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Auction Information
Auctioneer Parrott Real Estate & Auction Co. 618-943-4905
Auction Date Nov 01 Auction
Location
401 Lanterman Drive
Bridgeport, IL
Time 05:00PM
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Auction Listing
AuctionZip Auctioneer ID# 4851

SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co. IL Land Auction

62.25+/- Ac., 46.5+/- Tillable

Tuesday November 1st, 2016, 5PM Central

Auction Location: Lanterman Park Pavilion

401 Lanterman Drive, Bridgeport, IL

Latitude: 38.702800 Longitude: -87.762139

Land Location: Bridgeport Township, Lawrence Co., Illinois

Tract 1 - 35.75+/- Acres, 27.73+/- Acres Tillable

Latitude: 38.674134 Longitude: -87.761476

Location: 2 Mi. South of Bridgeport, IL on Bridgeport Rd. (Rd. 800E) to Billet Ln (Rd. 700N).

Brief Legal: SE1/4 SE1/4, Section 20, Bridgeport Township, Lawrence Co. IL. T3N-R12W less approx. 3 acres.

Access:Direct access to Bridgeport Rd. (Rd. 800E), also Billet Ln (Rd. 700N).

Soils:13A Bluford Silt Loam, 0-2% slope, 11.67 Ac., 32.8%; 5C2 Blair Silt Loam, 5-10% slope, 10.48 Ac., 29.4%; 8382 Belknap Silt Loam, 2-5% slope, 6.42 Ac., 18.0%; 13B Bluford Silt Loam, 2-5% slope, 5.38 Ac., 15.1%; 14C2 Ava Silt Loam, 5-10% slope, 1.53 Ac., 4.3%; 14D3 Ava Silty Clay Loam, 7-12% slope, 0.15 Ac., .4%; Weighted Productivity Index: 101.1.

R.E. Taxes: Lawrence Co. Parcel ID# 03-000-305-00, $92.70. 2016 taxes, due & payable 2017 to be paid by SELLAFARM.

Tract 2 - 26.5+/- Acres, 18.75+/- Acres Tillable

Latitude: 38.677652 Longitude: -87.766218

Location: Same as Tract 1. 2 Mi. South of Bridgeport, IL on Bridgeport Rd. (Rd. 800E) to Billet Ln (Rd. 700N).

Brief Legal: NW1/4 SE1/4, Section 20, Bridgeport Township, Lawrence Co. IL. T3N-R12W less approx. 15 acres.

Access:Direct access to Bridgeport Rd. (Rd. 800E) via 20' wide easement, already surveyed, pinned and recorded easement following existing farm lane along North edge of Tract 1.

Soils:12 Wynoose Silt Loam, 0-2% slope, 11.31 Ac., 42.5%; 13B Bluford Silt Loam, 0-2% slope, 10.24 Ac., 38.5%; 5C2 Blair Silt Loam, 5-10% slope, 3.20 Ac., 12.0%; 13A Bluford Silt Loam, 0-2% slope, 1.85 Ac., 7.0%; Weighted Productivity Index: 98.1.

R.E. Taxes: Lawrence Co. Parcel ID# 03-000-306-00, $59.26. 2016 taxes, due & payable 2017 to be paid by SELLAFARM.

FSA Info: Corn Base Ac. 24.60, PLC yield 142; Grain Sorghum Base Ac. 10.10, PLC yield 65; Wheat Base Ac. 6.5, PLC yield 37; Soybean Base Ac. 5.5, PLC yield 42; Total Base Ac. 46.70. Please Note: This includes totals for both Tracts 1 & 2.

Farm Rights: Current tenant to have 2016 farm rights, buyer(s) thereafter. Seller to retain 2016 income.

Mineral Rights: Seller to retain all interest in all oil, gas & other minerals owned by sellers, if any.

Possession: Possession of tillable date of closing, subject to the rights of the existing farm tenants for the 2016 crop year -or- December 1st, 2015, which is first. Possession of wooded date of closing.

Survey: Any survey cost to be paid by buyer. Any acreage difference greater than half (½) acre 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. Have financial arrangements made prior to sale. 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. Being sold subject to owner approval.

Log onto www.sellafarm.com or www.parrottauctions.comfor aerials, drone tour, photos & plats.

Please see "Documents" tab for 11" x 17" copy of survey along with 8.5" x 14" copy of survey describing wooded portion of 2 tract and easement.

For private tour of the land on 6 Seater Polaris Side by Side or more information, please call Call Auctioneer Gregg Parrott mobile 618-843-4905 or Zane Parrott mobile 812-890-5452.

Marguerite Croslow Trust – Seller

Jerry Croslow - Trustee

 

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Auctioneer License Information: 440000484

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