ESTATE LAND AUCTION
+/- 160 Acres of Well Located Rock Township, Pipestone County, MN Land – Property Includes a Farmstead with an Older House & Outbuildings and is Inclusive of a Mixture of Productive Cropland and Established Hayland/Pasture –This Property is Situated Near Woodstock, MN in East Central Pipestone County
In order to settle the Lucille Strom Estate, we will offer the following real property at auction at the building site on the land located at 1884 141st Street, Woodstock, MN; from the Woodstock, MN/Diamond Corner on Hwy. #30 – 4 miles north on Co. Hwy. #18 (180th St.) and ½ mile east on 141st St. to the Southwest Corner of the Land; from Pipestone, MN (McDonalds Corner) – 10 miles east on Hwy. #30 to the Diamond Corner on Hwy. #30 (Woodstock, MN Corner) – 4 miles north on Co. Hwy. #18 (180th Ave.) and ½ mile east on 141st St.; from Holland, MN – 4 miles east on 171st St. and 3 miles south on 180th Ave. and ½ mile east on 141st St.
THURSDAY SEPTEMBER 24, 2020 SALE TIME: 10:00 AM
ATTENTION CROP-LIVESTOCK OPERATORS – This auction presents a great opportunity to purchase a well located parcel of land consisting of +/-160 acres situated in a prominent crop and livestock area of eastern Pipestone County, MN, situated north of Woodstock, MN and just 1½ miles west of the Murray/Pipestone County, MN line. The improvements on this farm include an older 1½ story home with a west entry and main level comprised of a kitchen w/dining area and wooden cabinets, a living room, a bedroom w/closet and a full bath with space for a stackable washer and dryer; the 2nd story has 2 bedrooms w/closets and a dormer storage area; the home has a full basement with a poured concrete foundation and includes a Nutone fuel oil forced air furnace, gas HW heater fused electrical, laundry area and built-in storage shelving – The home is in need of a substantial amount of updating and renovation – any future upgrades of the septic system will be the sole responsibility of the buyer. Water to the farmstead is provided by well which will be certified as “in use”. The small LP tank utilized for the gas stove and hot water heater is leased and is not included with the property. Other improvements include a wdn. garage/storage bldg., metal pole type machine shed w/sliding door and walk door (approx. 40’x48’), an old wooden granary/stg bldg., wdn. hip roof barn w/steel roof, wdn. quonset style hog/sheep barn and a +/-1,500 bu. steel grain bin, with these improvements situated within a mature tree grove that is on all 4 sides of the farmstead. This parcel of land is inclusive of a mixture of productive cropland and pasture/hayland, as according to FSA information this farm has a total of approx. 125.8 acres of cropland, with a 59.31 acre corn base with a 129 bu. PLC yield and a 58.19 acre soybean base with a 41 bu. PLC yield, with this farm enrolled under the ARC County election of the USDA farm program; the remainder of the property consists the farmstead, grove, hayland/pasture with a dugout and grassed waterway. According to the Pipestone Co. Assessor this parcel has a CER of 67.21, comparatively information obtained from Surety Agri-Data, Inc. indicates that this parcel of land has a weighted average productivity index of 89.4. The total Homestead RE taxes payable in 2020 on this property are $1,868.00. If you are in the market for a very well located parcel of land with a mixture of cropland and pasture, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The SE¼ of Sec. 23, T. 107N., R. 44W., (Rock Twp.), Pipestone Co., MN.
TERMS: Cash – A 10% nonrefundable downpayment on the day of the sale and the balance on or before December 1, 2020 with full possession in 2021 for the 2021 crop and haying/grazing season. Marketable Title will be conveyed and an abstract of title will be continued to date and will be provided to the buyer for examination prior to closing. All of the RE taxes payable in 2020 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2021. 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. FSA cropland acres, yields, bases & other information are estimated and subject to County Committee approval. This property is sold based on the acres as stated on the County Assessor’s records, with the acres understood to be “more or less”. The improvements on this property are in “fair to poor condition” and are sold in “AS IS” Condition, with any future upgrades of the septic system to be the responsibility of the buyer. 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 Owners.. For additional information contact the auctioneers .
LUCILLE STROM ESTATE
Donald Strom & Michael Strom, Owners
O’Neill & Barduson Law Firm – Attorney & Closing Agent for the Estate – Pipestone, MN
CHUCK SUTTON – Auctioneer & Land Broker – Lic. #59-26 – Sioux Falls, SD – ph. 605-336-6315, Pipestone, MN – ph. 507-825-3389 & Flandreau, SD – ph. 605-997-3777;
DEAN STOLTENBERG – Auctioneer – Lic. #59-38 – Jasper, MN – ph. 507-348-7352
& JARED SUTTON – Auctioneer – Lic. #59-72- Flandreau, SD – ph. 605-864-8527