- 63 +/- Acres
- 52 +/- Tillable Acres
- Potential Building Site
- Mineral Rights Being Sold
- Owner willing to Split: North 40 +/- acres, South 23.13 +/- acres
- Tillable Acres have a PI of 101.4
- Road Frontage
This 63 +/- acre property is an income producing farm located just north of Effingham, offering approximately 52 +/- tillable acres. The soils on the tillable acres are Holton Silt Loam (making up 34.7 acres of the 52 tillable) and Wirt Loam (making up 15.5 acres of the 52 tillable). The PI average for tillable is 101.4, which is slightly higher than the county average of 98.
The owner is willing to divide the property if needed. The north property is 40 +/- acres and the south property is 23.13 +/- acres.
There are approximately 7 acres of non-tillable ground that is currently being used to produce hay. These 7 acres are also a good location for a potential building site. The elevated hill is close to the road and overlooks the rest of the bottom, making a very beautiful view any time of the year! Water and electric are close by, making the potential building site even better!
This property is adjacent to the Little Wabash River and is in the floodplain, however, the current tenant has not failed to raise a crop since he has been farming this property.
If the property is sold after March 1, the current tenant will continue farming the property while the buyer gets 1/3 share of all crops from the 2020 year. If the property is purchased before March 1, the new buyer has 100% farming rights and the current tenant will no longer have the farming rights to this farm.
Mineral rights are being sold with this property.
For more information or to schedule a showing, contact Cody Hinterscher (217) 663-2708