10 acres of mostly tillable farmland located west of Louisville, IL
Legal: The SW 1/4 of the SE 1/4 of the SW 1/4 of Sec. 20, T4N R5E of the 3rd P.M., Clay County, Illinois (PIN: 05-20-300-008)
Directions: From Louisville, IL go west on the Kinmundy Blacktop 8.5 miles. The property is on the north side of the road.
(Approx. 9 miles W of Louisville, IL; Approx. 30 miles SW of Effingham, IL)
Lot Size: 10 acres
Tillable Acres: 6.11 acres in row crop production and 2.89 acres in CRP filter strips paying $514/yr. contract expires 9/30/2030.
Mineral Rights: Sellers retain no mineral rights; however, subject to any prior reservations.
Possession: At closing – subject to tenants farming rights for the 2023 farming season.
Rent Agreement: Landowner’s share of the 2023 crop is negotiable. Farmland is being rented on a crop share agreement with landowner receiving 1/3 of the crop.
Soil Types Tillable Acreage: Bluford, Atlas
Crop Productivity Index: 97
Real Estate Taxes: $131.86 – 2021 taxes
Small tracts of land are very difficult to find. This one offers the convenience of being located on a quality blacktop road with the privacy of being in the country. If you are looking for a spot to build in the country, or just looking for a solid small farm to invest in, then you need to take a look at this property.
