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Wayne County – 40 Acres Farmland & Woods

$ 140,000
County Road 1650N, ,
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40 acres of combination wooded and tillable acreage located 2 miles SE of Johnsonville, IL(Approx. 50 miles S of Effingham, IL, 40 miles NE of Mt. Vernon, IL, 90 miles E of St. Louis, MO)

Legal:  NE 1/4  SW 1/4 Sec. 27, T1N R6E of the 3rd P.M., Wayne County, IL

Directions: From Johnsonville, IL and Rt. 161 go south 1.5 miles on County Highway 12 (CR 850E) to County Road 1650N turn east and go 1 mile. The property is on the south side of the road.

Parcel Number:  11-27-040-001 (Part)

Lot Size:  40 acres

Price:  $140,000 ($3500/ac)

Tillable Acres:  25 acres tillable (63%) current in row crop production

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

Possession:  At closing subject to present tenancy agreement.  Current farm tenant has farming rights through the 2019 farming season.

Rent Agreement:  Cash rent of $100/ac paid in two installments on April 15 and October 15.  Sellers to retain the cash rent for the 2017 farming season.

Soil Types:  Plumfield, Belknap, Bluford, Hickory-Passport, Ava, & Blair

Crop Productivity Index:  92.1

Real Estate Taxes:  116.27 approx. (2016 taxes)

This is an outstanding combination wooded and tillable tract of land with many possibilities.  There are numerous building sites on this tract of land and exceptional hunting as well.  This property also features road frontage along its northern border and also has convenient access through the middle of the property from an oil lease road. There are producing oil wells on this property; however, the current owners do not receive any of the production from the wells.

The adjoining 40 acres to the south is also listed for sale.  Both 40 acre tracts may be purchased together as 80 acres.  The asking price of the 80 acres is $270,000 ($3375/ac)

Documents
Address: County Road 1650N
City:
State/County:
Zip: 62823
Country: United States
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Property Id : 19641
Price: $ 140,000
Price Per Acre: $3500/ac
Lot Size: 40 Acres

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