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Wayne County – 20 Acres All Tillable Farmland & CRP *SOLD 5/13/2022*

County Road 1025E, ,
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20 acres nearly all tillable farmland and CRP located East of Johnsonville, IL

Legal:  PIN: 11-26-038-016; 11-26-039-001 The SW ¼ NW ¼ SW ¼ and the NW ¼ SW ¼ SW ¼ all in Section 26, T1N R6E of the 3rd P.M., Wayne County, Illinois

Directions: 

From Johnsonville, IL go east on Hwy. 16 (Rt. 161) 1.5 miles to Co. Rd. 1025E turn south and go 2 miles The property is on the east side of the road.

(Approx. 2 miles SE of Johnsonville, IL; Approx. 40 miles NE of Mt. Vernon, IL or approx. 90 miles E of St. Louis, MO)

Lot Size:  20 acres

Tillable Acres:  11.20 FSA measured tillable acres currently in row crop production rented at $75/ac = $840 for 2022.  8.92 acres in CRP paying $169.97/ac = $1,516/yr. The CRP contract expires 9/30/2027. Total yearly income for 2022 is $2,356.

Mineral Rights:  Sellers retain no mineral rights; however, subject to any prior reservations.

Possession:  The current tenant has farming rights for the 2022 farming season.

Rent Agreement:  Farmland is rented for $75/ac for the 2022 farming season.

Soil Types Tillable Acreage:  Bluford and Passport  (See soil map for details.)

Crop Productivity Index:  100

Real Estate Taxes: $258.38 – 2020 real estate taxes

Small tracts of quality farmland are very difficult to find.  This one is nearly 100% tillable and would make a great beginning investment farm or an excellent addition to an existing farm.  The property has very easy access just off of Rt. 161 and has road frontage on two sides.  This farm also has very good soil types and lays very well with just enough slope for good drainage.  Tracts of land like this do not stay on the market very long and this one is priced to sell.

 

Documents
Address: County Road 1025E
State/County:
Zip: 62850
Country: United States
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Property Id : 22440
Selling Price: $93,000 ($4650/AC)
Date Sold: SOLD 5/13/2022
Sort Date: 2022-05-13

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