Online Auction Ends May 31 2022 by Cory Craig Auctioneer

Maxwell Farms Prime Farmland Auction
Tuesday, May 31 @ 6:00 P.M.
(Live & Online)

*360 Ac. Sangamon County, IL*

Farm is located: Approx. 6 miles west of Auburn, IL & 2 miles north (signs will be posted on Gibson Rd., Rakes Rd, & Rhea Park Rd.)

Auction will be held at Auburn Community Center, 153 N. Fifth St. Auburn, IL

ONLINE BIDDING AVAILABLE @ corycraig.com

Farm will be sold by “choice method”
Choice of (7) 40 acre tracts & (1) 80 acre tract.
High bidder will have the option to take any or all tracts.

•360 Acres
Legal Descriptions:
*Loami Township 160 +/- Acres (Rhea Park Rd)
The south 1/2 of the Southwest 1/4 of Sec. 27, the southeast 1/4 of the Southwest 1/4 of Sec. 28, and the Northeast 1/4 of the Northeast 1/4 of Sec. 33, all being situated in Township 14 North, Range 7 West of the Third Principle Meridian, Loami Township, Sangamon County, IL

*Maxwell Township 120 +/- Acres (south 40 Ac. on Gibson Rd. & (2) east/west 40 Acre tracts on Rakes Rd.)
The Northwest 1/4 of the Northwest 1/4 and the Southeast 1/4 of the Northwest 1/4 of Sec. 33 and the Northeast 1/4 of Sec. 32, all being situated in Township 14 North, Range 7 West of the Third Principle Meridian, Maxwell Township, Sangamon County, IL

*Maxwell Township 80+/- Acres (The (2) North/South 40 Acres on Rakes Rd)
The Northeast 1/4 of the Northwest 1/4 of Sec. 33 and the Southeast 1/4 of the Southwest 1/4 of Sec. 28, all being situated in Township 14 North, Range 7 West of the Third Principle Meridian, Maxwell Township, Sangamon County, IL

PIN’S:
TRACT 1:
27-33.0-100-004/40 Acres
2021 TAXES:$1,574.96
PI:134.2
Tillable: 38.5 acres

TRACT 2:
27-33.0-100-002/40 Acres
2021 TAXES:$1,323.90
PI:131.4
Tillable: 36 Acres

TRACT 3:
27-28.0-300-002/40 Acres
2021 TAXES:$2,076.60
PI: 142
Tillable: 39.5 Acres

TRACT 4:
27-33.0-100-001/40 Acres
2021 TAXES:$1,134.78
PI:131.4
Tillable: 36 Acres

TRACT 5:
27-32.0-200-004/40 Acres
2021 TAXES:$1,313.70
PI:133.5
Tillable: 36 Acres

TRACT 6:
27-28.0-400-005/40 Acres
2021 TAXES:$1,940.20
PI:140.8
Tillable: 39 Acres

TRACT 7:
27-33.0-200-002/40 Acres
2021 TAXES:$1,856.18
PI:140.8
Tillable: 37 Acres

TRACT 8: (80 Acres)
27-27.0-300-003 /40 Acres
2021 TAXES:$1,823.54
27-27.0-300-004/40 Acres
2021 TAXES:$1,953.62
PI:141
Tillable: 76 Acres

*Farm 9941
Cropland: 340.8
Farmland: 359.6
Corn: Base Acres: 168.33
PLC Yield: 178
Soybeans: Base Acres: 153.47
PLC Yield: 53

*360 Acre 10 Year Yield History:
Soybeans: 73
Corn: 224
3 year yield history
2019
Corn: 231
Soybeans:71
2020
Corn: 260
Soybeans:83
2021
Corn: 253
Soybeans:80

*Soil Fertility Test (360 Acres)
P 59 K 380 PH 6.3

Soils:
43A Ipava 52.5%
**86B Osco 21.3%
**259C2 Assumption 0.4%
705A Buckhart 7.8%
50A Virden 3.2%
**127C2 Harrison 2.8%
**705B Buckhart 1.7%
3107A Sawmill 0.5%
**259D2 Assumption 0.4%
45A Denny 0.2%
249A Edinburg 0.0%
PI: 137.5 (Entire Farm)
(See map on web site)

Farm is currently under crop share for the 2022 crop season
Buyer(s) will receive 1/2 of the 2022 crop & pay 1/2 the inputs.
Call Auctioneer for input package 217-971-4440 or email cory@corycraig.com
Buyer(s) will receive possession of land after fall crop harvest.

Tim Lash is current tenant on the farm. Tim is a neighbor and has been on the farm for the past 37 years and has done an excellent job on the entire farm.

Tile: Farm has older tile, however, in 2012 tile was replaced w/ 6” tile and also installed 12” tile on the east 80 Ac. & the north 40 Ac. on Rhea Park Rd.

Farm is currently in the Nutrient Management Plan for the 2022 & 2023 Crop Years.
Decisions that are planned:
•Crop Rotations
•Reduced Tillage
•Cover Crops
•Grassed Waterways
•Grass Buffer Strips

*Since 1993 farm has been enrolled in VRT program offered by FS, grid samples every 4 years.
FARM HAS HAD THE BEST MANAGEMENT!

TERMS AND CONDITIONS:
10% Down day of Auction with balance due at closing on or before Tuesday, July 5, 2022.
Buyer(s) will be required to enter into a non-negotiable written contract agreement day of auction. Seller will pay 2021 Real Estate Taxes, buyer(s) will assume all taxes thereafter. Title policy showing merchantable title will be furnished subject to the permitted exceptions and title company’s usual and customary exceptions. Seller shall convey all of Seller’s rights and interests in and to the minerals.
Seller’s will agree to participate in a 1031 like kind exchange.
Prairie Land Title Co., 3301 Constitution Dr. Suite A, Springfield, IL. 217-726-0617, will be responsible for all title work & the closing. Have your pre-approved financial arrangements made prior to bidding. Seller reserves the right to accept or reject any or all bids.
Announcements day of auction take precedence over printed matter. Information in this ad is considered accurate, however, it is subject to verification and no liability for errors or omissions is assumed.

Maxwell Farms, LLC
Roy & Rick Michael, Owners
Randy Segatto, Atty.
Barber, Segatto, Hoffe, Wilke & Cate
Springfield, IL 217-544-4868

AUCTIONEER’S NOTE:
Prime Farmland! Class “A” Soils!
Great Location! Close to Grain Terminal. Farm has had the best of care. Plan to attend this auction- LIVE OR ONLINE!
-CORY