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Auction Date: 09/10/2024 Auction Time: 10:00 AM CT

Auction Venue Location: Railside Golf Club, 120 W 19th St, Gibson City, IL 60936

Entire Farm Description:

It is our honor to bring the Wissmiller Family Farm to auction. The Wissmiller family has owned and farmed in Ford County for over 100 years. Up for auction are three separate tracts, approximately three miles east of Gibson City. Both Tract 1 and 2 are in Section 8 T23N R8E and Tract 3 is in Section 16 T23N R8E. Tract 1 is in the southeast quadrant of E 500N Rd and N 700E Rd. It consists of 73.92+ deeded acres with 1.91 ac of CRP. Tract 2 is 80+ deeded acres with 4.71 ac of CRP. Tract 3 is a half mile south of IL-9 on N 800E Rd. It consists of 80+ deeded acres with 1.23 ac of CRP. All three tracts have an average PI between 108 to 117. The two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam. This is a great opportunity to add high productive farmland to your family farm or portfolio.

 

Tract 1 Description: 73.92+/- acres

Tract 1 consists of 73.92+ deeded acres and is in the southeast quadrant of E 500N Rd and N 700E Rd in Sec 8 T23N R8E. There are two locations enrolled in a CP42 contract, totaling 1.91 with an annual payment of $438.00 through 9-30-2026. There is .84 acre located in the southwest corner and 1.07 acres located along the east side. The average PI is 117.9 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.

Details:

Tract #: Tract 1

Deeded acres: 73.92+/- acres

Soil Types: Bryce silty clay, Swygert silty clay loam

Soil PI/NCCPI/CSR2: PI 117.9

CRP Acres/payment: 1.91ac $438.00 through 2026

Taxes: $2120.64

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: Pt W ½ NW ¼ S8 T23N R8E Ford Co, IL

PIDs: 10-12-08-100-009

Lat/Lon: 40.46731, -88.32671

Zip Code: 60936

 

Tract 2 Description: 80+/- acres

Tract 2 consists of 80+ deeded acres located three miles east of Gibson City on IL-9 in Sec 8 T23N R8E. Tract 2 has two CRP contracts located on it totaling 4.71 acres. The first location is in the southeast corner, it is a CP42 planting consisting of 1.44 acres paying $324.00 annually through 9-30-2026. The second location is along the west side, enrolled in a CP33 planting consisting of 3.27 ac paying $848.00 through 9-30-2032. The average PI is 117.8 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.

Details:

Tract #: Tract 2

Deeded acres: 80+/- acres

Soil Types: Bryce silty clay, Swygert silty clay loam

Soil PI/NCCPI/CSR2: PI 117.8

CRP Acres/payment: 4.71ac $1,172 Through 2026, 2032

Taxes: $2334.36

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: W ½ SE ¼ S8 T23N R8E Ford Co, IL

PIDs: 10-12-08-400-001

Lat/Lon: 40.45896, -88.31716

Zip Code: 60936

 

Tract 3 Description: 80+/- acres

Tract 3 consists of 80+ deeded acres and is located half mile south of IL-9 on N 800E Rd in Sec 16 T23N R8E. There are two locations enrolled in a CP33 contract totaling 1.23 ac with an annual payment of $276.00 through 9-30-2032. There is 0.77 acres located along the entire east side and 0.46 acres located along the west side. The average PI is 108.1 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.

Details:

Tract #: Tract 3

Deeded acres: 80+/- acres

Soil Types: Bryce silty clay, Swygert silty clay loam, Chatsworth silty clay

Soil PI/NCCPI/CSR2: PI 108.1

CRP Acres/payment: 1.23ac $276.00 Through 2032

Taxes: $2200.798

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: N ½ SW ¼ S16 T23N R8E Ford Co, IL

PIDs: 10-12-16-300-003

Lat/Lon: 40.44748, -88.30523

Zip Code: 60936

 

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

The Wissmiller family has owned for over 100 years

All three tracts are mostly tillable with additional CRP income

All three tracts are less than two miles apart

All three have great road access

Two CRP contracts expiring in 2026 and 2032

The average PI is between 108 and 117 with two main soil types being Bryce silty clay, Swygert silty clay loam

All three are located in Sec 8, 16 T23N R8E

Yield history can be provided upon request

 

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