Auction Information
214.16 Acre Land Auction 2 Tract Morgan County
Two great opportunities to expand your acreage right in the heart of Morgan County, Illinois! Strong producers, these two tracts collectively have 5-year yield averages of 212.5 bu/ac corn and 67.5 bu/ac beans. The new owners will step into the landlords position on the 60/40 lease for 2024, receiving 40% of this years crop. Open for 2025.
Both tracts are involved with the Orsted Wind Energy program. No cabling or turbines are present on these tracts, but annual payments are received dependent upon energy production. As a point of reference, 2023 payments for Tracts 1 and 2 combined were just shy of $10,000.
Dont miss out on these great farms in this highly sought-after agricultural area. Give them a look today and be ready to bid July 18!
Tract 1 90 Acres 98% Tillable
An attractive 90 acres, this tract is 98% tillable with 88.25 acres in row crop production. The overall Productiv...
An attractive 90 acres, this tract is 98% tillable with 88.25 acres in row crop production. The overall Productivity Index Rating is 122.9 with Rozetta silt loams predominating. Approximately 22% of the tillable acreage is comprised of Class A Ipava soils. Recent improvements have been done to the waterway to improve drainage. A near-perfect square, this is a breeze to farm with easy access from the North and East.
Property Location & Directions: Approximately 4 miles Southeast of Jacksonville, 4 miles Northwest of Franklin in Morgan County, IL Section 9 Township 14N Range 9W. Head Southeast out of Jacksonville on Route 104 then East on Loami Blacktop.
Access: From Loami Blacktop along the North and Ed Gordon Road along the East
Acreage: 90 taxable acres, 88.25 tillable acres
Productivity Index Rating (tillable acreage): 122.9
Primary Soil Types (tillable acreage): Rozetta, Ipava, Clarksdale
Topography: Slightly rolling
Tenancy: The successful bidder will step into the landlords position on the 60/40 lease, receiving 40% of the growing crop upon 2024 harvest. Open tenancy for the 2025 crop season.
Parcel Number: 14-09-200-002
2023 Real Estate Taxes: $2,497.34
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Tract 2 124.16 Acres 75% Tillable, 20% Pasture
Tract 2 is a nice blend of agricultural uses, bringing a diversity of options to the table for its new owner! This 124.16 acre tract is comprised of 93.26 farmed acres that carry a Productivity Index Rating of 115.8 and a cattle component with 25 acres fenced for pasture complete with an older cattle shed and a 5,200 bushel grain bin. Cattle gates, individual equipment and grain bin hood do not convey (owned by current tenant). Easy access.
Property Location & Directions: Approximately 4 miles Southeast of Jacksonville, 4 miles Northwest of Franklin in Morgan County, IL Section 9 Township 14N Range 9W. Head Southeast out of Jacksonville on Route 104 then East on Loami Blacktop.
Access: From Loami Road along the South, David Road along the East and Anderson Road along the North
Acreage: 124.16 taxable acres, 93.26 tillable acres, 25 fenced pasture acres
Productivity Index Rating (tillable acreage): 115.8
Primary Soil Types (tillable acreage): Rozetta silt loams
Topography: Level to rolling
Tenancy: The successful bidder will step into the landlords position on the 60/40 lease, receiving 40% of the growing crop upon 2024 harvest. Open tenancy for the 2025 crop season.
Parcel Numbers: 14-04-300-002, 14-04-400-002, 14-04-400-007
2023 Real Estate Taxes: $2,445.76
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Seller: William L. Zellman 1997 Family Trust, Barbara A. Zellman 1997 Trust, Bob Bieber
Representing Attorney: Matt Smith, Bellatti Fay Bellatti & Beard Attorneys at Law 217-245-7111
Auctioneer: Darrell Moore IL. Lic. 440.000506 Cell 217-473-5486
Auction Format
Live in-person and online bidding.
Pre-bids and max-bids may be placed online anytime leading up to the live auction.
If bidding in-person with no desire to place pre-bids online, you may register at Pathway Services the morning of the auction.
If bidding online or on your mobile device through Apple or Google Play app stores. You may register to bid online anytime between now and 7:00AM on Thursday, July 18.
Sales Terms Summary
Upon conclusion of auction, Seller and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before August 30, 2024. Possession will be given at closing unless otherwise requested. Seller will convey by Trustees Deed, and will furnish title insurance in amount of the purchase price. Buyer will pay the 2024 real estate taxes payable in 2025. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Sellers agent for the William L. Zellman 1997 Family Trust, Barbara A. Zellman 1997 Trust, Bob Bieber Trustee and is not representing any Buyer(s). The property is being sold AS IS without representation or warranty expressed or implied. The sale is subject to Seller approval. The property is being sold by the acre based on taxable acreage, first for Tract 1 then for Tract 2, not offered back in combination. Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
You must be a registered user to bid, either in-person or online. By bidding you are stating that you are ready and willing to purchase the tract for your bid amount. Bidders acknowledge that Worrell Land Services, LLC does not have any responsibility or liability for the website(s) used for Internet bidding. Despite best efforts to prevent technology failures, Buyer and Seller acknowledge that Worrell Land Services, LLC cannot guarantee the operation or performance of the Internet bidding site. There may be occasional interruptions and delays relating to the use of the Internet and the Website. Furthermore, Worrell Land Services, LLC shall not be held liable (for lost profits or special damages) or responsible for the function of the website or its inability to function. Bidders acknowledge that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of Worrell Land Services, LLC. Worrell Land Services, LLC reserves the right to deny any person access to online bidding if unable to adequately verify the bidder. Winning bidders will be notified via phone or email immediately after the close of the auction to make arrangements for completing the purchase agreement and collection of earnest money.
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 sellers agent.
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Research Parcel InformationDirections
From Loami Blacktop along the North and Ed Gordon Road along the East.