320 ACRE LAND AUCTION
2 – 160 Acre Farms – FARM #1 – 160 Acres of High Producing Springwater Twp., Rock County, MN Land – With a Mixture of Productive Cropland w/Existing Drain Tile& +/-6 Acres of CRP with an Excellent Location Bordering Hwy. #23 and FARM #2 – 160 Acres of Eden Twp., Pipestone County, MN Land w/Remnants of a Farmstead with a Barn, Well, Electricity & Trees and a Mixture of Productive Cropland & Pasture/Hayland
We will offer the following real property at auction “On Site” at each of the farm locations at the designated sale times on ….
SALE DATE: THURSDAY MARCH 8, 2018
Sale Times: FARM #1 – 160 Acres of Rock County, MN Land – 10:00 AM & FARM #2 – 160 Acres of Pipestone County, MN Land – 2:00 PM
Auctioneer’s Note: Attention Row Crop, Crop-Livestock Operators & Investors! Due to the recent death of Dorothy M. Williamson and in order to settle the Elmo and Dorothy M. Williamson Trusts and the subsequent owners/beneficiaries, we will offer the following properties at public auction. This auction presents an excellent opportunity to purchase 2 parcels of land – each being inclusive of some highly productive cropland and a few acres of CRP on Farm #1 and some acres of Hayland/Grassland/Pasture on Farm #2. This Land will be offered as two individual parcels and at two separate auctions to be held on-site at each of the farm locations. Both of these parcels will be available with full possession for the 2018 Crop Year. Any Fall Tillage Completed will pass at “NO COST” to the buyer, although the buyer of Farm #2 will be obligated to reimburse the cost of the fertilizer applied for the 2018 crop year
FARM #1: 10:00 AM – +/- 160 Acres of Springwater Twp., Rock County, MN Land
– LEGAL DESC.: The NE¼ of Sec. 26, T. 103N., R. 47W., Springwater Twp., Rock County, MN. AUCTION TO BE HELD ON SITE at the land – Located from Garretson, SD – 3 miles east on Co. Hwy. to Hwy. #23, then 1 mile south with the Northeast Corner of the land at the Jct. of 151st St. & Hwy. #23/20th Ave; from Jasper MN – approx.10 miles south on Hwy. #23 to 151st St. or from the Pipestone/Jasper, MN – Hwy. #23 Exit #1 on I-90 – 6 ½ miles north on Hwy. #23.
This auction presents a great opportunity to purchase a productive parcel of Rock County, MN Land which has a relatively high percentage of high caliber productive cropland, along with a few acres of CRP located in the Northeast Corner of the property. This land has been owned by the Williamson Family for over 45 years and features an excellent location with the east side of the property bordering Hwy. #23 and is situated in Springwater Twp. which is a very highly regarded agricultural area of Rock County, MN. According to FSA information this farm is identified as two tracts with Tr. #10318 indicated to contain 146.57 acres of Farmland with 146.57 acres of Cropland, with an FSA 145.68 acre corn base with a 152 bu. PLC yield and a .89 acre soybean base with a 40 bu. PLC yield; and Tr. 10317 is indicated to contain 7.13 acres of Farmland with 6.1 acres of Cropland and no stated current bases or yields as this parcel has 6.1 acres enrolled in the CRP Program at a rate of $182.07 per acre which generates a total annual payment of $1,111.00 with the contract scheduled to expire on Sept. 30, 2026; with the nontillable portions comprised of the CRP acres and roads. This farm is enrolled under the Co. ARC election of the USDA Farm Program. According to the Rock County Assessor this farm has a very respectable CER of 94.56, comparatively information obtained from Surety Agri-Data, Inc. indicates that this farm has a weighted average productivity index of 92.2, with approx. 87% of the soils on this farm comprised of productive Class I & II soils, with the remainder comprised of Class III soils. Additionally, this farm benefits by being serviced by the Rock County Judicial Ditch #3 inclusive of a 30” main line and laterals #10 & #11 that traverse areas of this farm, additionally there is approx. 14,575’ of private drain tile installed through sectors of the farm that are connected to the county tile, thus the overall farmability of the cropland on this farm is excellent. The general topography of this farm ranges gently rolling to rolling, with some level and lowland in the drainage and other area within the CRP area. The total Non-Homestead RE taxes payable in 2017 on this farm were $6,244.00. This land has potential to serve as an excellent addition to an area row crop farming operation or investment property. If you are in the market for a well located productive parcel of Rock Co., MN land, then make plans inspect this property and be in attendance at this auction.
FARM #2: 2:00 PM – +/- 160 Acres of Eden Twp., Pipestone County, MN Land –
LEGAL DESC.: The NE¼ of Sec. 25, T. 105N., R. 47W., Eden Twp., Pipestone County, MN.
AUCTION TO BE HELD ON SITE at the land – located from Jasper MN (Jct. Hwy. #23 & Co. Hwy. #269/1st Street – approx. ½ mile west, 2 miles north on Co. Hwy. #13 (30th Ave.) and 1 mile west on 21st St. to the NE Corner of the land at the Jct. of 20th Ave. & 21st St.; from Pipestone, MN (Jct. of Hwy’s. #30 & #23 – approx. 6 miles southwest on Hwy. #23 to Ihlen, MN., then approx. 2¾ miles west on Co. Hwy. #2 (41st St.) and 2 miles south on 20th Ave.
This auction presents a great opportunity to purchase a productive parcel of Pipestone County, MN Land which is well adapted for utilization in connection with a row crop or crop-livestock operation, as this farm has a mixture of productive cropland and hayland/pasture acres, as well as remnants of a farmstead inclusive of a barn, well that will be certified as “in use” w/pump jack and motor, electricity and trees. According to FSA information this farm is identified as Tr. #376 which is indicated to contain 154.53 acres of Farmland with 125.26 acres of Cropland with the remainder comprised of bldg. site, tree grove, hayland/pasture and roads; with an FSA 58.8 acre corn base with a 157 bu. PLC yield and a 58.7 acre soybean base with a 43 bu. PLC yield. In 2017 it was certified with FSA that this farm had approx. 119.92 planted acres, of which 74.28 acres were planted to corn and 44.84 acres planted to soybeans, the remainder was in alfalfa and grassland. This farm is enrolled under the Co. ARC election of the USDA Farm Program. According to the Pipestone County Assessor this farm has a CER of 69.91, comparatively information obtained from Surety Agri-Data, Inc. indicates that this farm has a weighted average productivity index of 93.2, with approx. 92% of the soils on this farm comprised of productive Class I & II soils, with the remainder comprised of Class III soils & 2.78 acres of Class V soil. The general topography of this farm ranges gently rolling to somewhat undulating. The total Non-Homestead RE taxes payable in 2017 on this farm were $4,160.00. This land has potential to serve as an excellent addition to an area row crop/crop-livestock farming operation or investment property. If you are in the market for a well located productive parcel of western Pipestone Co., MN land that is located within ¾ mile of the Moody County, SD & MN State Line, then make plans inspect this property and be in attendance at this auction.
TERMS: Cash – A 10% nonrefundable downpayment on the day of the sale with immediate possession and the balance due and payable on or before April 20, 2018. Any portions of this land that were fall tilled will pass at “No Cost” to the buyer(s), although the buyer of Farm #2 will be obligated to reimburse the cost of the fertilizer applied by CHS Eastern Farmers for the 2018 crop year at a cost of $2,325.77. Marketable Title will be conveyed and at the option of the sellers either abstracts of title continued to date or owner’s title insurance will be provided to the buyer for examination prior to closing, if title ins. Is utilized the cost of the owner’s policy will be divided 50-50 between the buyer and seller. The RE taxes payable in 2017 have been paid by the Trusts; the seller’s will pay the 1st half of the RE taxes payable in 2018, with the buyer to be responsible for payment of the 2nd half of the RE taxes 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. The buyer will receive 100% of the payment on the CRP acres payable in 2018 with no proration, and will be obligated to comply with all the remaining terms and provisions of the existing CRP contract; furthermore any buyouts or penalty due for cancellation or non-compliance with the terms of the CRP contract will be the responsibility of the new owner(s). FSA yields, bases, CRP info., payments & other FSA information is estimated and not guaranteed and are subject to County Committee Approval. 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 Trustee’s/Owners. For additional information contact the auctioneers.
ELMO M. & DOROTHY M. WILLIAMSON TRUSTS, Etal
– Donald Klosterbuer – Klosterbuer & Haubrich, LLP- Attorney & Closing Agent – Luverne, MN – ph. – 507-283-9111
CHUCK SUTTON – Auctioneer & Land Broker – Lic. #59-26 –
Sioux Falls, SD – ph. 605-336-6315 or Pipestone, MN – ph. 507-825-3389;
DEAN STOLTENBERG – Auctioneer – Lic. #59-38 – Jasper, MN – ph. 507-348-7352
& JARED SUTTON – Auctioneer – Lic. #59-72 – Flandreau, SD – ph. 605-864-8527