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Raphael Schneider Estate Land Auction – 80 Acres of Unimproved Lismore Twp., Nobles Co., MN Land

November 28, 2023 @ 10:00 am

LAND AUCTION

 ESTATE LAND AUCTION

 80 Acres of Productive Lismore Township Nobles County, MN Land  Located in an Excellent Agricultural Area Near Lismore, MN

We will offer the following real property at auction “On Site” at the land – Located from Lismore, MN (Jct. of Westside Ave & 170th St./Hwy. #16) – approx. 1 mile west to the NW Corner of the land at the Jct. of 170th St. & Chaney Ave.; or from the Adrian, MN Exit #26 on I-90 – approx. 7 miles north on Hwy #91, then 2 miles west on 170th St.

TUESDAY NOVEMBER 28, 2023                      SALE TIME: 10:00 AM 

AUCTIONEERS NOTE: In order to settle the Raphael Schneider Estate, we will offer this well located parcel of Nobles County, MN land at public auction. This auction awards an opportunity to purchase a productive well located +/- 80 acre parcel of land with a high percentage tillable located near Lismore, MN.  This land has been owned by the Schneider Family for many decades, thus this auction presents a once in a lifetime opportunity to purchase this land.  If you are in the market for a parcel of land to utilize as an addition to a row crop farming operation or as an investment, you will want to inspect this property and make plans to be in attendance at this auction.  Chuck Sutton

This choice +/-80 acre farm will be offered as a unit.  The land consists of a parcel of land which is has a relatively high percentage tillable and a superb location lying adjacent to a County hard surfaced highway and within 1 mile of Lismore, MN.  According to FSA 156EZ on this property, this +/-80 acre farm has approx. 73.39 acres of cropland, with a 45.65 acre corn base with a 124 bu. PLC yield and a 26.48 acre soybean base with a 39 bu. PLC yield.  The non-tillable acres of this farm are comprised of a drainage ditch/waterway and roads.  This farm has some very good soils on the cropland acres indicated by information obtained from the Nobles County Assessor which indicates this land has a CER of 61.97, comparatively information obtained from Surety Agri Data, Inc. indicates this land has productivity index of 87.1, with predominately Class I & II soils.  This farm has very good eye appeal and a general topography that is gently rolling to rolling.  There is evidence of drain tile in areas of the farm, although the trustee does not have any actual tile maps in his possession.  The total Non-Homestead RE taxes payable in 2023 on this property were $2,402.00.

LEGAL DESC.:  The W ½ NW ¼ of Sec. 11, T. 103N., R. 43W., (Lismore Twp.), Nobles County, MN.

TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before Jan. 17, 2024, with full possession for the 2024 crop year.   Marketable Title will be conveyed and at the option of the seller either an abstract of title continued to date or an owner’s title insurance policy will be provided to the buyer for examination prior to closing, if title ins. is utilized the cost of the owner’s policy will be divided 50-50 between the buyer and seller.   The acres sold are based on the acres as stated on the county tax records, with the acres understood to be “more or less”.   The closing agent’s fee will be divided 50-50 between the buyers and seller.   All of the RE taxes payable in 2023 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2024.  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 in “AS IS” Condition and 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 Trustee. This property has the potential to fulfill the needs of a variety of buyers including those looking for high quality productive cropland to add to their row crop farming operation and/or their investment portfolio.   To make arrangements for absentee bidding, contact the auctioneers. 

RAPHAEL SCHNEIDER TRUST – Robert Koehne, Trustee – ph. 507-360-9857  

CHUCK SUTTON – Auctioneer & Land Broker – MN Auct. Lic. #59-26 – Sioux Falls, SD – ph. 605-336-6315 & Pipestone Realty – Pipestone, MN – ph. 507-825-3389 

JARED SUTTON, CAI – RE Salesperson & Auctioneer – MN Lic. #59-72 – Flandreau, SD – ph. 605-864-8527

DEAN STOLTENBERG – RE Salesperson & Auctioneer – MN Lic. #59-38 – Jasper, MN – ph. 507-829-6856

Auction Details

Date:
November 28, 2023
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Dean Stoltenberg

Auction Details

Date:
November 28, 2023
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Dean Stoltenberg

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