Online Virtual Auction! The virtual live event will be Thursday, April 8, 2021 at 10:00 AM. Online bidding starts Monday, March 22, 2021 at 8:00 AM and closes April 8, 2021 at the conclusion of live event.
This property has been owned by the current seller’s family for multiple generations, so this may be a once-in-a-lifetime opportunity for you to own a high-Class A farm in Champaign County. The estimated tract productivity index is 141.6. Approximately 73% of the farm is Drummer silty clay loam soils. The farm has an estimated 196.71 acres of tillable land and 6.9 acres of CRP. The sellers are retaining the west 43.335 surveyed acres of the East Half of the Northwest Quarter and the plat of survey has very recently been recorded. The Champaign County Supervisor of Assessments has yet to show this split of acreage at the courthouse. The Champaign County FSA office will reconstitute the farm acreage after the closing.
This farm is located at the southwest corner of the intersection of County Roads 2200 North and 2400 East in the northeast part of Stanton Township in northeastern Champaign County, Illinois. The property is bordered on two sides by these all-weather roads. The town of Royal with its excellent grain marketing facilities is located about two miles east. St. Joseph is located about five miles south and Urbana, the county seat, is located about 13 miles southwest of the farm.
CRP: 6.9+/- acres with an annual payment of $2,020 (split with tenant), expiring September 30, 2021.
The 2021 cash rent flex lease will be assigned to the buyer at closing, as well as the owner’s share of the 2021 CRP payment.
Legal Description: 202.525 acres being the Northeast Quarter of Section 13, and part of the East Half of the Northwest Quarter of Section 13, Township 20 North, Range 10 East of the 3rd PM, Champaign County, Illinois
Annual Taxes: The property taxes average $46.90 per acre. However, the acreage and taxes have yet to be split by the Champaign County courthouse.
160 acres: $7,142.24
85.86 acres: $4,389.74
245.86: $11,531.98 or $46.90 per acre*
* Farm yet to be split by Champaign County
Cropland Acres: 196.71
CRP Acres: 6.90
Crop: Corn Base: 118.34 acres Yield: 158 bushels
Crop: Soybeans Base: 117.86 acres Yield: 47 bushels