Lawrenceville, IL
Newton, IL

Cassil, Cupp & Ridgley Heirs - Seller

Cassil, Cupp & Ridgley Heirs - Seller

SELLAFARM

YOUR TEAM ON THE GROUND

 

Lawrence Co., IL Land Auction

 

224+/- Acres, 216+/- Acres Tillable

 

High Percentage Tillable Tracts with Water Management In Place.
Terrace and Tiling Already Completed!

 

8+/- All Wooded Tract w/ Mature Timber, Excellent Building Site or Recreational/Hunting

 

Buyer to Receive Seller's Portion of 2021 Income AND Mineral Rights!

 

Live Auction with Live Online Bidding Available!

 

Thursday May 27th, 2021, 5PM Central

 

Auction Location: SELLAFARM Auction Center

14024 State Route 1, Lawrenceville, IL 62439

3 Mi. North of Lawrenceville, IL on Illinois Route 1

 

Tract 1 – 41.18+/- Acres, 40+/- Acres Tillable, Terraced & Tiled

Latitude: 38.732671 Longitude: -87.809171

 

Location: From Lawrenceville, IL: approx. 6.5 Mi. West of Lawrenceville, IL on US Route 50 to Co. Rd. 550E (4H Road), North .1 Mi. to land location.

 

-OR- From Vincennes, IN: approx. 15.5 Mi. West of Vincennes, IN on US Route 50 to Co. Rd. 550E (4H Road), North .1 Mi. to land location

 

-OR- From Olney, IL: approx. 16.5 Mi. West of the intersection of US Route 50 & IL Route 130 to Co. Rd. 550E (4H Road), North .1 Mi. to land location. Tracts 1 through 5 are contiguous.

 

Brief Legal: S1/2 SE1/4 Section 36, Christy Township, Lawrence County, Illinois. T4N-R13W.

 

Access: Full Frontage Access to Co. Rd. 550E (4H Road) on East -and- Full Frontage Access to Co. Rd. 1100N (N. Frontage Lane) on South.

 

Soils: 14B Ava Silt Loam, 2-5% slope, 12.62 Ac., 32.0%; 929D3 Hickory-Ava Complex, 7-12% slope, 9.78 Ac., 24.8%; 14C3 Ava Silt Clay Loam, 4-7% slope, 7.00 Ac., 17.7%; 13B Bluford Silt Loam, 2-5% slope, 5.36 Ac., 13.6%; 13A Bluford Silt Loam, 0-2% slope, 3.07 Ac., 7.8%; 14C2 Ava Silt Loam, 5-10% slope, 1.64 Ac., 4.2%; Weighted Productivity Index: 88. HEL Classification.

 

FSA Info (Tracts, 1 through 5): Farm No. 1547, Tract No. 1195, Corn Base Ac. 79.93, PLC yield 130; Soybean Base Ac. 79.93, PLC Yield 43; Total Base Ac. 159.86. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes (Tracts 1, 2 & 3): Lawrence County Assessor Parcel Index Numbers 04-000-673-00 (60 Ac., $471.54) & 04-000-672-00 (20 Ac., $116.90), Total Estimated Tax of $588.44 for 80 Acres. ($7.35 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. If sold separate, county/courthouse to divide accordingly. See www.sellafarm.com for tax bills.

 

 

Tract 2 – 33.18 +/- Acres, 33 +/- Acres Tillable, Terraced & Tiled

Latitude: 38.735974 Longitude: -87.808419

 

Location: Same as Tract 1. Tracts 1, 2, 3, 4, & 5 are all contiguous.

 

Brief Legal: Part N ½ SE ¼, Section 36, Christy Township, Lawrence Co., IL T4N-R13W

 

Access: Full Frontage to Co. Rd. 550E (4H Road) on East

 

Soils: 14B Ava Silt Loam, 2-5% slope, 10.19 Ac., 29.5%; 13B Bluford Silt Loam, 2-5% slope, 8.39 Ac., 24.3%; 14D3 Ava Silty Clay Loam, 7-12% slope, Severely Eroded, 5.76 Ac., 16.7%; 13A Bluford Silt Loam, 0-2% slope, 5.27 Ac., 15.2%; 14C3 Ava Silty Clay Loam, 4-7% slope, 4.53 Ac., 13.1%; 929D3 Hickory-Ava Complex, 7-12% slope, 0.43 Ac., 1.2% Weighted Productivity Index: 91.8. HEL Classification.

 

FSA Info (Tracts, 1 through 5): Farm No. 1547, Tract No. 1195, Corn Base Ac. 79.93, PLC yield 130; Soybean Base Ac. 79.93, PLC Yield 43; Total Base Ac. 159.86. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes (Tracts 1, 2 & 3): Lawrence County Assessor Parcel Index Numbers 04-000-673-00 (60 Ac., $471.54) & 04-000-672-00 (20 Ac., $116.90), Total Estimated Tax of $588.44 for 80 Acres. ($7.35 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. If sold separate, county/courthouse to divide accordingly. See www.sellafarm.com for tax bills.

 

 

Tract 3 – 8 +/- Acres

Latitude: 38.737474 Longitude: -87.809845

 

Location: Same as Tract 1. Tracts 1, 2, 3, 4, & 5 are all contiguous.

 

Building Site Potential: This excellent 8+/- acre all wooded tract features mature timber, endless recreational uses along with possible build site potential. Every tract of this auction has access to municipal water via the Petrolia Water District and electricity as well! This views from this property would be spectacular. Quick Access to US Route 50 for short trips to Lawrenceville, Olney or Vincennes! Private Paradise sitting off the road, most people wouldn't even see the house!

 

Brief Legal: Part N ½ SE ¼, Section 36, Christy Township, Lawrence Co., IL T4N-R13W

 

Access: Direct Access to Co. Rd. 550E (4H Road) via 30' lane that buyer(s) of Tract 3 will own.

 

Soils: 14B Ava Silt Loam, 2-5% slope, 7.42 Ac., 92.1%; 929D3 Hickory-Ava Complex, 7-12% slope, 0.54 Ac., 6.7%; 14C2 Ava Silt Loam, 5-10% slope, 0.10 Ac., 1.2%; Weighted Productivity Index: 97.1. No Classification.

 

FSA Info (Tracts, 1 through 5): Farm No. 1547, Tract No. 1195, Corn Base Ac. 79.93, PLC yield 130; Soybean Base Ac. 79.93, PLC Yield 43; Total Base Ac. 159.86. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes (Tracts 1, 2 & 3): Lawrence County Assessor Parcel Index Numbers 04-000-673-00 (60 Ac., $471.54) & 04-000-672-00 (20 Ac., $116.90), Total Estimated Tax of $588.44 for 80 Acres. ($7.35 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. If sold separate, county/courthouse to divide accordingly. See www.sellafarm.com for tax bills.

 

 

Tract 4 – 40.10 +/- Acres, 40 +/- Acres Tillable

Latitude: 38.739985 Longitude: -87.808548

 

Location: Same as Tract 1. Tracts 1, 2, 3, 4, & 5 are all contiguous.

 

Brief Legal: SE ¼ NW ¼, Section 36, Christy Township, Lawrence Co, IL T4N-R13W

 

Access: Full Frontage to Co. Rd. 550E (4H Road) on East.

 

Soils: 14B Ava Silt Loam, 2-5% slope, 15.56 Ac., 39.5%; 14C2 Ava Silt Loam, 5-10% slope, 10.59 Ac., 26.9% ; 14D3 Ava Silty Clay Loam, 7-12% slope, severely eroded, 7.15 Ac., 18.2%; 13B Bluford Silt Loam, 2-5% slope, 6.09 Ac., 15.5%; Weighted Productivity Index: 92.2. HEL Classification.

 

FSA Info (Tracts, 1 through 5): Farm No. 1547, Tract No. 1195, Corn Base Ac. 79.93, PLC yield 130; Soybean Base Ac. 79.93, PLC Yield 43; Total Base Ac. 159.86. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes: Lawrence County Assessor Parcel Index Numbers 04-000-671-00 (38.65 Ac.,) Total Estimated Tax of $317.80 for 80 Acres. ($8.22 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. See www.sellafarm.com for tax bills.

 

 

 

Tract 5 – 17.92 +/- Acres, 17.5 +/- Acres Tillable

Latitude: 38.740457 Longitude: -87.804807

 

Location: Same as Tract 1. Tracts 1, 2, 3, 4, & 5 are all contiguous.

 

Building Site Potential: This excellent currently row crop field has mny features people are looking for in a building site! This property would be an excellent size for the homeowner wanting room for livestock or the possibility of building a pond with gently sloping topography for water management! Every tract of this auction has access to municipal water via the Petrolia Water District and electricity as well! Quick Access to US Route 50 for short trips to Lawrenceville, Olney or Vincennes!

 

Brief Legal: W ½ SW ¼ NE ¼, Section 3, Bridgeport Township, Lawrence Co., IL T4N-R13W

 

Access: Full Frontage to Co. Rd. 550E (4H Road) on West.

 

Soils: 14C3 Ava Silty Clay Loam, 4-7% slope, 5.33 Ac., 30.1%; 14C2 Ava Silt Loam, 5-10% slope, eroded, 4.47 Ac., 25.2% ; 13B Bluford Silt Loam, 2-5% slope, 3.99 Ac., 22.5%; 14D3 Ava Silty Clay Loam, 7-12% slope, severely eroded, 2.19 Ac., 12.4%; 7072A Sharon Silt Loam, 0-2% slope, rarely flooded, 1.73 Ac., 9.8%; Weighted Productivity Index: 88.6. HEL Classification.

 

FSA Info (Tracts, 1 through 5): Farm No. 1547, Tract No. 1195, Corn Base Ac. 79.93, PLC yield 130; Soybean Base Ac. 79.93, PLC Yield 43; Total Base Ac. 159.86. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes: Lawrence County Assessor Parcel Index Numbers 03-000-422-00 (40 Ac.,), Total Estimated Tax of $171.78 for Entire 40 Acres. ($4.29 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. County/courthouse to divide accordingly separating tillable from wooded. See www.sellafarm.com for tax bills.

 

 

Tract 6 – 83.75 +/- Acres, 83.75 +/- Tillable, Terraced & Tiled

Latitude: 38.748361 Longitude: -87.799574

 

Location: From Tracts 1, 2, 3, 4, & 5: Continue North on Co. Rd. 550E (4H Road), .25 mile to Co. Rd. 1200N (Red Hills Lane), Head East .25 mile to land location

 

Brief Legal: Tillable Acres of the E 5/8 SE ¼, Section 25, Petty Township, Lawrence Co., IL T4N-R13W.

 

Access: Full Frontage to Co. Rd. 600E (Applegate) on East -and- Full Frontage to Co. Rd. 1200N (Red Hills Lane) on South.

 

Soils: 14B Ava Silt Loam, 2-5% slopes, 24.28 Ac., 29.7%; 8382A Belknap Silt Loam, 0-2% slopes, 18.96 Ac., 23.2%; 14D3 Ava Silty Clay Loam, 7-10% slopes, 16.34 Ac., 20%; 14C2 Ava Silt Loam, 5-10% slopes, 13.97 Ac., 17.1%; 929D3 Hickory-Ava Complex, 7-12% slopes, 6.75 Ac., 8.2%; 13B Bluford Silt Loam, 2-5% slopes, 1.57 Ac., 1.9%; Weighted Productivity Index: 94.5. NHEL & HEL Classifications.

 

FSA Info: Farm No. 1547, Tract No. 1196, Corn Base Ac. 48.87, PLC yield 130; Soybean Base Ac. 48.87, PLC Yield 43; Total Base Ac. 97.74. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com under the “Photo Gallery” tab, view anytime.

 

R.E. Estimated Taxes: Lawrence County Assessor Parcel Index Numbers 08-000-779-00 (100 Ac.,), Total Estimated Tax of $798.58 for Entire 100 Acres. ($7.98 per acre on average). 2020 taxes, due & payable 2021 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. County/courthouse to divide accordingly separating tillable from wooded. See www.sellafarm.com for tax bills.

 

 

Building Site Potential: Each Tract of this Property has Municipal Water (Petrolia Water District) and Electricity roadside. These tracts would make an excellent building site for residential use -or- construction of new grain leg as US Route 50 is just feet away. Convenient access to local grain terminals, ethanol and major highways!

 

Farm Rights: Current Tenant to have 2021 farm rights. Buyer to receive Seller's portion of 2021 Crop Share Agreement (40% Income Minus 40% Fertilizer & Chemical Costs, No Seed Cost). Tenancy Termination letter for the 2022 season will be by seller's attorney prior to closing effective upon harvest of 2021 crop.

 

Water Management: This farm utilizes various water management techniques to effectively control water on the farm. These include grass water ways, terraces and subterranean field tile. Majority completed in 2014. See www.sellafarm.com for Water Management layout maps & operating Agreement for Tract 6.

 

Mineral Rights: Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any for Tracts 1, 2, 3, 4 & 5. Tract 6: Buyer to receive their allocated portion (based on number of acres) from the 100 acre Lease. Division Orders for Tract 6 are available for viewing during the Inspection Dates, date of auction, and available 24 hours on www.sellafarm.com.

 

Possession: Possession date of closing, subject to the rights of the existing farm tenants for the 2021 crop year.

 

Survey: Any survey cost to be paid by 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. Any and all survey cost will be divided on a per buyer cost. (I.E. Cost Shall be split 3 ways for 3 buyers, or Half for 2 Buyers).

 

Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared, Plan to close within 45 days. Have financial arrangements made prior to sale as sale is not contingent upon Buyer(s) ability to obtain financing.

 

Title: Seller shall furnish the buyer(s) at Seller'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). Land Title & Abstract Company, Lawrenceville, will be the closing agent on the transaction.

 

Agency: SELLAFARM, Your Team on the Ground and its representatives are acting as Agents for the Seller.

 

Approval of Bids: This land is being sold subject to owner confirmation.

 

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.

 

Log onto www.sellafarm.com or www.parrottauctions.com for aerials, drone tour, photos & plats.

 

For private tour of the land on Polaris Side by Side or more information, please contact Listing Broker Zane Parrott mobile.

 

Inspection Dates of Tuesday, May 11th, 4 - 6 PM Central -and- Tuesday, May 25th, 4 - 6 PM Central to meet a SELLAFARM Representative at Tract 1 of the Property for a guided side by side tour of the property!

 

Prospective Buyer(s) are welcome to walk the land at their Convenience!

 

Cassil, Cupp & Ridgley Heirs – Seller

 

James Micheal Neal - Attorney

SELLAFARM / Parrott Auction Center, 14024 State Route 1, Lawrenceville, Illinois 62439