Sold

Nearly All Tillable Farm With Income in Ford Co IL

Acreage

69.23 ±

County

Ford

SOLD

Address Auction Location: American Legion 203 N Sangamon Ave Gibson City, IL 60936

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Description

https://goo.gl/maps/7LK8sbEjzq...

For the first time in over 60 years, the Yentes Family Farm, located SW of Sibley, Illinois will be offered to the public thru a live and online auction. The farm is made up of roughly 62.4+/- tillable acres with an average Soil PI of 134.2. There are some tile improvements on the farm. There are also 3 CRP contracts, the first is a CP21 planting of 4.4 acres paying $998 annually through 2022. The second, a CP33, 1.5 acres paying $342 through 2023. The last planting is CP43, .59 acres paying $120 through 2030. The majority of the farm’s soil types are Milford silty clay loam, Brenton silt loam, and Drummer silty clay loam.

Details:

Deeded Acres: 69.23

FSA Farmland Acres: 67.2FSA acres

CRP Acres: 6.49 acres enrolled in CRP

DCP Cropland Acres: 60.72 Eff DCP acres

Soil Types: Milford silty clay loam, Brenton silt loam, Drummer silty clay loam, Harpster silty clay loam, Martinton silt loam, Ashkum silty clay loam

Soil PI/NCCPI/CSR2: 134.2

Base acres and Yield: Corn Base 29.2 acres/PLC yield 135, Soybean Base 29.2 acres/PLC yield 45

Taxes: $2,774.88

Lease Status: Open Tenancy for 2022 crop year

Possession: Immediate possession subject to current tenants rights for 2021

Survey needed?: No survey needed

Brief Legal: Sec 4 T24N R7E Ford Co, IL

PIDs: 08-08-04-200-004

Lat/Lon: 40.5719, -88.4089

Details

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments