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Land Sale Information 3151 Greenhead Drive Springfield, Illinois 62711 Presents: Marshall Toney Trust Farm 228.84 Acres +/- Auburn Township Sangamon County, lllinois Thomas L. Toohill, Broker (217) 547-2885 David E. Klein, Managing Broker (309) 665-0961 (800) 532-LAND GENERAL INFORMATION SELLERS: Bank of America, N.A. as Trustee for The Marshall Toney IR Trust DESCRIBED AS: 149.25 acres in the Northeast Quarter of Section 8, Township 13 North, Range 6 West of the Third Principal Meridian and the West ½ of the Northwest ¼ of Section 9, Township 13 North, Range 6 West of the Third Principal Meridian all in Sangamon County, Illinois, containing 228.84 acres more or less. LOCATION: 1 mile west of Auburn, Illinois or From Springfield, IL, go south on Interstate 55 approximately 10 miles to Exit 82 at IL Route 104. Go west 7 miles to the property at 7251 Illinois Route 104, Auburn, IL or 39.588970 Latitude, -89.780371 Longitude. LISTING PRICE: $12,500/acre on 228.84 acres +/-, or $2,860,500.00 www.soycapitalag.com INQUIRIES REGARDING THE FARM MAY BE MADE TO: David E. Klein, Managing Broker (800) 532-LAND [email protected] Thomas L. Toohill, Broker (217) 547-2885 [email protected] TERMS AND CONDITIONS CONTRACT: Buyers will enter into a contract with a 10% down payment required with the balance due within 45 days of contract signing. LEASE & POSSESSION: Seller will grant to the Buyer possession at closing, subject to the rights of the tenant farmer. The Seller will retain ownership of 2018 crops. TITLE: Title policy in the amount of the sale price, subject to standard and usual exceptions, to be furnished by the Seller to the Buyer. TAXES: The 2018 real estate taxes payable in 2019 to be paid by the Seller via credit at closing. All subsequent real estate taxes to be paid by the Buyer. MINERALS: All mineral rights owned by the Sellers will be conveyed. DISCLAIMER: The information provided is believed to be accurate and representative. However, it is subject to verification and no liability for error or omissions is assumed. All sketches, photo boundaries and dimensions in this brochure are approximate. Seller and Seller’s agent disclaim any and all responsibility for potential buyer’s safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of offering this property for sale. There are no warranties, expressed or implied, as to the information herein contained, and it is recommended that all buyers make an independent inspection of the property. AGENCY: Thomas L. Toohill is the designated agent with Soy Capital Ag Services, a Division of Soy Capital Bank and Trust Company. AREA MAP Toney Farm PLAT MAP To Springfield ~ 13 miles TO I-55 Reprinted with permission from Rockford Map Publishing, Inc. FARM INFORMATION REAL ESTATE TAX INFORMATION: Total Tax 2017 2017 Taxes Parcel # 2017 Tax Rate Acres Assessment Due 2018 34-08.0-200-001 79.59 $39,549 6.0913% $2,409.06 34-09.0-100-001 149.25 $75,661 6.0913% $4,608.74 Total real estate taxes paid in 2018:$7,017.80 Auburn Schools District #10, Lincoln Land Community College, Auburn Fire & Rescue YIELD HISTORY: Year Corn Soybeans 2017 217.0 71.6 2016 235.4 71.0 2015 204.4 68.9 2014 249.5 75.2 Average: 226.6 71.7 SOIL FERTILITY: Fall 2017 West of RR East of RR pH: 6.3 6.3 Phosphorus 66 65 Potassium 392 383 # of Grids /Acres 33 / ~81 52 / ~ 134.8 Averages of all grids sampled. (in lbs./ac.) BUILDINGS: Five older grain bins exist, with approximately 17,500 bushels capacity. One storage shed 24’ x 60’ or 1,440 square feet. AERIAL PHOTOGRAPH HEL Source: AgriData, Inc. FSA INFORMATION: FSA # / Tract # #54 – T1754 FSA Cropland Acres 220.96 Corn Base Acres 141.71 PLC Corn Yield 171 Soybean Base Acres 72.19 PLC Soybean Yield 57 Current Program County ARC Election There is a 3.7 acres of CRP Filter Strip along the creek paying $525 per year. Contract #1132, Contract Expires: September 30, 2021 FSA Farmland acres are 226.83 There are 3.62 acres of Highly Erodible Land in the southeast corner where a conservation plan is being actively applied with no-till practices. There has been no wetlands requested or determination made. SOIL MAP Source: AgriData, Inc. Soil Corn Soybeans Soil Name Soil # Acres Productivity Approx. % Bu/A Bu/A 811 Soil Ipava silt loam, 0-2% slopes 43A 131.97 191 62 142 59.7% Virden silty clay loam, 0-2% slopes 50A 54.61 182 59 135 24.7% Osco silt loam, 2-5% slopes 86B** 20.67 189** 59** 140** 9.4% Sawmill silty clay loam, 0-2% 3107A 5.79 189 60 139 2.6% slopes, frequently flooded Buckhart silt loam, 0-2% slopes 705A 4.04 190 61 142 1.8% Harrison silt loam, 5-10% slopes, 127C2** 3.32 166** 51** 121** 1.5% eroded Edinburg silty clay loam, 0-2% 249A 0.56 172 55 127 0.3% slopes Estimated Weighted Soil Productivity using Bulletin 811: 139.7 100% The University of Illinois updated Soil Productivity Ratings for Illinois in August, 2000 with Bulletin 811. The highest possible SOIL P.I. is now 147. For those that prefer to use the weighted corn yield PI, AgriData estimates a 188.1 weighted average and 60.7 on soybean yield PI for this farm. ** Indexes adjusted for slope and erosion according to Bulletin 811 Table S3. .
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