SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co., IL Land Auction

126.43+/- Total Acres, 88.55+/- Tillable Acres

Tract 1 – 108.43+/- Acres, 88.55+/- Acres Tillable

Tract 2 - 18+/- Acres, All Wooded, Potential for Added Tillable Acreage

Bid Live In Person -or- Live Online at www.sellafarm.com

Thursday, October 3rd, 2024, 5PM Central

Auction Location: SELLAFARM Auction Center

14024 State Route 1, Lawrenceville, IL 62439

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

Signs Posted.

LAND LOCATION

All Land is Contiguous! Your Chance to Buy 88.55+/- Tillable Acres!

Save Time & Money by Not “Roading” Equipment!

Directional Signs and Full-Color, Multi-Page Brochures posted.

Approximate Front Corners Flagged.

Location: From Lawrenceville, IL: approx. 11 Mi. West of Lawrenceville, IL on US Route 50 to Co. Rd. 100E (Hadley Raod), South 1.6 Mi. to land location.

-OR- From Sumner, IL (in-Town): Christy Street to Cedar Lane, West approx. 1.6+/- to Co. Rd. 100E (Hadley Road), South .5 Mi. to land location.

-OR- From Olney, IL (Intersection of Rt. 130 & Rt. 50): approx. 11.25 Mi. East of Olney, IL on US Route 50 to Co. Rd. 100E (Hadley Road), South 1.6+/- Mi. to land location.

Tract 1 – 108.43+/- Acres, 88.55+/- Acres Tillable

Latitude: 38.70918 Longitude: -87.898408

Brief Legal: Part of Section 7, Christy Township, Lawrence Co., IL. T3N-R13W.

Access: Direct Access to Co. Rd. 100E (Hadley Road) on East.

Soils: 2A Wynoose Silt Loam, 0-2% slope, 41.58 Ac., 38.6%; 13A Bluford Silt Loam, 0-2% slope, 16.78 Ac., 15.5%; 13B2 Bluford Silt Loam, 2-5% slope, 11.16 Ac., 10.3%; 13B Bluford Silt Loam, 2-5% slope, 9.83 Ac., 9.1%; 8382A Belknap Silt Loam, 0-2% slope, 9.23 Ac., 8.5%; 14C2 Ava Silt Loam, 5-10 Slope, 9.06 Ac., 8.4%; 14D3 Ava Silty Clay Loam, 7-12% slope, 5.19 Ac., 4.8%; 929D3 Hickory-Ava Complex, 7-12% slope, 4.13 Ac., 3.8%; 14B Ava Silt Loam, 2-5% slope, .90 Ac., .8%; 14C3 Ava Silty Clay Loam, 4-7% slope, .17 Ac., .2%; Weighted Productivity Index: 96.7.

R.E. Estimated Taxes (Entire Farm): Lawrence County Assessor Parcel Index Number(s): 04-000-117-00 ($280.32), 04-000-120-00 ($131.24), and 04-000-125-00 ($955.36) for an estimated total of $1,366.92 -or- $10.81 per acre. If sold separate, County to divide accordingly. 2024 taxes, due & payable 2025 to be paid by SELLAFARM 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 for tax bills, view anytime.

Tract 2 – 18+/- Acres, All Wooded

Possible Expansion for Added Tillable Acre, Full Water Management Potential

Latitude: 38.70721 Longitude: -87.896376

Brief Legal: Part of the N1/2 SE1/4 Section 7, Christy Township, Lawrence Co., IL. T3N-R13W.

Access: Direct Access to Co. Rd. 100E (Hadley Road) on East.

Water Management: Several waterways convene in the property providing quality drainage possibilities for Tract 1. Please Note: This farm utilizes various water management techniques to effectively control water on the farm. These include grass water ways and inlet to subterranean drainage tile. Photos of inlets are posted to www.sellafarm.com. If sold separate, Buyer(s) agree that Tract 2 will be sold subject to Farm Drainage agreement as posted to www.sellafarm.com.

Recreational: This property features a mixture of hard and softwoods throughout the property. History of quality hunting in the area can easily be found and signs of wildlife are everywhere! Agricultural fields provide food sources in all directions, many grass waterways in the neighborhood provide ample bedding opportunities, and several waterways convene in the property providing year round water source.

R.E. Estimated Taxes (Entire Farm): Lawrence County Assessor Parcel Index Number(s): 04-000-117-00 ($280.32), 04-000-120-00 ($131.24), and 04-000-125-00 ($955.36) for an estimated total of $1,366.92 -or- $10.81 per acre. If sold separate, County to divide accordingly. 2024 taxes, due & payable 2025 to be paid by SELLAFARM 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 for tax bills, view anytime.

FSA Info: Farm No. 3478, Tract No. 3110. Corn Base Ac. 44.40, PLC Yield 115; Soybean Base Ac. 44.10, PLC Yield 44; Wheat Base Ac. 4.30, PLC Yield 40; Total Base Ac. 92.80. See digital copy of FSA Maps & 156 Records that are posted to www.sellafarm.com, view anytime.

Farm Rights: Buyer(s) to have 2025 Farm Rights. Tenancy Termination letter for the 2025 Crop Season will be completed by seller's attorney. Copy will be provided to Tract 1 winning bidder date of auction. Seller to retain 2024 Farm Income.

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

Possession: Tract 1: Possession date of closing, subject to the rights of the existing farm tenant for the 2024 Crop Year. Tract 2: Possession date of closing.

Survey: Advertised acres are gathered from county/tax records, Farm Service Agency Mapping & Records, and other digital mapping systems. Digital copy of FSA Maps and FSA 156 are posted to www.sellafarm.com, view anytime. Actual surveyed acres may change. Any survey cost to be paid by buyer(s), divided equally among the number of 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 by years end. 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 SELLAFARM'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 Insurance Agent & Closing Agent: Lawrence County Title, Lawrenceville, IL will be the closing agent on the transaction. SELLAFARM, Your Team on the Ground, will post Preliminary Title Commitment to www.sellafarm.com once available under “Documents Tab”. Winning Bidder(s) will be provided copy on auction date.

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

Approval of Bids: Sellers plan to sell the property night of the auction, however, there is a reasonable reserve in place. 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 & Land Specialist Zane Parrott at 812-890-5452.

Inspection Dates to meet SELLAFARM Land Specialist Zane Parrott for a guided tour of the property!

Inspection Dates

Monday, September 9th, 3 - 4 PM Central

and Monday, September 30th, 3 – 4 PM Central

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

Field Edge has Been Mowed. Easily Travel Fields Edge with Side by Side or Four-Wheeler

Betty O'Brien, Debbie Lin, Eric Smith, Jessica Aldridge (Smith) and Cindy Wilson - Sellers

126+/- Acres, Lawrence County, Illinois