118.03 +/- acres of Morgan Co. Land
Debrah D. Ernest Revocable Living Trust
Tract 1: 38.63 +/- taxable acres
Tract 2: 79.4 +/- taxable acres
To be sold live and online. Online registration begins Feb. 12, 2022
Visit Debrah D. Ernest Revocable Living Trust to register and bid online.
PARCEL LOCATION – TRACT 1:
Approximately 5 miles East of Jacksonville on the Old State Road, or approximately 5 miles West of IL Rte 123 on the Old State Road situated on the north side of the road. Watch for signs.
This farm is part of the Lincoln Land Wind Project and will be sold subject to the existing wind lease. There is no wind turbine on the farm, but it may qualify for annual rent payments pursuant to the terms of the wind lease.
BRIEF LEGAL – TRACT 1: 38.63 +/- taxable acres
The West One-Half of the West One-Half of the Northwest One-Quarter of Section 17, Township 15 North, Range 9 West, less 1.37 acres located in the Southwest corner, all in Morgan County, Illinois.
TAXES:
Parcel # 10-17-100-004 38.63 acres $1293.16 subject to reassessment
AVERAGE SOIL TEST RESULTS & STATS:
pH 5.8 PI 135.9
P1 75 Weighted Ave. for Corn 183.6
K 667.3 Weighted Ave. for Soybeans 58.3
S 5.7
SOIL TYPES:
Osco silt loam, Ipava silt loam, Assumption silt loam, Lawson silt loam and Muscatine silt loam.
PARCEL LOCATION – TRACT 2:
West of Jacksonville at the corner of State Hwy. 104 and Liberty Rd./W. Lafayette Ave. Watch for signs.
BRIEF LEGAL – TRACT 2: 79.4 +/- taxable acres
Part of the East half of the West half of the West half and part of the East half of the West half of Section Twenty-four, Township Fifteen North, Range Eleven West of the Third Principal Meridian in Morgan County, Illinois.
TAXES:
Parcel # 08-24-100-004 39.7 acres $1895.56
Parcel # 08-24-100-005 39.7 acres $1917.62
$3813.18 subject to reassessment
AVERAGE SOIL TEST RESULTS & STATS: This field has patterned field tile. See attachment.
pH 6 PI 142.5
P1 103.4 Weighted Ave. for Corn 191.7
K 444.1 Weighted Ave. for Soybeans 62.3
S 15.7
SOIL TYPES:
Ipava silt loam, Sable silty clay loam, Muscatine silt loam and Osco silt loam.
CORN YIELDS SOYBEAN YIELDS
| Tract 1 | Tract 2 | Year | Tract 1 | Tract 2 |
| 199 | 197 | 2019 | – | – |
| – | – | 2020 | 69 | 74 |
| 225 | 236 | 2021 | – | – |
Terms and Conditions
The farm will be sold on a price per acre basis according to the latest tax record. Buyer(s) will enter into a written contract on the day of the auction. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing. The buyers will receive a credit at closing for the 2021 taxes due and payable in 2022 based on the latest ascertainable real estate information available. Sellers will provide title insurance in the amount of the purchase price. Possession will be given at the time of closing. The Sellers are prepared to close immediately. Closing will be on or before March 22, 2022. Property is being sold subject to owner confirmation.
Payment
Cash, check, cashiers check, money order or wire transfer
Disclosure of Owner Names
Debrah D. Armstrong, Trustee
Contact Information
Aron Cowman 217-473-4840
Ron Cowman 217-473-7550
Tract 2 Tile Map ReportAuction Date
February 22, 2022
Auction Start Time
10:00 a.m.
Auction Location
American Legion Hall - 903 W. Superior Ave. - Jacksonville, IL 62650
Directions
Tract 1: (38.63 +/- acres) Approximately 5 miles East of Jacksonville on the Old State Road, or approximately 5 miles West of IL Rte 123 on the Old State Road situated on the north side of the road. Watch for signs.