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Wayne Co – 40 Acres Farmland & Woods

$ 158,000
County Road 2300N, ,
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40 acres of combination wooded and tillable acreage located in northwestern Wayne County, IL 3 miles S of Xenia, IL (Approx. 40 miles S of Effingham, IL, 40 miles NE of Mt. Vernon, IL, 90 miles E of St. Louis, MO)

Legal:  SW 1/4  SE 1/4 Sec. 20, T2N R5E of the 3rd P.M., Wayne County, IL

Directions: From Highway 50 at Xenia, IL go south 4 miles on County Highway 13 (Fairfield Rd.) to County Road 2300N vier west and go 3/4 miles. The property is on the north side of the road.

Parcel Number:  08-20-003-001

Lot Size:  40 acres

Price:  $158,000 ($3950/ac)

Tillable Acres:  23 acres tillable current in row crop production. 3.06 acres in CRP with payments of $479/yr. contract expires 9/30/2025. Counting tillable and CRP acres the farm is 65% income producing.

Mineral Rights:  Sellers retain none; however, subject to any prior reservations.

Possession:  At closing subject to present tenancy agreement.

Rent Agreement:  Cash rent of $125/ac.  Sellers to retain the cash rent for the 2018 farming season.

Soil Types Tillable Acreage:  Bluford, Wynoose, Hickory, Blair

Crop Productivity Index:  98

Real Estate Taxes:  $150.92 (2017 taxes)

This is an outstanding combination wooded and tillable tract that is ideally located close to major roads but off of the beaten path.  There are numerous building sites on this tract of land and exceptional hunting as well.  This property also features road frontage along its southern and western borders.  If you are looking for that hard to find 40 acre tract with income and excellent hunting then this property will be for you.

Documents
Address: County Road 2300N
City:
State/County:
Zip: 62899
Country: United States
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Property Id : 19673
Price: $ 158,000
Price Per Acre: $3950/ac
Lot Size: 40 Acres

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