Live and Online at Ranchandfarmauctions.com

Auction Date: 07/18/2024 Auction Time: 3:00 PM CT

Auction Venue Location: Shooters, 530 West Christenson Ave, Appleton, MN 56208

Open House dates and times: Contact Agent / By Appointment

Entire Farm Description:

Located approximately 5.5 miles north of Appleton or the same distance northwest of Holloway, this auction property consists of two-quarter sections of land that will be sold independently as two tracts.

Both tracts are currently rented for 2024, with the current tenant allowed to harvest the crops in the fall. Open tenancy for both tracts will be in place, if desired, to a new owner for 2025. The seller will retain any rent due payable in 2024. The seller however is going to be responsible for paying all 2024 property taxes.
 

Tract 1 Description:

Tract 1 is comprised of the SW quarter of Sec. 12 of Shible Twsp. and is one existing tax parcel. It has road access on the west and the south sides and is comprised of approximately 88 ± FSA tillable acres on its north end that boasts a soil CPI rating of 86.6. To the south, there are approximately 70 acres that are enrolled in the state RIM easement program. There is some drain tile in place on the tillable land (exact details of this are unknown) and it is assumed that any tile outlets on the RIM ground or runs to the stream/ditch that runs through it and ultimately outlets the SE corner of the property. So, while not only providing the outlet for the whole property, the RIM easement area is also comprised of upland grasses/wildflowers, some trees and the low wetland draw/creek to provide some hunting opportunities as well. The acreage balance consists of the right of way and other small non-tilled areas.

Tract 1 is currently rented for 2024 with the current tenant allowed to harvest crops in the fall. Open tenancy for both tracts will be in place, if desired, to a new owner for 2025. The seller will retain any rent due payable in 2024. The seller however is going to be responsible for paying all 2024 property taxes.

Tract #: Tract 1

Deeded Acres: 160 Tax Statement Acres

FSA Farmland Acres: Approx. 88+/-

Soil Types: Esmond-Heimdal-Sisseton Complex, Emrick Loam, Lakepark-Parnell

Soil PI/NCCPI/CSR2: 86.6

CRP Acres/payment: No CRP

Taxes: $3,550 – All current taxes are in a “Non-Hstd” status

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2024

Survey needed?: No survey needed

Brief Legal: SW1/4 Sec. 12, T121, R43

PIDs: 16-0057-000

Lat/Lon: 45.3009, -96.0096

Zip Code: 56208

Tract 2 Description:

Tract 2 lies to the south of tract 1 and is the NW quarter of Sec. 13 of Shible Twsp. which is two existing tax parcels being sold together. Good road access on the north and west sides. It has approximately 144 ± FSA tillable acres that have a soil CPI of 86.2. The approximate measured tillable includes some smaller areas marked as “wetland” or “farmed wetland” per the current year FSA map and/or the 2013 USDA wetland determination map (documents can be found here and/or are available). The balance of the property is a 6 ± acre old farm site with older buildings (all buildings sold “as is”) in the northwestern part of the property, right of way and the same creek/ditch from tract 1 that clips the NE corner of this tract providing an outlet for some possible existing tile (details unknown) and/or potential future tile installations.

Tract 2 is currently rented for 2024 with the current tenant allowed to harvest crops in the fall. Open tenancy for both tracts will be in place, if desired, to a new owner for 2025. The seller will retain any rent due payable in 2024. The seller however is going to be responsible for paying all 2024 property taxes.

Tract #: Tract 2

Deeded Acres: (2) 80 Tax acre parcels = 160 tax acres

FSA Farmland Acres: Approx. 144 +/- acres

Soil Types: Esmond Heimdal-Sisseton Complex, Ortonville-Vallers-Parnell Complex, Lakepark-Parnell Complex

Soil PI/NCCPI/CSR2: 86.2

CRP Acres/payment: No CRP

Taxes: $5,774 – All current taxes are in a “Non-Hstd” status

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2024

Survey needed?: No survey needed

Brief Legal: NW1/4 Sec. 13, T121, R43

PIDs: 16-0060-100 AND 16-0060-000

Lat/Lon: 45.2936, -96.0097

Zip Code: 56208

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Larger tillable farm opportunity

Good soils with high productivity ratings

Some existing tile in place

Ability to add more tile drainage

Good access from multiple sides

Good opportunity to invest in tillable land or expand an existing operation.

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