342.33 +/- Acres Lincoln County, Minnesota LAND AUCTION Wednesday, May 2, 2018 11:00 a.m. AUCTION LOCATION: Senior Citizens Center - Taunton, MN Owner: Secured Lender Highly productive cropland in Lake Stay & Limestone Townships! Stock photos LAND AUCTIONS
General Information Auction Note: This is highly productive cropland in Lake Stay and Limestone Townships in Lincoln County, Minnesota featuring 323.19 +/- acres of cropland with nearly all class II soils, a Soil Productivity Index of 92.3 and 84.3! This land has a strong cropping history and excellent access. Parcel 1 and Parcel 2 both have a wind tower. The buyer will receive income on towers. IMMEDIATE POSSESSION. THIS LAND IS SUBJECT TO A RIGHT OF FIRST REFUSAL. WIND TOWER LEASE WILL BE ASSIGNED TO BUYER. INQUIRE TO AUCTIONEER AS TO LEASE PAYMENTS. 7 8 P2 68 P1 126 19 Marshall, MN 15 Arco, MN 8 LINCOLN COUNTY, MN Driving Directions: LAND AUCTIONS C ontact: Kevin Pifer 701.235.5810 kpifer@pifers.com Parcel 1: From Arco, MN: Proceed north on County Road #7 for 3.5 miles. Proceed east on County Road #126 for 1 mile. From Marshall, MN: Proceed west on County Road #19 for 20 miles. Proceed south on County Road #7 for 1.5 miles. Parcel 2: From Arco, MN: Proceed east on County Road #15 for 3 miles. Proceed north on County Road #8 for 7 miles. From Marshall, MN: Proceed west on County Road #19 for 16 miles. Proceed north on County Road #8 for 3 miles. 1506 29th St. South - Moorhead, MN 56560
Property Overview Aerial Map Parcel 2 342.33 +/- Acres Lincoln County, MN Parcel 1 map center: 44 28' 3.54, -96 8' 15.12 Field borders provided by Farm Service Agency as of 5/21/2008. 34-112N-44W Lincoln County Minnesota 0ft 5282ft 10564ft info@pifers.com 4/4/2018
General Information Acres: 160 +/Legal: SE ¼ 8-111-44 Taxes (2017): $2,783.00 Parcel Information: This parcel features 158.2 +/- cropland acres with a Soil Productivity Index of 84.3 and a strong cropping history. This is a remarkable parcel of cropland. Immediate possession is available. United States Department of Agriculture Farm 4128 Lincoln County, Minnesota Tract 5277 9 T111 R44 Lake Stay 3 0.76 W Ü W & & 5 4.82 11 25.68 HEL 2017 Program Year Map Created April 05, 2017 0 190 380 760 Feet Unless otherwise noted: Shares are 100% operator Crops are non-irrigated Corn = yellow for grain Soybeans = common soybeans for grain Wheat = HRS, HRW = Grain Sunflower = Oil, Non-Oil = Grain Oats and Barley = Spring for grain Rye = for grain Peas = process Alfalfa, Mixed Forage AGM, GMA, IGS = for forage Beans = Dry Edible NAG = for GZ Canola = Spring for seed 10 61.14 9 62.74 Common Land Unit Non-Cropland Cropland Tract Boundary PLSS & 14 4.35 #* AW 8 T111 R44 Lake Stay Crop PLC Yield Corn 138 bu. Restricted Use Limited Restrictions Exempt from Conservation 42 bu. Soybeans Compliance Provisions Total Base Acres Wetland Determination Identifiers 4 0.81 Tract Cropland Total: 158.73 acres CR-126 Base Acreage 66.8 63.1 129.9 Code Soil Description Acres Percent of field Non-Irr Class *c Productivity Index J106B Barnes-Buse-Svea complex, 1 to 6 percent slopes 62.95 39.7% 88 J107A Lakepark-Roliss-Parnell, depressional, complex, 0 to 3 percent slopes 31.65 19.9% 93 J96C2 Barnes-Buse complex, 6 to 12 percent slopes, moderately eroded 23.52 14.8% I 80 J101B Hokans-Svea complex, 1 to 4 percent slopes 10.27 6.5% 98 J11A Vallers clay loam, 0 to 2 percent slopes 9.49 6.0% 90 J48A Southam silty clay loam, 0 to 1 percent slopes 6.92 4.4% VI 5 J100D2 Buse, eroded-wilno complex, 12 to 18 percent slopes 5.71 3.6% IVe 64 J99A Lakepark clay loam, 0 to 3 percent slopes, overwash 4.12 2.6% 98 J1A Parnell silty clay loam, depressional, 0 to 1 percent slopes 2.40 1.5% I 86 USDA FSA maps are for FSA Program administration only. This map does not represent a legal survey or reflect actual ownership; rather it depicts the information provided directly from the producer and/or the 2015 NAIP imagery. The producer accepts the data 'as is' and assumes all risks associated with its use. The USDA Farm Service Agency assumes no responsibility for actual or consequential damage incurred as a result of any user's reliance on this data outside FSA Programs. Wetland identifiers do not represent the size, shape, or specific determination of the area. Refer to your original determination (CPA-026 and attached maps) for exact boundaries and determinations or contact NRCS. J232B Barnes-Buse-Arvilla complex, 2 to 6 percent slopes 1.23 0.8% 74 J199A Fulda silty clay, 0 to 2 percent slopes 0.40 0.3% 86 J26B Darnen loam, 2 to 6 percent slopes 0.07 0.0% 99 LAND AUCTIONS Weighted Average 84.3 1506 29th St. South - Moorhead, MN 56560
Parcel Parcel12 Acres: 182.33 +/Legal: W1/2 NW1/4 & SE1/4 NW1/4 and N1/2 SW1/4 23-112-44 less building site. Taxes (2017): $3,373.00 Parcel Information: This is all contiguous land featuring 176.33 +/- cropland acres with a Soil Productivity Index of 92.3 and a strong cropping history. This is a remarkable parcel of cropland. Immediate possession is available. United States Department of Agriculture Farm 4128 Lincoln County, Minnesota CSAH 17 310th St 1 17.97 8 Tract 1961 23 T112 R44 Limestone Ü 1.25 2017 Program Year Map Created April 05, 2017 0 287.5 575 1,150 Feet 3 1.5 2 80.43 6 NH Unless otherwise noted: Shares are 100% operator Crops are non-irrigated Corn = yellow for grain Soybeans = common soybeans for grain Wheat = HRS, HRW = Grain Sunflower = Oil, Non-Oil = Grain Oats and Barley = Spring for grain Rye = for grain Peas = process Alfalfa, Mixed Forage AGM, GMA, IGS = for forage Beans = Dry Edible NAG = for GZ Canola = Spring for seed EL CSAH 8 9 4.82 22 T112 R44 Limestone Crop Corn Soybeans 10 11.03 7 7.07 PLC Yield Non-Cropland 138 bu. Cropland Tract Boundary 42 bu. PLSS Base Acres WetlandTotal Determination Common Land Unit Identifiers 6 29.54 - Restricted Use & #* 5 40.31 Base Acreage 87.6 88.0 175.6 Limited Restrictions Exempt from Conservation Compliance Provisions Tract Cropland Total: 176.88 acres Code Soil Description Acres Percent of field Non-Irr Class *c Productivity Index J240B Forman-Aastad complex, 3 to 6 percent slopes 100.32 59.6% 94 J251A Parnell silty clay loam, firm till, 0 to 2 percent slopes 45.67 27.1% 94 J1A Parnell silty clay loam, depressional, 0 to 1 percent slopes 10.50 6.2% I 86 J250C2 Forman-Buse complex, 6 to 12 percent slopes, moderately eroded 5.50 3.3% I 81 J237A Brensall-Tress complex, 0 to 2 percent slopes 4.15 2.5% Iw 95 J48A Southam silty clay loam, 0 to 1 percent slopes 1.31 0.8% VI 5 J237B Brensall-Tress complex, 1 to 4 percent slopes 0.42 0.2% 95 J106B Barnes-Buse-Svea complex, 1 to 6 percent slopes 0.27 0.2% 88 J25A Rauville silty clay loam, 0 to 1 percent slopes, frequently flooded 0.11 0.1% VIw 20 USDA FSA maps are for FSA Program administration only. This map does not represent a legal survey or reflect actual ownership; rather it depicts the information provided directly from the producer and/or the 2015 NAIP imagery. The producer accepts the data 'as is' and assumes all risks associated with its use. The USDA Farm Service Agency assumes no responsibility for actual or consequential damage incurred as a result of any user's reliance on this data outside FSA Programs. Wetland identifiers do not represent the size, shape, or specific determination of the area. Refer to your original determination (CPA-026 and attached maps) for exact boundaries and determinations or contact NRCS. Weighted Average 92.3 info@pifers.com
IMMEDIATE POSSESSION IS AVAILABLE! Stock photo LAND AUCTIONS 1506 29th St. South - Moorhead, MN 56560
Terms & Conditions & Conditions I. Terms and Conditions of Auction All bidding is open to the public without regard to a prospective bidder s sex, race, color, religion, or national origin. A. If you intend to bid on this property, you will be required to provide a cashier s check or personal check in the amount of 10 percent of the purchase price as earnest money on the date of the auction. If you are the successful bidder you will be required to complete and sign a standard Minnesota Real Estate Purchase Agreement. B. If you are the highest bidder on any of this property, you will be required to deposit a check with the closing agent who will hold the money in escrow until the closing date. All documentation will be available for your review prior to commencement of the auction. All real estate sales must be closed and the total balance of the purchase price paid on or before 06/15/18. After the auction sale you will be given an appointment date and time with the Closing Agent for a closing date to close the transaction. II. Bidding Procedures All bidding is open to the public. You need only to raise your hand and shout out your bid, or instruct any of the ring men to do so on your behalf. Anyone who wishes to bid must first register to obtain a bidder s card at the registration desk. Retain your bidder number for the duration of the auction. You are responsible for your assigned number. The property is sold when the Auctioneer announces, sold, identifies the winning bid number and the amount of the bid and the information is recorded by the Auctioneer or his designee. In case of a tie bid, bidding will be reopened between the two tied bidders. The high bid cannot be withdrawn once the Auctioneer determines it to be the winning sale bid. III. Purchase Agreement, Marketability, Signing Area At the time the auction is complete, the successful high bidder must sign a standard Minnesota Real Estate Purchase Agreement to purchase this property for which it was the high bidder. An appointment date to close the transaction will be furnished to the Purchaser after the Purchase Agreement is signed. The transaction must be closed and the money paid on or before June 15, 2018, or the Purchaser will be in default and the earnest money paid herein will be forfeited to the Seller. The Pifer Group Inc, dba Auction Company and the Seller assumes that the bidders have inspected the property and are satisfied with the conditions of such property and accept that property in an as is, where is condition. The buyer agrees to hold The Pifer Group, Inc. and its client harmless regarding any representation as to the status, zoning, condition and any other material representation regarding this property. III. Purchase Agreement, Marketability, Signing Area (cont d) It is the Purchaser s responsibility to make needed repairs or improvements, if any to bring the property up to necessary state, local, and federal codes. The Pifer Group, Inc. and the sellers obtained information from sources deemed reliable, but do not guarantee its accuracy. Due diligence of property and related information by buyer is strongly recommended. IV. Forfeiture of Purchase Money Paid Pursuant to the Terms of the Purchase Agreement Purchaser s failure to close the sale by the closing date due to insufficient funds, or for any other reason will result in the forfeiture of Purchaser s earnest money deposit. V. Closing At closing, Buyer will be required to pay the difference between the purchase money deposit and the final selling price. Any fees and closing cost regarding determination of title will be paid by the Purchaser. VI. Showing of Property Showing of property will be held by appointment only. WHETHER OR NOT YOU ACTUALLY INSPECT THE PROPERTY, YOU WILL BE BOUND TO ACCEPT THE PROPERTY AS IS AND WITH ALL FAULTS AND DEFECTS AND WITH NO EXPRESSED OR IMPLIED WARRANTY AS TO MARKETABILITY OR THE CONDITION THEREOF. It will be your responsibility to make any needed repairs, improvements or compliance requirements to bring the property to applicable codes. VII. Miscellaneous Conduct of the auction and increments of bidding will be at the discretion of the Auctioneer. The determination by the Auctioneer as to all matters, including the high bidder and the amount of the high bid will be conclusive. Announcements made by the Auctioneer, Kevin D. Pifer of Auction Company, will take precedence over said printed matter. For complete prospectus and earnest money requirements contact. This auction bidder s information (including these terms and conditions and any picture or description of any property) is for your information and convenience only. Nothing contained in this information shall be binding on the Seller of the property or the Auctioneer, Auction Company. We encourage you to inspect any property you wish to bid on. The seller reserves the right to reject any and all bids. This sale is managed by Auction & Realty, Kevin Pifer, MN #14-106. info@pifers.com
AUCTION & REALTY Stock photos info@pifers.com