MGW Real Estate Information

The Twombly Farm
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Price : $9,850 per acre Sold
County: Ogle

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269
Email: Mark.Mommsen@mgw.us.com

Property Details
Location: The subject farm is located approximately 56 miles west of Chicago O'Hare International Airport. Nearby towns include: Hillcrest (3/4 mile west), Rochelle (3/4 mile southwest), Creston (1 5/8 miles southeast), and DeKalb (10 3/4 miles east).
Frontage: There is approximately 1/4 mile of road frontage on Twombly Road.
Major Highways: Interstate 39/U.S. Route 51 is 5/8 mile west, Illinois Route 38 is 1 mile south, Illinois Route 251 is 2 3/4 miles west, and Illinois Route 64 is 3 miles north of the property.
Legal Description: A brief legal description indicates The Twombly Farm is located in Part of the West Half of the East Half of Section 9, Township 40 North - Range 2 East (Dement Township), Ogle County, Illinois.
Total Acres: There are a total of 160 acres, more or less, according to the Ogle County Assessor's Office.
Tillable Acres: There are approximately 159.15 tillable acres according to the Ogle County FSA.
Soil Types: Major soil types found on this farm include Selma loam and Kishwaukee silt loam.
Topography: The topography of the subject property is level to nearly level.
Climate/Growing Season: Ogle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans.
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 $9,850 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 $3,138.60. The tax parcel number is #25-09-200-001.
Grain Markets: There are a number of grain markets located within 10 miles of The Twombly Farm.
Zoning: The Twombly Farm is zoned AG-1, Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
125A Selma loam 81.33 176 14314
623A Kishwaukee silt loam 28.48 182 5183
440A Jasper loam 16.66 175 2916
742B Dickinson sandy loam 16.49 146 2408
440B Jasper loam 6.86 173 1187
102A La Hogue loam 5.45 162 883
198A Elburn silt loam 3.88 197 764
    Total: 159.15    

TOTAL ACRES - 160.0 acres, more or less
TILLABLE ACRES - 159.2 acres, or 99.5% per FSA figures
CORN YIELD - 173.8 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 172.8 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.