WISWALL

Parrott Real Estate & Auction

 

Date(s) 5/23/2017

Thursday May 25th, 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 WISWALL
Auctioneer
Type Live Webcast Auction
Date(s) 5/23/2017
Auction Date/Time Info
Thursday May 25th, 5PM Central
Checkout Date/Time Approx. Thursday May 25th, 6PM Central
Location
Buyer Premium 6% Buyer's Premium
Description
SELLAFARM YOUR TEAM ON THE GROUND Lawrence Co. IL Land Auction 158+/- All Contiguous Ac., 154+/- Tillable Field Tile in Place! 130+ Productivity Index Thursday May 25th, 2017, 5PM Central Auction Location: Lanterman Park Pavilion 401 Lanterman Drive, Bridgeport, IL Latitude: 38.702800 Longitude: -87.762139 Land Location: Petty Township, Lawrence Co., Illinois Tract 1 – 53+/- Acres, 53+/- Acres Tillable Latitude: 38.791687 Longitude: -87.790212 Location:From UR RT. 50: 6 Mi. West of Lawrenceville, IL on US RT. 50 to Rd. 620E, North 100 yards to Frontage Rd., West .25 Mi. to Rd. 600E (Applegate Rd.), North 4 Mi. to Rd. 1500N, East .25 Mi. to property; From IL RT. 1: 6 Mi. West of IL RT. 1 on Rd. 1800N (Birds / Chauncey Blacktop) to Rd. 600N (Applegate Rd.), South 3 Mi. to Rd. 1500N, East .25 Mi. to property; From Sumner / Chauncey Blacktop: 10 Mi. West of Lawrenceville, IL -or- 12 Mi. East of Olney, IL on US RT. 50 to Rd. 220E (Chauncey Blacktop), North 4 Mi. to Rd. 1500N (Petty School / Island Church), follow approximately 4.75 Mi. to property. Signs will be posted all directions. Brief Legal: SE1/4 SW1/4 Section 7, Petty South Township, Lawrence Co., IL. T4N-R12W. Access:Direct access to Rd. 1500N. Soils: 142 Patton Silty Clay Loam, 53.15 Ac., 100%. Weighted Productivity Index: 132. R.E. Estimated Taxes: Approximately 53 acres of 133+/- acres of Lawrence Co. Parcel ID# 08-000-061-00, $1,558.66. Please Note: house has been removed from property however it is shown on tax records. 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. 119.50, PLC yield 96; Wheat Base Ac. 18.60, PLC yield 38; Soybean Base Ac. 12.60, PLC yield 30; Total Base Ac. 150.70. Tract 2 – 24+/- Acres, 24+/- Acres Tillable Latitude: 38.795233 Longitude: -87.790169 Location: Same. Tracts 1 – 4 are contiguous. Brief Legal: NE1/4 SW1/4 Section 7, Petty South Township, Lawrence Co., IL. T4N-R12W. Access:Access to Rd. 1500N via existing lane. Soils: 142 Patton Silty Clay Loam, 24 Ac., 100%. Weighted Productivity Index: 132. R.E. Estimated Taxes: Approximately 24 acres of 133+/- acres of Lawrence Co. Parcel ID# 08-000-061-00, $1,558.66. Please Note: house has been removed from property however it is shown on tax records. 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. 119.50, PLC yield 96; Wheat Base Ac. 18.60, PLC yield 38; Soybean Base Ac. 12.60, PLC yield 30; Total Base Ac. 150.70. Tract 3 – 36+/- Acres, 36+/- Acres Tillable Latitude: 38.795467 Longitude: -87.785491 Location: Same. Tracts 1 – 4 are contiguous. Brief Legal: NW1/4 SE1/4 Section 7, Petty South Township, Lawrence Co., IL. T4N-R12W. Access:Access to Rd. 1500N via existing lane. Soils: 142 Patton Silty Clay Loam, 31.86 Ac., 88.5%; 132A Starks Silt Loam, 0-2% slope, 4.12 Ac., 11.5%; Weighted Productivity Index: 130.5. R.E. Estimated Taxes: Lawrence Co. Parcel ID# 08-000-057-00, $19.88, also Parcel ID# 08-000-058-00, $31.30, also approximately 16 acres of 133+/- acres of Lawrence Co. Parcel ID# 08-000-061-00, $1,558.66. Please Note: house has been removed from property however it is shown on tax records. 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. 119.50, PLC yield 96; Wheat Base Ac. 18.60, PLC yield 38; Soybean Base Ac. 12.60, PLC yield 30; Total Base Ac. 150.70. Tract 4 – 44+/- Acres, 42+/- Acres Tillable Latitude: 38.791620 Longitude: -87.785062 Location: Same. Tracts 1 – 4 are contiguous. Brief Legal: SW1/4 SE1/4 Section 7, Petty South Township, Lawrence Co., IL. T4N-R12W. Access:Direct access to Rd. 1500N. Soils: 142 Patton Silty Clay Loam, 39.07 Ac., 87%; 176 Marissa Silt Loam, 4.47 Ac., 10%; 132A Starks Silt Loam, 0-2% slope, 1.36 Ac., 3.0%; Weighted Productivity Index: 130.7. R.E. Estimated Taxes: Approximately 44 acres of 133+/- acres of Lawrence Co. Parcel ID# 08-000-061-00, $1,558.66. Please Note: house has been removed from property however it is shown on tax records. 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. 119.50, PLC yield 96; Wheat Base Ac. 18.60, PLC yield 38; Soybean Base Ac. 12.60, PLC yield 30; Total Base Ac. 150.70. Farm Rights: Current tenant to have 2017 farm rights. Buyer to receive seller’s portion of 2017 income. Currently 50/50 with Owner paying half seed cost & half fertilizer cost. Buyer(s) will be responsible for such costs as they will be receiving 2017 income. Mineral Rights: Seller to retain all interest in all oil, gas & other minerals owned by sellers, if any. Possession:Possession date of closing, subject to the rights of the existing farm tenants for the 2017 crop year -or- December 1st, 2017, whichever is first. Survey: Any survey cost to be paid by buyer. Any acreage difference greater than half (½) acre 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. Busy in The Field? Call or click in advance to register to bid online or by phone, call Auctioneers Gregg Parrott mobile 618-843-4905or Zane Parrott 812-890-5452 Log onto www.sellafarm.com or www.parrottauctions.com for aerials, drone tour, ground photos, plats & more! For private tour of the land on 6 Seater Polaris Side by Side or more information, please call Call Auctioneers Gregg Parrott mobile 618-843-4905 or Zane Parrott mobile 812-890-5452. Helen Wiswall Irrevocable Trust – Seller
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.