162.3 +/- Acre Pasture Land Auction, Lincoln Co., MN

May 14, 2021 12:00 am

Lincoln County, MN

Directions

SOLD FOR $3,825 PER ACRE or $620,797.50

Auctioneer Notes

Attention Livestock Producers & Ranchers – This farm presents an attractive parcel, ideal for livestock grazing utilization. The farm is primarily seeded to native grasses & forbes, and has good fences, a natural water source, and easy access a ½ mile South of Hwy. 14.

Overview

This sale offers a tremendous pasture grassland farm that was seeded in 2015. The farm has been annually utilized for grazing, and has good fencing, a natural water source and dug out, and will include the corrals. This farm has good access and convenient loading/unloading, and an excellent location only ½ a mile south of Highway. 14. On an annual basis, the current owners have removed the livestock the beginning of Nov., and the new buyer will receive immediate possession for the farm. Per the FSA Office, the farm had 74.99 cropland acres, and the farm is subject to a perpetual grassland easement through US Fish & Wildlife. According to Surety AgriData, the farm has an overall soil productivity rating of 72.3, with 55.11 acres representing strong Kranzburg-Brookings Silty Clay Loams. If you have been looking for a strong pasture farm, don’t miss this sale.

Description

SE ¼, Sec. 9, T-109-N, R-46-W, Verdi Twp., Lincoln Co., MN; 162.3 +/- Acres

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before June 18th, 2021. Closing fees and title insurance, if any, split 50/50 between buyers and sellers. The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold as is, where is without warrantees, guarantees or contingencies of any kind, and subject to owner’s confirmation. The new buyers will receive immediate possession after the sale. The sellers are responsible for the 2020 Real Estate taxes, and the new buyers will be responsible for the 2021 taxes in the amount of $1,428.00. Information contained herein, and all statements made herein are believed to be accurate but not guaranteed. Buyers are responsible to conduct their own due diligence for information containing to existing US Fish & Wildlife easement and any potential haying opportunities or conditions, if any. Any announcements made the day of the sale shall take precedence over written materials. Total acres are per a survey filed at the County Assessor’s Office. The auctioneers represent the sellers in this transaction. Buyers or sellers may elect to do a 1031 Exchange.

Owner

BRENT & CARRIE THOMPSON

Additional Information