Thomas “Tom” Bennett Trust – Seller

Thursday June 28th, 2018 5PM Central


SELLAFARM, Your Team on the Ground will be selling 41.5+/- deeded acres consisting of 38.5+/- Acres tillable of Richland County, Illinois farmland offered for sale via the auction method of marketing!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 06/28/18 at 5:00 PM CDT
Location: The Holiday, 1300 S. West Street, Olney, IL 62450

SELLAFARM

YOUR TEAM ON THE GROUND

Richland Co. IL Land Auction

41.5+/- Acres, 38.5+/- Acres Tillable

Thursday June 28th, 2018, 5PM Central

Auction Location: The Holiday

1300 S. West Street, Olney, IL 62450

Latitude: 38.716246 Longitude: -88.093388

Land Location: German Township, Richland Co., Illinois

 

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

 

Inspection Date of Thursday June 7th from 2-4PM Central

to meet a SELLAFARM Representative at the entrance of the Property for guided Side by side Tour!

 

Tract 1 – 20.36+/- Acres, Near 100% Tillable, ALL NHEL, High Productivity of 104.7

Latitude: 38.766242 Longitude: -87.948713

Location: 8 Mi. East of Olney, IL -or- 14 Mi. West of Lawrenceville, IL to Crest Haven Road (Rd. 1900E), North approx. 2.5 Mi. to Farm. Located directly across Crest Haven Road from Tract 2. Signs will be posted with brochures. Corners flagged.

Brief Legal: S1/2 NE1/4 SE1/4 Section 22, German Township, Richland Co., IL. T4N-R14W.

Access:Direct access to Crest Haven Rd. (Rd. 1900E) on East, also Direct access to Mt. Olive Rd. (Rd. 1875E) on West.

Soils: 2 Cisne Silt Loam, 0-2% Slope, 12.98 Ac., 63.8%; 13B2 Bluford Silt Loam, 2-5% Slope, 5.05 Ac., 24.8%; 13B Bluford Silt Loam, 2-5% Slope, 2.33 Ac., 11.4%; ALL NHEL. Weighted Productivity Index: 104.7.

FSA Info: Farm No. 969, Corn Base Ac. 18.70, PLC yield 123; Soybean Base Ac. 18.80, PLC yield 35; Total Base Ac. 37.50. Please Note: This includes totals for entire farm. Map & 156 will be posted on www.sellafarm.com under Documents Tab, feel view to view anytime.

R.E. Estimated Taxes: Richland County Assessor Parcel Numbers 08-22-400-004, Total Current Tax of $165.06. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Tract 2 – 21.22+/- Acres, 18.37 Acres Tillable, ALL NHEL, High Productivity of 108

Latitude: 38.767029 Longitude: -87.945226

Location: 8 Mi. East of Olney, IL -or- 14 Mi. West of Lawrenceville, IL to Crest Haven Road (Rd. 1900E), North approx. 2.5 Mi. to Farm. Located directly across Crest Haven Road from Tract 1. Signs will be posted with brochures. Corners flagged.

Brief Legal: E1/2 NW1/4 SW1/4 Section 23, German Township, Richland Co., IL. T4N-R14W.

Access:Direct access to Crest Haven Rd. (Rd. 1900E) on West.

Soils: 2 Cisne Silt Loam, 0-2% Slope, 9.54 Ac., 45.0%; 382 Belknap Silt Loam, 0-2% Slope, 6.45 Ac., 30.41%; 13B2 Bluford Silt Loam, 2-5% Slope, 3.71 Ac., 17.5%; 5 other fractional soil types; ALL NHEL. Weighted Productivity Index: 108.

FSA Info: Farm No. 969, Corn Base Ac. 18.70, PLC yield 123; Soybean Base Ac. 18.80, PLC yield 35; Total Base Ac. 37.50. Please Note: This includes totals for entire farm. Map & 156 will be posted on www.sellafarm.com under Documents Tab, feel view to view anytime.

R.E. Estimated Taxes: Richland County Assessor Parcel Numbers 08-23-300-001, Total Current Tax of $167.40. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

Farm Rights: Buyer(s) will have 2018 Farm Rights.

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

Possession: Possession of tillable will be granted day after auction. If transaction fails to close, buyer(s) will forfeit the entire 2018 crop (both landlord & tenant portion without expenses) & and non-refundable escrow 

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 confirmation.

 

Log onto www.sellafarm.com or 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.

 

Inspection Date of Thursday June 7th from 2-4PM Central

to meet a SELLAFARM Representative at the entrance of the Property

for guided Side by side Tour!

 

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

 

Thoms “Tom” Bennett Trust – Seller

Terry Duff, Trustee

Farm Rights: Buyer(s) will have 2018 Farm Rights.

 

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

 

Possession: Possession of tillable will be granted day after auction. If transaction fails to close, buyer(s) will forfeit the entire 2018 crop (both landlord & tenant portion without expenses) & and non-refundable escrow

 

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 confirmation.

Location: 8 Mi. East of Olney, IL -or- 14 Mi. West of Lawrenceville, IL to Crest Haven Road (Rd. 1900E), North approx. 2.5 Mi. to Farm. Located directly across Crest Haven Road from Tract 2. Signs will be posted with brochures. Corners flagged.

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