Ranch and Farm Auctions - Pittsfield, IL 62363

137.26 Acres - Fayette County, Illinois Auction

Real Estate

Location: Holiday Inn Express, 21 Mattes Ave, Vandalia, IL

1 p.m. Thursday, August 29th, 2024
Farmland in Fayette County, Illinois - 137.26 acres
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Auction Date:

08/29/2024 

Auction Time:

1:00 PM CT

Auction Venue Location:

Holiday Inn Express, 21 Mattes Ave, Vandalia, IL 62471

Entire Farm Description:

For auction: 137.26+/- acres of prime farmland near Ramsey, Illinois. This property features approximately 128+/- acres of tillable land, predominantly consisting of Oconee-Darmstadt silt loams and Cisne silt loams with gentle 0-2% slopes. The land boasts an impressive average Productivity Index (PI) of 113.39, making it highly fertile and suitable for various crops. Farm tenancy is open for the 2025 growing season, providing flexibility for the new owner. Additionally, the second cash rent payment of $14,664.35, payable on December 15, 2024, will be conveyed with an acceptable winning bid. This is an excellent opportunity to acquire high-quality farmland with immediate income potential

Tract 1 Description:

76.5 +/- acres, with the FSA indicating 71.32+/- tillable acres and a Productivity Index (PI) of 112.28. Beyond its agricultural potential, this tract also offers recreational value. A fence row creates travel corridors for whitetail deer, enhancing the property’s appeal to hunters and wildlife enthusiasts. Additionally, a small pond within the timbered acres adds charm and utility. This versatile piece of land is ideal for both farming and outdoor recreational activities

Tract #: 1

Deeded Acres: 76.5+/-

FSA Farmland Acres: 71.32+/-

Soil Types: Oconee Silt Loam

Soil PI/NCCPI/CSR2: 112.28

CRP Acres/payment: None

Taxes: Approx. $1420, 2/3 of $2128 for the entire 116.5 acres

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2024

Survey needed?: If tracts 1 and 2 are sold to different buyers

Brief Legal: Part of the north ½ of the SW ¼ S21,T9N R1E

PIDs: Part of 130221300001

Lat/Lon: 39.2087 -89.1005

Zip Code: 62080

 

Tract 2 Description:

40 +/- acres, nearly all of which are tillable. The FSA indicates approximately 38 +/- tillable acres with a high Productivity Index (PI) of 114.51. This tract is ideal for agricultural use, offering fertile soil and excellent crop production potential. Don't miss this opportunity to acquire this premium farmland that promises strong yields! This tract would be a valuable addition to any farming operation.

Tract #: 2

Deeded Acres: 40+/-

FSA Farmland Acres: 38+/-

Soil Types: Oconee Silt Loam

Soil PI/NCCPI/CSR2: 114.51

CRP Acres/payment: None

Taxes: Approx. $710

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2024

Survey needed?: If tracts 1 and 2 are sold to different buyers

Brief Legal: SW1/4 of the SW1/4 S21 T9N R1E

PIDs: Part of 130221300001

Lat/Lon: 39.2042 -89.1007

Zip Code: 62080

 

Tract 3 Description:

20.76 +/- acres mostly tillable tract. According to the FSA, there are approximately 18 +/- tillable acres with a Productivity Index (PI) of 109.24. This tract offers fertile soil and excellent potential for crop production. This is a valuable opportunity for farmers and investors looking to expand their holdings with high-quality, productive farmland.

Tract #: 3

Deeded Acres: 20.76+/-

FSA Farmland Acres: 18+/-

Soil Types: Cisne silt loam

Soil PI/NCCPI/CSR2: 109.24

CRP Acres/payment: None

Taxes: $310.40

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenants rights for 2024

Survey needed?: No survey needed

Brief Legal: In the SE ¼ of the NE ¼ S8 T8N R1E

PIDs: 130608200009

Lat/Lon: 39.1535 -89.1036

Zip Code: 62080

 

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

Mostly tillable acres

Average PI of 113.39

Farm Tenancy open for 2025

2nd cash rent payment of $14,664.35 will be transferred to the new owner with an acceptable winning bid

Some recreational potential, creating something to offer for the whole family

Pond

Easy access off of US HWY 51

 

Please visit auctioneer's website for more photos and full Terms & Conditions.

Also Visit: Auctioneer's Website
Questions about this auction? Phone 217.922.0811 or email our office at info@ranchandfarmauctions.com.

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