THE REX FARM
THE REX FARM 75.4 acres +/-, mol Meriden Township LaSalle County, IL
Martin Goodrich & Waddell, Inc. Sycamore, IL • 815.756.3606 • [email protected]
The Rex Farm INTRODUCTION
The Rex Farm PROPERTY INFORMATION The Farmland Price: County:
$12,900.00 / acre LaSalle
Location:
The subject farm is located approximately 84 miles southwest of Chicago and O'Hare International Airport. Nearby towns include: Mendota - 4 miles to the west, Earlville - 3 miles to the east, and LaSalle/Peru - 13 miles to the south of the property.
Frontage:
There is approximately 2/3 mile of road frontage on Federal Highway 34.
Major Highways:
Federal Highway 34 borders the south and east boundaries of the property. The property is located 1 mile east of the Interstate 39 and Federal Highway 34 interchange, and Interstate 80 is 13 miles to the south of the property.
Legal Description:
A brief legal description indicates the Rex Farm is located in part of the Southeast Quarter of Section 30, Township 36 North-Range 2 East of the Third Principal Meridian (Meriden Township), LaSalle County, Illinois.
Total Acres:
There are a total of 75.4 acres, more or less.
Tillable Acres:
There are 70.2 tillable acres, or 93% of the total acres, according to the LaSalle County Farm Service Agency (FSA) figures.
Soil Types:
Major soil types found on this farm include: Muscatune-Buckhart silt loam, Catlin silt loam, Varna silty clay loam, Sable silty clay loam and Osco silt loam.
FSA Data:
The Farm Service Agency (FSA) corn yield is 117 bushels per acre and the FSA corn base is 34.1 acres. The FSA bean yield is 41 bushels per acre and the FSA bean base is 34.1 acres.
Topography: Climate/ Growing Season: Mineral Rights: Rental Status:
The topography of the subject farm is level to gently rolling. (See Topography map later in this brochure). LaSalle County has a continental climate typical of northern Illinois.
All mineral rights owned by the seller will be transferred in their entirety to the new owner. The property is being cash rented for the current crop year.
The Rex Farm PROPERTY INFORMATION The Farmland Possession: Farm Management: Price Terms: Financing:
Taxes: Grain Markets: Zoning: Improvements: Comments:
Possession will be given at closing, subject to the terms and conditions set. Professional farm management services are available to absentee owners through several local members of The American Society of Farm Managers and Rural Appraisers. Recommendations are provided upon request. The asking price is $12,900 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase. Mortgage financing is available from several sources including the Farm Credit Services and several major insurance companies. Names and addresses of financing sources will be provided upon request. The 2008 Real Estate Taxes, payable in 2009, totaled $1,702.66 or $22.58 per acre. The tax parcel number is 02-30-401-000. There are a number of grain markets located near the Rex Farm. The farm is zoned Agricultural. Includes a barn that has water and electric service. Excellent location just east of the Mendota and the Interstate 39 and Federal Highway 34 interchange.
Disclaimer: Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquires, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.
The Rex Farm SOILS INFORMATION SOILS DESCRIPTIONS AND YIELD DATA* Soil # 86C2 86B 223C3 68A 171B2 814A
Soil Name Osco silt loam Osco silt loam Varna silty clay loam Sable silty clay loam Catlin silt loam Muscatune-Buckhart silt loam
Approx Acres
Corn Yield
1.0 3.0 7.0 6.0 15.0 43.0
160 170 124 171 160 163
Gross Bushel 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL: 75 TOTAL ACRES TILLABLE ACRES CORN YIELD COMPARABLE YIELD INDEX -
75.4 acres, more or less 75.0 acres, or 99.5% per FSA figures 0.0 bushels per acre, based on tillable acres 0.0 bushels per acre, based on total acres
* The estimated acres and yields are taken from AgriData, Inc., which uses USDA & NRCS data. NOTE : THE YIELDS ARE FOR NON-IRRIGATED PROPERTIES. THE SAME SOILS UNDER IRRIGATION WILL PRODUCE HIGHER YIELDS. To obtain the detailed Soil Survey for each county, please visit the following websites: - Mercer County: http://soildatamart.nrcs.usda.gov/Manuscripts/IL131/0/mercer_IL.pdf - Henderson County: http://soildatamart.nrcs.usda.gov/Manuscripts/IL071/0/Henderson_IL.pdf
The Rex Farm HIGHWAY MAP Highway 34
The Rex Farm PLAT MAP Meriden Township
The Rex Farm NOTES
Martin Goodrich & Waddell, Inc. Sycamore, IL • 815.756.3606 • [email protected]
The Rex Farm INTRODUCTION
The Rex Farm PROPERTY INFORMATION The Farmland Price: County:
$12,900.00 / acre LaSalle
Location:
The subject farm is located approximately 84 miles southwest of Chicago and O'Hare International Airport. Nearby towns include: Mendota - 4 miles to the west, Earlville - 3 miles to the east, and LaSalle/Peru - 13 miles to the south of the property.
Frontage:
There is approximately 2/3 mile of road frontage on Federal Highway 34.
Major Highways:
Federal Highway 34 borders the south and east boundaries of the property. The property is located 1 mile east of the Interstate 39 and Federal Highway 34 interchange, and Interstate 80 is 13 miles to the south of the property.
Legal Description:
A brief legal description indicates the Rex Farm is located in part of the Southeast Quarter of Section 30, Township 36 North-Range 2 East of the Third Principal Meridian (Meriden Township), LaSalle County, Illinois.
Total Acres:
There are a total of 75.4 acres, more or less.
Tillable Acres:
There are 70.2 tillable acres, or 93% of the total acres, according to the LaSalle County Farm Service Agency (FSA) figures.
Soil Types:
Major soil types found on this farm include: Muscatune-Buckhart silt loam, Catlin silt loam, Varna silty clay loam, Sable silty clay loam and Osco silt loam.
FSA Data:
The Farm Service Agency (FSA) corn yield is 117 bushels per acre and the FSA corn base is 34.1 acres. The FSA bean yield is 41 bushels per acre and the FSA bean base is 34.1 acres.
Topography: Climate/ Growing Season: Mineral Rights: Rental Status:
The topography of the subject farm is level to gently rolling. (See Topography map later in this brochure). LaSalle County has a continental climate typical of northern Illinois.
All mineral rights owned by the seller will be transferred in their entirety to the new owner. The property is being cash rented for the current crop year.
The Rex Farm PROPERTY INFORMATION The Farmland Possession: Farm Management: Price Terms: Financing:
Taxes: Grain Markets: Zoning: Improvements: Comments:
Possession will be given at closing, subject to the terms and conditions set. Professional farm management services are available to absentee owners through several local members of The American Society of Farm Managers and Rural Appraisers. Recommendations are provided upon request. The asking price is $12,900 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase. Mortgage financing is available from several sources including the Farm Credit Services and several major insurance companies. Names and addresses of financing sources will be provided upon request. The 2008 Real Estate Taxes, payable in 2009, totaled $1,702.66 or $22.58 per acre. The tax parcel number is 02-30-401-000. There are a number of grain markets located near the Rex Farm. The farm is zoned Agricultural. Includes a barn that has water and electric service. Excellent location just east of the Mendota and the Interstate 39 and Federal Highway 34 interchange.
Disclaimer: Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquires, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.
The Rex Farm SOILS INFORMATION SOILS DESCRIPTIONS AND YIELD DATA* Soil # 86C2 86B 223C3 68A 171B2 814A
Soil Name Osco silt loam Osco silt loam Varna silty clay loam Sable silty clay loam Catlin silt loam Muscatune-Buckhart silt loam
Approx Acres
Corn Yield
1.0 3.0 7.0 6.0 15.0 43.0
160 170 124 171 160 163
Gross Bushel 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL: 75 TOTAL ACRES TILLABLE ACRES CORN YIELD COMPARABLE YIELD INDEX -
75.4 acres, more or less 75.0 acres, or 99.5% per FSA figures 0.0 bushels per acre, based on tillable acres 0.0 bushels per acre, based on total acres
* The estimated acres and yields are taken from AgriData, Inc., which uses USDA & NRCS data. NOTE : THE YIELDS ARE FOR NON-IRRIGATED PROPERTIES. THE SAME SOILS UNDER IRRIGATION WILL PRODUCE HIGHER YIELDS. To obtain the detailed Soil Survey for each county, please visit the following websites: - Mercer County: http://soildatamart.nrcs.usda.gov/Manuscripts/IL131/0/mercer_IL.pdf - Henderson County: http://soildatamart.nrcs.usda.gov/Manuscripts/IL071/0/Henderson_IL.pdf
The Rex Farm HIGHWAY MAP Highway 34
The Rex Farm PLAT MAP Meriden Township
The Rex Farm NOTES
