping & Records, and other digital mapping systems. Digital copy of FSA Maps and FSA 156 are posted to www.sellafarm.com, view anytime. Actual surveyed acres may change. Any survey cost to be paid by buyer(s), divided equally among the number of buyer(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer’s premium per acre.
Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to auction as sale is not contingent upon Buyer(s) ability to obtain financing.
Agency: SELLAFARM and its representatives are acting as Agents for the Seller.
Approval of Bids: Sellers plan to sell the property night of the auction, however, there is a reasonable reserve in place.
Bidding: All Bidding will be on a per acre basis from beginning to End of auction. Bid Price will then be multiplied by acres to arrive at Total Bid Price. 6% Buyer’s Premium will be added to the Total Bid Price to arrive at Total Contract Price. All bidding will be in increments of $1000, $500, 250, $100 or $50 per acre from start of auction to closing.
Soft Close / Countdown Timer: A 2 Minute Countdown will be implemented. Any bids placed within the last 2 minutes of the auction will automatically reset the countdown timer to 2 minutes and will continually do so until the Timer has expired.
Other Announcements: All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Announcements made from podium day of auction take precedence over any previous information.
14024 State Route 1
Lawrenceville, Illinois 62439
United States