Property in Jonesville, Parhams, & Monterrey, LA
3 prime farmland tracts and an acreage lot tract to be at public auction on Thursday December 13, 2018 at 10AM CST. Sale site will be at HWY 126 & Taunton Loop Rd, Jonesville, LA at the farm shop.
Tracts to be sold are as follows:
Tract 1:196.82+/- acres ag land on HWY 126 and Taunton Loop with shops and home. Land Description: Non-irrigated, Bursley & Catahoula silt loam soils, highway frontage on 126 & Taunton Loop. Crops grown include corn, cotton, and soybeans. Power and city water.
Tract 2:52.45+/- acres at 1674 Parhams Rd, Monterrey, LA. Land Description: Non-irrigated, Dundee silt loam, Tensas alligator soils, road frontage on Parhams Rd. Crops grown include cotton, corn, and soybeans.
Tract 3:20.12+/- acres located at 152 Conner Rd, Monterrey, LA. Non-irrigated, alligator and Dundee soils.
Tract 4:4.88+/- acres on Conner Rd, Monterrey, LA. Land only. Attached structures do not sell.
Additional Information:There is an existing farm lease on the lots 1, 2, 3 tracts for the 2019 farm crop year. The lease will expire on December 29, 2019. Lease rates are set as follows:
Cotton 20% share to land owner
Soybeans 25% share to land owner
Rent is due and payable when the 2019 crop is sold on or before lease expiration by December 29, 2019 to the new land owner.
Sellers will convey 50% minerals.
Buyer will pay all abstract and closing cost to convey the property.
Buyer will be responsible for any survey required by buyer.
Taxes will be pro-rated.
Sellers to vacate the property and remove all pertinent agricultural equipment by lease expiration on December 29, 2019.
Sellers guarantee clear and merchantable title to the property.
Soil maps, topo maps, FSA maps, and yield history maps on each tract are available if you click on the documents tab.
For more information or to schedule a showing contact Chris Lemoine or Barbara Bonnette at 318-443-6614.
Directions to Sale: Take HWY 124N of Jonesville, turn left on HWY 126, go approximately 1 miles to farm shop on right.
