FARM
FOR SALE
THE
JULIE GUNTHER TRUST FARM OFFERING 195.34
+OR- ACRES IN 3 TRACTS SPARTA TWP., KNOX COUNTY IL[SOLD] LISTING
PRICE:
$
606,000 or $ 3,102 per acre LOCATION:
The farm is located about 1/2 mile west of Wataga, IL and is
bordered by County Highway #37 as well as Township Road #700E. Very well
located along good all weather roads. BRIEF
LEGAL DESCRIPTION:
The farm is in 3 parcels and would be generally described as
follows: 80 acres located in the East Half of the Southeast Quarter of
Section 7, 75.34 acres located in the East Half of the Northeast Quarter
of Section 18 and 40 acres located in the North Half of the Southwest
Quarter of Section 17. All in Township 12 North, Range 2 East being
Sparta Township, Knox Co., IL. TOTAL
ACRES: 195.34 Gross Acres
(as per tax records) TILLABLE ACRES:
186.9 Tillable Acres 96
% Tillable (as per FSA measurements) FSA
PROGRAM
2002 Crop Season. $4,064 PFC Payment=$21.74 per tillable acre. INFORMATION:
116.4 Acre Base with a 134 Bushel Payment Yield (2002 Program) 5
Year Average Yields:
Corn: 171 Bu./ Acre
Beans: 54.6 Bu./
Acre SOIL
TYPES:
Primary soils are of the Ipava, Tama and Sable associations.
These are class“A” soils according to Bulletin #811, Optimum Crop
Productivity Ratings for Illinois Soils, as published by the University
of Illinois, August 2000. These soils are among the very best soils in
the State of Illinois !! IMPROVEMENTS:
There are no building improvements on the farm. Bare land
parcels. REAL
ESTATE
TAXES:
$ 4,421.76 ($ 22.64 per acre) “2001” Taxes payable in “2002” POSSESSION:
Possession is subject to the existing lease in place for the 2002
cropping duration. Closing to be negotiated. Buyer will have full
possession for the 2003 cropping season, and have access in November of
2002 after the crop removal. TERMS:
To be sold on a cash basis, no financing is being offered by the
seller. A 10% cash down payment is requested to
be submitted with the offer. This is considered earnest money,
and will be credited to the sale at closing, or returned to the buyer if
the offer is not accepted. The 2002 crop
belongs to the seller. • Seller
will issue a “Warranty Deed” to the buyer. •
Seller will furnish an owners Title Policy to the buyers in the
amount of the purchase price. COMMENTS:
This is some of the very best productive farmland to be offered
for sale this year. It is very well located in an excellent farming
community. The land has been well cared for and in a high state of
productivity. This farm represents an excellent opportunity to acquire some of the best quality farmland the State of Illinois has to offer. The enclosed
information is believed to be accurate, however, it is subject to
verification, and no liability for errors or omissions will be assumed
by the Broker. For more
information and verification, please contact: Ronald
E. LaDuke
Visit us on the
Web @ www. ronladuke.com e-mail to: ron@ronladuke.com
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