MGW Real Estate Information

The Ostfriesland Farm North
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Price : $12,900 per acre Sold
County: Champaign

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439
Email: Josh.Waddell@mgw.us.com

Property Details
Location: The subject farm is located approximately 118 miles south of Chicago O'Hare International Airport. Nearby towns include: Rantoul (1 5/8 miles northwest), Thomasboro (4 3/4 miles west), and Champaign (9 1/4 miles southwest).
Frontage: There is approximately 5/16 mile of road frontage on County Road 2600 N.
Major Highways: U.S. Route 136 is 3 1/2 miles north, U.S. Route 45 is 4 1/2 miles west, Interstate 57 is 5 miles west, Interstate 74 is 9 1/4 miles south, and Illinois Route 49 is 10 1/4 miles east of the property.
Legal Description: A brief legal description indicates The Ostfriesland Farm North is located in Part of the South Half of Section 20, Township 21 North - Range 10 East (Rantoul Township), Champaign County, Illinois.
Total Acres: There are a total of 97.49 acres, more or less, according to the Champaign County Assessor's Office.
Tillable Acres: There are approximately 98.87 tillable acres, according to the Champaign County FSA.
Soil Types: The major soil type found on this farm is Drummer silty clay loam.
Topography: The topography of the subject farm is 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 $12,900 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 taxes totaled $3,320.88. The tax parcel numbers are #20-10-20-300-003 & #20-10-20-400-007.
Grain Markets: There are a number of grain markets located within 15 miles of The Ostfriesland Farm North.
Comments: High quality farmland with 1,201' of 10" and 3,768' of 6" drain tile added fall of 2011. Farm is transitioning to organic (first certified organic crops scheduled for June 2017), but can be farmed conventionally as well. Free of leases for 2016.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 64.42 195 12562
125A Selma loam 18.96 176 3337
481A Raub silt loam 15.49 183 2835
    Total: 98.87    

TOTAL ACRES - 97.5 acres, more or less
TILLABLE ACRES - 98.9 acres, or 101.4% per FSA figures
CORN YIELD - 189.5 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 192.2 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.