MGW Real Estate Information

The Anchor Farm
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Price : $10,450 per acre
County: McLean

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269

Property Details
Location: The subject farm is located approximately 102 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Anchor (2 1/4 miles northwest), Gibson City (6 3/8 miles southeast), and Bloomington (20 1/2 miles west).
Frontage: There is approximately 7/16 mile of road frontage on N 4000 East Road and 1/2 mile on E 1700 North Road.
Major Highways: Illinois Route 165 is 2 9/16 miles northwest, Illinois Route 9 is 3 1/4 miles southwest, Illinois Route 47 is 6 miles east, and Illinois Route 54 is 7 5/8 miles southeast of the property.
Legal Description: A brief legal description indicates The Anchor Farm is located in Part of the East Half of Section 15, Township 24 North - Range 6 East (Anchor Township), McLean County, Illinois.
Total Acres: There are a total of 196 acres, more or less, according to the McLean County Assessor's Office.
Tillable Acres: There are approximately 194.17 tillable acres according to the McLean County FSA.
Soil Types: Major soil types found on this farm include Saybrook silt loam and Drummer and Elpaso silty clay loams.
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 $10,450 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 2016 real estate taxes totaled $6,933.72. The tax parcel numbers are #18-15-200-002 and #18-15-400-002.
Grain Markets: There are a number of grain markets located within 15 miles of The Anchor Farm.
Zoning: The Anchor Farm is zoned A - Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
145B2 Saybrook silt loam 70.54 170 11992
721A Drummer and Elpaso silty clay loams 58.1 194 11271
154A Flanagan silt loam 31.23 194 6059
59A Lisbon silt loam 21.98 188 4132
622B2 Wyanet silt loam 9.61 153 1470
149A Brenton silt loam 2.32 195 452
290B2 Warsaw loam 0.39 153 60
    Total: 194.17    

TOTAL ACRES - 196.0 acres, more or less
TILLABLE ACRES - 194.2 acres, or 99.1% per FSA figures
CORN YIELD - 182.5 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 180.8 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.