$1

County Road 1200 N, Arrowsmith, IL 61722, US

Summary

Style: Other
Sq Ft: 0

Moving Quotes

primary photo for County Road 1200 N, Arrowsmith, IL 61722, US

Remarks

Pleased to present 160 Acres m/l of high quality McLean County farmland via live, public auction. Mark your calendar for Thursday, March 13th, 2025! The property is comprised of 155.87 FSA cropland acres with an average soil PI rating of 122.6. The main soil types found on this property are Wyanet silt loam and Sable silty clay loam. This farm has been professionally managed for many years to maintain excellent conservation practices, optimize productivity of the property, and keep accurate records. There have been several improvements made to the property including the installation of tile in 2020 to enhance drainage, please see attached tile maps. Recent soil tests have also been completed with results displaying great soil fertility and excellent yields with the 5 year averages on corn of 223 and soybeans of 60. Please contact agent for full yield and fertility records. The property is enrolled in a wind lease with Horizon Wind Energy LLC with one wind turbine located on the property and providing additional income to the landowner. The estimated annual payment on the property is an estimated $8,000 and is scheduled to grow at 2% annually for the remainder of the lease. The wind lease will be transferred with the sale of the farmland and the Buyer/Winning Bidder will receive the 2025 payment along with all future lease payments. The official wind lease documents can be obtained by contacting the listing agents. Visit our website for more information!

Details

MLS#: 6324796
Price: $1

Style: Other
Sq Ft: 0

County: McLean
Tax Fee: 6351

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Broker Contact

Peoples Company
12119 Stratford Dr Ste B
Clive, IA, 50325-8166
US
! (515) 222-1347
! Jesse@PeoplesCompany.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by RLI Farm & Ranch Multiple Listing Service
Last updated: 2025-02-06T22:21:08.000-05:00.
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