Details

Sale Pending

Selling Price: $14,300 / Acre

Sale Date: Thursday, November 2, 2023 10:00 AM

Sale Location: Lakefield American Legion at 413 Main Street Lakefield, Minnesota.

Documents and Maps

Key Features

Deeded Acres: 79.96+/-              FSA DPC Cropland Acres: 77.68+/-
FSA Corn Base: 46.68 Acres   FSA PLC Corn Yield: 168 bu.
FSA Soybean Base: 29.55 Acres    FSA PLC Yield: 46 bu.

Crop Productivity Index Rating: 94.4

Description

79.96+/- Acres Loacted in Heron Lake Township of Jackson County, Minnesota Farmland Auction

Location

Located on the east edge of Lakefield, MN

Legal Description

South Half of the Northeast Quarter (S1/2NE1/4) ex. 25.04 Acres & 25 Acres Located in the North Half of the Southeast Quarter (N1/2SE1/4) Section Thirty Three (33), Township One Hundred Three (103), Range Thirty Six (36) Jackson County, Minnesota.

Parcel # 08.033.0100 & 24.033.3215

FSA Information

Deeded Acres: 79.96+/-              FSA DPC Cropland Acres: 77.68+/-
FSA Corn Base: 46.68 Acres   FSA PLC Corn Yield: 168 bu.
FSA Soybean Base: 29.55 Acres    FSA PLC Yield: 46 bu.

Crop Productivity Index Rating: 94.4

Soils

See information booklet.

Surety/Agridata Avg

See information booklet.

Tile

See information booklet.

Improvements

Bare farmland

Real Estate Taxes

See information booklet.

Method of Sale

Public Live Auction

Method of Bidding

Public Live Auction

Possession

See information booklet.

Terms

This property will be offered as one parcel of 79.96+/- acres. All bidders must register for a bidding number prior to bidding on sale day. The successful buyer at the conclusion of the auction will enter into a purchase agreement & make a 20% earnest money down payment the day of the auction. The unpaid balance shall be due and payable in full on or before December 7, 2023 when clear title will be furnished. This sale is NOT CONTINGENT ON BUYER FINANCING and 20% down payment is NON-REFUNDABLE. This property is being sold AS IS-WHERE IS. Property is being sold subject to any and all zoning, environmental, state, federal laws or any easements including road, drainage, utility, or other easements or agreements of record. The property is being sold subject to a 2023 crop lease. Sellers will keep all of the 2023 farm rent and pay all of the 2023 real estate taxes. All real estate taxes thereafter to be paid by the buyers. Any new assessments of record after the signing of the purchase agreement will be the responsibility of the buyer. Any appraisal or loan fees are buyer’s obligation. It is the interested bidder’s obligation to inspect the property prior to their purchase of it. For those that can’t attend sale day please make arrangements with sales staff 24 hours ahead of the auction to bid by phone. Any statements made at the auction may take precedence over any printed information. This sale is subject to the seller’s approval. Christopher Auction Land & Farm Services LLC & Sales Staff represent the sellers in this transaction.

Listing Agent

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