150.62 +/- Acre Land Auction, Yellow Medicine County, MN

November 9, 2023 10:00 am

Oshkosh Twp., Yellow Medicine Co., MN

Directions

From Canby, MN: 7 miles north on US Hwy 75, half a mile west on County Hwy 4 or 270th Ave.

Sold for $9,250 Per Acre or $1,393,235.00

Auctioneer Notes

Here is an opportunity to purchase 150.62 +/- acres of nearly all productive tillable land located in Oshkosh Twp., Yellow Medicine Co., MN on an oil highway. This land features a predominantly all tillable good row crop farm in an excellent agricultural area. You will not want to miss this excellent opportunity to add to your current farming operation or investment portfolio! The auction will be held live at the farm with online bidding available the day of the sale.

Overview

This high yielding corn and soybean farm is in a strong agricultural area in Yellow Medicine County, MN. The primary soil present on the farm is Amiret-Swanlake and Canisteo Clay Loam, with a strong soil productivity index of 81.2; ideal for corn and soybeans. The farm has 143.5 +/- crop land acres. According to FSA information, this farm has a corn PLC yield of 155 bu., and a soybean PLC yield of 51 bu. This farm has approximately 27,500 +/- feet of drain tile installed over the years. The farm has great eye appeal as well as good access being on an oil road. The new buyer to receive possession for the upcoming 2024 crop year. Don’t miss this opportunity for a strong farm that would be an excellent addition to your portfolio!

Description

Tract 2 & 4 of SW ¼, Exc. 6.48+/- Acre Acreage Site, Sec. 6, T-115-N, R-44-W, Yellow Medicine Co., MN.

Terms

10% non-refundable earnest money deposit due the day of sale with balance due on or before December 22nd, 2023. Title insurance and closing fees split 50/50 between buyer & seller. The sellers will pay the 2023 real estate taxes. Sellers do not guarantee that existing fences lie on the true boundaries, and any new fencing will be the responsibility of the purchaser pursuant to MN statutes. The cropland acres, yields and bases are per the FSA office. The new buyer is responsible for conducting their due diligence for any future uses and practices with the property. The farm is sold subject to easements, contracts, and restrictions, if any, and is sold subject to confirmation of the owners on the day of the sale. The information contained herein, and all statements and descriptions made are believed to be accurate, but not guaranteed. The auctioneers represent the seller in this transaction. Any announcements made on the day of the sale take precedence over written materials. Sellers have the right to accept or refuse any and all offers. Buyer or seller may elect to do a 1031 Exchange. Closing conducted through law firm, Swenson, Nelson, & Stulz, PLLC of Dawson, MN.

Owner

Maas Family Farms

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Land Brokers – Auctioneers – Realtors – Farm Managers