58.70 +/- Acre All Tillable Land Auction, Lincoln Co., MN

date
address
Sec. 36, Hendricks Twp., Lincoln Co., MN
Directions

    Located from Hendricks MN, 3 miles south on Hwy. 1 & 1 mile west on Hwy. 19 & 280th St. Or from White, SD, 10 miles east on Hwy. 30 & 1 mile north on Hwy. 19 & 110th Ave.

    Auctioneer Notes

      Here is an excellent opportunity for a prime, all-tillable farm with drain tile. The farm receives an annual wind rights payment, and possession is available for the upcoming crop year. The farm is conveniently located right off Highway 19, and is close to Hendricks, White, Lake Benton and Elkton. There is no buyer’s premium, and the sale will be held live on-site with online bidding available during the sale. Come prepared to buy and don’t miss this prime land sale!

    Yield and Bases Aerial Map Agreement Wetland Map Plat Map Preliminary Title
    Overview

      This all-tillable corn and soybean farm offers an excellent opportunity to purchase a choice farm with outstanding eye appeal in a great location on the South Dakota/Minnesota border. The farm has a high soil productivity rating of 96.6 and is primarily comprised of Class I & II soils, with the primary soils present listed as Oak Lake Silty Clay Loam and Singsaas-Oak Lake Complex, ideal for row crops. Per the FSA office, the farm contains 55.68 DCP cropland acres, and additionally the farm receives approximately $23 per acre for wind rights payment from a neighboring tower through Xcel Energy. Additionally, the farm has been enhanced by drain tile and underground clay berms. The property offers easy access, located just 1/10th of a mile off Highway 19, and presents a great opportunity to acquire highly productive, all tillable farmland. Farms of this quality and this size do not come available very often so don’t miss this sale and opportunity to add high quality acres to your land or farming portfolio!

    Description

      Gov’t. Lot 4 in Section 36, T-112-N, R-47-W, Hendricks Twp., Lincoln, Co., 58.70 +/- Acres

Terms

    10% non-refundable earnest money deposit due day of sale with balance due on or before January 5th, 2027. Title work and closing fees will be split 50/50 between buyer and seller. The new buyer will have possession for the upcoming crop year. The seller will pay all 2026 real estate taxes, and the buyers will be responsible for 2027 real estate taxes. Preliminary title work will be available prior to the sale. The sellers and agents make no claims regarding boundary lines, and the property will be sold by recorded acres. Drain tile and underground berms for drainage have both been added. Tile maps are not on hand but if located, will be made public given to the new buyer. 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 seller. Buyers are responsible for conducting their own due diligence for future use and practices. Listed cropland acres are per the FSA office. The buyer will be responsible for setting up their accounts for wind rights payments and is encouraged to contact Xcel Energy with any questions. The wind lease agreement can be found under the Agreement tab online. The sellers do not provide any guarantees, warranties, or contingencies, and information provided is believed to be accurate but is not guaranteed. Statements made day of sale take precedence over prior written material. All bids placed during the sale are binding, and the successful high bidder will initiate purchase agreements and earnest money deposit in accordance with the sale terms. Parties may conduct a 1031 exchange. Closing conducted through John Engels, Engels Law Office PLLC, Hendricks MN. The auctioneers represent the seller in this transaction.

Owner

    TIMOTHY ROSENTHAL LIVING TRUST

Additional Information

    Burlage Peterson Auctioneers & Realtors, LLC Office@burlagepeterson.com or 605-692-7102 Sutton Auctioneers & Land Brokers, LLC Office@suttonauction.com or 605-336-6315