Live and Online at Ranchandfarmauctions.com

Auction Date: 04/09/24 Auction Time: 11:00 am CST

Auction Venue Location: VFW Post 5001, 1323 S Main St, Lewistown, IL 61542

Open House Dates and Times: Call agent for viewings

Entire Farm Description:

This productive tillable farm is located approximately 6 miles west of Lewistown along County Highway 14. The farm has 58 +/- tillable acres that is primarily Tice Silty clay loam and Huntsville Silt loam and carries an average 134.7 P.I. Rating based on Surety soil map. There is approximately 1400 feet of Spoon River frontage located at the south end of the property with a well built and maintained levee. If you are an outdoorsman, this stretch of river is well known for its excellent fishing and based on the amount of sign is a well used travel corridor for deer. The seller has added field tile to help with drainage. There will be a current survey with an owned access road off of County Hwy 14. This would be a great farm to add to an existing operation or for an investor looking to add to their portfolio. Buyer will receive the fall cash rent installment.

For additional information or to schedule a showing contact land specialist Jason Endres.

Details:

Deeded Acres: 74+/- acres

FSA Acres 58 +/- acres

Soil Types: Tice silty clay, Huntsville silt loam.

Soil PI/NCCPI/CSR2: PI 134.7 Per Surety

CRP Acres/payment: No CRP

Taxes: TBD

Lease Status: Tenant agreement in place for 2024, open tenancy for 2025

Possession: Immediate possession subject to current tenants rights for 2024

Survey needed?: No survey needed

Brief Legal: part of W ½ S15 T5N R2E in Fulton Co, IL

PIDs: part of PID 17-18-151-000-06

Lat/Lon: 40.41667, -90.27133

Zip Code: 61477

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

Highly productive tillable farm located near Lewistown and Smithfield

134.7 Avg. P.I rating

Tice Silty clay loam and Huntsville silt loam

1400 Feet of Spoon River frontage

Excellent fishing and hunting opportunities

Good access off of County Hwy 14

Buyer is to receive 2nd cash rent installment

Added field tile

Please visit the auctioneers website for more photos and full Terms and Conditions.