474.39± Acre Land Auction · 5 Tracts · Morgan County, Illinois

Versatile opportunity awaits on these five distinct combo tracts that offer a mix of income-producing acreage, hunting ground, and even build-site potential. All tracts are manageably-sized, offer great access from county roads, and are free of tenant’s rights. Tracts 3, 4, and 5 adjoin one another, should you desire larger acreage. Check out the particulars of each tract below and give us a shout with any questions or to schedule time to walk the properties. Luke Worrell, Managing Broker, is representing the seller and can be reached via talk or text at 217.473.7039.

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Tract 1: 74.39± Taxable Acres – Over 63% of the farm is in row-crop production. Lots of field edge!

• Acreage: 47.0± tillable acres, 22.52± wooded acres
• Access: From Literberry Prentice Road along the North and Wheeler Road along the East
• Productivity Index Rating (tillable acreage): 109.5
• Primary Soil Types (tillable acreage): Rozetta & Sylvan
• Topography: Rolling
• Parcel ID: 05-09-400-004
• 2021 Taxes (Payable 2022): $1,189.74
• Location: Morgan County, IL S9-T16N-R9W

Tract 2: 80± Taxable Acres – Over 83% tillable & highest PI with some hunting potential sprinkled in.

• Acreage: 66.71± tillable acres, 12.73± wooded acres
• Access: From Roth Road along the South
• Productivity Index Rating (tillable acreage): 127.8
• Primary Soil Types (tillable acreage): Rozetta & Ipava
• Topography: Level to slightly rolling
• Parcel ID: 05-15-300-002
• 2021 Taxes (Payable 2022): $2,722.92
• Location: Morgan County, IL S15-T16N-R9W

Tract 3: 200± Taxable Acres – Nearly 69% income-producing acres, usable outbuildings, excellent built-site, huntable woodland.

The largest of the five tracts, this tract requires a bit more explanation. Between the tillable farmland and CRP, 137.83 acres are income-producing. With nine acres of CRP for deer to bed down in amidst the timber and adjoining woodland, the hunting potential for this tract is significant. Two pole-frame buildings provide 5,136sqft of covered outdoor storage, and five older grain bins total 20,000/bu onsite grain storage. This tract has excellent build-site potential, with rural water already running to the property. The current farm tenant has occupied the older home on this tract for 49 years, and has interest in staying should the new owner desire.

• Acreage: 128.83± tillable acres, 48.17± wooded acres, 9 acres in CRP
• Access: From Wheeler Road along the East and South
• Productivity Index Rating (tillable acreage): 115.5
• Primary Soil Type (tillable acreage): Rozetta & Clarksdale
• CRP Summary: $2,086 annually as follows: 4.1 acres @ $235.40/acre through September 2025 and 4.9 acres @ $228.80/acre through September 2026.
• Topography: Level to rolling
• Parcel IDs: 05-21-200-001 & 05-21-100-006
• 2021 Taxes (Payable 2022): $6,522.80
• Location: Morgan County, IL S21-T16N-R9W

Tract 4: 60± Taxable Acres – Greatest percentage of woodland.

The 20.90± tillable acres on this tract were formerly in CRP, but those contracts have expired. Utilize that acreage as you see fit – food plot development, row-crop, hay. Indian Creek runs through this tract providing on-site water for wildlife.

• Acreage: 20.90± tillable acres, 39.10± wooded acres
• Access: From Wheeler Road along the East
• Productivity Index Rating (tillable acreage): 118.9
• Primary Soil Type (tillable acreage): Lawson
• Topography: Level to rolling
• Parcel ID: 05-16-400-002
• 2021 Taxes (Payable 2022): $965.88
• Location: Morgan County, IL S16-T16N-R9W

Tract 5: 60± Taxable Acres – Nearly 64% income-producing, potential to restore pond.

• Acreage: 38.26± tillable acres, 15.45± wooded acres
• Access: From Wheeler Road along the North and West
• Productivity Index Rating (tillable acreage): 114.7
• Primary Soil Type (tillable acreage): Rozetta
• Topography: Level to rolling
• Parcel ID: 05-21-400-001
• 2021 Taxes (Payable 2022): $835.88
• Location: Morgan County, IL S21-T16N-R9W

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Seller: Albyn G. Wolfe Trust, The Farmers State Bank & Trust Company, Trustee (Jim Oliver, Farm Manager)

Representing Attorney: Matt Smith · Bellatti Fay Bellatti & Beard LLP · 217.408.0686

Auctioneer: Darrell Moore · IL Lic. 440.000506 · 217.473.5486

Auction Format: In-person bidding. Contact us to make arrangements for phone bidding if in-person bidding is not possible. Each tract will sell individually and will not be offered back in combination.

Sales Terms Summary: Upon conclusion of auction, Seller 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 at closing on or before December 30, 2022. Possession will be given at closing. Seller will convey by Trustee’s Deed, and will furnish title insurance in amount of the purchase price. Seller will pay the 2022 real estate taxes payable in 2023 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 Seller’s agent for the Albyn G. Wolfe Trust 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 Seller’s approval. The property is being sold by the acre based on taxable acreage. 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.