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Halbersma – 355.60 Acres of Improved & Unimproved Verdi Twp., Lincoln Co., MN Land

LAND AUCTION

 355.60 Acres of High Productive Verdi Township Lincoln County, MN Land

FARM #1 – +/-155 Acres Inclusive of a Nice Ranch Style Home, a Good Set of Outbuildings & Choice Productive Cropland – To be Offered as a +/- 9 Acre Acreage, +/-146 Acres of Bare Cropland or as a +/-155 Acre Improved Unit and FARM #2 – +/-200.60 Acres with a Cattle Shed, Well,A Few Acres of Pasture & +/- 181 Acres of Excellent Cropland

In order to settle the Edward Halbersma Estate we will offer the following real property at auction at FARM #1 – Located at 1221 Co. Hwy. #9, Verdi, MN; or from Verdi, MN – 2 ¾ miles West on Hwy. #9 (110th St.); from the Hwy. #13 Curve at the NW Corner of Elkton, SD – 3 miles east (past the Knotty Pine) on SD 217th St./MN Co. Hwy. 10, then 2 miles south on Hwy. #1 then ¼ mile east on Co. Hwy. #9 (110th St.) or from the Jct. of Hwy’s. #75 & #14 in Lake Benton, MN – 6 ¾ miles west on Hwy. #14, 4 miles south on Hwy. #1 then ¼ mile east on Hwy. #9.

FRIDAY SEPTEMBER 15, 2017     Sale Time:  10:00 AM

Open House Dates:  Wed. Aug. 30th from 5:00 to 7:00 pm or Sun. Sept. 3rd from 2:00 to 4:00 pm

 AUCTIONEER’S NOTE:  This auction presents a great opportunity to purchase a total of +/- 355.60 Acres of Excellent Lincoln County, MN land.  Farm #1 consists of +/-155 acres and features an attractive farmstead with a very nice home and outbuildings, as well as choice productive cropland with terrific eye appeal and will be offered in two tracts or as unit. Farm #2 will be offered as a +/-200.60 acre farm inclusive of a cattle shed, a well, a few acres of pasture and +/- 181.4 acres of excellent cropland.  Mark your calendars to be in attendance at this auction and make plans to inspect this property prior to the auction!  

FARM #1: +/- 155 Acres – Legal Desc.:  The NW ¼, Exc. the W. 466.49 ft. of the N. 466.49 ft., Sec. 32, T. 109N., R. 46W., Verdi Twp., Lincoln Co., MN.

FARM #1 will be offered as Tract #1A – a +/-9 Acre Improved Acreage, Tract 1B – +/-146 Acres of Choice High Percentage Tillable Cropland, or as Tracts #1A & #1B Combined – The +/-155 Acre Improved Unit.   The location of this property is superb lying adjacent Co. Hwy. #9.  The improvements on this property include an attractive ranch style 5 bedroom home (approx. 26’x50’) comprised of a front entry w/ornate door, coat closet, living room w/picture window, kitchen-dining area w/built-in cabinets, 3 bedrooms w/closets, full bath w/tub-shower unit, main floor laundry/mud room with hand sink and a side walk door to an attached double garage w/2 overhead doors & elec. openers; the home has a full basement with a concrete block foundation and includes 2 bedrooms w/egress windows, a bath (not presently functional), rec room, utility area w/Weather King LP gas furnace and central AC, breaker elec. service (11/3/11) and also has a radon mitigation system.  This home has underwent numerous updates including siding, many main floor windows, installation of egress windows & more, although the interior of the home could require updating of carpets and other cosmetic updates.  This is a very attractive home that must be seen to be fully appreciated.  This property is serviced by a relatively new septic system for the house (installed July 2013) and a well that provides water for the house and outside water for livestock.  Rural Water is nearby and could be installed at a cost of approximately $16,500.00; for full details concerning availability and costs, contact Lincoln-Pipestone Rural Water at 507-368-4248.  This property also features a set of functional and attractive outbuildings with red and white colored steel exteriors including a metal machine shed w/gravel floor (approx. 44’x80’), a combination storage/livestock building (approx. 42’x68’), a livestock barn (approx. 32’x56’)with an inside auto. livestock fountain, livestock feedyard, 2 small pasture/calving yards, 2- 3,300 bu steel bins and other site improvements.   According to County Assessor’s data this farm consists of a total of 155 acres which according to FSA information indicates that Farm #1 has a total of 140.76 acres of cropland.  This farm has not been actively enrolled in the USDA farm program, thus there presently are no established bases or yields on this farm, potential buyers with questions are encouraged to check with the Pipestone County FSA Office – ph. 507-825-5478.   According to info. obtained from Surety Agri-Data, Inc. this farm has a spectacular soil productivity index of 94.2 and Lincoln County assessment data indicates this farm has a CER of 61.58.  This land has a level to nearly level topography, has been well farmed and has terrific eye appeal.

FARM #2 – +/- 200.60 Acres – Farm #2 is located directly west of Farm #1 – Legal Desc.:  The NE ¼ and the E. 40.6 acres of the NW 1/4, Sec. 31, T. 109N., R. 46W., Verdi Twp., Lincoln Co., MN.

Farm #2 is an attractive crop-livestock farm that consists of a rather high percentage tillable, along with approx. 14 acres of pasture and a small building site inclusive of an open front cattle bldg., small livestock yard and a well with electricity on site.   According to County Assessor’s data this farm consists of a total of 200.60 acres which according to FSA information indicates that Farm #2 has a total of 181.4 acres of cropland; the remainder comprised of bldg. site, livestock yard & pasture, the pasture has an established stand of grass and seasonal water is provided by Spring Creek which traverses the pasture.  This farm has not been actively enrolled in the USDA farm program, thus there presently are no established bases or yields on this farm, potential buyers with questions are encouraged to check with the Pipestone County FSA Office – ph. 507-825-5478.  According to info. obtained from Surety Agri-Data, Inc. this farm has a respectable soil productivity index of 75.9 with a high percentage of Class I soil on the cropland and lower quality soils in the pasture; Lincoln County assessment data indicates this farm has a CER of 59.  The cropland acres have a level to nearly level topography, has been well farmed and has terrific eye appeal; the pasture is rolling with some low lying areas in and around the creek bed.

TERMS: Cash – A 10% nonrefundable earnest money payment sale day on each farm and the balance on or before Dec. 1, 2017 with full possession.  Fall Tillage Privileges will be granted to the buyer(s) with permission of the current tenants and subsequent to completion of the harvest of the 2017 crops.  Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing, or in lieu of an abstract the owner will have the option to provide an Owner’s Title Insurance Policy, in which case the cost will be divided 50-50 between the buyer and seller.  All of the RE taxes payable in 2017 will be paid by the sellers, with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2018.  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 & other information are estimated and subject to County Committee approval.  The acres in Farm #1, if divided will be based on surveyed acres, if sold as a unit the acres and Farm #1 and Farm #2 will be based on the acres as stated on the County Tax Records, which in either case are understood to be “more or less”.  Survey Costs on Farm #1, if divided, will be paid by the sellers.  This property 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 Personal Representative.

EDWARD M.  HALBERSMA ESTATE

Elizabeth Short – Personal Representative

– Scott Barduson – O’Neill & Barduson Law Firm– Attorney & Closing Agent for the Seller – Pipestone, MN – ph. – 507-825-4266

 CHUCK SUTTON – Auctioneer & Land Broker –

Sioux Falls, SD – ph. 605-336-6315 & Pipestone, MN – ph. 507-825-3389 

DEAN STOLTENBERG – Auctioneer & RE Salesman – Jasper, MN – ph. 507-348-7352

BURLAGE-PETERSON – Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102

& JARED SUTTON – Auctioneer & RE Salesman – Flandreau, SD – ph. 605-864-8527

Date

September 15

Time

10:00 am

PDF

View Auction Brochure

Location

Halbersma
1221 Co. Rd. 9
Verdi, MN 56164

Auctioneers

Chuck Sutton
Dean Stoltenberg
Burlage/Peterson Auctioneers & Realtors, LLC
Jared Sutton

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