150+/- Acres Wergeland Twp., Yellow Medicine Co., MN

August 3, 2023 10:00 am

Yellow Medicine Co., MN

Bid Online!

Directions

Located from Porter, MN (corner of 1st Street & Hwy 12) go 2.5 miles north on Hwy 12 the land will be on the west side of the Hwy; or from Canby, MN 3.25 miles south on Hwy 68, then 2.75 miles east on 190th Ave., land will be on the south side of the road.

Sold For $8,400 Per Acre or $1,260,000.00

Auctioneer Notes

This sale will be conducted live, on site at the farm with online bidding available the morning of the sale.

Aerial Map

Soil Map

Plat Map

Overview

This 150 +/- acre farm represents an excellent opportunity for a nice tillable, row crop farm that has good access being located right on Hwy 12 and is in a good agricultural area. According to the Farm Service Agency office the farm has approximately 130.66 cropland acres that is currently 115.81+/- being tilled with a soil productivity rating of 88.8 on the tillable acres, and primarily is comprised of Amiret loam and Du Page loam soils. The farm has a corn PLC Yield of 147, and a soybeans PLC Yield of 44. There are 14.85 acres enrolled in CRP with a payment of $185.51 per acre each year, with this contract expiring on 09/30/2031. This farm will be free and clear for the 2024 crop year. For additional information contact the Auctioneers. MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY!!!

Description

N ½ of NE ¼, SE ¼ of NE ¼ Less 10 acres sold, NE ¼ of NW ¼ all in Sec. 21, T-114-N, R-44-W, Wergeland Twp., Yellow Medicine Co., MN.

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before September 28, 2023. Closing fees and title work is split 50/50 between buyer and seller. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statutes. New buyer(s) will receive possession after the 2023 crop year. Access for fall fieldwork must be approved by the renter, per the existing lease. This property is sold subject to easements, leases, and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owner. Information contained herein, and all statements made herein are believed to be accurate but not guaranteed. Buyers are responsible to conduct their own due diligence for any future uses and practices with the farm. Announcements made the day of the sale take precedence over written material. Auctioneers represent the seller and are to be held harmless in this transaction. Buyer or seller may elect to do a 1031 Exchange.

Owner

Evelyn Lozenski Estate

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Scott, Tyler, Dustin, Nolan, Jim, Lenny, & Heather - Auctioneers - Land Brokers - Farm Managers - Realtors