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John M. Hanson, LLC Farms Auction

Auction Property


Property Overview Details
SOLD FOR $12,900/acre
County: McLean, IL
Acres: 238.7 +/-
Type: Farmland
Listing price: Live In-Person Auction with Remote Bidding Option

Contact Information
Mark Smith - #6 Heartland Drive Suite A
Bloomington, Illinois
Phone: 309-665-0053

LAND AUCTION – 11/30/2022

The John M Hanson Enterprises, LLC Farms will be offered at public auction November 30, 2022 at Evergreen FS Auditorium in Bloomington, IL at 10AM. This 160+/- Acre Tract 1 and 78.7+/- Acre Tract #2 located between Arrowsmith and Saybrook in eastern McLean County, IL is comprised of productive Saybrook, Sable, Sawmill and Wyanet soils that are predominant in the area. Strong yield histories combined with many years of soil conservation farming practices by the previous tenants on this land make them uniquely positioned for the future. Soil fertility has been well maintained and some reimbursement for limestone applications will be required from the Buyer(s). The weighted soil productivity index on Tract #1 is 133 and Tract #2 is 128.8. Each tract also contains some CRP Filter Strips along the open ditches that provide outlets for drainage.  These CRP contracts are at very attractive rental rates.  There are no building improvements on the farm and open tenancy exists for the 2023 crop year.

Contact Broker and Farm Manager on this property, Mark Smith in our Bloomington office at 309-665-0053 or mrsmith@firstmid.com for a complete brochure and details. Auctioneer David Klein can be reached at 800-532-LAND.

The live, in-person auction will be held at 10:00 AM on Wednesday, November 30, 2022, at the Evergreen FS Auditorium 402 N Hershey Rd, Bloomington, IL 61704. Virtual online bidding will be offered to those wishing to bid remotely.

Remote bidding for qualified bidders via our online bidding platform can be reached at our website a few days prior to the auction, or through the First Mid Ag App on your mobile device through the Apple or Google Play app stores. If you have any questions regarding the process, please contact Auctioneer, Justin Wheeler 217-421-9615.

If bidding online, please register to bid by 5:00 PM the night before the auction.

Tract 1: Sold $12,900/acre
Tract 2: Sold $12,900/acre

Disclaimer: The information provided is believed to be accurate and representative. It is subject to verification and no liability for error or omissions is assumed. 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. Plat Map reprinted with permission of Rockford Map Publishers, Inc.