Auction Date:
December 18, 2024 | 11:30 am Auction Location / Nearest City:
Varna, IL, USAFeatured items:
- Good investment opportunity
- Average PI of 118.3 across entire cropland acres
- Approximately 10 acres in row crop production
- Approximately 15.5 acres in alfalfa hay production
- Ameren electric service to the property
- 20,000+/- & 7,000+/- bushel aeration bins on north end
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Auction Description:
27.25 ACRES / MARSHALL COUNTY, IL
Virtual Online Only Auction at Ranchandfarmauctions.com
Auction Date: 12/18/2024 Auction Time: 11:30 AM CT
Virtual Online Only
FSA Packet: https://ranchandfarmauctions.com/uploads/documents/surveyed-tillable-farm-with-grain-bins-in-marshall-co-il/FSA-Packet.pdf
Auction Flyer: https://ranchandfarmauctions.com/uploads/documents/surveyed-tillable-farm-with-grain-bins-in-marshall-co-il/Auction-Flyer.pdf
Entire Farm Description:
Ranch and Farm Auctions is pleased to offer this productive, income producing property to public auction. The Spangler property is located west of La Rose on Pigeon Creek Road in western Richland Township-Marshall County, Illinois. This is a great opportunity to purchase an income producing farm with improvements including electricity and 2 aeration grain bins. This property will be highly desirable for current farm owners/operators looking to add to their current operation and investors! The farm was recently surveyed and will be sold in 1 tract.
This income producing property is located in the east half of Section 14 of Richland Township. There are two aeration grain bins near the blacktop road that hold approximately 20,000 and 7,000 bushels and are served by an electric service from Ameren. The farm currently has approximately 10 acres in row crop production most recently in soybeans. The soils on this part of the farm consist of Elkhart and Catlin silt loams with an average PI of 125.7. The balance of the property consists of approximately 15.5 acres of lush alfalfa hay production with an average PI of 113.6. The farm has some tile throughout and gently rolling drainage with low terraces to eliminate erosion and has access along the entire north side of the property via Pigeon Creek Road.
Deeded Acres: 27.250
FSA Farmland Acres: 25.6± (estimated)
Soil Types: Elkhart, Catlin, Senachwine & Dodge silt loams
Soil PI/NCCPI/CSR2: 118.3 PI
CRP Acres/payment: NO CRP
Taxes: $1,040.18
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenant’s rights for 2024
Survey needed? Surveyed in 2024
Brief Legal: 27.907+/- acres in Section 14, T29N-R2W Marshall County, IL
PIDs: 12-14-400-023, part of 12-14-400-029, part of 12-14-400-031
Lat/Lon: 40.9735/-89.2990
Zip Code: 61375
Bidders may participate in the virtual online only auction at Ranchandfarmauctions.com
Once the high bid has ben recognized, 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
Recently surveyed
Good investment opportunity
Average PI of 118.3 across entire cropland acres
Approximately 10 acres in row crop production
Approximately 15.5 acres in alfalfa hay production
Ameren electric service to the property
20,000+/- & 7,000+/- bushel aeration bins on north end
Some tile and low terracing for erosion control
Excellent blacktop road frontage
Varna, IL, USA
Varna, IL
Auction Location / Nearest City:
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