160 +/- Acre Land Auction, Verdi Twp., Lincoln Co., MN

December 23, 2025 10:00 am

Sec. 26, Verdi Twp., Lincoln Co., MN

Bid Online!

Directions

From Elkton, SD, north 2 miles on Hwy. 13, 6 miles east on Hwy. 14, & 3 miles south on Hwy 2. Or from Lake Benton, MN, 4 miles west on Hwy. 14 & 3 miles south on Hwy. 2. Or ½ mile west & ½ mile north from Verdi, MN.

Auctioneer Notes

Here is an excellent opportunity to purchase a strong quarter of highly productive, well-rated Lincoln Co., MN farmland. This farm lies in a strong agricultural area along Hwy. 2, just 3 miles south of Hwy. 14. The farm features recently installed drain tile and the fall fieldwork is completed, with possession granted to the new buyer at closing. There is no buyer’s premium, and the sale will be held live on-site with online bidding available.

Overview

This high-quality corn and soybean farm has 154.84 Farmland acres, per the FSA office, with 140 +/- cropland acres under cultivation, benefited by recently installed drain tile, and 9.13 acres enrolled in CRP with a payment of $252.64 per acre that runs through 2026. Per Surety AgriData, the farm has a high soil productivity rating of 89.7, primarily consisting of Kranzburg-Brookings silty clay loam soils. The farm has approximately over 8,900 ft. of drain tile, and benefits from being well fertilized and well operated over the years. The fall fieldwork is complete and goes with the farm at no additional cost to the buyer. Possession will be granted at closing, giving the new owner the opportunity to farm or lease the land for the upcoming crop year. This is an opportunity to acquire a quality quarter of farmland in a strong area on a paved road. Don’t miss this sale, be prepared to buy!

Description

NW ¼ of Sec 26, T-109-N, R-46-W, Verdi Twp., Lincoln Co., MN

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before January 26th, 2026. Title work and closing fees will be split 50/50 between buyer and seller. Possession will be granted at closing. The fall field work has been completed and goes with the farm to the new buyer. The seller will pay the 2025 real estate taxes and the buyers will be responsible for 2026 real estate taxes. Preliminary title work will be available prior to the sale. Fences are not guaranteed to be accurate boundary representations, and any new fencing will be the responsibility of the buyers. This property is sold subject to easements and restrictions, if any, and subject to confirmation of the owner. Buyers are responsible for conducting their own due diligence for future use and practices. Listed cropland acres are per the FSA office and Surety maps and are not guaranteed to be exact. The sellers do not provide any guarantees, warranties, or contingencies. Information provided is believed to be accurate but is not guaranteed. Statements made day of sale take precedence over prior written material. Auctioneers & Brokerage Firm represent the sellers in this transaction. Closing to be held through Petersen Law Office in Tyler, MN. Parties may conduct a 1031 exchange.

Owner

DAROLD E. RENKLY FAMILY TRUST & CORRINE L. RENKLY TRUST

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Land Brokers – Auctioneers – Farm Managers – Realtors 317 4th St., Brookings SD / www.burlagepeterson.com Office@burlagepeterson.com or 605-692-7102