LaSalle County, IL Land Auction - Sexton

Survey

FSA Information

Real Estate Tax Information

Tracts 1 & 4

PIN 29-02-401-000

77.0 acres

$1895.14

Tract 2

PIN 29-01-303-000

45.0 acres

$306.04

Tract 3

PIN 29-01-305-000

55.07 acres

$521.14

Location & General Information

The Janet Sexton real estate is located approximately 2 miles south of Seneca, IL, or 15 miles southeast of Ottawa, IL, or 15 miles southwest of Morris, IL. The property is further described as being located in Sections 1 & 2, T32N-R5E, Brookfield Township, LaSalle County, IL.

The land contains a total of 177 acres (subject to survey) and will be sold in 4-tracts all of which offer productive tillable land, some wooded areas and home building sites.

Tract Information

Tract 1 - 42.45 Surveyed Acres

FSA maps indicate 39.83 cropland acres
Productivity Index: 111.4 (tillable acres)
Soil types include Swygert, Frankfort and Bryce
The well located on this tract is subject to the rights of the neighbor to the use of the well
Buyer will reimburse the seller $3404.58 at closing for fertilizer applied in the fall of 2021
State Route 170 borders along the east side and N 2350th Road along the north side

Tract 2 - 46.64 Surveyed Acres

FSA maps indicate 36.92 cropland acres
Includes .80 CRP acres with an annual payment of $218 which expires 9/30/2025
Productivity Index: 93.4 (tillable acres)
Soil types include Frankfort, Swygert and Chatsworth
Balance of the acres is wooded which offers excellent outdoors recreational opportunities with abundant wildlife
Buyer will reimburse the seller $3079.75 at closing for fertilizer applied in the fall of 2021
State Route 170 borders along the west side and N 2350th Road along the north side

Tract 3 - 55.07 Surveyed Acres

FSA maps indicate 48.9 cropland acres
Productivity Index: 105.5 (tillable acres)
Soil types include Swygert, Bryce and Nappanee
Balance of the acres is wooded and grass waterways
Buyer will reimburse the seller $3966.16 at closing for fertilizer applied in the fall of 2021
Road N 2350th borders along the north side

Tract 4 - 37.75 Surveyed Acres

FSA maps indicate 21.34 NHEL cropland acres
Productivity Index: 96.3 (tillable acres)
Soil types include Nappanee, Bryce and Frankfort
Balance of the acres is wooded which offers excellent outdoors recreational opportunities with abundant wildlife
Includes an older home in need of major repair
Buyer will reimburse the seller $1824.09 at closing for fertilizer applied in the fall of 2021
State Route 170 borders along the east side and N 2350th Road along the south side

Method and Terms

All 4 tracts have been surveyed and will be sold by the acre based on the surveyed acres. The tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all of the tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 4-tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will be on or before February 28, 2022. Possession will be given at the time of closing and all tracts sell free and clear of tenancy for 2022.

The 2021 real estate taxes, due and payable in 2022, will be paid by the sellers, and the buyers will be responsible for the 2022 and all subsequent real estate taxes. Title insurance in the full amount of the purchase price will be provided by the seller.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal or inspection.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.