Details

Sale Pending

Sale Date: Tuesday, January 9, 2024 10:00 AM

Sale Location: Windom Community Center at 1750 Cottonwood Lake Drive Windom, MN.

Bid Online

Documents and Maps

Key Features

COTTONWOOD COUNTY MINNESOTA FARMLAND

PROPERTY LEGAL DESCRIPTION: The Northeast Quarter (NE1/4) except the 11.61 acre building site area in the northeast corner and a 1.3 acre tract south of the 11.61 acre building site Section Fourteen (14), Township One
Hundred Six (106), Range Thirty Six (36) in Cottonwood County, Minnesota.
Parcel # 05.014.0101

PROPERTY LOCATION: From the junction of Highways #71 & #30, which is 3-1/2 miles east of Jeffers, Minnesota, then 4 miles south on Highway #71 or from the junction of Highways #71 & #60 in Windom, Minnesota 7-1/2 miles north on #71. Farm is on the west side of Highway #71. Watch for auction signs.

METHOD OF SALE
Property will be offered as one parcel of 146.76+/- acres.

PROPERTY INFORMATION
Total Acres: 146.76+/-  Cropland Acres: 142+/-
Crop Productivity Index Rating:  88.8 Estimated by Agri-Data mapping

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

 

Description

146.76+/- acres of Dale Township bare farmland land with a 88.8 Crop Productivity Index Rating. Excellent location on hard surface road.

Location

From the junction of Highways #71 & #30, which is 3-1/2 miles east of Jeffers, Minnesota, then 4 miles south on Highway #71 or from the junction of Highways #71 & #60 in Windom, Minnesota 7-1/2 miles north on #71. Farm is on the west side of Highway #71. Watch for auction signs.

Legal Description

The Northeast Quarter (NE1/4) except the 11.61 acre building site area in the northeast corner and a 1.3 acre tract south of the 11.61 acre building site Section Fourteen (14), Township One Hundred Six (106), Range Thirty Six (36) in Cottonwood County, Minnesota.
Parcel # 05.014.0101

FSA Information

See posted information booklet.

Soils

See posted information booklet.

Surety/Agridata Avg

See posted information booklet.

Tile

See posted information booklet.

Improvements

Bare land with no building improvements.

Real Estate Taxes

See posted information booklet.

Method of Sale

Public Live & Online auction. Property will be offered as one parcel of 146.76+/- acres.

Method of Bidding

Public Live & Online auction

Possession

Buyer will have possession for the 2024 crop year.

Terms

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 April 1, 2024 with the balance being due and payable in full at closing. Possession shall be transferred for the 2024 crop year. 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 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

We are very honored to have been asked to represent the Jan  PH. Wassenaar Trust with the sale of this property. Please come prepared to purchase as the sellers have chosen the public 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 10:00 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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