Nora E. Hardin Trust – Seller

Thursday July 26th, 2018 5PM Central


SELLAFARM, Your Team on the Ground will be selling 160+/- acres featuring 135.5+/- total acres tillable of Clay County, Illinois land offered for sale via the auction method of marketing!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 07/26/18 at 5:00 PM CDT
Location: Bible Grove Township Building, West Edge of Bible Grove, Bible Grove, IL

SELLAFARM

YOUR TEAM ON THE GROUND

Clay Co. IL Land Auction

160+/- Acres, 135.5+/- Acres Tillable

Thursday July 26th, 2018, 5PM Central

Auction Location: Bible Grove Township Building

West Edge of Bible Grove, IL

Latitude: 38.872392 Longitude: -88.451988

Land Location: Bible Grove Township, Clay Co., Illinois

12 Mi. NNW of Clay City, IL -or- 14 Mi. NNE of Flora, IL

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

Tract 1 – 40.75+/- Acres, Near 100% Tillable

Latitude: 38.864268 Longitude: -88.450803

Location: Approx. .5 Mi. South of Bible Grove, IL on Caleb Rd., to East side -or- .25 Mi. South of Intersection of Bible Grove Lane and Old Bible Grove Road to West side of land. Signs will be posted with brochures. Corners flagged.

Brief Legal: N1/2 S1/2 NW1/4 Section 20, Bible Grove Township, Clay Co., IL. T5N-R7E.

Access:Direct access to Caleb Rd. (Rd. 1350E) on East, also Direct access to Old Bible Grove Rd. (Rd. 1300E).

Soils: 991 Cisne-Huey Silt Loams, 0-2% Slope, 20.65 Ac., 50.4%; 5C2 Passport Silt Loam, 5-10% Slope, 8.34 Ac., 20.3%; 13A Bluford Silt Loam, 0-2% Slope, 6.07 Ac., 14.8%; 4218 Newberry Silt Loam, 0-2% Slope, 4.71 Ac., 141.5%; 13B Bluford Silt Loam, 1.22 Ac., 3.0%; ALL NHEL. Weighted Productivity Index: 101.5.

FSA Info: Farm No. 53, Tract 1067, Corn Base Ac. 58.30, PLC yield 115; Soybean Base Ac. 43.30, PLC yield 33; Wheat Base Ac. 10.50, PLC Yield 53; Total Base Ac. 112.10. Please Note: This includes totals for Tracts 1, 2, 3 & 4. Map & 156 will be posted on www.sellafarm.com to view anytime.

R.E. Estimated Taxes: Clay County Assessor Parcel Index Number 03-20-100-004-0021 (tracts 1 & 2 Combined), Total Current Tax of $598.33. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter. If sold separate, courthouse will divide.

 

Tract 2 – 42.25+/- Acres, Near 100% Tillable

Latitude: 38.862564 Longitude: -88.450610

Location: Adjoins Tract 1 to the South. Also adjoins Tract 3 to the North. Signs will be posted with brochures. Corners flagged.

Brief Legal: S1/2 S1/2 NW1/4 Section 20, Bible Grove Township, Clay Co., IL. T5N-R7E.

Access:Direct access to Caleb Rd. (Rd. 1350E) on East, also Direct access to Old Bible Grove Rd. (Rd. 1300E).

Soils: 991 Cisne-Huey Silt Loams, 0-2% Slope, 26.52 Ac., 62.5%; 13A Bluford Silt Loam, 0-2% Slope, 7.69 Ac., 18.1%; 5C2 Passport Silt Loam, 5-10% Slope, 4.16 Ac., 9.8%; 4218 Newberry Silt Loam, 0-2% Slope, 4.08 Ac., 9.6%; ALL NHEL. Weighted Productivity Index: 102.2.

FSA Info: Farm No. 53, Tract 1067, Corn Base Ac. 58.30, PLC yield 115; Soybean Base Ac. 43.30, PLC yield 33; Wheat Base Ac. 10.50, PLC Yield 53; Total Base Ac. 112.10. Please Note: This includes totals for Tracts 1, 2, 3 & 4. Map & 156 will be posted on www.sellafarm.com to view anytime.

R.E. Estimated Taxes: Clay County Assessor Parcel Index Number 03-20-100-004-0021 (tracts 1 & 2 Combined), Total Current Tax of $598.33. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter. If sold separate, courthouse will divide.

 

Tract 3 – 20.81+/- Acres, Near 100% Tillable

Latitude: 38.859607 Longitude: -88.449430

Location: Adjoins Tract 2, South border. Signs will be posted with brochures. Corners flagged.

Brief Legal: W1/2 NE1/4 SW1/4 Section 20, Bible Grove Township, Clay Co., IL. T5N-R7E.

Access:Direct access to Caleb Rd. (Rd. 1350E) on East via 30 foot lane owned by buyer of Tract 3.

Soils: 4218 Newberry Silt Loam, 0-2% Slope, 12.41 Ac., 59.6%; 991 Cisne-Huey Silt Loams, 0-2% Slope, 8.40 Ac., 40.4%; ALL NHEL. Weighted Productivity Index: 109.2.

FSA Info: Farm No. 53, Tract 1067, Corn Base Ac. 58.30, PLC yield 115; Soybean Base Ac. 43.30, PLC yield 33; Wheat Base Ac. 10.50, PLC Yield 53; Total Base Ac. 112.10. Please Note: This includes totals for Tracts 1, 2, 3 & 4. Map & 156 will be posted on www.sellafarm.com to view anytime.

R.E. Estimated Taxes: Clay County Assessor Parcel Index Number 03-20-300-003-0021, Total Current Tax of $223.33. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Tract 4 – 15+/- Acres, 12+/- Acres Tillable, 2.30 CRP

Latitude: 38.862514 Longitude: -88.444559

Location: Located directly across Road from Tracts 1, 2 & 3. Signs will be posted with brochures. Corners flagged.

Brief Legal: West 15 Acres of SW1/4 NE1/4 Section 20, Bible Grove Township, Clay Co., IL. T5N-R7E.

Access:Direct access to Caleb Rd. (Rd. 1350E) on West, Also Township Road on South.

Soils: 13A Bluford Silt Loam, 0-2% Slope, 7.66 Ac., 49.4%; 13B2 Bluford Silt Loam, 2-5% Slope, 3.28 Ac., 21.1%; 14B Ava Silt Loam, 2-5% Slope, 2.99 Ac., 19.3%; 8F Hickory Silt Loam, 18-35% Slope, 1.59 Ac., 10.2%; 9.04 Ac. NHEL, 2.95 HEL. Weighted Productivity Index: 95.9.

FSA Info: Farm No. 53, Tract 1067, Corn Base Ac. 58.30, PLC yield 115; Soybean Base Ac. 43.30, PLC yield 33; Wheat Base Ac. 10.50, PLC Yield 53; Total Base Ac. 112.10. Please Note: This includes totals for Tracts 1, 2, 3 & 4. Map & 156 will be posted on www.sellafarm.com to view anytime.

CRP Info:CRP Contract Acres: 2.30. $115.80 Rental Rate Per Acre. $266 Annual Contract Payment. Contract End Date of 9/30/2022. Buyer to receive 2018 CRP Income.

R.E. Estimated Taxes: Clay County Assessor Parcel Index Number 03-20-200-006-0021, Total Current Tax of $91.57. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Tract 5 – 41+/- Acres, 22.82+/- Acres Tillable, 6.88 CRP

Latitude: 38.859607 Longitude: -88.419744

Location: 1.5 Mi. Southeast of Tracts 1, 2, 3 & 4 on corner of 1500E & 1600N Testament Lane. Signs will be posted with brochures. Corners flagged.

Brief Legal: NE1/4 NE1/4 Section 33, Bible Grove Township, Clay Co., IL. T5N-R7E.

Access:Direct access to Testament Ln. (Rd. 1600N) at Northeast corner.

Soils: 4218 Newberry Silt Loam, 0-2% Slope, 12.41 Ac., 59.6%; 991 Cisne-Huey Silt Loams, 0-2% Slope, 8.40 Ac., 40.4%; ALL NHEL. Weighted Productivity Index: 109.2.

FSA Info: Farm No. 53, Tract 1068, Corn Base Ac. 5.87, PLC yield 115; Soybean Base Ac. 16.95, PLC yield 33; Total Base Ac. 22.82.

Please Note: Map & 156 will be posted on www.sellafarm.com to view anytime.

CRP Info:CRP Contract Acres: 6.88. $149.01 Rental Rate Per Acre. $1,025 Annual Contract Payment. Contract End Date of 9/30/2027. Buyer to receive 2018 CRP Income.

R.E. Estimated Taxes: Clay County Assessor Parcel Index Number 03-33-200-001-0021, Total Current Tax of $186.75. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

CRP Contracts: Buyer shall receive all of the Seller’s rights and interest in any CRP Contract which results from the enrollment of the real estate in the CRP Program. Buyer agrees to indemnify and hold Seller and their agents harmless from any and all expenses, damages, losses, or claims Seller may incur as a result of the failure of the Buyer to maintain the real estate made subject of this Contract in the CRP program pursuant to the requirements of the USDA, Farm Service Agency. Survival: Except as otherwise expressly stated herein, all arrangements, representations and warranties contained in this Contract shall survive the closing and shall not be canceled by the delivery of the deed.

Farm Rights: Current tenant to complete 2018 farm rights, buyer(s) thereafter. Buyer(s) to receive sellers portion of 2018 net income.

Mineral Rights:Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any. Royalty Interest of .06250000. Name of Lease: Brooks-Hardin Community, Lease No. 4015; 2017 Production: 286+/- Barrels; Hardin Well non-operating, all production posted to Brooks #2. Name of Operator: Marshall Partlow D/b/a Dillion Energy. Name of Buyer: Bi-Ptro, Inc. Division of Interest & Clay County Oil Production Reports available upon request.

Possession: Possession of tillable date of closing, subject to the rights of the existing farm tenants for the 2018 crop year -or- December 1st, 2018, 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.com or www.parrottauctions.comfor aerials, drone tour, photos & plats.

 

For more information, please call Call Auctioneers 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!

 

Nora E. Hardin Trust – Seller

James Stout – Attorney

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