Appeldorn – +/-160 Acres of Unimproved Grange Twp., Pipestone Co., MN Land
September 1, 2021 @ 10:00 am
LAND AUCTION
+/-158.75 Acres of Choice Grange Township Pipestone County Minnesota Land with a High Percentage Tillable& High Caliber Productive Soils
We will offer this property “OnSite” at the Land – Located from Pipestone, MN at the Jct. of Highways #30& #75 (McDonald’s Corner) – Approx. 4 miles north on Hwy. #75 to 141st St., then 2 ½ miles east on 141st St.; or from Holland MN – approx. 2 miles southwest on Hwy. #23 to 141st St., then approx. ½ mile west on 141st to the Southeast Corner of the Land at the Jct. of 141st St. & 110th Ave.
WEDNESDAY MORNING SEPTEMBER 1, 2021 SALE TIME: 10:00 AM
Auctioneer’s Note: This auction presents the opportunity of a lifetime to purchase an excellent parcel of land that is located in one of the leading agricultural areas of Southwestern Minnesota. This farm has excellent eye appeal and high percentage of choice productive cropland which has been in theAppeldorn family for many decades. If you are in the market of high caliber Pipestone Co., MN Land, then make plans to attend this auction.
This +/-158.75 acre farm will be offered as a unit. This farm consists of a choice parcel of farmland which has a high percentage tillable and some excellent productive soils which has been maintained in an excellent state of cultivation. According to FSA information this +158.75 acre farm has approximately 145.66 acres of cropland, with the non-tillable acres comprised of a +/-2.96 acre tree grove, grassed waterway and roads; this farm is presently combined with an adjacent quarter owned by the Appeldorn’s, which together has a 125.37 acre corn baseand a 162.83 acre soybean base – which when divided based on a cropland ratio division and estimating that approx. 50.45% of the cropland and base acres are attributable to this parcel of land it is estimated that this farm may have an approximate projected corn base of 63.25 acres with a 158 bu. PLC yield and an 82.15 acre soybean base with a 37 bu. PLC yield; currently this land is enrolled in the USDA Farm Program under the Price Loss Coverage Election for Corn and the ARC County Election for Soybeans. According to the Pipestone Co. Assessor this parcel has a CER of 73.8, comparatively information obtained from Surety Agri Data, Inc. indicates that this farmhas an extremely high weighted average productivity index of 93.9, with the cropland comprised predominately of Class I & II soils. The general topography of this land is level to gently rolling. The farmability and productivity of this land has been enhanced by the installation of a significant amount of drain tile, which from a review of the tile maps provided by the owner it appears to indicate that there is over approximately 30,000’ of drain tile installed throughout sectors of this farm, plus there is older clay tile in portions of the farm – with all of this tile outletting into the County Drainage Ditch that runs along Hwy. #23. The total non-homestead RE tax amount payable in 2021 on this property was $5,878.00.If you are in the market for a choice parcel of land that has potential to serve as a terrific addition to an area row crop farming operation or as an investment, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The SE¼ of Sec. 21, T. 107N., R. 45W., (Grange Twp.), Pipestone Co., MN.
TERMS: TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale with a split closing and the remainder on a short-term installment contract with an additional 40% on Dec. 30, 2021 and the remaining 50% on Jan. 4, 2022, with landlord’s possession on or before Dec. 30th and full possession subject to the rights of the existing tenant to harvest the 2021 crops the rights of the tenant subject to the terms of their existing farm lease which expires on March 1, 2022. Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing. All of the RE taxes payable in 2021will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2022. 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 will be sold based on the surveyed acres as determined by a survey as completed by Meyer Land Surveying, with the acres understood to be “more or less”. This land 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. Closing agent for this transaction will be Pipestone County Abstract & Title.The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the owners.
This is a choice parcel of land that would make excellent addition to area row crop farming operation and/or as investment property, as this farm has high caliber soils and a relatively high percentage tillable and are located in an excellent agricultural in Grange Township and situated near Pipestone & Holland, MN. For additional information contact the auctioneers.
JOHN & GERRI APPELDORN, Owners – Ph. 507-820-1686
CHUCK SUTTON – Auctioneer & Land Broker –Pipestone Realty LLC- MN Auct. Lic. #59-26 –
Sioux Falls, SD – ph. 605-336-6315 & Pipestone, MN – ph. 507-825-3389
DEAN STOLTENBERG –RE Salesperson &Auctioneer –Auct. Lic. #59-38 – Jasper, MN – ph. 507-348-7352
JARED SUTTON – RE Salesperson & Auctioneer –Auct. Lic. #59-72 – Flandreau, SD – ph. 605-864-8527