Details

SOLD

Sale Date: Wednesday, August 30, 2023 10:30 AM

Sale Location: Brewster Minnesota American Legion Hall 825 Third Avenue in Brewster, MN.

Bid Online

Documents and Maps

Key Features

Prime 37.57+/- Acre Hersey Township Farmland Auction

Description

37.57+/- acres of prime Noble County, Minnesota farmland. Property has a 95.6 Crop Productivity Index Rating. It is an inside tract of land with nearly 100% FSA tillable acres and no road right of way. Access to the property is off County Road #1 via a recorded easement.

Location

From the junction of Highway #60 & County Road #1 at Brewster Minnesota approximately 3/4 mile southeast on County Road #1. Watch for auction signs.

 

Legal Description

NE1/4 SE1/4 & 20' STRIP OF TRACT C (ROAD), & 10' STRIP OF TRACT I & OF TRACT D, EXC. 3.23 ACRE TRACT 25-103-39 NOBLES COUNTY, MN.

Nobles County Parcel # 23.0302.000

 

FSA Information

See that information in the Property Prospectus Information Booklet.

Soils

See that information in the Property Prospectus Information Booklet.

Surety/Agridata Avg

See that information in the Property Prospectus Information Booklet.

Tile

Limited information is avaiable at this time. If additional information become available it will be added to the information booklet. See that information in the Property Prospectus Information Booklet.

Improvements

None

Real Estate Taxes

See that information in the Property Prospectus Information Booklet.

Method of Sale

The Debus Trust land will be offered as 1 parcel of 37.57+/- acres.

Method of Bidding

Live in person public auction. Everyone is welcome to attend. No Buyers Premium will be charged. What you bid is what you will pay.

Possession

Property is be sold subject to a 2023 cropland lease with the seller retaining all rights to the 2023 cropland lease payments. Possession will be granted for 2024 to the buyer.

Terms

The farm is being sold subject to a cropland lease for 2023 with the Seller’s retaining all 2023 cropland lease payments. The Buyer 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 or before October 2, 2023 with the balance being due and payable in full at closing. The sale will NOT be contingent upon any buyer financing. The Seller shall pay all 2023 real estate taxes and the buyer is responsible for all real estate taxes that are due and payable in 2024 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 sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.

ONLINE BIDDING OPTION

Interested parties that cannot attend the auction in person can use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. Buyer is responsible for understanding our multi-parcel bidding process prior to bidding. Please call at least 24 hours ahead of sale if bidding online if you have questions regarding it. For those that wish to participate, but don’t have access to an internet connection and would rather bid by phone that can be arranged as well by calling the Dan Pike Auction company at least 24 hours ahead of the auction to register and make arrangements. This property will be offered via both Live & On-line webcast public auction. Those parties bidding on-line will be required to wire transfer the earnest money and sign the purchase agreements the day of the auction. There will be NO “Buyers Premium” charged to those bidding on-line or in person.

 

Comments

AUCTIONEER’S NOTE

We are very honored to have been asked to represent the Mary Ann DeBus 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 very good 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 10:30 A.M. sharp, so don’t be late.

 

Listing Agent

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