SELLAFARM

YOUR TEAM ON THE GROUND

SOME OF THE BEST SOILS TO SELL LOCALLY IN YEARS! 

PRODUCTIVITY INDEX OF 131.2!

High Productivity Soils with Near-Level Topography!

Excellent Opportunity to Expand Your Farming Operation

-or-

Invest in Some of the Best Productivity Soils in Lawrence County!

Lawrence, IL Land Auction

80+/- Acres, 77.92+/- FSA Cropland Acres, Near 100% Tillable

Being offered in 1 Near All Tillable Tract – All Bidding Will be on A Per Acre Basis!

Buyer to Have 2024 Farm Rights!

Buyer to Receive Minerals!

Live Auction with Live Online Bidding Available!

Tuesday, October 31, 2023, 5PM Central

Auction Location: SELLAFARM Auction Center

14024 State Route 1, Lawrenceville, IL 62439

2 Mi. North of Lawrenceville, IL on Illinois Route 1. Signs Posted.

Tract 1 – 80+/- FSA Acres, 77.92+/- FSA Cropland Acres, Near 100% Tillable, ALL NHEL.

High Productivity Rating of 131.2 with Level Topography!

Please Note: Drainage Ditch In Middle of Field Provides Opportunity for Tiling, If Desired / Needed! Culvert is Already Installed That Provides Quick Access to Both Halves of the Field!

Latitude: 38.831499 Longitude: -87.826041

Location: From Illinois Route 1: Illinois Route 1 to Birds-Chauncey Blacktop (Co. Rd. 1800N), West approx. 7.75 Mi. to land location. Signs posted.

From Sumner, IL: US Route 50 to Sumner Blacktop (Co. Rd. 200E), North approx. 7 Mi. to Chauncey, IL, East approx. 2.25 Mi. to land location. Signs posted.

From Oblong, IL: Follow South Range Approx. 13.5 Mi to Chauncey, IL, East approx. 2.25 Mi. to land location. Signs posted.

Brief Legal: East Half of the NW1/4 SW1/4 Section 35, Petty Township, Lawrence County, IL. T5N-R13W.

Access: Full Frontage Access with Culvert Installed to County Highway 10 (Birds/Chauncey Blacktop, Co. Rd. 1800N), quality, hard surface County Maintained Road) Street on North Boundary -and- Co. Rd. 1750 (Kennedy Lane) with 2 Culverts Installed.

Soils: 142 Patton Silty Clay Laom, 0-2% slope, 73.64 Ac., 91.6%; 176A Marissa Silt Loam, 0-2% slope, 6.22 Acres, 7.7%; 132A Starks Silt Loam, 0-2% slope, .56 Ac., .7%; Weighted Productivity Index: 131.2. ALL NHEL Classification.

FSA Info: Farm No. 4311, Tract No. 301. Soybean Base Ac. 42.10, PLC Yield 40; Corn Base Ac. 40.40, PLC yield 101; Total Base Ac. 82.50. Digital copy of Maps & 156 Record are posted to www.sellafarm.com, view anytime under “Documents” Tab.

R.E. Estimated Taxes: Lawrence County Parcel Index Number 08-001-108-00. Estimated total tax of $1,212.22. 2023 taxes, due & payable 2024 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. See digital copy of real estate GIS Map & Tax Bill that are posted to www.sellafarm.com, view anytime under “Documents” Tab.

Farm Rights: Buyer to have 2024 Farm Rights.

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

Possession: Possession date of closing subject to the rights of the existing farm tenant.

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.

Online Bidders: Please take special note of the countdown timer shown on the screen. It may be extended at any moment to extend the auction. Please Note: any bid within the last 2 minutes will extend the auction for an additional 2 minutes. Online bidders are encouraged to bid early and often as technical issues may arise.

Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared. Closing to Occur Prior to Year's End, No Exceptions. Have financial arrangements made prior to auction 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).

Closing Agent: Lawrence Co. Title, Lawrenceville, IL will be the closing agent on the property. Preliminary Title Commitment is posted to www.sellafarm.com, view anytime under “Documents” Tab.

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

Approval of Bids: Being Sold subject to Owner Confirmation.

Bidding: All Bidding will be on a per acre basis from beginning to end. All Bidding will be increments of $1,000, $500, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer. Countdown timer of 2 minutes, If any Bids, timer will Reset. 

Closing Agent: Lawrence Co. Title, Lawrenceville, IL will be the closing agent on the property. Preliminary Title Commitment is posted to www.sellafarm.com, view anytime under “Documents” Tab..

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.

Inspection Dates to meet SELLAFARM Land Specialist Zane Parrott for a guided tour of the property -and- to answer any questions you may have regarding the bidding process, terms and conditions!

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

Inspection Date of Monday, October 23rd, 2 – 3 PM Central

(Meet at Entrance on Birds/Chauncey Blacktop)

Side by Side will be onsite for guided tours!

The Patricia Kaufman Trust – Seller

Linda Cheney, Successor Trustee

Thomas Gilley, Gilley Law Office – Attorney for Estate