Nearly All Tillable Farm With Income in Ford Co IL Auction

Location: 203 N Sangamon Ave, Gibson City, IL
5:30 p.m. Tuesday November 23rd, 2021
For the first time in over 60 years, the Yentes Family Farm will be offered to the public through a live and online auction.


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For the first time in over 60 years, the Yentes Family Farm, located SW of Sibley, Illinois will be offered to the public thru a live and online auction. The farm is made up of roughly 62.4+/- tillable acres with an average Soil PI of 134.2. There are some tile improvements on the farm.  There are also 3 CRP contracts, the first is a CP21 planting of 4.4 acres paying $998 annually through 2022. The second, a CP33, 1.5 acres paying $342 through 2023. The last planting is CP43, .59 acres paying $120 through 2030. The majority of the farm’s soil types are Milford silty clay loam, Brenton silt loam, and Drummer silty clay loam.  

Details:

Deeded Acres: 69.23

FSA Farmland Acres: 67.2FSA acres

CRP Acres: 6.49 acres enrolled in CRP

DCP Cropland Acres: 60.72 Eff DCP acres

Soil Types: Milford silty clay loam, Brenton silt loam, Drummer silty clay loam, Harpster silty clay loam, Martinton silt loam, Ashkum silty clay loam

Soil PI/NCCPI/CSR2: 134.2

Base acres and Yield: Corn Base 29.2 acres/PLC yield 135, Soybean Base 29.2 acres/PLC yield 45

Taxes: $2,774.88

Lease Status: Open Tenancy for 2022 crop year

Possession: Immediate possession subject to current tenants rights for 2021

Survey needed?: No survey needed

Brief Legal: Sec 4 T24N R7E Ford Co, IL

PIDs: 08-08-04-200-004

Lat/Lon: 40.5719, -88.4089

Auction Details:

●      Bidders may participate in the auction on-site or online 

●      Onsite bidders should bring a government-issued ID

●      10% down payment immediately after auction - cash, personal or business checks accepted

●      If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

●      High bidder has 30 days to close unless otherwise noted

●      Announcements on auction day will take precedence over any prior announcements

●      This is a no contingency sale and is not subject to financing or additional inspections

●      Possession at closing, subject to tenant’s rights, if any

●      If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres

●      All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment

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Nearly All Tillable Farm With Income in Ford Co IL Auction

For more information, call:
2179220811



or email BRITTANY KENNEDY at [email protected]
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