Wednesday, November 15, 2023 - 10:00 AM Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
LOCATION
LaSalle County, Illinois
Tract 1 located 3 miles northwest of Ottawa, IL and is further described as being located in Section 27, T34N-R3E, Wallace Township. Tract 2 is located 3 miles north of LaSalle, IL or 12 miles northwest of Ottawa, IL and is further described as being located in Section 7, T34N-R2E, Waltham Township. Tract 3 is located 4 miles northeast of Norway, IL or 15 miles northeast of Ottawa, IL and is further described as being located in Section 24, T35N-R5E, Mission Township, LaSalle County, Illinois. Ottawa, IL is located 15 miles east of Peru, IL.
SELLER
Blackwell Trust
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
310.06 Total Acres 3 Tracts
The real e...
The real estate contains 310.06 total acres and will be sold in 3 tracts. Farmers and investors dont miss this opportunity!
TRACT INFORMATION
Tract 1 72.66 surveyed acres
FSA figures indicate 69.82 NHEL cropland acres
Productivity Index (PI): 143.2 (Class A)
Soil types include Drummer, Flanagan, Elburn, Harpster, and Flanagan-Catlin
Improved with 2 grain bins
Larger bin has aeriation floor, fan, and natural gas dryer
Smaller bin has aeriation fan only
Access along the south side from N 31st Rd and along the west side from E 15th Rd
Tract 2 158.0 taxable acres
FSA figures indicate 154.09 NHEL cropland acres
Productivity Index (PI): 141.7 (Class A)
Soil types include Osco, Elpaso, Flanagan-Catlin, Catlin, Muscatune, and Sable
Improved with 2 machinery storage buildings and a large grass parking area
Access along the north side from N 3450th Rd and along the east side from E 7th Rd
Tract 3 79.4 taxable acres
FSA figures indicate 79.4 cropland acres
Includes 1.3 CRP acres, annual payment of $513.00, expires 9/30/2030
Productivity Index (PI): 121.7
Soil types include Varna, Andres, Graymont, Elpaso, and Symerton
Access along the south side from US Rt 52
METHOD & TERMS
The Blackwell farm will be sold on a price per acre basis, based on acres found in this advertisement. All 3 tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all 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 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 take place on or before December 15, 2023.
The seller will provide title insurance in the full amount of the purchase price. Seller will receive all the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing lease for the 2023 crop year.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, 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.
REAL ESTATE TAX INFORMATION
Tract 1
PIN 13-27-310-000 - 37.34A - $2793.82
Includes $93.35 drainage tax
PIN 13-27-305-000 - 35.59A - $2262.44
Includes $89.00 drainage tax
Tract 2
PIN 12-07-400-000 - 158.0A - $12,058.18
Tract 3
PIN 10-24-400-000 - 79.4A - $2229.50
SOIL TESTS RESULTS
Tract 1
pH - 6.9
P - 25#/A
K - 347#/A
Tract 2
pH - 6.4
P - 27#/A
K - 276#/A
TRACT 1 YIELD HISTORY
Year - Corn Beans
2022 - 218
2021 - 56
2020 - 205
2019 - 59
2018 - 241
2017 - 64
TRACT 2 YIELD HISTORY
Year - Corn Beans
2022 - 245 68
2021 - 202 68
2020 - 235 54
2019 - 201 51
2018 - 254 70
2017 - 240 70
TRACT 3 YIELD HISTORY
Year - Corn Beans
2022 - 173
2021 - 43
2020 - 152
2019 - 26
2018 - 187
2017 - 47
Blackwell Trust
Representing Attorney:
Marsh, Martin, Anderson, Vickers, Deobler & Temple Law Offices | Alan B. Marsh
511 East Etna Road, Ottawa, Illinois 61350 | (815) 434-2000
Auction Manager:
Kevin Haas (309) 264-7767
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationLaSalle County, Illinois
Tract 1 located 3 miles northwest of Ottawa, IL and is further described as being located in Section 27, T34N-R3E, Wallace Township. Tract 2 is located 3 miles north of LaSalle, IL or 12 miles northwest of Ottawa, IL and is further described as being located in Section 7, T34N-R2E, Waltham Township. Tract 3 is located 4 miles northeast of Norway, IL or 15 miles northeast of Ottawa, IL and is further described as being located in Section 24, T35N-R5E, Mission Township, LaSalle County, Illinois. Ottawa, IL is located 15 miles east of Peru, IL.