Blom – +/-270.05 Acres of Unimproved Elmer Twp., Pipestone Co., MN Land

ESTATE LAND AUCTION 

+/-270.05 Acres of High Producing Elmer Township Pipestone County Minnesota Land  

We will offer both of these farms “On Site” at the land – Located from Pipestone, MN (McDonald’s Corner) – 6 miles south on 8^th Ave. SE or 80^th Ave./Co. Hwy. 58 and ¼ mile east on 41^st Street/Co. Hwy. #2 to the northwest corner of the land; from Ihlen, MN (Jct. Hwy. #23 & 41^st St.) – approx. 3½ miles east on 41^st St.; or from the Trosky, MN Corner on Hwy. #75 – 1 mile north on Hwy. #75 and 1 mile west on 41^st St. – The Northeast Corner of the land is at the Jct. of 41^st St. & 90^th Ave.

FRIDAY OCTOBER 7, 2022                     SALE TIME – 10:00 AM 

AUCTIONEER’S NOTE:  Due to the multi-fractioned ownership in this land the daughters of Nick and Sally Blom have made the decision to offer the following property at public auction.  This land will be offered in two individual parcels or as a combined unit.  This land has superb soils and has been maintained in an excellent state of cultivation and has been operated in a husbandry manner implementing soil conservation practices with terracing, grassed waterways and drain tile in sectors of the farm.  This land is located in a prominent agricultural area of Pipestone County, MN and is conveniently located within eyeshot of the Cargill Grain Terminal and other area grain markets with excellent highway frontage and highway access to two major highways being between both Hwy. #75 & Hwy. #23 and lying adjacent to Co. Hwy. #2 (41^st Street) and other nearby county highways all of which provide ease of access from farm to market and for transport of farm equipment.  This is high quality land located in the Garden Spot of Southwestern Minnesota.  If you are in the market for a parcel or parcels of productive Pipestone County MN Land to add to an area row crop farming operation or as an investment, then make plans to inspect these properties and be in attendance at this auction! 

THIS PROPERTY WILL BE OFFERED AS FARM #1 – +/- 148.95 Acres Unimproved, FARM #2 – 121.10 Acres Unimproved or as FARMS #1 & #2 Combined – The +/-270.05 Acre Unit

FARM #1 – +/-148.95 Acres – LEGAL DESC.:  The NE¼ of Sec. 18, T. 105N., R. 45W., (Elmer Twp.), Pipestone Co., MN, exc. the +/-11.98 Acre Acreage Site in the NE¼ NE¼, with Farm #1 containing 148.95 Acres M/L. 

FARM #1 consists of +/-148.95 Acres of Choice High Quality Productive Cropland with an Relatively High Percentage Tillable & Superb Soils.  This +/-148.95 acre parcel of land will be offered as an individual parcel or in combination with Farm #2.  According to FSA information this farm is stated to contain has approx. 144.09 acres of farmland with approx. 131.87 acres of cropland with a 50.87 acre corn base with a 146 bu. PLC yield and an 46.63 acre soybean base with a 43 bu. PLC yield and is presently enrolled under the ARC County Election of the USDA farm program for Corn & Soybeans.  This land has some excellent soils as according to the Pipestone County Assessor this farm has a CER of 69.79 and information obtained from Surety Agri-Data indicates this land has a very high weighted soil rating of 94.4, with the predominate soils comprised of primarily Class I & II soils.  This farm has very good eye appeal and has a gently rolling to rolling topography and high quality soils.  The farmability of this land has been enhanced by the installation of drain tile in sectors of this land.  The total Homestead RE Taxes payable in 2022 on this farm were $4,462.00.

FARM #2 – +/-121.10 Acres  – Located adjacent to the west of FARM #1 – LEGAL DESC.:  The E½ NW¼ and the NE¼ SW¼ of Sec. 18, T. 105N., R. 45W., (Elmer Twp.), Pipestone Co., MN, containing 121.10  acres M/L.

This +/-121.10 acre parcel of land will be offered as an individual parcel or in combination with Farm #1.  According to FSA information this farm is stated to contain has approx. 117.56 acres of farmland with approx. 114.55 acres of cropland with a 42.56 acre corn base with a 146 bu. PLC yield and an 42.64 acre soybean base with a 43 bu. PLC yield and is presently enrolled under the ARC County Election of the USDA farm program for corn & soybeans.  This land has some excellent soils as according to the Pipestone County Assessor this farm has a CER on the south 80 acres of 67.85 and on the north 40 acres of 71.2 and comparatively information obtained from Surety Agri-Data indicates this land as a whole has a very high weighted soil rating of 993.9, with the predominate soils comprised of primarily Class I & II soils.  This farm has very good eye appeal and has a gently rolling to rolling topography and high quality soils.  The total Homestead RE Taxes payable in 2022 on the 40 Acres were $1,332.00 on the 80 acres were $2,448.00.

TERMS: Cash – A 10% nonrefundable earnest money payment sale day and the balance on or before Nov. 30, 2022, with full possession subsequent to the harvest of the 2022 standing crops and the existing tenants rights to remove corn stalks and/or bean straw in accordance with mutual agreements between the parties and the existing farm lease.   Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing.   The closing agent’s fee (O’Neill & Barduson Law) to be divided 50-50 between buyer & seller.  All of the RE taxes payable in 2022 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2023.  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.  These properties are sold based on the acres as determined by a survey as completed by Stockwell Engineers Inc., with the acres understood to be “more or less”.  This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Pipestone 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 Co-Owners.  These parcels of land have potential to provide exceptional cash flows and would make excellent additions to area row crop or crop/livestock operations and/or as investment properties. To make arrangements for absentee bidding or for addt’l information contact the auctioneers. 

TERMS: Cash – A 10% nonrefundable earnest money payment sale day and the balance on or before Nov. 30, 2022, with full possession subsequent to the harvest of the 2022 standing crops and the existing tenants rights to remove corn stalks and/or bean straw in accordance with mutual agreements between the parties and the existing farm lease.   Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing.   The closing agent’s fee (O’Neill & Barduson Law) to be divided 50-50 between buyer & seller.  All of the RE taxes payable in 2022 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2023.  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.  These properties are sold based on the acres as determined by a survey as completed by Stockwell Engineers Inc., with the acres understood to be “more or less”.  This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Pipestone 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 Co-Owners.  These parcels of land have potential to provide exceptional cash flows and would make excellent additions to area row crop or crop/livestock operations and/or as investment properties. To make arrangements for absentee bidding  contact the auctioneers. 

 DAUGHTERS OF NICK & DELIA “SALLY” BLOM

Marcy Roscoe, Donna Etrheim, Diane Hintze, Carol Baatz & Karen Wohnoutka, Owners

Damain Sandy – O’Neill & Barduson Law Firm- – Attorney & Closing Agent for the Estate – Pipestone, MN – ph. 507-825-4266

 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 – Lic. #59-38 – Jasper, MN – ph. 507-348-7352

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