f Dan Pike Auction Company & Land and Farm Services Unlimited

Details

Sale Pending

Selling Price: $7,900 per acre

Sale Date: Thursday, November 19, 2020 10:00 AM

Sale Location: Sale Location: Lakefield American Legion Hall 413 Main Street Lakefield, Minnesota

Bid Form

Documents and Maps

Key Features

110 Acres of Prime Jackson County, Minnesota Bare Farmland

Location

From the I-90 interstate exit at Lekefield, Minnesota 1-1/2 miles south on Highway #86 to Jackson County #34, then 2-1/2 miles west. Watch for auction signs.

Legal Description

Northwest Quarter except West 50 Acres in Section Twenty Five (25), Township One Hundred Two (102) North (Rost Township), Range Thirty-Seven (37) West Jackson County, Minnesota.
Jackson County Parcel #15.025.0300.

FSA Information

See property Information booklet.

Soils

See property Information booklet.

 

Surety/Agridata Avg

See property Information booklet.

Tile

See property Information booklet.

Improvements

None

Real Estate Taxes

See property Information booklet.

Method of Sale

Live Public Auction at the Lakefiled American Legion Hall at 413 Main Street in Lakefield, Minnesota on Thursday, November 19th at 10:00 A.M. (In case of Inclement Weather/Blizzard back up date would be 11/20/2020 at the same time. Watch our web site for updates should weather be poor.)

Method of Bidding

Live Public Auction

Possession

2021 Crop Year

Terms

The property will be offered in One – 110-acre tract. The Buyer or Buyers shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on December 29, 2020 with the balance being due and payable in full at closing. Farm is being sold subject to a cropland lease for 2020 with the Sellers retaining the 2020 lease. The sale will NOT be contingent upon any buyer financing. The buyer is responsible for all real estate taxes that are due and payable in 2021 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the seller’s approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.

 

Comments

We are very honored to have been asked to represent the Post Trust with the sale of this property. Please come prepared to purchase as the sellers have chosen the auction method to market this property. If you are considering the purchase of good quality farmland to add to your investment portfolio this is an auction that you will want to attend. The information contained in this sale bill and other information provided by the sellers & their agents is believed to be correct, but is not guaranteed. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of property. The buyers shall make themselves familiar with the property and verify all information & data for themselves. The auctioneers and the sales staff are representing the seller. This auction is open to the public. We look forward to seeing everyone at the auction. Remember that the auction begins at 10:00 A.M. sharp, so don’t be late.

 

Listing Agent

For More Information Contact:

Questions? Contact Us