Wyatt & Null - Seller

SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co., IL Land Offered For Sale

40+/- Total Acres, 35.4+/- Acres Tillable

Previously Stated Farm Income was incorrect.

All Offers Must be Submitted by 5 PM Central, Monday, January 31st


IF NO OFFERS MEET OR EXCEED THE SELLER'S EXPECTATIONS, A LIST PRICE WILL BE PLACED ON THE PROPERTY.

Copies of Purchase Agreement Can be Found:
Online Under the “Documents” Tab

Email Request Sent to zparrott@parrottauctions.com

-or-

Our Office which is located at 1205 State Street, Lawrenceville, IL 62439

High Bidder will be Notified by 5PM Central, Friday, February 4th (End of the same Week)

Tract 1 – 40+/- Acres, 35.40+/- Acres Tillable

Latitude: 38.597064 Longitude: -87.824331

Location: From Sand Barren's Corner: approx. 9 Mi. West of Illinois Route 1 on Sand Barren's Lane (Co. Rd. 150N), to Co. Rd. 420E, North .5 Mile to Co. Rd. 200N, East .25 Mi to land location.

-OR- From Sumner, IL: approx. 8 Mi. South of Sumner, IL on the Sumner Blacktop (Co. Rd. 200E) to Co. Rd. 200N, East 1.75 Mi. to land location.

Brief Legal: NW1/4 NE1/4, Section 23, Lukin Township, Lawrence County, Illinois. T2N-R13W.

Access: Full Frontage Access to Co. Rd. 200N (Cleveland Lane) on North.

Soils: 13A Bluford Silt Loam, 0-2% slopes, 36.93 Ac., 93.6%; 2A Cisne Silt Loam, 0-2% slopes, 2.52 Ac., 6.4%; Weighted Productivity Index: 101.5. ALL NHEL Classification.

FSA Info: Farm No. 1102, Tract No. 2147, Corn Base Ac. 17.70, PLC yield 115; Soybean Base Ac. 17.70, PLC Yield 34; Total Base Ac. 35.40. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com, view anytime.

R.E. Estimated Taxes: Lawrence County Assessor Parcel Index Number 07-000-728-00, $457.50. 2021 taxes, due & payable 2022 to be paid by seller to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. See digital copy of real estate tax bills that are posted to www.sellafarm.com, view anytime.

Tiling/Improvements: This property may lend itself to be an excellent candidate for grid pattern field tile. The elevation of this property all slopes from SW to NE (see included topography maps) with the roadside ditch at the Northeast corner being of significant size.

Farm Rights: Current Tenant to have 2022 Farm Rights. Buyer to receive 2022 Farm Income. Tenancy Termination letter for the 2023 season will be completed by seller's attorney prior to closing with Copies will be provided to all parties.

Mineral Rights: Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any.

Possession: Date of Closing subject to the existing farm tenant for the 2022 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.

Terms: 10% down day of acceptance non-refundable escrow. Closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to submitting offer as sale is not contingent upon Buyer(s) ability to obtain financing. Please Note: This is a real Estate LISTING. No Buyer's Premium will be charged.

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).

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. SELLAFARM to notify high bidder by 5PM Friday, February 4th. At That point, buyer has 24 hours to submit 10% down.

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 / updates 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 Land Specialist Zane Parrott at 812-890-5452.

Majorie Wyatt & Gary Null - Seller