Tract 2 – 17.06 +/- Acres, 9.2 +/- Tillable,
4.20 Acres CRP @ $216.57 Per Acre, $910 Annual Income
Latitude: 39.039798 Longitude: -88.313419
Location: 14 Mi. SW of Effingham, IL to Wheeler, IL – or – 9 Mi. NW of Newton, IL on Route 33 to Wheeler, South on Main 300th E. 1 Mi. to 1300N.
Brief Legal: Part of the N ½ NW ¼ Sec. 22. North Muddy Township, Jasper Co., IL T7N, R8E
Access: Direct frontage access to 1300N, which is good hard surface all weather road.
Soils: 2A Cisne Silt Loam 0-2% slope, 6.33 Ac., 37.2%; 3333A Wakeland Silt Loam, 0-2% slope, 5.13 Ac., 30.1%; 912A Hoyleton-Darmstadt Silt Loams, 0-2% slope, 2.71 Ac., 14.5%; 7C2 Atlas Silt Loam, 5-10% slopes, 2.47 Ac., 14.5%; 7D2 Atlas Silt Loam, 5-10% slope, .39 Ac., 2.3%; Weighted Average Productivity 109. NHEL Classification.
FSA Info (Tracts 1 & 2): DCP Cropland 61.62 Ac. Effective DCP Cropland 57.42 Ac. Corn Base 35.20 Ac. PLC Yield 127, Soybeans Base 34.90 Ac. PLC Yield 36 Total Base Ac. 70.10Ac.
CRP Contract Period 10-1-201 to 09-30-2030, Continuous Sign Up. Buyer to sign contract to remain in the program.
CRP: Buyer shall receive all of Seller’s rights and interest in any CRP contract which results from the enrollment of the real estate in CRP program. Buyer agrees to indemnify and hold Seller and their agents harmless from any and all expenses, damages, losses, or claims Seller may incur as a result of the failure of the Buyer to maintain the real estate made subject of this Contract in the CRP program pursuant to the requirements of the USDA, Farm Service Agency. Survival: Except as otherwise expressly stated herein, all arrangements, representations and warranties contained in this Contract shall survive the closing and shall not be canceled by the delivery of the deed.
R.E. Estimated Taxes (Tract 2): West 17.06 +/- Ac. Of Jasper County Parcel ID 58-08-22-100-017. Estimated Annual tax of $378.35. If sold separate, County to divide accordingly. 2021 taxes, due & payable 2022 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter.
Farm Rights: Current Tenant to have 2022 Farm Rights. Buyer to receive 2022 Farm Income. Current agreement is 60/40 crop share agreement. 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: Plan to close prior to Year End. Title. Possession date of closing on both tracts.
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 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.
CRP: Buyer shall receive all of Seller’s rights and interest in any CRP contract which results from the enrollment of the real estate in CRP program. Buyer agrees to indemnify and hold Seller and their agents harmless from any and all expenses, damages, losses, or claims Seller may incur as a result of the failure of the Buyer to maintain the real estate made subject of this Contract in the CRP program pursuant to the requirements of the USDA, Farm Service Agency. Survival: Except as otherwise expressly stated herein, all arrangements, representations and warranties contained in this Contract shall survive the closing and shall not be canceled by the delivery of the deed.
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). Title Work Has Already Been Ordered. SELLAFARM, Your Team on the Ground plans to have preliminary title commitment available prior to auction. Weber Title, Newton, 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 a showing of_Tract 4 – 3 Bedroom, 2 Bath Brick Home, Wooded 3.88 Acres, Pole Barn on Blacktop, please contact (618) 783-0000.
Prospective Buyer(s) are welcome to walk the land at their Convenience!
Estate of Patricia Lewis, Douglas E. Badgley (Independent Representative) – Seller
William Heap - Attorney
101 S. Jackson
Newton, Illinois 62448
United States
SELLAFARM, Your Team on the Ground,
Estate of Patricia Lewis – Jasper Co., IL Land Auction
SELLAFARM, Your Team on the Ground will be selling 82.84+/- acre consisting of 69.82+/- acres of farm & recreational land. This auction also features an excellent homestead consisting of a 3 bedroom, 2 bath brick home with outbuildings on 3.88+/- acres!
Add Quality Farmland to your Farm Operation or Investment Portfolio!
Conveintly located just off Route 33 between Effingham, IL & Newton, IL just outside of Wheeler, IL! Just 1+ Mile From Illinois Route 33 for Quick Access to Major Area Highways!
All situated in Jasper County, Illinois offered for sale via the auction method of marketing!
Live auction with online bidding available begins 5PM Central Thursday, February 24th!
See www.sellafarm.com for bidding link!
#lawrencecounty #realestateauction
#sellafarm #yourteamontheground #4kaerialtour #drone
#zerosellercost #liveauctionevent #liveonlinebidding
#sellingisourservice #serviceiswhatwesell #auctionswork #yourfavoriteauctioneer
Estate of Patricia Lewis
Douglas E. Badgley (Independent Representative) – Seller
William Heap - Attorney
Being sold at ZERO seller cost from start of advertising THROUGH closing with use of our ZERO Seller Cost Program
ZERO Commission Cost
ZERO Advertising Cost
ZERO Survey Cost (paid by buyer)
ZERO Title Search Cost (Surface)
ZERO Title Insurance Cost (Surface)
ZERO Seller Real Estate Tax(12mo)
ZERO Deed Preparation
ZERO Transfer Tax Declaration Prep
ZERO State Transfer Tax
ZERO Recording Fee
(On 40+ Acres using buyer's premium)