Auction Information
474.39 Acres Morgan County
Versatile opportunity awaits on these five distinct combo tracts that offer a mix of income-producing acreage, hunting ground, and even build-site potential. All tracts are manageably-sized, offer great access from county roads, and are free of tenants rights. Tracts 3, 4, and 5 adjoin one another, should you desire larger acreage. Check out the particulars of each tract below and give us a shout with any questions or to schedule time to walk the properties.
Tract 1: 74.39 Taxable Acres Over 63% of the farm is in row-crop production. Lots of field edge!
Acreage: 47.0 tillable acres, 22.52 wooded acres
Access: From Literberry Prentice Road along the North and Wheeler Road along the East
Productivity Index Rating (tillable acreage): 109.5
Primary Soil Types (tillable acreage): Rozetta & Sylvan
Topography: Rolling
Parcel ID: 05-09-400-004
2021 Taxes (Payable 2022): $1,189.74
Location:...
Location: Morgan County, IL S9-T16N-R9W
Tract 2: 80 Taxable Acres Over 83% tillable & highest PI with some hunting potential sprinkled in.
Acreage: 66.71 tillable acres, 12.73 wooded acres
Access: From Roth Road along the South
Productivity Index Rating (tillable acreage): 127.8
Primary Soil Types (tillable acreage): Rozetta & Ipava
Topography: Level to slightly rolling
Parcel ID: 05-15-300-002
2021 Taxes (Payable 2022): $2,722.92
Location: Morgan County, IL S15-T16N-R9W
Tract 3: 200 Taxable Acres Nearly 69% income-producing acres, usable outbuildings, excellent built-site, huntable woodland.
The largest of the five tracts, this tract requires a bit more explanation. Between the tillable farmland and CRP, 137.83 acres are income-producing. With nine acres of CRP for deer to bed down in amidst the timber and adjoining woodland, the hunting potential for this tract is significant. Two pole-frame buildings provide 5,136sqft of covered outdoor storage, and five older grain bins total 20,000/bu onsite grain storage. This tract has excellent build-site potential, with rural water already running to the property. The current farm tenant has occupied the older home on this tract for 49 years, and has interest in staying should the new owner desire.
Acreage: 128.83 tillable acres, 48.17 wooded acres, 9 acres in CRP
Access: From Wheeler Road along the East and South
Productivity Index Rating (tillable acreage): 115.5
Primary Soil Type (tillable acreage): Rozetta & Clarksdale
CRP Summary: $2,086 annually as follows: 4.1 acres $235.40/acre through September 2025 and 4.9 acres $228.80/acre through September 2026.
Topography: Level to rolling
Parcel IDs: 05-21-200-001 & 05-21-100-006
2021 Taxes (Payable 2022): $6,522.80
Location: Morgan County, IL S21-T16N-R9W
Tract 4: 60 Taxable Acres Greatest percentage of woodland.
The 20.90 tillable acres on this tract were formerly in CRP, but those contracts have expired. Utilize that acreage as you see fit food plot development, row-crop, hay. Indian Creek runs through this tract providing on-site water for wildlife.
Acreage: 20.90 tillable acres, 39.10 wooded acres
Access: From Wheeler Road along the East
Productivity Index Rating (tillable acreage): 118.9
Primary Soil Type (tillable acreage): Lawson
Topography: Level to rolling
Parcel ID: 05-16-400-002
2021 Taxes (Payable 2022): $965.88
Location: Morgan County, IL S16-T16N-R9W
Tract 5: 60 Taxable Acres Nearly 64% income-producing, potential to restore pond.
Acreage: 38.26 tillable acres, 15.45 wooded acres
Access: From Wheeler Road along the North and West
Productivity Index Rating (tillable acreage): 114.7
Primary Soil Type (tillable acreage): Rozetta
Topography: Level to rolling
Parcel ID: 05-21-400-001
2021 Taxes (Payable 2022): $835.88
Location: Morgan County, IL S21-T16N-R9W
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Seller: Albyn G. Wolfe Trust, The Farmers State Bank & Trust Company, Trustee (Jim Oliver, Farm Manager)
Representing Attorney: Matt Smith Bellatti Fay Bellatti & Beard LLP 217.408.0686
Auctioneer: Darrell Moore IL Lic. 440.000506
Auction Format: In-person bidding. Contact us to make arrangements for phone bidding if in-person bidding is not possible. Each tract will sell individually and will not be offered back in combination.
Sales Terms Summary: Upon conclusion of auction, Seller 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 at closing on or before December 30, 2022. Possession will be given at closing. Seller will convey by Trustees Deed, and will furnish title insurance in amount of the purchase price. Seller will pay the 2022 real estate taxes payable in 2023 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 Albyn G. Wolfe Trust 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. Seller is 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.
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Research Parcel InformationDirections
Directions to Tract 3 are from Wheeler Road along the East and South. For other tracts please see maps.