Sold

Highly Productive Tillable Farm In Morgan County Illinois

Acreage

113.44 ±

County

Morgan

SOLD

Address American Legion, 903 W. Superior Ave Jacksonville, IL 62650

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Description

SOLD! 1 TRACT – $10,750 PER ACRE

Property Location: 113.44± acres in Morgan County, IL - S25/30-T15N-R11/10W

Auction Location: American Legion, 903 W Superior Ave, Jacksonville, IL 62650

Auction Date & Time: February 9, 2021 at 11:00 AM CST

With low-interest rates, rising grain prices, and strong market demand for highly productive tillable ground, the Freeman Farm offered at auction is a generational opportunity. This prime tract is 113.44± taxable acres with a PI of 138.4. FSA records indicate 109.34± acres of tillable ground, making this an outstanding income producing piece. The farm has been well maintained, includes tile improvements, and offers excellent access from both the West and East side of the property. The West access is road frontage on Massey Lane, and from the East, is a convenient easement coming in from Lincoln Avenue. This farm is only minutes from Morton Avenue and Highway 67 in Jacksonville, IL and is a short drive to a large grain elevator. Soils consist of Osco, Tama, and Muscatune Silt Loam.

Details

113.44± acres
FSA indicates 109.3 tillable acres
Highly productive with 138.4 PI
Great access from two sides
Prime location in Jacksonville, IL
Located near large grain elevator
Osco, Tama, & Muscatune Silt Loam soils
Bidders may participate in the auction on site or online at Proxibid.com
On site bidders should bring a government issued ID
10% down payment immediately after auction - cash, personal or business checks accepted
If 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 the day of the sale shall take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing and property sells free and clear of tenancy for 2021 crop year.
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment