This land presents an excellent opportunity for a strong row crop farm that also features lush pasture grass acres as well. The farm is located in a strong agricultural area and has a good location on Hwy. 75, North of Lake Benton. Don’t miss this sale!
Overview
236.31 +/- Acres – Attention row crop farmers & livestock producers. This predominantly tillable farm is located on Hwy 75 and has 179.61 effective cropland acres, per the FSA Office. The farm has a corn PLC Yield of 137, and a Soybean PLC Yield of 35. According to the Surety AgriData Maps, the farm is predominantly comprised of strong class I & II soils, primarily featuring Barnes-Buse Complex soil, and has a productivity rating of 87.4 on the crop land acres. Featured on this farm are also 50 +/- acres of pasture grass that supplies lush grass and a natural water source with 2 dug outs, along with electricity at the pole. The pasture also has nice fences and has been well cared for. The farm has an excellent location North of Lake Benton on a paved road, and is located in a good agricultural area. Don’t miss this sale as this farm will make a nice addition to your farming operation or investor portfolio.
Description
236.31 +/- Acres Exc. The Acreage Site, in Sec. 29, T-110-N, R-45-W, Lincoln Co., MN
Terms
10% non-refundable earnest money deposit due day of sale; balance due on or before September 29th, 2021. Closing fees split 50/50 between buyer & sellers. 2021 real estate taxes are approx. $16.71 per acre. Sellers will pay 2021 real estate taxes; buyers will be responsible for 2022 taxes and will receive possession for the 2022 crop year. The farm is leased for the 2021 crop year, expiring at the end of said year. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of owners. Information contained herein and all statements made herein are believed accurate but not guaranteed. The land is offered for sale as is, where is, and the sellers and auctioneers are to be held harmless. Statements made and information provided is believed to be accurate but not guaranteed. Sellers do not guarantee fences lie on true boundary lines. New fencing, if any, is buyer’s responsibility. Earnest money deposit(s) to be made out to trust account for Glen Petersen, Attorney at Law & closing attorney. Auctioneers represent the sellers in this transaction.
Owner
JEFFREY & PATRICIA JOHNSON, KATHLEEN & ALLAN JOHNSON
Additional Information
GLEN PETERSEN, ATTORNEY AT LAW, 507-247-5515 – CLOSING ATTORNEY
Auctioneers & Realtors:
Tyler & Lenny Burlage, Jim & Scott Peterson
Burlage Peterson Auctioneers & Realtors, LLC
605-692-7102 or Office@burlagepeterson.com
Lincoln County, MN