80 acres of combination wooded and tillable acreage located 2 miles southeast of Johnsonville, IL
Legal: E 1/2 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
Lot Size: 80 acres
Price: $270,000 ($3375/ac)
Tillable Acres: 43 acres tillable (54%) 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 $4,300 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: 232.54 (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 the exceptional hunting as well. This property also features road frontage along its northern and southern borders 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 owners are willing to sell this farm divided as two north and south 40 acre tracts. Both of these tracts are priced at $3500/ac.