MGW Real Estate Information

The Ford Farm
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Price : $11,800 per acre Sold
County: Ford

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Contact Details -
Jeff Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0501
Email: Jeff.Waddell@mgw.us.com

Property Details
Location: The subject farm is located approximately 100 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Sibley (2 miles northeast), Gibson City (6 miles southeast), Colfax (9 miles west), and Bloomington (24 miles southwest).
Frontage: There is approximately 1 mile of road frontage on E 1200N Road, 1 mile on N 100E Road, 15/16 mile on E 1100N Road and 7/8 mile on N 200E Road.
Major Highways: Illinois Route 165 is 1 mile north, Illinois Route 47 is 2 miles east, Illinois Route 9 is 6 1/2 miles south, Interstate 55 is 18 1/2 miles northwest, and Interstate 57 is 19 miles east of the property.
Legal Description: A brief legal description indicates The Ford Farm is located in Part of Section 5, Township 24 North - Range 7 East (Sullivant Township), Ford County, Illinois.
Total Acres: There are a total of 606.83 acres, more or less, according to the Ford County Assessor's Office.
Tillable Acres: There are approximately 589.53 tillable acres, according to the Ford County FSA.
Soil Types: Major soil types found on this farm include Drummer silty clay loam and Brenton silt loam.
Topography: The topography of the subject farm is level to nearly level.
Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
Price and Terms: The asking price is $11,800 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2014 real estate taxes totaled $26,484.58. The tax parcel numbers are #08-08-05-100-001, #08-08-05-200-001, #08-08-05-300-002, and #08-08-05-400-002.
Grain Markets: There are a number of grain markets located within 15 miles of The Ford Farm.
Zoning: The Ford Farm is zoned AG-1, Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 312.62 195 60961
149A Brenton silt loam 143.82 195 28045
69A Milford silty clay loam 52.91 171 9048
481A Raub silt loam 48 183 8784
148B Proctor silt loam 14.32 183 2621
146A Elliott silt loam 13.93 168 2340
146B2 Elliott silty clay loam 2.86 160 458
232A Ashkum silty clay loam 0.98 170 167
802B Orthents, loamy 0.09 0 0
    Total: 589.53    

TOTAL ACRES - 606.8 acres, more or less
TILLABLE ACRES - 589.5 acres, or 97.1% per FSA figures
CORN YIELD - 190.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 185.3 bushels per acre, based on total acres

Disclaimer : Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquiries, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.