Kocher Trust - Seller Jasper Co., Illinois Farmland

Parrott Real Estate & Auction

 

Date(s) 2/20/2018 - 2/24/2018

Saturday February 24th, 2018, 9AM Central

Past Auction
Bidding Notice:

BEING SOLD SUBJECT TO OWNER CONFIRMATION.

Auction Information
Name Kocher Trust - Seller Jasper Co., Illinois Farmland
Auctioneer
Type Live Webcast Auction
Date(s) 2/20/2018 - 2/24/2018
Auction Date/Time Info
Saturday February 24th, 2018, 9AM Central
Preview Date/Time anytime
Checkout Date/Time SAME
Location
Buyer Premium Added to Hammer Price
Description
SELLAFARM YOUR TEAM ON THE GROUND Co. IL Land Auction 129.5+/- Ac., 93.5+/- Tillable, 12.70 CRP with Income of $2,193, Building Site Potential & Recreational Wooded Saturday February 24th, 2018, 9AM Central Auction Location: Ste. Marie, IL American Legion 105 S. Main Street, Ste. Marie, IL 62459 Latitude: 38.931881 Longitude: -88.023771 Land Location: Ste. Marie Township, Jasper Co., Illinois Tract 1 - 24+/- Acres, 23.75 Acres Tillable Latitude: 38.889388 Longitude: -88.035466 Location: Approx 2.5 Mi. South of Ste. Marie, IL on the Ste. Marie blacktop (1800th Street), land is located on East side of roadway. Signs will be posted. Corners flagged. Brief Legal: N1/2 SW1/4 NW1/4 Section 7, Ste. Marie Township, Jasper Co., IL. T5N-R11E. Access: Direct access to Ste. Marie Rd. (1800th St.). Soils: 2A Cisne Silt Loam, 0-2% slope, 19.72 Ac., 83.0%; 3A Hoyleton Silt Loam, 0-2% slope, 2.86 Ac., 12.0%; 912A Hoyleton-Darmstadt Silt Loams, 0-2% slope, .82 Ac., 3.5%; 13A Bluford Silt Loam, 0-2% slope, .24 Ac., 1.0%; 14B Ava Silt Loam, 2-5% slope, .11 Ac., .5%; NHEL. Weighted Productivity Index: 108.5. FSA Info: Corn Base Ac. 37.68, PLC yield 128; Soybean Base Ac. 36.51, PLC yield 41; Total Base Ac. 74.19. Please Note: This includes totals for Tracts 1, 2, 3 & 4. R.E. Estimated Taxes: Tracts 1-4 contain Jasper County Parcel No. 75-19-07-100-004, 75-19-07-100-006, 75-19-07-300-001, 75-19-07-300-006, Total of $607.60. If sold separate, courthouse will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM. Tract 2 - 24.5+/- Acres, 23.75 Tillable (Bins To be Removed) Latitude: 38.887559 Longitude: -88.035466 Location: Tracts 1 - 4 are contiguous. Signs will be posted. Corners flagged Brief Legal: S1/2 SW1/4 NW1/4 Section 7, Ste. Marie Township, Jasper Co., IL. T5N-R11E. Access: Direct access to Ste. Marie Rd. (1800th St.). Soils: 2A Cisne Silt Loam, 0-2% slope, 15.16 Ac., 62.9%; 14B Ava Silt Loam, 2-5% slope, 4.32 Ac., 17.9%; 14C2 Ava Silt Loam, 5-10% slope, 2.47 Ac., 10.2%; 13A Bluford Silt Loam, 0-2% slope, 2.15 Ac., 8.9%; NHEL. Weighted Productivity Index: 104.5. FSA Info: Corn Base Ac. 37.68, PLC yield 128; Soybean Base Ac. 36.51, PLC yield 41; Total Base Ac. 74.19. Please Note: This includes totals for Tracts 1, 2, 3 & 4. R.E. Estimated Taxes: Tracts 1-4 contain Jasper County Parcel No. 75-19-07-100-004, 75-19-07-100-006, 75-19-07-300-001, 75-19-07-300-006, Total of $607.60. If sold separate, courthouse will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM. Tract 3 - 31.5+/- Acres, 21.18 Tillable, 3.1 CRP, Remainder Quality Wooded / Recreational Latitude: 38.885789 Longitude: -88.035466 Location: Tracts 1 - 4 are contiguous. Signs will be posted. Corners flagged Brief Legal: N1/2 NW1/4 SW1/4 Section 7, Ste. Marie Township, Jasper Co., IL. T5N-R11E. Access: Direct access to Ste. Marie Rd. (1800th St.). Soils: 3288A Petrolia Silty Clay Loam, 0-2% slope, 12.26 Ac., 39.2%; 14C2 Ava Silt Loam, 5-10% slope, 7.34 Ac., 23.5%; 3071A Darwin Silty Clay, 0-2% slope, 5.12 Ac., 16.4%; 14B Ava Silt Loam, 2-5% slope, 4.25 Ac., 13.6%; 13A Bluford Silt Loam, 0-2% slope, 2.15 Ac., 6.9%; 7C2 Atlas Silt Loam, 5-10% slope, .18 Ac., .6%; 7.41 NHEL. 13.77HEL. Weighted Productivity Index: 105.9. FSA Info: Corn Base Ac. 37.68, PLC yield 128; Soybean Base Ac. 36.51, PLC yield 41; Total Base Ac. 74.19. Please Note: This includes totals for Tracts 1, 2, 3 & 4. R.E. Estimated Taxes: Tracts 1-4 contain Jasper County Parcel No. 75-19-07-100-004, 75-19-07-100-006, 75-19-07-300-001, 75-19-07-300-006, Total of $607.60. If sold separate, courthouse will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM. Tract 4 - 30+/- Acres, 5.57 Tillable, 9.6 CRP, Remainder Quality Wooded / Recreational Latitude: 38.883283 Longitude: -88.035466 Location: Tracts 1 - 4 are contiguous. Signs will be posted. Corners flagged Brief Legal: S1/2 NW1/4 SW1/4 & N Part SW1/4 SW1/4 Section 7, Ste. Marie Township, Jasper Co., IL. T5N-R11E. Access: Direct access to Ste. Marie Rd. (1800th St.). Soils: 3288A Petrolia Silty Clay Loam, 0-2% slope, 14.29 Ac., 49.3%; 14B Ava Silt Loam, 2-5% slope, 6.97 Ac., 24%; 7C2 Atlas Silt Loam, 5-10% slope, 6.84 Ac., 23.6%; 3071A Darwin Silty Caly, 0-2% slope, .89 Ac., 3.1%; Most HEL. Weighted Productivity Index: 104. FSA Info: Corn Base Ac. 37.68, PLC yield 128; Soybean Base Ac. 36.51, PLC yield 41; Total Base Ac. 74.19. Please Note: This includes totals for Tracts 1, 2, 3 & 4. R.E. Estimated Taxes: Tracts 1-4 contain Jasper County Parcel No. 75-19-07-100-004, 75-19-07-100-006, 75-19-07-300-001, 75-19-07-300-006, Total of $607.60. If sold separate, courthouse will divide. 2017 taxes, due & payable 2018 to be paid by SELLAFARM. Tract 5 - 19.5+/- Acres, 19.39 Acres Tillable Latitude: 38.892377 Longitude: -87.999975 Location: Approx 2 Mi. South of Ste. Marie, IL on the Ste. Marie blacktop (1800th Street) to Rd. 300th Ave, East approximately 2 miles to land location. Signs will be posted. Corners flagged. Brief Legal: N1/2 NE1/4 NW1/4 Section 8, Ste. Marie Township, Jasper Co., IL. T5N-R14W. Access: Direct access to 300th Ave. Soils: 7333A Wakeland Silt Loam, 0-2% slope, 18.13 Ac., 93.5%; 7304A Landes Fine Sandy Loam, 0-2% slope, 1.26 Ac., 6.5%; All NHEL. Weighted Productivity Index: 126.2. FSA Info: Corn Base Ac. 10.35, PLC yield 128; Soybean Base Ac. 9.04, PLC yield 41; Total Base Ac. 19.39. R.E. Estimated Taxes: Jasper County Parcel No. 75-20-08-100-0016, $305.82. 2017 taxes, due & payable 2018 to be paid by SELLAFARM. CRP Info: CRP Contract: $172.68 Rental Rate Per Acre. $2,193 Annual Contract Payment. Contract End Date of 9/30/2026. Buyer to receive 2018 CRP Income. Please Note: Since CRP was just renewed and with unfortunate passing of owner, FSA would allow withdrawal from CRP if buyer(s) choose to do so without penalty or cost. 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 income. Currently Shares. 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. Possession of Wooded & CRP, date of closing. Survey: Any and all 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.com for 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. Joseph & Georgiann Kocher Trust - Seller Kevin Kocher & Jeanne Schuch - Trustees
Farm Rights: Current tenant to complete 2018 farm rights, buyer(s) thereafter. Buyer(s) to receive sellers portion of 2018 income. Currently Shares. 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. Possession of Wooded & CRP, date of closing. Survey: Any and all 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Added to Hammer Price
Payment 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.
NO SHIPPING OFFERED. REAL ESTATE ONLY.
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