Filters are unavailable on mobile devices. A small pond and timbered stream provide water for wildlife all ye, This timber frame home stands out from the rest. This dynamic continues to be extremely supportive to land values. It has a newer 1,820 sq ft' manufactured home that is very secluded and sits at the end of a long drive in the center of the property. A nice lane on the east side of the farm takes you back to the pond and recreational area where a creek flows into the pond. If you wish to report an issue or seek an accommodation, please let us know. Located near the front of the farm are 12.24 acres of tillable that carry an average P.I. The main home is a 2-story farmhouse with tons of character. The newly remodeled three bedroom, two bath home sits on top of a big hill overlooking the farm. Property Location - Address: 000 Michael Rd Sparta, IL 62286 Perfect mix of tillable and wooded acres. Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Farmland values and turnover was virtually unchanged from the previous year. From 1995 through 1999, average farm real estate values increased between 4.2% and 9% annually. Access to property from IL Hwy 3 and from Pleasant Ridge Road. Government Policy An enormous amount of money was paid out through various government programs in 2020. For more information read ourGeneral Disclaimers andSecurities Matters and for a more complete description of these investment risks clickAcretrader General Risk Document. Formerly used as a cattle farm, the pastureland could be restored. Brown says using 2019 numbers, it costs about $400 an acre to plant corn on ground that may yield 150 bushels per acre. EST. Approximately 66.8 acres are tillable as one field and carry a weighted productivity index rating of 111.3. The main home is a 2-story farmhouse with tons of character. The average price of rural properties, ranches and hunting land for sale here is $389,367. improve the long term value of land by boosting soil health, improving water retention, and The most recent release, September 2019, showed county-level rental rates for non-irrigated cropland ranging from less than $10 per acre in several Western states to more than $250 per acre across portions of the Corn Belt in Illinois and Iowa. WebThe average price of rural properties and land for sale here is $303,057. The property offers stunning home sites boasting some of the most breathtaking views in the Waterloo area. Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. All rights reserved. Illinois