Boen – Luverne Twp., Rock Co. MN Land Auction
October 26, 2022 @ 10:00 am
LUVERNE TOWNSHIP ROCK COUNTY, MN LAND AUCTION
+/-220.40 Acres of Well-Located Luverne Township Rock County MN Land Near Luverne, Minnesota with a variety of Amenities with Both Income Producing Land and Hunting and Recreational Land! Attention Aggregate, Gravel & Material Producers, Investors, Entrepreneurs, Farm Operators & Others in the Market for a Multi-faceted Parcel or Parcels of Land Situated near the City Limits of Luverne MN. This is a “One of a Kind” Offering of Land which will be Offered in Individual Parcels & Combinations of Parcels
It is our privilege to offer the following land at Public Auction at the Farmstead located at 1228 140th Ave, Luverne, MN. From the Jct. of Hwy #75/130th Ave & 131st St. on the North Side of Luverne MN (Sanford Hospital), 1 Mile East on 131st St., then ½ mile South on 140th Ave.
WEDNESDAY OCTOBER 26, 2022 Sale Time: 10:00 AM
This property will be offered as Parcel #1 – +/-180.73 Surveyed Acres, Parcel #2 – +/-39.67 Surveyed Acres, a combination of Parcels #1 & #2 – consisting of +/- 220.40 Surveyed Acres
To view drone videa, please click link below . . .
AUCTIONEER’S NOTE: This land is a “One of a Kind” Offering of Land which will be Offered in Individual Parcels & Combinations of Parcels. This land deserves the attention of Gravel, aggregate & material producers as according to a study previously completed on the property in its entirety there is potentially 11.4 million tons of material. Additionally, this property is a “Hunting Meca” and this may be one of the more unique properties to be sold in the Luverne Area for Hunters & Wildlife Enthusiasts in quite some time. Lastly, this piece would also fit the needs of a large variety of buyers including Row Crop & Crop-Livestock Operators & Investors in the market for well located Rock County, MN Farmland.
*** Please note – The Acreage site is not included in this auction. ***
PARCEL #1: +/- 180.73 Acres of unimproved land including the surrounding quarter section less the acreage site & 35.19 acres situated north. ABBREVIATED LEGAL DESC.: The NW 1/4 of Sec. 1, Exc. That part of the NW ¼, & the SW ¼ of Sec.1, Exc. Acreage Site & that part of the SW 1/4, all in Sec. 1, T. 102N., R. 45W, Luverne Twp., Rock Co., MN – Full Legal Desc. w/ exceptions detailed in completed surveys.
Parcel 1 consist of +/-180.73 Surveyed Acres. This land consists of a mixture of productive cropland, grassland acres, trees & acres lying within Rock River. According to information from Surety Agridata Inc., this parcel has a weighted average productivity index of a 64.6, however over 75% of this land consists of Class I & II soils with the primary soil types being Spillco silt loam & Havelock clay loam with lower class soils in the acres encompassed by Rock River & other lowland acres. Rock County Assessor’s information indicates that this parcel has CER’s of a 62.9 & a 65.65. According to FSA information this property has roughly 125.66 acres of cropland, with the non-tillable acres comprised waterway, acres encompassed by Rock River, trees, and roads. FSA Yields & Bases may be somewhat overstated as the current owner operates adjacent cropland to the north and any new cropland acres, yields or bases & other information is subject to reconstitution. Yields and bases on the property in its entirety show an FSA 134.51 acre corn base with a 120 bu. PLC yield and a 39.84 acre soybean base with a 40 bu. PLC yield. One of the more noteworthy attributes of this land is that there are heavily wooded acres that provide superb hunting and recreational habitat. The total 2022 RE Taxes on Parcel #1 are $1,866.00 & will be subject to adjustment with Acreage Breakout.
PARCEL #2: +/- 39.67 Acres of unimproved land situated approx. ½ mile south of the Farmstead near the City limits of Luverne, MN. LEGAL DESC.: The NW ¼ of the NW ¼ of Sec. 12, T. 102 N., R. 45 W., Luverne Twp., Rock Co., MN
Parcel #2 consists of +/-39.67 Surveyed Acres. This land consists of a mixture of productive cropland, grassland acres, trees & acres lying within Rock River. According to information from Surety Agridata Inc., this parcel has a weighted average productivity index of a 41.8 with a large portion of acres comprised of trees, grassland, & Rock River. Rock County Assessor’s information indicates that this parcel has CER of a 61.03. According to FSA information this farm has approx. 18.99 acres of cropland, with the non-tillable acres comprised waterway, acres encompassed by Rock River, trees, and roads. This farm is truly a hunting meca and is a haven for wildlife including deer, pheasants, turkeys & other wildlife. This farm would be an excellent piece for hunting & wildlife enthusiasts, row crop & crop livestock operators, or investors seeking well located land with a variety of amenities. The 2022 RE Taxes on this parcel are $276.00.
TERMS: – A 10% non-refundable down payment sale day and the balance on or before December 16, 2022, with possession of the land subsequent to the harvest of the 2022 crops & Fall Corn Stalk Baling. Marketable Title will be conveyed and at the seller’s option either abstracts of title or title insurance will be prepared and continued at the expense of the sellers and provided to the buyer for examination prior to closing. If title insurance is provided the cost will be divided 50-50 between the buyer and seller. Rock County Abstract & Title will act as the closing agent for the transaction with the Closing Agents Fees to be split 50-50 between the sellers & purchasers. 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 acres in this property are to be based on the acres as determined by a survey completed by Stockwell Engineers, Inc., with the acres understood to be “more or less”, with the survey cost paid by the owners. The sellers do not warrant or guarantee that existing fences lie on the true & correct boundary. Any new fencing or future maintenance of fences is the responsibility of the buyer in accordance with Minnesota law. Any septic inspections and replacement will be the responsibility of the purchaser. This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed. The Auctioneers/RE Licensees in this transaction stipulate that they are acting as agents for the seller. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Rock County, MN Zoning Ordinances and/or Regulations. The closing agent for this transaction will be Rock County Abstract & Title. Property is Sold subject to confirmation of the Owners.
Please mark your calendars and plan to attend this auction! Broker Participation Welcome, with a 1% commission payable to a licensed MN RE Broker who properly pre-registers and represents a successful purchaser and that meets the prescribed criteria for Broker Participation – for Information Broker’s should contact the Auctioneer’s by email at email@example.com or by phone at 605-336-6315.
This property has the potential to fulfill the wish list of a variety of buyers – whether it be row crop/crop-livestock operators, hunters & wildlife enthusiast, gravel and aggregate material operators, investors and others in the market for a multi-faceted scenic parcel(s) of Southwest MN land. Please mark your calendars and make plans to attend this auction, or of you are unable to attend and need to make arrangements to bid by phone, contact the auctioneers prior to the day of sale to make arrangements. To view a drone video of the property, survey drawings and maps, FSA maps, and other additional information see www.suttonauction.com.
TOR & LORI BOEN, Owners
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
JARED SUTTON – RE Salesperson & Auctioneer – Lic. #59-72 – Flandreau, SD – ph. 605-864-8527
DEAN STOLTENBERG – RE Salesperson & Auctioneer – Lic. #59-38 – Jasper, MN – ph. 507-348-7352