Details

Sale Pending

Sale Date: Monday, November 6, 2023 10:30 AM

Sale Location: St. James American Legion 620 1st. Avenue St. James, MN.

Bid Online

Documents and Maps

Key Features

PRIME BLUE EARTH COUNTY
SOUTHERN MINNESOTA FARMLAND

PROPERTY LEGAL DESCRIPTION
E1/2 of SW1/4, EXC 1.24A ST HWY #30
& EXC BEG 387.87' W OF SCOR, W345', N504', E345', S504' - S18 - T105N - R29W
BLUE EARTH COUNTY, MINNESOTA

PROPERTY LOCATION
From the junction of Highway #15 &  #30 which is 2 miles south of Lewisville, Minnesota on Highway #15, then 3-1/4 miles east on Highway #30. Property on the north side of road. Watch for auction signs.

METHOD OF SALE
Property will be offered as one parcel of 75.89+/- Surveyed acres.

PROPERTY INFORMATION

Surveyed Acres: 75.89+/-  FSA Cropland Acres: 74.47+/-

Crop Productivity Index Rating:  86.3 Estimated by Agra Data Maps

PRIMARY SOIL TYPES:
Waldorf Silty Clay Loam, Lura Silty Clay & Kingston Clay Loam

No “Buyers Premium” will be charged - what you bid is what you will pay.

 

Description

Prime Blue Earth County, Minnesota 75.89+/- acres of bare farmland with a 86.3 CPI rating.

Location

From the junction of Highway #15 &  #30 which is 2 miles south of Lewisville, Minnesota on Highway #15, then 3-1/4 miles east on Highway #30. Property on the north side of road. Watch for auction signs.

Legal Description

E1/2 of SW1/4, EXC 1.24A ST HWY #30 & EXC BEG 387.87' W OF SCOR, W345', N504', E345', S504' - S18 - T105N - R29W BLUE EARTH COUNTY, MINNESOTA

 

FSA Information

See information booklet.

Soils

See information booklet.

Surety/Agridata Avg

See information booklet.

Tile

See information booklet.

Improvements

None farmland.

Real Estate Taxes

See information booklet.

Method of Sale

Offered as one parcel of 75.89+/- acres on public auction.

Method of Bidding

Live and Online Publice Auction.

Possession

See information booklet.

Terms

The farm is being sold subject to a cropland lease for 2023 with the Seller’s retaining all 2023 cropland lease payments. Possession shall be transferred for the 2024 crop year. 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 December 15, 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 can not 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

We are very honored to have been asked to represent the Ronald R. Clow 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.

No “Buyers Premium” will be charged - what you bid is what you will pay.

 

Listing Agent

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