62.09 Acres
TRACT 1 - 62.09+/- ACRES - 100% TILLABLE
Brief Legal: NW 1/4 SW 1/4 Also NW 1/4 SW 1/4 Section 31 TWP6 R14 West of Captain Pond Drainage District, Jasper County, Illinois
ACCESS: Land is bordered by 1900 E on entire West side, bordered by 400 N on entire South side
SOILS: 7288A Petrolia silty clay Loam, 0-2% slope, rarely flooded 100% of field 100% NHEL
R.E. Estimated Taxes: Parcel# 75-15-31-300-008-6 Estimated $1,339.06
FSA: 62.09 +/- ACRES 62.09 Tillable
Wheat: 7.9 Ac., PLC Yield 41
Grain Sorghum: 20 PLC Yield 73
Corn: 22.60Ac, PLC Yield 154
Soybeans: 26.4 Ac, PLC Yield 55
Total Base Acres - 57.10
ALL BIDDING WILL BE ON A PER ACRE BASIS FROM THE BEGINNING OF THE AUCTION TO THE WORD "SOLD".
Bid Price Per Acre will be multiplied by 62.09 Acres to arrive at Total Bid Price.
6% Buyer's Premium will be added to the Total Bid Price to Arrive at the Total Contrat Price.
FARM RIGHTS: Current tenant to complete 2024 farm rights. Buyer(s) to have 2025 Farm Rights. Tenancy Termination will be completed by seller’s attorney.MINERAL RIGHTS: Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers if any.
SURVEY: Actual surveyed acres may change. Any survey cost to be paid by buyer(s). Any acreage difference greater than half (1/2) 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 & PHONE BIDDERS: Please attend in person, by phone, or on-line. Phone Bidders must register prior to Auction in order to participate.TERMS: Buyer to receive portion of seller’s 2024 income.
POSSESSION: Possession date of closing, subject to the existing farm tenant for the 2024 season.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 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 in increments of $1,000, $500, $250, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer.
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 on the podium day of the auction take precedence over any previous information.
PATRICIA REIS TRUST - SELLER
United States
Jasper County IL Land Auction
62.09+/-AC 100+/- 100 % Tillable. NHEL
BIDDING LIVE, ONLINE,
& BY PHONE
Jasper County, Illinois Land Auction
62.09+/- Acres, Near 100% Tillable, NHEL
Location: 1 mile South of Ste. Marie, IL on Blacktop to Intersection of 400 N & 1800 E, 1 mile East to Intersection of 400 N & 1900 E.
Thursday, July 18, 2024 - 5:00 PM Central
AUCTION LOCATION: SELLAFARM AUDITORIUM
101 S. Jackson, Newton, IL 62448
The Patricia Reis Trust - Seller
Tract 1 - 62.09+/- Acres, 100% Tillable
Brief Legal: NW 1/4 SW 1/4 Also NW 1/4 SW 1/4 Section 31 TWP6 R14 West of Captain Pond Drainage District, Jasper County, Illinois
ACCESS: Land is bordered by 1900 E on the entire West side, bordered by 400 N on entire Southside
SOILS: 7288A Petrolia silty clay Loam, 0-2% slope, rarely flooded 100% of field 100% NHEL
R.E. Estimated Taxes: Parcel# 75-15-31-300-008-6 Estimated $1,339.06
FSA: 62.09 +/- ACRES 62.09 Tillable
Wheat: 7.9 Ac., PLC Yield 41,
Grain Sorghum: .20 Ac., PLC Yield 73
Corn: 22.60 Ac., PLC Yield 154
Soybeans: 26.4Ac., PLC Yield 55
Total Base Acres - 57.10