155 +/- Acre Land Auction, Norman Twp., Yellow Medicine Co., MN
Yellow Medicine Co., MN
Directions
SOLD FOR $4,225 PER ACRE or $654,875.00
Auctioneer Notes
Auction to be conducted on site at the property. We invite you to inspect this property at any time. Perspective buyers may contact Auctioneers, Attorney and FSA/NRCS office at any time.
Overview
Unit: 155 +/- Acres: Tillable Acres, Good Location, Strong Soils! This farm presents an excellent opportunity for a predominantly tillable, row crop farm that has a good location within 1 mile of two paved roads. This farm consists of 130.97 +/- cropland acres with a very strong soil productivity index rating of 92.6 on the tillable acres. According to the FSA Office, the farm has a corn PLC Yield of 117, a soybean PLC yield of 41 and a wheat PLC yield of 41. This farm also consists of 16.64 +/- acres attributed to pasture grass. The pasture was not grazed in 2019 and has lush grass and a natural flowing water source. The tillable acres have a gentle rolling slope and good eye appeal. There also is a metal pole shed located on the property. This farm has good access and an excellent location.
Tract 1: 65 +/- Acres: This South parcel is nearly all tillable and includes a pole shed. The land lays nice, has good eye appeal and would be an excellent addition to a row crop of investment portfolio. Total acres are subject to a survey.
Tract 2: 90 +/- Acres: This predominantly tillable parcel also includes 16.64+/- pasture grass acres. This farm would be ideal for someone looking for a farm with row crops and livestock grazing. Total acres subject to a survey.
Description
NE ¼ Less 5 Acres in Sec. 20, T-114-N, R-45-W, Norman Twp., Yellow Medicine Co., MN
Terms
10% non-refundable earnest money deposit due day of sale with balance due on or before January 17, 2020. Marketable Title will be conveyed, and Sellers will provide abstract of title continued to date. Buyer(s) to be responsible for payment of the RE taxes due & payable in 2020. 2019 RE taxes were $3,876. Closing fee split 50/50 between buyer and seller. The seller does 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 pursuant to MN statutes. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owner. Land free and clear for 2020 crop year. If parcels are sold separate, buyers and sellers will split survey cost. Information contained and all statements made are believed to be accurate but not guaranteed. Announcements made day of the sale shall take precedence over all written materials. Farm includes driveway easement for access to 5 +/- acre acreage, and standard drain tile outlet easement for outlet into SW side of farm into the creek water way will be applied to farm by closing. Auctioneers and Realtors represent the sellers in this transaction. Earnest money to be deposited into Attorney Client Trust Account, and closing to be handled by Gerald R. Boulton, Attorney, Canby, MN
Owner
Beverly M Fretty Rev. Trust
Additional Information
Gerald R. Boulton, Attorney & Closing Agent – 507-223-7201
AUCTIONEERS & REALTORS:
TYLER & LENNY BURLAGE, SCOTT & JIM PETERSON
BURLAGE PETERSON AUCTIONEERS & REALTORS, LLC
605-692-7102 OR OFFICE@BURLAGEPETERSON.COM