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Search Land - 298.33± Acre Sealed Bid Auction · 3 Tracts · Morgan County, IL

298.33± Acre Sealed Bid Auction · 3 Tracts · Morgan County, IL

Auction
Midway Road, Murrayville, IL
Status: Active
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Property Type
Acreage
Farm
Farm Auction
Hunting Land
Land Auction
Recreational Land
Acreage
298.33 acres
County
Morgan, IL
Format
Auction
Features
Hunting
Hwy-County Rd Frontage
List Date
Dec 9, 2024
Documents
Brochure
Bid Sheet
Description
A rare opportunity to participate in a Sealed Bid Auction of extremely well-maintained farmland near Murrayville, IL. Aggressive fertilization and construction of conservation structures, dry dams, terraces, and pattern tiling have turned these three tracts into extraordinary producers. Three-year yield averages across all acreage: 220 bu/ac corn, 67.5 bu/ac beans. Every acre has been fertilized each year since the owner purchased the property. Lime was most recently applied in 2022. The owner has taken great care in enhancing the capabilities of these tracts. Enjoy the fruits of his labor and be the next to steward its productivity! There’s even some hunting appeal to be had! All tracts are open for the 2025 crop season. Bid on any or all tracts. Top three bidders for each tract will be given the opportunity to raise their bids at a private live auction. See “Sealed Bid Process & Timeline” below for full details. Tract 1 · 92.6± Taxable Acres · 94.7% Tillable Boasting the highest soil productivity of the three tracts, Tract 1 clocks in at 92.6± taxable acres and a PI of 125.3. Of the 87.7± farmed acres, half are Class A Osco, Ipava and Muscatune soils. With no obstructions to stand in your way, the layout of this tract is easily farmed. Two 10-inch tiles running East/West were added to the acreage in 2018 to replace a waterway. Access is available on the North and South. Property Location & Access: 1± mile Northwest of Murrayville, 2± miles Southwest of Woodson, 2± miles West off Route 267 in S6-T13N-R10W & S1-T13N-R11W Southern Morgan County, Illinois along and with access from Midway Road and Church Road. Acreage: 92.6± taxable acres, 87.7± farmed acres Productivity Index Rating: 125.3 Primary Soil Type: Osco Topography: Level to gently rolling Parcel Numbers: 17-06-100-001 & 16-01-200-013 2023 Real Estate Taxes (Paid in 2024): $3,547.06 ********* Tract 2 · 166.55± Taxable Acres · 85.7% Tillable Tract 2 is your chance to pick up a large amount of acreage with diverse appeal. Of the 166.55± total taxable acres, 142.7± acres are farmed with only 68± classified as USDA HEL. Tile is present on the Eastern third of the farm. Dry dams were rebuilt and new tile added to the outlets in 2016. All dry dams were cleaned and reshaped in 2020. In addition to the row-crop income potential, Tract 2 also offers hunting appeal with approximately 17± wooded acres and a draw on the South side that’s proven successful to the current owner. Property Location & Access: 2± miles Northwest of Murrayville, 2± miles Southwest of Woodson, 2± miles West off Route 267 in S31-T14N-R10W & S36-T14N-R11W Southern Morgan County, Illinois along and with access from Midway Road. Acreage: 166.55± taxable acres, 142.7± farmed acres (approximately 68± acres of which are USDA HEL) Productivity Index Rating: 116.6 Primary Soil Type: Rozetta Topography: Level to rolling Parcel Numbers: 13-31-300-005 & 12-36-400-011 2023 Real Estate Taxes (Paid in 2024): $4,676.52 ********* Tract 3 · 39.18± Taxable Acres · 81.3% Tillable A size that lets everyone in on the action, Tract 3 in all its 39.18± acre glory is worth a look as a farmette, place to park some 1031 monies, a little hunting spot, future build-site – you name it! Approximately 31.85± acres are currently farmed and carry a Productivity Index Rating of 110.9. All dry dams were cleaned and reshaped in 2020. A nice supplement or start to any land portfolio! Property Location & Access: 2± mile Northwest of Murrayville, 2.5± miles Southwest of Woodson, 3± miles West off Route 267 in S36-T14N-R11W Southern Morgan County, Illinois along and with access from Midway Road. Acreage: 39.18± taxable acres, 31.85± farmed acres Productivity Index Rating: 110.9 Primary Soil Type: Rozetta Topography: Level to rolling Parcel Number: 12-36-300-013 2023 Real Estate Taxes (Paid in 2024): $869.14 ********* Seller: JCL Farms LLC Sealed Bid Process: Seller is offering these three tracts via Sealed Bid. Bidders will have the option to bid on any or all tracts. The top three bidders on each tract will have the opportunity to raise their bids at a private live auction. Seller retains the right to reject any and all bids. Timeframe: Sealed Bids Due: Monday, January 6, 2025 by 4:00PM CST. Mail or deliver to 2240 W. Morton Ave., Jacksonville or email to Luke Worrell at LukeW@Worrell-LandServices.com. It is the bidder’s responsibility to ensure bids are confirmed as delivered (mail is particularly unpredictable during the holidays; we suggest delivering or emailing your bids). Bids must be submitted on the official bid sheet. Top 3 Bidders for Each Tract Notified: Tuesday, January 7 by 4:00PM CST. Private Live Auction for Top 3 Bidders for Each Tract: Thursday, January 9, 2025 at 11:00AM CST. The highest sealed bid per tract will be the opening bid for the live portion of the auction. Upon approval of bids, the winning Buyer(s) will enter into a contract with the Seller immediately following the live auction. Buyer(s) shall submit 10% down in earnest money. The balance will be due at closing which will take place on or before Friday, February 21, 2025. Agency: Broker is acting as the Seller’s agent for JCL Farms LLC and is not representing any Buyer(s). Financing: Financing is the sole responsibility of the bidder. Any bid received will not be conditional on financing. Title: Clear title to each tract and the expense of title insurance, subject to standard and usual exceptions, to be furnished to the Buyer(s) at Seller’s expense. Lease & Possession: Successful Buyer(s) will be given possession at closing unless otherwise negotiated. Minerals: All mineral rights owned by the Seller will convey at closing. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the seller’s agent.
Listing Agent
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Luke Worrell
Co-Op Member Owner
Worrell Land Services, LLC
Jacksonville, Illinois
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