FARM LAND AUCTION
134.46 ACRES - 2 TRACTS - SEC 25 - WAUPONSEE TWP - GRUNDY CO
Saturday, November 18, 2017 at 10:00 a.m.

Auction Location: Moose Lodge #967, 3835 N IL-47, Morris, IL 60450
Directions: 1 mile South of the Illinois River Bridge on IL-47 in Morris, IL (West side of the highway)

Farm(s) Location: From the Illinois River Bridge in Morris, head South 3.5 miles on IL-47 to Dupont Rd, then East 2 miles to Higgins, then 1/2 mile North to Oxbow Road. Click for Map

Tract 1 - 79.259 Ac - Tract 2 - 55.208 Ac
Tracts offered as “CHOICE”

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Owner(s): Alese J. Waters Trust

Seller’s Attorney:
Frank Black
Black & Black Law Firm,
201 Liberty St - Morris, IL 60450
815-942-0594

Auction Terms: The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit 10% earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. The Seller will retain the right to harvest the 2017 crop and will retain 100% of the 2017 farm income. Buyer will receive a credit at closing for the 2017 taxes due in 2018. The farm lease will be open for the 2018 crop year. Closing on or before December 18, 2017.

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TRACT 1 - 79.259 Acres
Legal Description: N 1/2 of the NW 1/4 of Sec 25

Farm Location: From the Illinois River Bridge in Morris, head South 3.5 miles on IL-47 to Dupont Rd, then East 2 miles to Higgins, then 1/2 mile North to Farm on SE corner of Higgins & Oxbow Roads.

-Offered as “Choice” of Tract 1 or 2
-PIN# 05-25-100-002
-2016 Taxes = $1,557.92  ($19.78/acre)
-All Tillable
-Closing by December 18, 2017
-Farm Lease Open for 2018

Click HERE for TILING MAP!!

Soil Descriptions: Selma - 39.75 Acres (Corn 176, Soybeans 57); Milford - 23.67 Acres (Corn 171, Soybeans 57); Darroch - 15.33 Acres (Corn 177, Soybeans 57).

Overall Crop Productivity Index = 128.7 --- (Corn 174.7, Soybeans 57, Wheat 69.4)

TRACT 1 Information:  Flyer - Aerial Map - Soil Map - Topography Map - FSA Info - Tax Info - Tax Map - Photos

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TRACT 2 - 55.208 Acres
Legal Description: Part of the NE 1/4 of Sec 25

Farm Location: From the Illinois River Bridge in Morris, head South 3.5 miles on IL-47 to Dupont Rd, then East 2 miles to Higgins, then 1/2 mile North to Oxbow, then 1/2 mile East. Farm begins East of the ComEd power lines.

-Offered as “Choice” of Tract 1 or 2
-PIN# 05-25-200-002
-2016 Taxes = $668.60  ($13.14/acre)
-Mostly Tillable; roughly 7.5 Wooded Acres
-Closing by December 18, 2017
-Farm Lease Open for 2018

Soil Descriptions: The following are 43.5 Tillable Acre estimates: Darroch - 21.03 Acres (Corn 177, Soybeans 57); Selma - 16.20 Acres (Corn 176, Soybeans 57); Starks - 6.23 Acres (Corn 163, Soybeans 51).

Overall Crop Productivity Index = 127.6 --- (Corn 174.6, Soybeans 56.1, Wheat 69)

TRACT 2 Information:  Flyer - Aerial Map - Soil Map - Tillable Soil Map - Topography Map - FSA Info - Tax Info - Tax Map - Photos

Recent survey is available at our office.