The Maxine Spitler Trust by Peoples State Bank of Newton

Bid From Anywhere - Bid Live In Person at SELLAFARM Auction Location -or- Bid Live Online from Your Phone, Tablet or Computer. 

103.33+/- Acres, 100.88+/- Acres FSA Tillable

Offered in 3 Tracts to Suit Your Needs!

Buy 1 Tract -or- All 3!

Buy High Productivity Soil with Upside Potential!

Excellent Candidate for Pattern Tile!

SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co., IL Land Auction

103.33+/- Total Acres, 100.88+/- FSA Tillable Acres

Offered in 3, Near All Tillable Tracts to Suit Your Needs!

Simulcast Auction with Live In Person -or- Live Online at www.sellafarm.com

Thursday, November 21st, 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 Within 1 Mile! This is Your Chance to Buy Tillable Acres!

Save Time & Money by Not “Roading” Equipment!

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

Approximate Front Corners Flagged.

Tracts 1 & 2 Location:

-OR- From Sumner, IL (Intersection of US Route 50 & Chauncey Blacktop): Approx. 4 Mi. North of US Route 50 on Co. Hwy. 7 / Co. Rd. 220E (Chauncey Road) to Co. Rd. 1500 N (Petty School Lane), East 1.8 Mi. to Co. Rd. 400E (Spring Hill Road), South .3 Mi. to land location. Directional Signs with Multi-Page, Full-Color Brochure is posted.

-OR- From Chauncey, IL: Approx. 3 Mi. South of Chauncey on Co. Hwy 7 / Co. Rd. 220E (Chauncey Road), to Co. Rd. 1500N (Petty School Lane), East 1.8 Mi. to Co. Rd. 400E (Spring Hill Road), South .3 Mi. to land location. Directional Signs with Multi-Page, Full-Color Brochure is posted.

 

Tract 3 Location:

From North Boundary of Tract 2 (Intersection of Co. Rd. 400E (Spring Hill Road) & Co. Rd. 1470N): Head East on Co. Rd. 1470N / Co. Rd. 420E (Anglin Road), to Co. Rd. 500E (Pleasant View Rd), North .25 Mi. to Land Location. Directional Signs with Multi-Page, Full-Color Brochure is posted.

 

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

Latitude: 38.781422 Longitude: -87.830133

Brief Legal: NW1/4 SW1/4 Section 14, Petty Township, Lawrence Co., IL. T4N-R13W.

Access: Full Frontage, Direct Access to Co. Rd. 400E (Spring Hill Road) on West. 

Soils: 8071 Darwin Silty Clay, 32.75 Ac., 81.9%; 184A Roby Fine Sandy Loam, 0-2% slope, 5.31 Ac., 13.3%; 7072A Sharon Silt Loam, 0-2% slope, 1.94 Ac., 4.8%; Weighted Productivity Index: 111.5.

FSA Classification: ALL NHEL

Real Estate Taxes (Estimated): Lawrence County Assessor Parcel Index Number (40 Acres): 08-000-580-00, Total Estimated Tax of $494.28 -or- $12.36 per acre. 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 – 33.77+/- Acres, 32.77+/- Acres Tillable

Latitude: 38.784935 Longitude: -87.830398

Brief Legal: SW/14 NW/14 Section 14, Petty Township, Lawrence Co., IL. T4N-R13W, Less 5 Acre Homestead & Less 1.23 Acres for Church Cemetery,

Access: Direct Access to Co. Rd. 400E (Spring Hill Road) on East -and- Co. Rd. 1470N (Anglin Road) on North.

Soils: 8382A Belknap Silt Loam, 0-2% slope, 12.77 Ac., 37.6%; 8071 Darwin Silty Clay, 6.64 Ac., 19.5%; 929D3 Hickory-Ava Complex, 7-12% slope, 4.81 Ac., 14.1%; 14C3 Ava Silty Clay Loam, 4-7% slope, 4.49 Ac., 13.2%; 7072A Sharon Silt Loam, 0-2% slope, 3.66 Ac., 10.8%; 14C2, Ava Silt Loam, 5-10% slope, 1.04 Ac., 3.1%; 7208 Sexton Silt Loam, .59 Ac., 1.7%; Weighted Productivity Index: 104. 

FSA Classification: NHEL

Real Estate Taxes (Estimated): Lawrence County Assessor Parcel Index Number (33.77 Acres): 08-000-577-00, Total Estimated Tax of $437.40 -or- $12.95 per acre. 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 3 – 29.56+/- Acres, 26.64+/- Acres Tillable

Latitude: 38.775747 Longitude: -87.813095

Brief Legal: Approx. the North 3/4 of SW1/4 SW1/4, Section 13, Petty Township, Lawrence Co., IL. T4N-R13W.

Access: Full Frontage, Direct Access to Co. Rd. 500E (Pleasant View Road) on West. 

Soils: 7208 Sexton Silt Loam, 15.41 Ac., 49.1%; 173A McGary Silt Loam, 0-2% slope, 7.22 Ac., 23.0%; 173B2 McGary Silt Loam, 2-5% slope, 3.43 Ac., 10.9%; 8071A+ Darwin Silt Loam, 0-2% slope, 2.91 Ac., 9.3%; 176A Marissa Silt Loam, 0-2% slope, 1.37 Ac., 4.4%; Weighted Productivity Index: 106.5. 

FSA Classification: NHEL

Real Estate Taxes (Estimated): Lawrence County Assessor Parcel Index Number (29.56 Acres): 08-000-559-00, Total Estimated Tax of $391.86 -or- $13.56 per acre. 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 (Tract 1 & 2): Farm No. 4979, Tract No. 3080. Corn Base Ac. 35.90, PLC Yield 108; Soybean Base Ac. 18.90, PLC Yield 36; Wheat Base Ac. 17.30, PLC Yield 37; Total Base Ac. 72.10. See digital copy of FSA Maps & 156 Records that are posted to www.sellafarm.com, view anytime.

FSA Info (Tract 3): Farm No. 4979, Tract No. 608. Corn Base Ac. 14.10, PLC Yield 108; Soybean Base Ac. 12.10, PLC Yield 31; Total Base Ac. 26.20. 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. Copies will be provided to winning bidder(s) 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: Possession date of closing, subject to the rights of the existing farm tenant for the 2024 Crop Year. 

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: Plan to Close by End of Year. 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.

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

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

 

Inspection Dates

Monday, November 4th, 2 – 3 PM Central

and Monday, November 18th, 2 - 3 PM Central

 

 

The Maxine Spitler Trust – Seller

Peoples State Bank of Newton Trust Department

Melisa Griffin – Trust Officer

Frank Weber of Weber, Heap, Ayres & Green – Representing Attorney