NICODEMUS FAMILY TRUST - SELLER

Parrott Real Estate & Auction

 

Date(s) 5/24/2017

THURSDAY JUNE 15TH, 2017 5PM CENTRAL

Past Auction
Bidding Notice:

Bidding activity will take place online and live at auction site. Being sold subject to owner approval. Parrott Auctions reserves the right to reject any bid at our sole discretion. Floor bids take precedence over online bids in the event of a tie or equal bid. For online bidding, must register and be approved minimum 24 hours prior. Phone bidding also available. Phone bidders must be ... Show More

Auction Information
Name NICODEMUS FAMILY TRUST - SELLER
Auctioneer
Type Live Webcast Auction
Date(s) 5/24/2017
Auction Date/Time Info
THURSDAY JUNE 15TH, 2017 5PM CENTRAL
Preview Date/Time CALL FOR SHOWING USING 6 PASSENGER SIDE BY SIDE
Checkout Date/Time THURSDAY JUNE 15TH, 2017, 6PM CENTRAL
Location
Buyer Premium 6% Buyer's Premium
Description
SELLAFARM YOUR TEAM ON THE GROUND Lawrence Co. IL Land Auction 294+/- Ac., 245+/- Tillable 31+/- Wooded, Timber Value Possible Building Sites Thursday June 15th, 2017, 5PM Central Auction Location: Lanterman Park Pavilion 401 Lanterman Drive, Bridgeport, IL Latitude: 38.702800 Longitude: -87.762139 Land Location: Bridgeport & Lukin Townships, Lawrence Co., Illinois Tract 1 – 61+/- Acres, 57.60+/- Acres Tillable Latitude: 38.653642 Longitude: -87.776522 Location: US. RT. 50 to Rd. 800E (Bridgeport Rd), South 4 Mi. to Rd. 700N (Billet Lane), West 1 Mi. to Rd. 700E & Rd.700N, South 1 Mi. to property -or- 3 Mi. South of Lawrenceville, IL on IL. RT. 1 to Rd. 700N (Billet Lane), West 4.5 mi. to Property -or- 4 Mi. North of Mt. Carmel on IL. RT. 1 to Rd. 1200E, North 12.75 Mi. to Rd. 700N, West 1 Mi. to Rd. 700E, South 1 Mi. Brief Legal: West 60 Acres of W1/2 NE1/4 Section 32, Lukin Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 600N on North, farm lane full length on West. Soils: 13B Bluford Silt Loam, 2-5% slope, 20.88 Ac., 34.1%; 5C2 Blair Silt Loam, 5-10% slope, 12.68 Ac., 20.7%; 2 Cise Silt Loam, 0-2% slope, 10.72 Ac., 17.5%; 13A Bluford Silt Loam, 0-2% slope, 8.72 Ac., 14.2%; 14C2 Ava Silt Loam, 5-10% slope, 7.67 Ac., 12.5%; 14C3 Ava Silty Loam, 4-7% slope, .55 Ac., .9%; Weighted Productivity Index: 99, HEL R.E. Estimated Taxes: Lawrence Co. Index #07-000-249-00, $205.34. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. FSA Info: Corn Base Ac. 30.60, PLC yield 101; Soybean Base Ac. 27.500, PLC yield 36; Wheat Base Ac. 8.80, PLC yield 55; Total Base Ac. 66.90. Tract 2 – 72+/- Acres, 71.5+/- Acres Tillable Latitude: 38.661349 Longitude: -87.776135 Location: Same as Tracts 2 through 7. Brief Legal: Land in SW1/4 SW1/4, also NW1/4 SW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 600N on South, also Direct access to Rd. 700E on West. Soils: 14C3 Ava Silty Loam, 4-7% slope, 22.21 Ac., 30.4%; 14B Ava Silt Loam, 2-5% slope, 21.61 Ac., 29.6%; 2 Cise Silt Loam, 0-2% slope, 11.32 Ac., 15.5%; 13B Bluford Silt Loam, 2-5% slope, 10.29 Ac., 14.1%; 14D3 Ava Silty Clay Loam, 7-10% slope, 4.96 Ac., 6.8%; 14C2 Ava Silt Loam, 5-10% slope, 2.58 Ac., 3.5%; Weighted Productivity Index: 91.1, HEL. R.E. Estimated Taxes: Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate. FSA Info: Corn Base Ac. 98.50, PLC yield 101; Soybean Base Ac. 91, PLC yield 36; Wheat Base Ac. 28.40, PLC yield 55; Total Base Ac. 217.90. Please Note: This contains information for Tracts 2, 3 & 5. Tract 3 – 66+/- Acres, 58.50+/- Acres Tillable Latitude: 38.662189 Longitude: -87.772805 Location: Same as Tracts 2 through 7. Brief Legal: Land in W1/2 E1/2 SW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 600N on South. Soils: 13B Bluford Silt Loam, 2-5% slope, 27.62 Ac., 41.8%; 14B Ava Silt Loam, 2-5% slope, 12.34 Ac., 18.7%; 14C2 Ava Silt Loam, 5-10% slope, 10.44 Ac., 15.8%; 14C3 Ava Silty Loam, 4-7% slope, 5.82 Ac., 8.8%; 14D3 Ava Silty Clay Loam, 7-10% slope, 5.18 Ac., 7.8%; 5C2 Blair Silt Loam, 5-10% slope, 4.11 Ac., 6.2%; 13A Bluford Silt Loam, 0-2% slope, .61 Ac., .9%; Weighted Productivity Index: 93.5, HEL, Appears a few more acres may be cleared to till. R.E. Estimated Taxes:Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate. FSA Info: Corn Base Ac. 98.50, PLC yield 101; Soybean Base Ac. 91, PLC yield 36; Wheat Base Ac. 28.40, PLC yield 55; Total Base Ac. 217.90. Please Note: This contains information for Tracts 2, 3 & 5. Tract 4 – 9+/- Acres, Excellent All Wooded Property containing Timber Value, Camping or Building Sites Latitude: 38.660362 Longitude: -87.772183 Location: Same as Tracts 2 through 7. Brief Legal: Part of the W1/2 of SE1/4 SW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 600N to South via 22 foot wide owned access lane (not easement). Soils: 14D3 Ava Silty Clay Loam, 7-10% slope, 5.42 Ac., 58.9%; 13B Bluford Silt Loam, 2-5% slope, 2.29 Ac., 24.9%; 14B Ava Silt Loam, 2-5% slope, 1.28 Ac., 13.9%; 14C2 Ava Silt Loam, 5-10% slope, .21 Ac., 2.3%; Weighted Productivity Index: 84.3. R.E. Estimated Taxes:Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate. Tract 5 – 64+/- Acres, 58.75+/- Acres Tillable Latitude: 38.668438 Longitude: -87.775638 Location: Same as Tracts 2 through 7. Brief Legal: Land in SW1/4 NW1/4, also NW1/4 NW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 700N on North, also direct access to Rd. 700E on West. Soils: 13B Bluford Silt Loam, 2-5% slope, 28.21 Ac., 43.8%; 13A Bluford Silt Loam, 0-2% slope, 25.36 Ac., 39.3%; 12 Wynoose Silt Loam, 0-2% slope, 6.48 Ac., 10.1%; 5C2 Blair Silt Loam, 5-10% slope, 3.49 Ac., 5.4%; 14D3 Ava Silty Clay Loam, 7-10% slope, .91 Ac., 1.4%; Weighted Productivity Index: 99.4, South 26.33 NHEL, other 32.44 tillable HEL. R.E. Estimated Taxes:Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate. FSA Info: Corn Base Ac. 98.50, PLC yield 101; Soybean Base Ac. 91, PLC yield 36; Wheat Base Ac. 28.40, PLC yield 55; Total Base Ac. 217.90. Please Note: This contains information for Tracts 2, 3 & 5. Tract 6 – 11+/- Acres, Excellent All Wooded Property containing Timber Value, Camping or Building Sites Latitude: 38.666026 Longitude: -87.774715 Location: Same as Tracts 2 through 7. Brief Legal: Part of the SW1/4 NW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 700E to West via 22 foot wide owned access lane (not easement). Soils: 13B Bluford Silt Loam, 2-5% slope, 11.04 Ac., 95%; 14C2 Ava Silt Loam, 5-10% slope, .32 Ac., 2.8%; 14D3 Ava Silty Clay Loam, 7-10% slope, .26 Ac., 2.2%; Weighted Productivity Index: 99.1. R.E. Estimated Taxes:Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 2016 taxes, due & payable 2017 to be paid by SELLAFARM. If sold separate, assessor will assign new parcel number & tax rate. Tract 7 – 11+/- Acres, Excellent All Wooded Property containing Timber Value, Camping or Building Sites Latitude: 38.671169 Longitude: -87.772462 Location: Same as Tracts 2 through 7. Brief Legal: Part of the NE1/4 NW1/4 Section 29, Bridgeport Township, Lawrence Co., IL. T3N-R12W. Access:Direct access to Rd. 700N. Soils: 13B Bluford Silt Loam, 2-5% slope, 9.41 Ac., 79.9%; 14C2 Ava Silt Loam, 5-10% slope, 1.77 Ac., 15%; 14D3 Ava Silty Clay Loam, 7-10% slope, .60 Ac., 5.1%; Weighted Productivity Index: 99.2. R.E. Estimated Taxes:Part of Lawrence Co. Index #03-000-318-00, total Parcel tax of $495.46. 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. Buyer to receive seller’s portion of 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 wooded, 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. Log onto www.sellafarm.com or www.parrottauctions.comfor aerials, drone tour, photos & plats. For private tour of the land on 6 Seater Polaris Side by Side or more information, please call Call Auctioneer Gregg Parrott mobile 618-843-4905 or Zane Parrott mobile 812-890-5452. Nicodemus Family Trust – Seller Andrew & James Nicodemus – Co-Trustees
Terms:10% down to be received within one business day of sale, non-refundable escrow via wire transfer ONLY, with buyer responsible for all wire transfer fees. 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. Parrott Auctions reserves the right to reject any bid at our sole discretion. Floor bids take precedence over online bids in the event of a tie or equal bid. NOTE: All bids must be for ENTIRE Acreage per tracts included in corresponding lot, do not bid a per acre amount For online bidding, must register and be approved minimum 48 hours prior. Phone bidding also available. Phone bidders must be registered and approved minimum 24 hours prior, with financial arrangements in place.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 1,000.00 USD
Currency USD
Buyer Premium 6% Buyer's Premium
Payment Terms
6% Buyer's Premium. 10% down day of sale, non-refundable escrow must be provided by end of next business day via wire transfer ONLY. Buyer responsible for all wire transfer fees.
This auction is for land only, no personal property is included.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.