Burlage Peterson
Lincoln County, MN
We will offer at public auction the following land & personal property located from Ivanhoe, MN, 4 miles south on Hwy. 75 then ½ mile east on 240th St.; or from Lake Benton, MN, 9 miles north on Hwy. 75 then ½ mile east on 240th St.
Auctioneers’ Note: Auction conducted on-site with Personal Property to immediately following the Land Auction. Located between Ivanhoe and Lake Benton, MN, this auction presents an excellent opportunity to purchase a quality 160 +/- acre farm that is predominantly all tillable with easy access just ½ mile off Hwy. 75. This land is primarily comprised of good Class II soils, features a strong productivity soil rating, and has 2 wind towers. If you are in the market for a quality, income-producing property to add to your investment portfolio or farming operation, make plans to attend this auction!
160 +/- Acres - This farm presents the opportunity to purchase a respectable 160 +/- acres that is in a good agricultural area. According to the FSA office this farm has 151.36+/- cropland acres with a 54.80-acre corn base with a 122 bu. PLC yield; a 69-acre soybean base with a 36 bu. PLC yield; and a 16.60-acre wheat base with a 39 bu. PLC yield. This farm has a productivity soil rating of 85.5 predominantly consisting of Highpoint Lake silty clay and Vallers clay loam soils. There are 2 wind towers on the property operated by Minndakota Wind, LLC c/o Avangrid Renewables, LLC that will transfer to the new buyer. The new buyer will receive the 2022 wind tower payment (the estimated payment is $14,600.00 for both wind towers). Located between Ivanhoe and Lake Benton just ½ mile off Hwy. 75, this land is free and clear to farm or rent for the 2022 crop year. This farm presents an excellent opportunity for quality cropland with 2 wind towers as well as a pole shed and would make for a great addition to a farming operation or investment portfolio.
PERSONAL PROPERTY
Ford F-150 Pickup Manual Transmission, Truck Camper, 5-Bottom Plow, Snowblower, Older Loader/Buckets, Older Tractors/Parts, Wheel Weights, Trailer, Chains, Floor Jack, Air Compressor, Ramps, Generator, Engine Lift, Lawn Chief 11/36 Riding Lawn Mower, MTD Gold Riding Lawn Mower, Ladders, Shop Tools, Many Wrenches, Screwdrivers, Sockets, Etc., Ladders, Post Hole Digger, Hoses, Electrical Cords, - Many Misc. Items.
SE ¼ Sec. 21, T-111-N, R-45-W, Ash Lake Twp., Lincoln Co., MN.
TERMS: 10% non-refundable earnest money deposit due day of sale; balance due on March 10, 2022. Closing fees split 50/50 between buyers & sellers. This property is sold subject to easements and restrictions, contracts, if any, and is sold subject to confirmation of owners. Sellers do not guarantee fences lie on true boundary lines and any new fencing, if any, is buyer’s responsibility. The farm is offered as is, where is, without warrantees or guarantees of any kind. Information contained herein and all statements made herein are believed accurate but not guaranteed. The brokerage firm & auctioneers represent the sellers in this transaction.
Donald G. Lietz Estate - Glen Petersen, Attorney at Law, 507-247-5515 – Closing Attorney
Land Brokerage Firm & Auctioneers: Scott & Jim Peterson, Tyler & Lenny Burlage, Dustin Tetzlaff Jill M. Cooper, Business Manager Burlage Peterson Auctioneers & Realtors, LLC
