LAND
AUCTION
465.85
Acres of
FRIDAY, SEPT. 12 at 10:00 AM
LOCATION: Pizza Ranch on
FARM
#1 LEGAL: The S 1/2 of SW 1/4 & S1/2 of SE 1/4, Sec. 15, Osborne
Twp (105-44), selling 160 acres, more or less.
FARM
#2: 153.70 acres in SE 1/4 of Sec. 14 & 7 acres in the NW
corner of NE 1/4 of Sec. 23, all in Osborne Twp. (105-44), selling
160.70 acres, more or less.
FARM
#3: 120 acres in the NE 1/4 of Sec. 27 & 19.2 acres in SE
1/4 of Sec. 22, lying south of the Hwy. & old railroad right-of-way &
5.95
acres of RR land (105-44), selling 145.15 acres,
more or less.
FSA
& SOIL INFO:
FARM #1 (Sec. 15): According
to the Pipestone County FSA office, the tract has 113.9 acres tillable with
balance in pasture and waterways. A corn base of 50.1 acres & 75 bu. direct
yield & 113 bu. CC yield; soybean base of 37.9 acres w/30 bu. direct yield &
36 bu. CC yield; wheat base of 14.7 acres w/27 bu. direct & 30 bu. CC
yield; a barley base of 5.1 acres w/43 bu. direct & 50 bu. CC yield.
According to the assessor, this tillable land has a CER rating of 61.7. The
basic soils are Estelline (EsA) silty clay loam 0 to
2% slope, Kranzburg (KrB2) silty clay loam, 2 to 4%
slope, Renshaw (ReB) loam 2
to 6% slope, Lamoure (Lb) silty clay loam, frequently flooded (pasture).
FARM #2 (Sec. 14 & 23): According
to the Pipestone County FSA office, this tract has 124.7 acres tillable with
balance in pasture and road. A corn base of 51.8 acres & 75 bu. direct
yield & 113 bu. CC yield; soybean base of 39.1 acres w/30 bu. direct yield
& 36 bu. CC yield; wheat base of 15.3 acres w/27 bu. direct & 30 bu. CC
yield; a barley base of 5.2 acres w/43 bu. direct yield & 50 bu. CC yield. There is 3.5 acres in CRP until 2018 at a
rate of $89.55 per acre that will transfer to the buyer starting Oct. 1, 2008.
This tillable land has a CER rating of 67.89. The basic soils on this tract are
Estelline (EsA) silty clay loam 0 to 2% slope,
Estelline (EtA) silty clay loam deep, 0 to 2% slope, Renshaw (ReB) loam 2 to 6% slope,
LaPrairie (Lp) loam.
FARM #3 (Sec. 27 & 22): According
to the Pipestone County FSA office, this farm has 90.4 acres tillable with
balance in pasture and roads. A corn base of 39.2 acres w/75 bu. direct yield
& 113 bu. CC yield; soybean base of 29.6 acres w/30 bu. direct yield &
36 bu. CC yield; wheat base of 11.5 acres w/27 bu. direct & 30 bu. CC
yield; a barley base of 4 acres w/43 bu. direct & 50 bu. CC yield. There is
a CRP contract w/ 2.9 acres in until 2018 at a rate of $94.80 per acre (filter
strip).The Pipestone County Assessor has a CER rating of 59 on the tillable
land. The basic soils on this tract are Estelline (EsA)
silty clay loam 0 to 2% slope, Estelline (EsB) silty clay
loam 2 to 6% slope, LaPrairie (Lp)
loam, Vienna (VaC2) loam 6 to 12% slope, Vienna (V6B) silty clay loam 2 to 4%
slope, (BxE) Buse Sioux complex.
TERMS: 10%
down day of sale with balance due on Nov. 3, 2008, known as closing date.
Seller shall pay 100% of the real estate taxes due and payable in 2008. Buyer
shall pay 100% of the real estate taxes due and payable in 2009 and thereafter.
Sellers shall receive all rent payments due in 2008. In regard to the CRP acres
on the two tracts, that contract would be assumed by the buyers starting Oct.
1, 2008.
AUCTIONEERS NOTE: I
will be offering three very good farms and each one will have some pasture
also. Come to the sale and help yourself. Thanks, Paul. Announcements day of
sale take precedence over printed advertisement.
To view auction on line go to www.pipestonestar.com & click on
auctions or www.thepeachlist.com.
River Ridge Farms, Inc., owners
(Known as Old Hanenburg Farms)
CLOSING AGENT:
James O'Neill of O'Neill & Barduson Law Office
AUCTIONEERS:
Paul
J. Nelson, 59-37, Auctioneer & RE Broker, 507-825-3093
Chuck
Sutton, Auctioneer & Land Broker, 605-336-6315
Arlyn Zylstra,
Auctioneer, 507-825-3952