Allan & Charles Stover – Seller
Thursday July 20th, 2017, 5PM Central
Auction Location: 131 E. South Street, Sumner, IL 62466
Property Location: 131 E. South Street, Sumner, IL 62466
YOUR TEAM ON THE GROUND
Lawrence Co. IL Land Auction
59.25+/- Ac., 57.75+/- Tillable
Thursday July 20th, 2017, 5PM Central
Auction Location: Sumner Masonic Lodge
131 E. South Street, Sumner, IL 62466
Latitude: 38.715295 Longitude: -87.860456
Land Location: Lukin Township, Lawrence Co., Illinois
Tract 1 – 57.5+/- Acres, 57.5+/- Acres Tillable
Latitude: 38.619315 Longitude: -87.832827
Location: US RT 50 to Sumner, IL intersection, South on Rd. 250E (Sumner Blacktop) 6 Mi. to Rd. 400N, East 1.7 mi. to Rd. 420E, South .5 Mi to property.
Brief Legal: 57.5+/- Acres W1/2 SW1/4 Section 11, Lukin Township, Lawrence Co., IL. T2N-R13W. Survey has already been completed on 2+/- Acre Home site (not included).
Access: Direct access to Rd. 420E (Hopewell Rd) on East, also Rd. 300N (Helena Ln) on South. Please note: There is an existing easement accross North edge of Tract 1 from Road 420 to the neighboring NW 40 acres.
Soils: 14C2 Ava Silt Loam, 5-10% slope, 37.02 Ac., 63.1%; 13B Bluford Silt Loam, 2-5% slope, 12.97 Ac., 22.1%; 14B Ava Silt Loam, 2-5% slope, 2.86 Ac., 4.9%; 5C2 Blair Silt Loam, 5-10% slope, 2.66 Ac., 4.5%; 13A Bluford Silt Loam, 0-2% slope, 1.99 Ac., 3.4%; 12 Wynoose Silt Loam, 0-2% slope, 1.13 Ac., 1.9%; Weighted Productivity Index: 93.3, HEL.
FSA Info: Corn Base Ac. 76.20, PLC yield 117; Soybean Base Ac. 36.40, PLC yield 30; Wheat Base Ac. .30, PLC yield 50; Total Base Ac. 112.90. Please Note: These figures include adjoining 40 Ac. to NW & 20 Ac. across the road.
Tract 2 – 1.75+/- Acres, 1+/- Acre Pond, Getaway Paradise / Camp Site
Excellent Weekend Camp Site Complete with Small Outbuilding featuring front porch, metal roof & more!
Latitude: 38.616248 Longitude: -87.832543
Location: Same as Tract 1.
Brief Legal: 1.75+/- Acres W1/2 SW1/4 Section 11, Lukin Township, Lawrence Co., IL. T2N-R13W.
Access: Buyer of tract 2 will have ownership of 22’ wide lane to 420E. Buyer of Tract 1 will have easement acess of the 22’ wide land.
R.E. Estimated Taxes: Part of Lawrence Co. Index #07-000-480-00. Estimated total tax of $376.22 for entire 59+/- Acre property. (That figure includes $145 towards Raccoon Creek Drainage District). 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate.
Farm Rights: Current tenant to have 2017 farm rights, buyer(s) thereafter. Seller to retain 2017 income.
Mineral Rights: Buyer to receive 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 2017 crop year -or- December 1st, 2017, whichever is first. Possession of Tract 2, date of closing.
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. 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.
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.
Allan & Charles Stover – Sellers