Nearly All Tillable Farm With Income in Ford Co IL Auction

Real Estate

Location: 203 N Sangamon Ave, Gibson City, IL

5:30 p.m. Tuesday, November 23rd, 2021
For the first time in over 60 years, the Yentes Family Farm will be offered to the public through a live and online auction.
For this auction's sale bill, catalog or poster, CLICK HERECLICK HERE to bid now online

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

Auction Details:

●      Bidders may participate in the auction on-site or online 

●      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 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 judgment

Nearly All Tillable Farm With Income in Ford Co IL Auction

For more information, call:
2179220811

Also Visit: Auctioneer's Website
Questions about this auction? Phone 217.922.0811 or email our office at [email protected].

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