77 +/- Acres Highly Productive Farmland – Shelby County, Illinois
Property Facts
- Listing Number
- MR258777AU
- Property Type
- Auctions
- Subtype
- Farm Real Estate
- Location
- Shelbyville, Illinois, Shelby
- Acres
- 76.56
- Units
- 0
- Market
- Central Illinois
- Broker
- Matt Rhodes
- Status
- Pending
Property Description Comments
Property Details
The Miller Farm lays very well with a gentle slope allowing surface water to exit the farm to the northeast and the south providing excellent overall drainage. The property is highly efficient, square in shape with frontage along the north to 900 N and along the west to 1400 E. The property is located 4 miles southwest of Shelbyville and 1 mile northeast of Lakewood in Section 4 of Lakewood Township, Shelby County, IL.
The property has been well-maintained and boasts a tremendous yield history. 4-year corn average of 216.7 bu/ac and 4-year soy average of 61.2. Most recent soil test results were 6.36 pH, 52.5 P, 216.7 K.
The property primarily consists of Oconee-Darmstadt Silt Loam soils with smaller portions of Huey Silt Loam, Bluford Silt Loam, Cowden Silt Loam, Virden Silty Clay Loam, Piasa Silt Loam and Oconee Silt Loam. The overall Soil PI is 105.2. The North Tract Soil PI is 101.7 and the South Tract Soil PI is 108.7.
The North Tract contains a small shed and the South Tract is not improved.
The Miller Farm is being offered with an open lease for the 2026 crop year.
The farm will be sold at a live auction event at The Foxmore, 222 E. Main St., Shelbyville, IL at 1 P.M. CST on Wednesday, January 28th, 2026. Online bidding is available and online bidders must pre-register.
FSA Information:
Farm#: 1373
Tract#: 2269
FSA Cropland Acres: 73.69
HEL Status: NHEL (Non-Highly Erodible)
Land Features
- Total Acreage: 76.56 Surveyed Acres; Soil PI 105.3
- North Tract: 37.93 Surveyed Acres; Soil PI 101.7
- South Tract: 38.63 Surveyed Acres; Soil PI 108.7
Values and Attributes
- Highly Efficient, Highly Tillable Farmland
- Excellent Drainage
- Excellent Yield History
- 2025 – 59 bu/ac Soy
- 2024 – 220.14 bu/ac Corn
- 2023 – 66.1 bu/ac Soy
- 2022 – 227.56 bu/ac Corn
- 2021 – 64.1 bu/ac Soy
- 2020 – 191.52 bu/ac Corn
- 2019 – 55.52 bu/ac Soy
- 2018 – 227.43 bu/ac Corn
Legal Description and Taxes
Part of the W 1/2 of the NW 1/4 of Section 4, Township, 10 North, Range 3 East of the 3rd Principal Meridian, Lakewood Township, Shelby County, IL. Final legal description subject to survey.
2024 RE Taxes Paid in 2025: $1,615.60, or $20.88/taxable acre
The shed on the North Tract contributes $300 to the Assessed Value or approximately $17.51 in total tax.
The property lies within the Shelbyville Unit #4 School District.
The Seller will provide a credit at closing for the 2025 RE Taxes Due in 2026 and the buyer will be responsible for the tax bill due in 2026. The credit will be pro-rated for the surveyed acreage for each separate tract, if necessary, based on the most recent available information at the time of closing.
View / Download the Preliminary Title Commitment HERE
Directions
From Cowden: Travel north on IL Route 128 seven miles to CR 950 N, turn west and follow road to CR 900 N to the northeast corner of the property.
Watch for signs!
Brochure
https://auctioneersoftware.s3.us-east-1.amazonaws.com/gflr/2025/12/eHfuj2OgF4kdeVuL5YgYGAyz.pdf
Online Auction
Broker Contact
Broker & Licensed Appraiser | Email: matt.rhodes@gfarmland.com | Office: (217) 251-7067 | Mobile: +1 2172517067
