00 Terry Park Rd, Palmyra, IL 63674

Property Description

AUCTION LISTING - List price is not indicative of Seller’s final reserve amount. This property is part of an online bidding event. This sale will be executed with a no-contingency contract provided by brokerage representing the Seller. See MLS Supplement Document for complete details. These 132 flat to gently rolling acres are conveniently located 2.5 miles from Palmyra and Modesto, IL. The Farm Service Agency figures there to be 93.75 acres of tillable land with 31.16 acres in CRP and the balance in mature hardwoods. The soils consist mostly of Keomah, Clarksdale, Rozetta, and Fishhook silt loams with the average Productivity Index of 117. The CRP contracts are going in effect 10/01/2026 and will expire 09/30/2036. Tract #1996 has 1.32 acres of CRP paying $223.58 per acre and Tract #1997 has 29.84 acres of CRP paying $190.40 per acre. The Landes farm offers excellent hunting and recreation and being adjacent to the Palmya/Modesto Lake makes it even better. The Palmyra/Modesto Lake offers fishing with species consisting of Bluegill, Channel Catfish, Crappie, and Largemouth Bass. Fishing by boat is also acceptable with trolling motor only. If you’re looking for highly productive cropland and phenomenal hunting and recreation in Macoupin County, IL be sure to check out the Landes Farm. To top it off, it’s only 28 miles to Chatham, 30 miles from Jacksonville, and 84 miles from Chesterfield, MO. Special Note: New CRP contracts have been approved. The start date is 10/01/2026 and the expiration date is 09/30/2036. Contract #12373 is for 29.84 acres paying $190.40 per acre - annual payment of $5,682.00. Contract #12374 is for 1.31 acres paying $223.58 per acre - annual payment of $295.00. The new owners can choose to continue with the contracts or opt out at a minimal cost.