339.78± Acre Farmland Auction · 2 Tracts Buyer’s Choice · Morgan County, Illinois

Auction Date: Monday, February 7 @ 10:00AM

Auction Location: Pathway Services Community Room, 1905 W. Morton Ave., Jacksonville, IL 62650

339.78± Acre Farmland Auction · 2 Tracts Buyer’s Choice · Morgan County, Illinois

AUCTION DATE CHANGED DUE TO SEVERE WINTER WEATHER FORECAST. NOW MONDAY, FEBRUARY 7 @ 10AM.

A spectacular high Class A 339.78± acre two-tract “Buyer’s Choice” farmland auction in Northeast Morgan County, Illinois.

Farms of this magnitude and top-tier quality are rarely available on the open market in West Central Illinois. These two tracts truly have it ALL – soil quality, location, access, percentage of tillable acreage, drainage options, and lucrative non-crop income.

Roll in and farm as far as the eye can see on 339.78± high Class A tillable acres. The overall acreage is 99.7% tillable with Tracts 1 and 2 competing for which can boast the highest Productivity Index Rating (142.6 and 143.1 respectively). A known producer, the acreage is currently farmed as one with 5-year yield averages on the total acreage of 231 bu/ac corn and 71 bu/ac beans. A large 24-inch main runs West to East and allows for a wide variety of future tile projects to further enhance production and future value. Tile agreement sets a 157 acre limit across both tracts that may be drained into the main. If the remarkable cropping value wasn’t enough to pique your interest, the farm is also enrolled in the APEX Wind Energy program. The farm was not used for turbines or cabling, but will nonetheless collect an annual payment throughout the life of the project. Estimated 2022 wind energy payment is $56 per acre.

Property is selling as “Buyer’s Choice.” The successful bidder will have the option to choose Tract 1, Tract 2, or both. If the first successful bidder selects only one of the two tracts, bidding will resume for the remaining tract. In-person bidding. Contact us to make arrangements for phone bidding, if required.

Don’t miss this rarity! To learn more about these incredible tracts, contact the Seller’s Designated Representative and Managing Broker, Luke Worrell at 217.473.7039 or LukeW@Worrell-LandServices.com.

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Both Tracts
Location: Sections 4 & 33 – Townships 15 & 16 N – Range 8 W
Directions and Access to the Property: North off Old State Road on Sangamon Morgan County Line Road. West on Kern Road. Access is available to both tracts from Kern Road along the Northern boundary.
Primary Soil Types: Ipava & Muscatune
Topography: Level to gently rolling
Tenancy: Open for the 2022 cropping season upon reimbursement of 2022 input costs (receipts available upon request).

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Tract 1: 166.06± Acres, 100% Tillable
Acreage: 166.06± surveyed acres, 166.06± USDA tillable acres
Productivity Index: 142.6
Parcel Numbers: 06-33-300-004, 11-05-200-008, 06-33-400-005, 06-33-400-009, 11-04-100-005, 11-04-100-009
2020 Taxes (Payable 2021): $8,413.60

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Tract 2: 173.72± Acres, 99.46% Tillable
Acreage: 173.72± surveyed acres, 172.78± USDA tillable acres
Productivity Index: 143.1
Parcel Numbers: 06-33-400-007, 06-33-400-008, 11-04-100-007, 11-04-100-008, 06-33-400-004
2020 Taxes (Payable 2021): $8,917.06

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Sellers: Tract 1 – Susan Green Revocable Living Trust. Tract 2 – John & Stephanie Bellatti Revocable Living Trust, David L. & Julie A. Kern Morrison Trust, David Kern.
Representing Attorneys: Matt Smith · Bellatti Fay Bellatti & Beard LLP · 217.408.0686. Jenna Tucker · Rammelkamp Bradney · 217.245.6177.
Auctioneer: Darrell Moore · IL. Lic. 440.000506 · 217.473.5486

Sales Terms Summary: Upon conclusion of auction, Sellers and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before March 18, 2022. Possession will be given at closing unless otherwise requested. Sellers will convey by Trustee’s Deed, and will furnish title insurance in amount of the purchase price. Sellers will pay the 2021 real estate taxes payable in 2022 by giving Buyer(s) a credit against the purchase price. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Sellers’ agent for the Susan Green Revocable Living Trust, the John & Stephanie Bellatti Revocable Trust, the David L. and Julie A. Kern Morrison Trust, and David Kern and is not representing any Buyer(s). The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Sellers’ approval. The property is being sold by the acre based on surveyed acres. Property is selling as “Buyer’s Choice.” The successful bidder will have the option to choose Tract 1, Tract 2, or both. If the first successful bidder selects only one of the two tracts, bidding will resume for the remaining tract. Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

 

Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the seller’s agent.

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Luke Worrell is the Managing Broker for Worrell Land Services, LLC.