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Farmland For Sale Jesse J. Schmid Farms 3 Tracts of Prime Farmland Tract #1 - 78.94 Acres Tract #2 - 78.50 Acres Tract #3 - 78.15 Acres Chester and Aetna Townships Logan County, Illinois The Jesse J. Schmid Farms are located six miles southeast of Lincoln, Illinois (three miles northwest of Chestnut, Illinois) in highly productive Logan County. These three tracts of land have productivity indexes ranging from 139.6 to 142.4! Soils include Ipava, Sable and Tama. Don’t miss this investment opportunity to buy an individual tract or all three farms together. Heartland Ag Group Ltd. signs mark the property.

Jesse J. Schmid Farms - Heartland Ag Group · As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services

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Page 1: Jesse J. Schmid Farms - Heartland Ag Group · As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services

Farmland For SaleJesse J. Schmid Farms

3 Tracts of Prime FarmlandTract #1 - 78.94 AcresTract #2 - 78.50 AcresTract #3 - 78.15 Acres

Chester and Aetna TownshipsLogan County, Illinois

The Jesse J. Schmid Farms are located six miles southeast of Lincoln, Illinois (three miles northwest of Chestnut, Illinois) in highly productive Logan County. These three tracts of land have productivity indexes ranging from 139.6 to 142.4! Soils include Ipava, Sable and Tama. Don’t miss this investment opportunity to buy an individual tract or all three farms together. Heartland Ag Group Ltd. signs mark the property.

Page 2: Jesse J. Schmid Farms - Heartland Ag Group · As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services

q LocationThe Jesse J. Schmid farms are located six miles southeast of Lincoln (three miles northeast of Chestnut) in Logan County. Access is provided to each tract by township roads. Our Heartland Ag Group Ltd. signs mark the property.

q Legal DescriptionThe following brief legals generally located the property. A complete legal will be avialable in the title insurance policy.

q Aerial Photograph

q Soil ProductivitySoil types and productivity ratings on the Jesse J. Schmid farmland (as published by the University of Illinois, Department of Agronomy in circular 811 & 1156) are as follows:Tract #1 - 78.94 Acres % of Productivity ProductivitySoil # Soil Type Acres Farm Index (811) Index (1156)68 Sable silty clay loam 36.59 46.4% 143.0 155.043 Ipava silt loam 34.29 43.4% 142.0 160.0705 Buckhart silt loam 5.65 7.2% 140.6 148.5705 Buckhart silt loam 2.41 3.0% 142.0 150.0 Weighted Averages 78.94 100% 142.4 156.6 Non-tillable 0.00 Total 78.94 Tract #2 - 78.5 Acres % of Productivity ProductivitySoil # Soil Type Acres Farm Index (811) Index (1156)68 Sable silty clay loam 37.59 47.9% 143.0 155.043 Ipava silt loam 19.88 25.3% 142.0 160.0244 Hartsburg silty clay loam 12.46 15.9% 134.0 140.0705 Buckhart silt loam 8.57 10.9% 140.6 148.5 Weighted Averages 78.50 100% 142.4 156.6 Non-tillable 0.00 Total 78.50Tract #3 - 78.15 Acres % of Productivity ProductivitySoil # Soil Type Acres Farm Index (811) Index (1156)68 Sable silty clay loam 27.40 36.7% 143.0 155.0737 Tama silt loam 23.47 31.4% 137.6 148.543 Ipava silt loam 11.25 15.1% 142.0 160.0748 Plano silt loam 10.62 14.2% 133.7 138.6748 Plano silt loam 1.90 2.6% 140.6 148.5 Weighted Averages 74.64 100% 142.4 156.6 Non-tillable 3.51

Total 78.15 Aerial photograph was provided by the AgriData. Inc.

Reprinted with permission of Rockford Map Inc.

Tract #1 - 78.94 acres in Section Twenty (20), Aetna Township, Township Nineteen (19) North, Range One (1) West of 3rd PM, Logan County, Illinois.

Tract #2 - 78.50 acres in Section Eighteen (18), Aetna Township, Township Nineteen (19) North, Range One (1) West of the 3rd PM., Logan County, Illinois.

Tract #3 - 78.15 acres in Section Thirteen (13), Chester Township, Township Nineteen (19) North, Range Two (2) West of 3rd PM, Logan County, Illinois.

Tract #1

Tract #3

Tract #1

Tract #2Tract #3

Tract #2

Page 3: Jesse J. Schmid Farms - Heartland Ag Group · As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services

q Soil Map

q FSA DataThe following information was provided by the Logan County Farm Service Agency (FSA) office in Lincoln, Illinois:

Farm No: (Tracts #1 & #3) 6699 Cropland Acres 155.83 Corn Base Acres 108.00 Direct Payment Corn Yield 132 Counter-cyclical Payment Corn Yield 132 Soybean Base Acres 47.10 Direct Payment Soybean Yield 41 Counter-cyclical Payment Soybean Yield 41

Farm No: (Tract #2) Cropland Acres 79.60 Corn Base Acres 50.00 Direct Payment Corn Yield 127 Counter-cyclical Payment Corn Yield 134 Soybean Base Acres 29.60 Direct Payment Soybean Yield 31 Counter-cyclical Payment Soybean Yield 37

Note - The Logan County FSA office has verified that there are no highly erodible acreages identified on these three farms. The wetland determinations are incomplete.

q Tax InformationThe Logan County Treasurer has provided the following real estate tax information on the Jesse J. Schmid farmland: 2013 2013 Taxes RateTract Parcel ID # Acres Assessed Value Payable in 2014 Per Acre#1 03-200-003-00 78.94 $38,100 $2,993.34 $37.92#2 03-018-004-00 78.50 $34,170 $2,688.90 $35.25#3 07-013-004-00 78.15 $31,080 $2,444.50 $31.28

q Farm Operator and LeaseJesse J. Schmid (owner) was the farm operator on this land for year 2014. There is no lease in place for year 2015. The purchaser has the right to farm the land in the upcoming season.

q Title InsuranceThe seller shall provide a title insurance policy on the amount of the purchase price for the tract of land purchased. A preliminary title commitment will be furnished upon request. Please give us a call.

q Terms and Conditions of SaleThe buyer(s) will be asked to sign a written contract to pur-chase the Jesse J. Schmid farmland. Heartland Ag Group Ltd. will make copies of that contract available at your request. A 10% down payment is required upon signing the contract. The balance will be due in 30 days.

q DisclaimerAlthough the information contained in this brochure is considered to be accurate, no representation or warranties to that effect are being made. This information is subject to verification and no liability for errors or omissions is assumed.

All buyers are invited to make an inspection of the property after calling Heartland Ag Group Ltd. for an appointment.

q Listing PriceHeartland Ag Group Ltd. is offering the Jesse J. Schmid farmland for sale as follows:

Tract #1 - 78.94 acres @ $13,500 per acre = $1,065,690Tract #2 - 78.50 acres @ $13,500per acre = $1.059,750Tract #3 - 78.15 acres @ $11,500 per acre = $898,725

q Real Estate BrokerReal Estate Broker Heartland Ag Group Ltd. is pleased to offer this property to you. You may contact us as follows:

Dale E. Aupperle, AFM, ARA President - Heartland Ag Group Ltd. 1401 Koester Drive, Suite 100 Forsyth, IL 62535 Office: (217) 876-7700 Fax: (217) 876-7724 E-mail: [email protected] Web: www.heartlandaggroup.com

Tract #1 Tract #2 Tract #3

Page 4: Jesse J. Schmid Farms - Heartland Ag Group · As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services

Heartland Ag Group Ltd. 1401 Koester Drive, Suite 100 Forsyth, IL 62535

- Call today for a copy of Heartland Ag Group’s real estate newsletter the Farmland Barometer. -

Heartland Ag Group, Ltd.1401 Koester Drive, Suite 100Forsyth, IL 62535Office: 217-876-7700Fax: 217-876-7724E-mail: [email protected]: www.heartlandaggroup.com

Experience & Expertise in Farmland Marketing

Dale E. AupperlePresident

Ryan E. AupperleFarm Manager

q Real Estate Sales/Acquisitions and AuctionHeartland Ag Group Ltd sells farms for investors and farmers and acts as a broker in locating properties for prospective clients to purchase. As a joint-venture partner with Martin Auction Co., Inc. in Clinton, Illinois, Heartland Ag also offers farm real estate auction services.

q Rural AppraisalJeremy L. Crouch, is a State Certified General Appraiser with experience in farmland valuations ranging from estate appraisals to complex land divisions.

q Farm ManagementOur team provides detailed farm management services to those who own farmland but do not operate it. Commodity marketing and soil conservation are two areas of specialization.

Jeremy L. CrouchFarm Manager