Hanfelder Farm - SOLD

A great opportunity to own a property with a convenient location that offers it all: income from tillable acreage, recreational land, and potential for residential use. This 38.38±-acre farm offers 18.08 acres of tillable land producing income plus 20 acres of wooded land with a small spring-fed pond!

County: Madison

Total Acres: 38.38

Tillable Acres: 18.08 

Type: Farm

Price: $299,000

  • Location:

The Hanfelder Farm is conveniently located just east of Interstate 255 on Arlington Drive, north of Horseshoe Lake Road and east of Hwy 111.

 

  • Legal Description:

Part of the Southwest ¼ of the Southeast ¼, Section 13 of Nameoki Township, Madison County, Illinois.

 

  • Soil Productivity:

The 18.08± tillable acres (per FSA) have an average Productivity Index rating of 113.7 per Optimum Crop Productivity Ratings for Illinois Soil by K.R. Olson and J.M. Lang, Office of Research, ACES, University of Illinois at Champaign-Urbana. Version: 1/2/2012 Amended Table S2 B811.

 

  • Farm Operator and Lease

The Hanfelder Farm is presently operated by Relleke Inc. under the terms of a cash rental agreement for the 2023 crop year. 

 

  • Tax Information:

2021 taxes (paid in 2022) totaled $398.36. 38.38 acres per Madison County Assessor.

 

  • Sale Terms:

The buyer will be asked to sign a written contract to purchase the Hanfelder Farm. A 10% earnest money downpayment will be required upon contract signing. The balance will be due at closing. Possession will be granted at closing, subject to tenant rights. The farm will be free of a farm lease for 2024.

 

  • Listing Price:

The Hanfelder Farm is being offered for sale for $299,000. To learn more or to make an offer, contact the Seller’s Designated Representative and Managing Broker, Josh Young at 217.851.0242.


Property Type

Land


Total Lot Size

38.38 acre(s)

Property Sub-Type

Agriculture


No. of Lots

1

Managing Broker: Joshua Young

217-851-0242

Josh is a farmland specialist offering brokerage services. He has an appraisal and farm management background having grown up on a 2,500-acre grain farm in Macoupin County as a fifth-generation farmer.



With a degree in Agricultural Economics from the University of Illinois, Josh is an Illinois certified general appraiser specializing in the valuation of agricultural and recreational land.


As a Broker, Josh is anxious to use his farm-related background to assist buyers in finding the farm that best fits their personal investment criteria.

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