ESTATE LAND AUCTION
+/- 160 Acres of Well Located Rock Township, Pipestone County, MN Land – Bordered by an Oil Highway on 2 Sides of the Property and Situated Near Woodstock, MN in East Central Pipestone County – Inclusive of a Mixture of Productive Cropland and Established Pasture/Hayland
In order to dissolve the numerous undivided ownership interests held by members of the Fritz Family, we will offer the following real property at auction at the land located just 1½ miles north of Woodstock, MN; from Pipestone, MN (McDonalds Corner) – 10 miles east on Hwy. #30 to the Diamond Corner on Hwy. #30 (Woodstock, MN Corner) – 3 miles north on Co. Hwy. #18 (180th Ave.) to 131st St. (the NE Corner of the Land); from Holland, MN – 4 miles east on 171st St. and 4 miles south on 180th Ave.; or from Lake Wilson, MN – 7 miles west on Hwy. #30 and 2 ½ miles north on 180th Ave.
THURSDAY NOVEMBER 29, 2018 SALE TIME: 10:00 AM
ATTENTION CROP-LIVESTOCK OPERATORS – This auction presents a great opportunity to purchase a well located parcel of land consisting of +/-160 acres situated in a prominent crop and livestock area of eastern Pipestone County, MN, situated north of Woodstock, MN and just 2 miles west of the Murray/Pipestone County, MN line. This parcel of land is inclusive of a mixture of productive cropland and pasture/hayland. According to FSA information this farm has a total of approx. 128.47 acres of cropland, with a 63.09 acre corn base with a 138 bu. PLC yield, a 61.29 acre soybean base with a 32 bu. PLC yield and a 4.09 acre oats base with a 59 bu. yield, with this farm enrolled under the ARC County election of the USDA farm program; the remainder of the property consists of pasture which appears to have a mixture of native & tame grass, of which at present a significant portion is being hayed with limited grazing under the current mode of operation, this pasture has an abundant water supply for livestock as according to the current operator it consists of a combination of a spring fed dugout and the tributary of the Rock River that traverses through the pasture. According to the Pipestone Co. Assessor this parcel has a CER of 68.46, comparatively information obtained from Surety Agri-Data, Inc. indicates that this parcel of land has a weighted average productivity index of 71.7. The total Homestead RE taxes payable in 2017 on this property are $2,352.00. If you are in the market for a very well located parcel of land with a mixture of cropland and pasture, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The NE¼ of Sec. 34, T. 107N., R. 44W., (Rock Twp.), Pipestone Co., MN.
TERMS: Cash – A 10% nonrefundable downpayment sale day & balance on or before January 11, 2019 with full possession for the 2019 crop and haying/grazing season. Marketable Title will be conveyed and an abstract of title will be continued to date and will be provided to the buyer for examination prior to closing. All of the RE taxes payable in 2018 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2019. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statutes. FSA cropland acres, yields, bases & other information are estimated and subject to County Committee approval. This property is sold based on the acres as stated on the County Assessor’s records, with the acres understood to be “more or less”. This property is sold in “AS IS” Condition and is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable county zoning ordinances. Information contained herein is deemed to be correct, but is not guaranteed. The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the Owners. For additional information contact the auctioneers.
HEIRS OF ALVIN FRITZ & ARTHUR FRITZ, Owners
Glen A. Petersen – Attorney & Closing Agent for the Estate – Tyler, MN – ph. 507-247-5515
CHUCK SUTTON – Auctioneer & Land Broker – Lic. #59-26 – Sioux Falls, SD – ph. 605-336-6315, Pipestone, MN – ph. 507-825-3389 & Flandreau, SD – ph. 605-997-3777;
DEAN STOLTENBERG – Auctioneer – Lic. #59-38 – Jasper, MN – ph. 507-348-7352
& JARED SUTTON – Auctioneer – Lic. #59-72- Flandreau, SD – ph. 605-864-8527