Auction Information
Auctioneer Parrott Real Estate & Auction Co. 618-943-4905
Auction Date Aug 29 Auction
Location
14024 State Route 1
Lawrenceville, IL
Time 06:00PM
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AuctionZip Auctioneer ID# 4851

SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co. IL Land Auction

104+/- Acres, 66.5+/- Acres Tillable

Remainder Wooded / Recreational & Hunting

Thursday August 29th, 2019, 6PM Central

Auction Location: Parrott Auction Center

14024 State Route 1, Lawrenceville, IL 62439

Latitude: 39.002901 Longitude: -87.620423

 

Land Location: Petty Township, Lawrence Co., Illinois

Located NW of Lawrenceville, IL -or- SW of Robinson, IL

 

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

Drone Video will be available for viewing as All Crops are planted!

 

 Tract 1 – 66.47+/- Acres, Near 100% Tillable, ALL NHEL

Latitude: 38.807285 Longitude: -87.817138

Location:From Lawrenceville, IL: 7 Mi. North of Lawrenceville, IL, on IL Route 1 to Birds / Chauncey Blacktop (Rd. 1800N), West 8 Mi. to Rd. 400E, South 1.9 Mi. to Rd. 1610N, East .5 Mi. to land location -or- From Sumner, IL: Us Route 50 Sumner / Chauncey Blacktop (Rd. 220N), North 4 Mi. to Rd. 1500N (Petty School Rd), East 2.3 Mi. to Rd. 450E, North 1.1 Mi. to land location.

Brief Legal: All tillable land located within the S1/2 SE1/4 Section 2 also all tillable land located within East 25 Acres of N1/2 NE1/4 Section 11, all situated in Petty Twp, Lawrence Co., IL. T4N-R13W.

Access: Direct Access from West on Rd. 450E, also direct frontage from East on Rd. 500E.

 Tract 2- 37.5 +/- Acres, All Wooded Recreational, Possible Marketable Timber

Latitude: 38.807285 Longitude: -87.817138

Location:From Lawrenceville, IL: 7 Mi. North of Lawrenceville, IL, on IL Route 1 to Birds / Chauncey Blacktop (Rd. 1800N), West 8 Mi. to Rd. 400E, South 1.9 Mi. to Rd. 1610N, East .5 Mi. to land location -or- From Sumner, IL: Us Route 50 Sumner / Chauncey Blacktop (Rd. 220N), North 4 Mi. to Rd. 1500N (Petty School Rd), East 2.3 Mi. to Rd. 450E, North 1.1 Mi. to land location.

Brief Legal: All wooded land located within the S1/2 SE1/4 Section 2 also all wooded land located within East 25 Acres of N1/2 NE1/4 Section 11, all situated in Petty Twp, Lawrence Co., IL. T4N-R13W.

Access: If sold separate, Access to Rd. 500E via 30' wide lane that will run along East edge of tillable land as shown in the SELLAFARM Aerials, lane will head south to Rd. 1550N.

Woods: The wooded acreage of this property has the possibility of big bucks & turkeys as creeks run near the property & agricultural fields are nearby. This land and the neighboring land in Petty Township has a well established hunting / recreational history.

 

Weighted Productivity Index (Entire Farm): 142 Patton Silty Clay Loam, 39.32 Ac., 37.6%; 8083 Wabash Silty Clay, Occasionally Flooded, 26.06 Ac., 24.9%; 176 Marissa Silt Loam, 23.33 Ac., 22.3%; 8071 Darwin Silty Clay, Occasionally Flooded, 9.69 Ac., 9.3%; 173A McGary Silt Loam, 0-2% slope, 5.88 Ac., 5.6%; 7208 Sexton Silt Loam, Rarely Flooded, .25 Ac., .2%; 8382A Belknap Silt Loam, 0-2% slope, Occasionally Flooded, .08Ac., .1%; Weighted Productivity Index: 122.2, ALL NHEL.

 

R.E. Estimated Taxes (Entire Farm): Lawrence County Assessor Parcel Index Numbers 08-000-333-00 ($244.92), 08-000-333-10 ($59.14), 08-000-333-20 ($64.16), 08-000-490-00 ($92.00), & 08-000-496-00 ($10.00). Total Current Tax of $470.22 (approx. $4.52 per acre). Please Note, If farm is sold separate, courthouse / county will divide. 2019 taxes, due & payable 2020 to be paid by SELLAFARM as estimated credit on date of closing, Buyer(s) thereafter.

 

FSA Info: Farm No. 6602, Tract No. 5519, Corn Base Ac. 54.00, PLC yield 95; Soybean Base Ac. 12.47, PLC yield 21; Total Base Ac. 66.47. Maps & 156 Records will be posted on www.sellafarm.com under the “Documents” tab, view anytime.

 

Farm Rights:Current tenant to complete 2019 farm rights, buyer(s) thereafter. Buyer(s) to receive sellers portion of 2019 income. Tenancy Termination letter for the 2020 farming season has already completed. Copies will be attached to day of sale contract as well as available day of sale and on www.sellafarm.com under the “Documents” tab, view anytime.

 

Mineral Rights: Seller to retain of 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 tenants for the 2019 crop year upon harvest of current crop -or- February 28, 2020 as per farm tenancy termination, whichever is first.

 

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.

 

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 within 45 days. 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 confirmation. Announcements made from podium day of auction take precedence over any previous information.

 

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

 

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

 

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

 

Irvin Roberts Estate – Seller

 

Frank Weber of Weber, Tedford, Heap & Ayers - Attorney

 

View the full auction listing.







Auctioneer License Information: 440000484

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