Burgett Family Farms - 80 Acres

General Information
Although the information contained in this brochure is considered to be accurate, no representation of warranty to that effect is being made. The information contained herein is subject to verification and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The seller furthers reserves the right to reject any and all offers. All inquires, inspection, appointments, and offers must be channeled through: Ronald Pierce/Real Estate 8410 N. CR 1800 E. Charleston, IL 61920 Cell: 217-254-6306 Work: 17-348-0803
Sold
Off
Owners
Burgett Family Farms Partnership
Total Acres
80 Acres
Terms
The terms being offered are cash. A 10% earnest money deposit is required with the offer to purchase, with the balance being due at closing.
Location
The farm is located in Sections 4 and 5, Township 15 North, Range 14 West, Newman Township, Douglas County, Illinois.

PIN: 07-12-04-100-007 - 1/2 of 007 - 40 Acres
07-12-05-200-003 - 40 Acres
Possession
Possession will be given per terms of the Purchase Agreement.
Tillable Acres
81.435 tillable acres as per FSA.
CFSA Farm
FSA farm 6935 tract 1199.
Yield Information

This farm has a total of 81.435 tillable acres which is farmed by Harbaugh Farms.

                                           

                                           PI - 135.4

Specific Soils

The primary soil type found on subject property is Drummer and Milford.

Address

8410 N. CR 1880 E.
Charleston, IL 61920
United States

Lease Information

The common lease terms in this area are a 50-50 crop share lease, and cash rental arrangements which are becoming increasingly popular.  Under the more typical 50-50 crop share lease, the tenant furnishes the labor and the machinery, and the landowner furnishes the land and pays the taxes.  All direct costs associated with growing the crop are split 50-50. These costs would be such items as fertilizer, seed, chemicals, and other inputs directly involved in growing the crop, but not to include machinery or lab or expense.

     The farm is operated by Harbaugh Farms for the 2026 crop year but will be sold lease-free for the 2027 crop year.  Possession will be per terms of Purchase Agreement.  Any Governmental payments that might be paid on 2026 crop are retained by Seller, whether disbursed in 2026 or a later date.

     The Harbaugh Family would be interested in continuing to lease the farm from the new owners.

Improvements
None
Drainage
Average and adequate
Real Estate Taxes

ID NUMBER                                        ACRES                2026 TAXES

07-12-05-200-003                                 40                    $1,640.86

07-12-04-100-007 (1/2)                         40                    $1,789.77

                 Total                                     80                    $3,430.63

                 Average tax per acre = $42.88

Fertility
The fertility of this farm has been maintained to produce the estimated yields.
Mineral Rights
All mineral rights of the seller will be transferred to the buyer.
Topography
The topography of the farm is flat.
Grain Markets
The nearest grain market facility is located at Tuscola Illinois.
Financing
Bidding is not conditional upon financing, or any buyer or lender inspections. Be certain you have arranged financing, if needed, and are capable of paying cash at closing.
Access and Frontage
Township Road 2625 East borders the farm on the East and Township Road 925 North borders the farm on the North. All roads provide excellent access to the farm.
Utilities
Electric
Zoning

The farm is zoned for agricultural use.

Terms of Service

Seller:  Burgett Family Farms Partnership

Sale Method:  This is a PRIVATE SALE

                       Please contact Ronald Pierce at 217-254-6306

Contract:  Buyer will enter into a contract with a 10% down payment, and the d=balance due at closing.  All property will be sold "as is, where is"

Financing:  Any offer is not conditional upon financing, or any buyer or lender inspections.  Be certain you have arranged financing, if needed, and are capable of paying cash at closing.

Title:  A title policy in the amount of sales price to be furnished to the respective purchasers by Seller.

Lease & Possession:  Tenancy is open for the 2027 crop year, possession can be taken after closing.  Seller will retain the Landowner's share of 2026 rents, crop sales , and governmental proceeds.

Real Estate Taxes:  2025 real estate taxes payable in 2026 have been paid by the Sell.  2026 real estate taxes payable in 2027, to be credited to the Buyer by the Seller at closing based on the most recent information.  All future year's real estate taxes, to be paid by the Buyer.

Agency - Ronald R. Pierce, Broker and Michael Stanfield Auctioneer are designated agents and represent only the Seller in this transaction.