Auction Information
Morgan County, IL Farmland Auction, 82.84 Acres as 1 Tract
SOLD AT AUCTION FOR $17,300/ACRE. An entirely tillable Class A farm in the heart of a strong farming community, this 82.84 acre tract in Eastern Morgan County, Illinois is a great opportunity to expand your income-producing acreage. Of the 82.84 taxable acres, 82.17 are in crop production and carry an overall Productivity Index Rating of 136. The entire farm is comprised of Class A soils (Hartsburg, Ipava, and Sable). MCPI corn yield from 2021 was 214; soybeans 70. Recent soils tests are as follows: West field pH 6.2, P 117, K 484; East field pH 6.6, P 72, K 367. Easy access is available from hard surface Hermes Road along the northern boundary of the property. The farm is in convenient proximity to several local grain elevators.
Property Location: 3 miles South of Alexander, 6 miles North of Franklin in Morgan County, Illinois Section 6 Township 13N Range 8W
Acreage: 82.84 taxable...
Acreage: 82.84 taxable acres, 82.17 tillable acres
Access: From hard surface Hermes Road along the northern boundary of the property
Productivity Index Rating: 136
Primary Soil Types: Hartsburg, Ipava, Sable
Topography: Level
Tenancy: Open for the 2022 cropping season.
Parcel Number: 15-06-400-006
2020 Taxes (Payable 2021): $2,680.84
Sellers: Sharon E. Fulton Estate Trustees
Sellers' Designated Representative: Allan Worrell
Auctioneer: Darrell Moore
Representing Attorney: Bobby Bonjean, Bonjean Law Office
Auction Format: In-person bidding. Property is being sold by the acre based on taxable acreage.
Sales Terms Summary: Upon conclusion of auction, Sellers and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before March 4, 2022. Possession will be given at closing. The property is free of any tenants rights for 2022. Sellers will convey by Trustees Deed, and will furnish title insurance in amount of the purchase price. Sellers will pay the 2021 real estate taxes payable in 2022 by giving Buyer(s) a credit against the purchase price. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Sellers agent for the Sharon E. Fulton Estate Trustees and is not representing any Buyer(s). The property is being sold AS IS without representation or warranty expressed or implied. The sale is subject to Sellers approval. The property is being sold by the acre based on taxable acreage. Auctioneer reserves the right to set the bid increments. Sellers are not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions are assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the sellers agent.
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Research Parcel InformationDirections
In Morgan County, Illinois just East of Jacksonville, head South from Alexander, IL on Franklin Alexander Road approximately 3 miles. Turn East onto Hermes Road. Farm is located approximately 1/2 mile down Hermes Road to the South.