80 +/- Acre Land Auction, Marble Twp., Lincoln Co., MN

August 25, 2022 10:00 am

Marble Twp., Lincoln Co., MN

Bid Online!

Directions

We will offer at public auction the following land located from Ivanhoe, MN, 9 miles north on Hwy. 75 then 2 miles west on Co Rd 19, then 1 mile south on 170th Ave to 360th St.; from Lake Hendricks, MN, 4 miles east on Hwy. 17 then 5 miles on Co Rd 4 to 360th St, east 1 mile; or from Canby, MN, 8 miles south on Hwy 75 then 2 miles west on Co Rd 19, then 1 mile south on 170th Ave to 360th St..

Sold For $5,800 Per Acre or $464,000.00

Auctioneer Notes

Here is an opportunity to purchase up to 80 +/- acres that make up a strong, productive row crop farm in Lincoln Co., MN. This offering features high-producing, good row crop acres. This sale will be conducted live on-site with online bidding available. Don’t miss this auction and excellent opportunity!

Overview

LAND AUCTION: 80 +/- Acres Marble Twp., Lincoln Co., MN Land

This farm offers the opportunity to purchase an 80 +/- acre parcel that consists of strong tillable acres as well as 29.85+/- CRP acres. The new buyer will receive the CRP annual payment of $7,329.00 per year that expires on 09/30/2026. According to the FSA office, this farm has 71.24 +/- cropland acres with a 26.86-acre corn base with a 125 bu. PLC yield and a 14.53-acre soybean base with a 35 bu. PLC yield. This farm has a productivity soil rating of 80.2 predominantly consisting of Barnes-Buse-Svea complex and Bigstone silty clay loam soils. This farm is located north of Ivanhoe, MN and just northwest of Hendricks, MN, just ¾ mile off Hwy. 19. The tillable acres are rented for the 2022 crop year and is free and clear to farm or rent for the 2023 crop year. This farm presents an excellent opportunity for a good mixture of tillable and CRP ground that would make for a great addition to a farming operation or investment portfolio.

Description

S1/2 of SW1/4 Section 20, T-113-N, R-45-W, Marble Twp., Lincoln Co., MN

Terms

10% non-refundable earnest money deposit due the day of sale with balance due on or before October 20th, 2022. Title insurance and closing fees split 50/50 between buyer and sellers. Sellers will pay 2022 real estate taxes payable in 2023. Sellers do not guarantee that existing fences lie on the true and correct boundary line. The farm is sold as is, where is, without warrantees, guarantees or contingencies of any kind, and sold subject to any easements or right of ways and sold subject to confirmation of the owners. Statements made the day of the sale take precedence over all previously stated or written materials. Information provided is believed accurate but not guaranteed. Buyers are responsible to conduct their own due diligence pertaining to future practices. The brokerage firm & auctioneers represent the sellers in this transaction.

Owner

Rodney Lipinski

Additional Information

LAND BROKERAGE & AUCTIONEER FIRM: Burlage Peterson Auctioneers & Realtors, LLC Dustin, Scott, Tyler, Jim, Lenny, & Jill Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102