Upcoming Live Public Auction Of 89.60 Acres Of Farmland
Located In Osborne TWP, Pipestone County, MN
This Land Is Located On The South Edge Of Edgerton, MN!
This Property Offers A Tremendous Opportunity To Purchase An Excellent Farm With An Abundance Of Potential For Future Development With The City Of Edgerton, MN Located Directly Adjacent To This Farm! Land Is An Excellent Investment!
Land Auction Date: November 1, 2023 @10:30 A.M.
Location: From the Intersection of Mill St W & 4th Ave W(165th Ave) go South on 4th Ave W(165th Ave) for 1/4 mile to the site of the land. Land is located on the East side of 165th Ave. Auction to be held at the site of the farmland!
Auctioneer’s Note: Our company is honored to represent Paul & Ruth in offering this land for sale at public auction! This farm has been owned by the Rensink family for many years and is a tract of land which offers endless possibilities with farming opportunities and potential for future development with the City of Edgerton, MN located directly adjacent to the land! Do not miss out on the chance to make this farm a part of your families legacy! Watch zomercompany.com in case of inclement weather!
Abbreviated Legal Description: A tract in the SE1/4 of Section 28 & a tract in the SW1/4 of Section 27, TWP 105N, Range 44W, Pipestone County, MN as shown by survey (Full legal available by request). Subject to all public roads and easements of record. Sold subject to all drainage taxes and special assessments if any.
General description: According to the survey, this property contains 89.60+/- gross acres. According to FSA, this property contains approx. 88.50+/- tillable acres with the remainder in road and ditch. This farm has a corn base which is 66.70 acres with a PLC yield of 135bu. and a soybean base of 16.30 acres with a PLC yield of 37bu. The tillable farmland is classified as NHEL. The predominant soil types of the land include: J74A-Estelline, J2A-La Prairie, J23A-Lamoure, J74B-Estelline, J70A-Brandt, J73D2-Buse, J83F-Sandberg-Buse-Everts, J80A-Lamoure-La Prairie. According to Agri-Data this tillable land has a productivity index rating of 74.1 and a estimated average county CER rating of 64. This is a tremendous opportunity to purchase a tract of land with endless possibilities! This land offers farming opportunities and also the potential for future development opportunity with the City of Edgerton, MN located directly adjacent to this property! Whether you decide to purchase this land to add more acres to your farming operation or for the possibility of future development potential, the future generations of your family will thank you for your excellent foresight to purchase this tract of land! This tract of land has an excellent topography and has good access from 165th Ave.! Do not miss out on your chance to purchase this fantastic tract of Pipestone County, MN Land! The approx. North 90 feet of this property is in City Limits! How often do you have the opportunity to purchase land directly adjacent to a city! Create your family’s legacy today!
Method of sale: Farm will be sold with the final bid x the final gross surveyed acres. Auction will be held at the site of the farmland.
Taxes: The current Real Estate Taxes according to the Pipestone County Treasurer are approx. $3,764.00 per year. Seller shall pay the 2023 RE taxes due in the calendar year 2023 which were based on the 2022 tax assessment. Buyer shall be responsible to pay the RE taxes due in the calendar year 2024 which were based on the 2023 tax assessments and all future taxes.
Possession: Full possession will be March 1, 2024. This land is available to farm for the 2024 crop year.
Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit which will be payable to Winter Abstract & Title, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before January 4, 2024 when the seller will provide marketable title to the property. Owner’s title insurance policy and closing fees will be split 50/50 between the buyer and seller. Abstracts will not be provided. Closing will be conducted by Winter Abstract & Title. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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. If buyer delays closing penalties will apply. All buyers are encouraged to do buyers due diligence. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneer and Real Estate broker is representing the sellers. If any additional information is requested, please contact auction manager listed below. Tom Whorley— Attorney For Sellers
Rensink Family Farm- Owner
Sale Conducted by:
Zomer Company Realty & Auction
1414 Main St., Rock Valley, IA 51247
Mark Zomer Auction Manager—712-470-2526—MN Lic. #40641381