Gray Trust – Seller

Saturday August 11th, 2018 10AM Central


SELLAFARM, Your Team on the Ground will be selling 236.98+/- acres featuring 234.41 +/- total acres tillable of high productivity farmland of Iroquois County, Illinois land offered for sale via the auction method of marketing!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Begins: 08/11/18 at 10:00 AM CDT
Location: 140 South Park Street, Sheldon, IL 60966

SELLAFARM

YOUR TEAM ON THE GROUND

Iroquois Co. IL Land Auction

236.98+/- Acres, 234.41+/- Tillable of High Productivity Land

ALL NHEL, High Productivity Land w/ Excellent Hard Surface Road Access!

Saturday August 11th, 2018, 10AM Central

Auction Location: Sheldon Community Center, 140 South 4th Street, Sheldon, IL 60966

Latitude: 40.769517 Longitude: -87.563931

 

Land Location: Sheldon Township, Iroquois Co., Illinois

 

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

 

Log onto www.sellafarm.com or www.parrottauctions.com for aerial photos, ground photos, drone tour & more!

 

Tract 1 – 78.8+/- Acres, Near 100% Tillable, ALL NHEL, Productivity Index of 123.5

Latitude: 40.717060 Longitude: -87.550177

Location: Approximately 4 Mi. South of Watseka, IL on IL Route 1 to Co. Rd. 1400N, East 7 Mi. to Rd. 3000N -or-Approximately 3 Mi. South of Sheldon, IL on Co. Rd. 3000E. Signs will be posted with brochures. Corners flagged.

Brief Legal: N1/2 NW1/4 Section 25, Sheldon Township, Iroquois Co., IL. T26N-R11W.

Access:Direct access to Co. Rd. 1400N on North, Co. Rd. 3000E on West, both good hard surface roads.

Soils: 102A La Hogue Loam, 0-2% slope, 49.87 Ac., 62.3%; 69A Milford Silty Clay Laom, 0-2% slope, 28.02 Ac., 35.0%; 235A Bryce Silty Clay, 0-2% slope, 2.10 Ac., 2.6%; ALL NHEL. Weighted Productivity Index: 123.5.

FSA Info: Corn Base Ac. 117.9, PLC yield 150; Soybean Base Ac. 117.9, PLC yield 46; Total Base Ac. 235.8. Please Note: This includes totals for entire farm. Map & 156 will be posted on www.sellafarm.com under Documents Tab, view anytime.

R.E. Estimated Taxes: Iroquois County Assessor Parcel Number 27-25-100-006. Total Tax of $4,924.14. Please Note: This estimated total tax includes the entire farm. If farm is sold separate, courthouse / county will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Tract 2 – 78.18+/- Acres, Near 100% Tillable, ALL NHEL, Productivity Index of 125.5

Latitude: 40.713238 Longitude: -87.549684

Location: Contiguous to Tract 1 to the North, Also Tract 3 to the South.

Brief Legal: S1/2 NW1/4 Section 25, Sheldon Township, Iroquois Co., IL. T26N-R11W.

Access:Direct access to Co. Rd. 3000E on West.

Windmill: Please Note: The land the windmill occupies is not included in the auction. Owners to retain all current & future income from the windmill.

Soils: 102A La Hogue Loam, 0-2% slope, 30.15 Ac., 37.7%; 69A Milford Silty Clay Laom, 0-2% slope, 29.56 Ac., 37.0%; 490A Odell Silt Loam, 0-2% slope, 18.69 Ac., 23.4%; 235A Bryce Silty Clay, 0-2% slope, 2.10 Ac., 2.6%; ALL NHEL. Weighted Productivity Index: 125.5.

FSA Info: Corn Base Ac. 117.9, PLC yield 150; Soybean Base Ac. 117.9, PLC yield 46; Total Base Ac. 235.8. Please Note: This includes totals for entire farm. Map & 156 will be posted on www.sellafarm.com under Documents Tab, view anytime.

R.E. Estimated Taxes: Iroquois County Assessor Parcel Number 27-25-100-006. Total Tax of $4,924.14. Please Note: This estimated total tax includes the entire farm. If farm is sold separate, courthouse / county will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Tract 3 – 80+/- Acres, 77.43+/- Tillable, ALL NHEL, Productivity Index of 126.2

Latitude: 40.707400 Longitude: -87.551564

Location: Contiguous to Tracts 1 & 2.

Brief Legal: S1/2 NW1/4 Section 25, Sheldon Township, Iroquois Co., IL. T26N-R11W.

Access:Direct access to Co. Rd. 3000E on West, Co. Rd. 1300N on South, both good hard surface roads.

Soils: 69A Milford Silty Clay Loam, 0-2% slope, 31.37 Ac., 38.7%; 490A Odell Silt Loam, 0-2% slope, 24.68 Ac., 30.5%; 102A La Hogue Loam, 0-2% slope, 13.84 Ac., 17.1%; 495B Corwin Loam, 2-5% slope, 10.37 Ac., 12.8%; 440B Jasper Loam, 2-5% slope, .73 Ac., .9%; ALL NHEL. Weighted Productivity Index: 126.2.

FSA Info: Corn Base Ac. 117.9, PLC yield 150; Soybean Base Ac. 117.9, PLC yield 46; Total Base Ac. 235.8. Please Note: This includes totals for entire farm. Map & 156 will be posted on www.sellafarm.com under Documents Tab, view anytime.

R.E. Estimated Taxes: Iroquois County Assessor Parcel Number 27-25-100-006. Total Tax of $4,924.14. Please Note: This estimated total tax includes the entire farm. If farm is sold separate, courthouse / county will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM, Buyer(s) thereafter.

 

Farm Rights: Current tenant to complete 2018 farm rights, buyer(s) thereafter. Current tenant to pay Fall Cash rent payment to Buyer(s) which is $75.00 per acre purchased.

Mineral Rights:Buyer to receive all interest in all oil, gas, hydrocarbons & any 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 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. 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.com for aerial photos, ground photos, drone tour & more!

 

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

 

Gray Trust – Seller

Joyce & Lynn Gray – Trustees

Farm Rights: Current tenant to complete 2018 farm rights, buyer(s) thereafter. Current tenant to pay Fall Cash rent payment to Buyer(s) which is $75.00 per acre purchased.

 

Mineral Rights:Buyer to receive all interest in all oil, gas, hydrocarbons & any 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 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. 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.

Auction Location: Sheldon Community Center, 140 South 4th Street, Sheldon, IL 60966

Latitude: 40.769517 Longitude: -87.563931

 

 

 

Land Location: Approximately 4 Mi. South of Watseka, IL on IL Route 1 to Co. Rd. 1400N, East 7 Mi. to Rd. 3000N -or-Approximately 3 Mi. South of Sheldon, IL on Co. Rd. 3000E. Signs will be posted with brochures. Corners flagged.

 

Latitude: 40.717060 Longitude: -87.550177

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