FARM LAND AUCTION Novotney Farms - Richard A, Olson
FARM LAND AUCTION 242 ACRES - 3 TRACTS - LASALLE COUNTY
Tonica 3 mi
Tonica 3 mi
Streator 1.5 mi
Streator 10 mi
Streator 10 mi
Tract 1
Tract 2
Tract 3
83.6 Acres
78.8 Acres
80.0 Acres
Bruce Twp
Vermillion Twp
Vermillion Twp
LaSalle County
LaSalle County
LaSalle County
33-10-201-000
26-32-401-000
26-32-401-000
Auction Conducted By: Richard A. Olson & Associates, Inc.
Novotney Farms Thursday, Dec 8th, 2016 - 10:00 am Seller’s Attorney: John W. Hynds Hynds, Yohnka, Bzdill & McInerney, LLC 105 W. Main Street, P.O. Box 685 Morris, IL 60450 815-942-0049
Knights of Columbus 806 Oakley Ave Streator, IL 61364
www.richardaolson.com
Tract 1
Part of NE 1/4 of SEC 10 - Bruce Township - LaSalle County PIN# 33-10-201-000
Soil Descriptions
Flanagan-Catlin - 46.8 Acres (Corn 191, Soybeans 61)
Elpaso - 12.3 Acres (Corn 195, Soybeans 63)
Drummer - 8.5 Acres (Corn 195, Soybeans 63)
Flanagan - 5.9 Acres (Corn 194, Soybeans 63)
Sabina - 4.9 Acres (Corn 168, Soybeans 52
Elburn - 3.2 Acres (Corn 197, Soybeans 61)
Overall Corn 190.9, Soybeans 61.0, Wheat 72.9
Overall Crop Productivity Index = 141.2
Tract 1
Streator 1.5 miles
TRACT 1 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Buyer will receive a credit at closing for 2016 taxes due in 2017. Possession will be at closing on or before December 30, 2016.
www.
richardaolson.com
Class “A” Soils PIN# 33-10-201-000 2015 Taxes = $3,626.82 ($43.37/acre) All Tillable Closing by December 30, 2016 Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Info
Tract 2
N 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle County Part of PIN# 26-32-401-000 (subject to final survey)
Tract 3
Soil Descriptions
Rutland - 46.67 Acres (Corn 178, Soybeans 57)
Streator - 19.58 Acres (Corn 177, Soybeans 58)
Wenona - 10.15 Acres (Corn 161, Soybeans 52)
Muscatune-Buckhart - 2.40 Acres (Corn 193,
Tonica 3 miles
Soybeans 62)
Overall Corn 176, Soybeans 56.8, Wheat 69
Overall Crop Productivity Index = 130.6
Tract 2
Tract 3
Streator 10 miles
TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.
www.
richardaolson.com
To be sold as CHOICE with [adjacent] Tract 3 Closing in Jan-2017 or option for Jan-2018 PIN# 26-32-401-000 (subject to final survey) 2015 Taxes = Estimated $1,828.16 ($23.20/acre) Includes 3 Grain Bins Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Map
Tract 2
S 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle County Part of PIN# 26-32-401-000 (subject to final survey)
Tract 3
Soil Descriptions Tonica 3 miles
Rutland - 37.79 Acres (Corn 178, Soybeans 57)
Streator - 35.93 Acres (Corn 177, Soybeans 58)
Muscatune-Buckhart - 6.28 Acres (Corn 193, Soybeans 62)
Overall Corn 178.7, Soybeans 57.9, Wheat 70
Overall Crop Productivity Index = 132.6
Tract 2
Tract 3
Streator 10 miles
TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.
www.
richardaolson.com
To be sold as CHOICE with [adjacent] Tract 2 Closing in Jan-2017 or option for Jan-2018 PIN# 26-32-401-000 (subject to final survey) 2015 Taxes = Estimated $1,856.00 ($23.20/acre) All Tillable Acres Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Map
DISCLOSURE: All info contained in this br ochur e and all r elated mater ials ar e subject to the ter ms and conditions outlined in the Agr eement To Pur chase. Announcements made by the Auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Auction agency. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction agency. Plat Book Images provided by Rockford Map; Aerial & Soil Maps provided by AgriData, Inc.
Tonica 3 mi
Tonica 3 mi
Streator 1.5 mi
Streator 10 mi
Streator 10 mi
Tract 1
Tract 2
Tract 3
83.6 Acres
78.8 Acres
80.0 Acres
Bruce Twp
Vermillion Twp
Vermillion Twp
LaSalle County
LaSalle County
LaSalle County
33-10-201-000
26-32-401-000
26-32-401-000
Auction Conducted By: Richard A. Olson & Associates, Inc.
Novotney Farms Thursday, Dec 8th, 2016 - 10:00 am Seller’s Attorney: John W. Hynds Hynds, Yohnka, Bzdill & McInerney, LLC 105 W. Main Street, P.O. Box 685 Morris, IL 60450 815-942-0049
Knights of Columbus 806 Oakley Ave Streator, IL 61364
www.richardaolson.com
Tract 1
Part of NE 1/4 of SEC 10 - Bruce Township - LaSalle County PIN# 33-10-201-000
Soil Descriptions
Flanagan-Catlin - 46.8 Acres (Corn 191, Soybeans 61)
Elpaso - 12.3 Acres (Corn 195, Soybeans 63)
Drummer - 8.5 Acres (Corn 195, Soybeans 63)
Flanagan - 5.9 Acres (Corn 194, Soybeans 63)
Sabina - 4.9 Acres (Corn 168, Soybeans 52
Elburn - 3.2 Acres (Corn 197, Soybeans 61)
Overall Corn 190.9, Soybeans 61.0, Wheat 72.9
Overall Crop Productivity Index = 141.2
Tract 1
Streator 1.5 miles
TRACT 1 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Buyer will receive a credit at closing for 2016 taxes due in 2017. Possession will be at closing on or before December 30, 2016.
www.
richardaolson.com
Class “A” Soils PIN# 33-10-201-000 2015 Taxes = $3,626.82 ($43.37/acre) All Tillable Closing by December 30, 2016 Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Info
Tract 2
N 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle County Part of PIN# 26-32-401-000 (subject to final survey)
Tract 3
Soil Descriptions
Rutland - 46.67 Acres (Corn 178, Soybeans 57)
Streator - 19.58 Acres (Corn 177, Soybeans 58)
Wenona - 10.15 Acres (Corn 161, Soybeans 52)
Muscatune-Buckhart - 2.40 Acres (Corn 193,
Tonica 3 miles
Soybeans 62)
Overall Corn 176, Soybeans 56.8, Wheat 69
Overall Crop Productivity Index = 130.6
Tract 2
Tract 3
Streator 10 miles
TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.
www.
richardaolson.com
To be sold as CHOICE with [adjacent] Tract 3 Closing in Jan-2017 or option for Jan-2018 PIN# 26-32-401-000 (subject to final survey) 2015 Taxes = Estimated $1,828.16 ($23.20/acre) Includes 3 Grain Bins Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Map
Tract 2
S 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle County Part of PIN# 26-32-401-000 (subject to final survey)
Tract 3
Soil Descriptions Tonica 3 miles
Rutland - 37.79 Acres (Corn 178, Soybeans 57)
Streator - 35.93 Acres (Corn 177, Soybeans 58)
Muscatune-Buckhart - 6.28 Acres (Corn 193, Soybeans 62)
Overall Corn 178.7, Soybeans 57.9, Wheat 70
Overall Crop Productivity Index = 132.6
Tract 2
Tract 3
Streator 10 miles
TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.
www.
richardaolson.com
To be sold as CHOICE with [adjacent] Tract 2 Closing in Jan-2017 or option for Jan-2018 PIN# 26-32-401-000 (subject to final survey) 2015 Taxes = Estimated $1,856.00 ($23.20/acre) All Tillable Acres Visit website for the following downloadable information: Flyer - Aerial Maps - Soil Maps Topography Maps - FSA Info Tax Map
DISCLOSURE: All info contained in this br ochur e and all r elated mater ials ar e subject to the ter ms and conditions outlined in the Agr eement To Pur chase. Announcements made by the Auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Auction agency. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction agency. Plat Book Images provided by Rockford Map; Aerial & Soil Maps provided by AgriData, Inc.
