40 acres of outstanding standing timber located south of Mt. Erie, IL
Legal: 40 acres more or less being the NW ¼ of the SW ¼ of Sec. 17, T1S R9E of the 3rd P.M., Wayne County, Illinois PIN: 16-17-013-007. Sellers are retaining a 30’ easement across the northern border of the above described tract.
Directions: From Mt. Erie, IL go south on Co. Hwy. 3 5.5 miles to CR 1250N go west 1/2 mile the property is on the south side of the road
(Approx. 15 miles NE of Fairfield, IL; Approx. 75 miles NW of Evansville, IN
Lot Size: 40 acres
Tillable Acres: Property is 100% in saleable hardwood timber
Mineral Rights: Sellers retain 1/2 of their mineral rights for 20 years or as long as production exists thereafter.
Possession: At closing
Rent Agreement: N/A
Soil Types Tillable Acreage: Evansville (See soil map for details.)
Real Estate Taxes:
This is truly a one-of-a-kind property with some of the best standing timber in the area. The entire property is covered with mature walnut, hickory, and oak trees. These trees and ready to be harvested and with the price of lumber, the harvested trees will pay for a large portion of the property.
