D&J Ranch Properties, LLC, Etal

ROCK COUNTY, MN ESTATE LAND AUCTION 

+/-167.74 Acres To be Sold in Accordance with a Survey Consisting of 2 Parcels of Beaver Creek Township Rock County, MN Land – Located Near Valley Springs, Brandon & Garretson, SD, Manley & Beaver Creek MN – FARM #1 +/-87.2 Acres Lying Adjacent to the MN/SD State Line & FARM #2 – +/-80 Acres – Both Farms #1 & #2 are Within the Same Section and Lie Between the MN/SD State Line & MN Hwy. #23 

Due to the current Multi-Fractioned Ownerships in this land subsequent to the death of Dr. Dean & Jeraldine “Jerry” Johnson, the beneficiaries have made the decision to offer the following parcels of land at public auction, with the auction of all parcels to be held “ON SITE” at FARM #1- which is located from the Pipestone-Jasper, MN Exit #1 on I-90 – ½ mile north on Hwy. #23 and 1 mile west on 91^st St. to the SW Corner of Farm #1; from Garretson, SD – approx. 5 miles south on 486^th Ave., 2 miles east on Co. Hwy./258^th St. to the SD & Rock County MN State Line, then 2 miles south on SD 488^th Ave./MN 10^th Ave. to the SW Corner of the Farm #1; or from Beaver Creek, MN – approx. 3 ½ miles west on Hwy. #17/91^st St. to Hwy. #23, then 1 mile west on 217^th to the SW Corner of Farm #1; or from the Brandon/Corson, SD Exit #406 on I-90 – 7 miles east to the Pipestone-Jasper, MN Exit #1, then ½ mile north on Hwy. #23 and 1 mile west on 91^st St.

TUESDAY NOVEMBER 14, 2023                             SALE TIME: 10:00 AM 

This auction presents an excellent opportunity to purchase 2 parcels of well-located Beaver Creek Twp., Rock County, MN land.  If you are in the market for a parcel or parcels of land with many excellent amenities to add to a row crop farming operation and/or as an addition to your investment portfolio, then make plans to inspect this property and be in attendance at this auction or contact the auctioneers to make arrangements for absentee bidding.  BOTH OF THESE PROPERTIES WILL BE AVAILABLE WITH FULL POSSESSION TO THE BUYER TO FARM OR LEASE IN THE 2024 CROP YEAR.  

FARM #1: +/- 87.21 Acres – SALE SITE – Located as described above – LEGAL DESC.:  Lot 2 in Sec. 22, T. 102N., R. 47W (+/-16.67 Acres) and the W ½ SW ¼, Exc. RR & Exc. Acreage Site Previously Sold, Sec. 23, T. 102N., R. 47W., all in Beaver Creek Twp., Rock Co., MN

This +/-87.21 acre farm will be offered as a single individual parcel.  This property has been or will be surveyed, as the FSA acres appear to be overstated as compared to the acres on the county tax records, as according to FSA information this property (FSA TR. #8272) has approx. 88.45 acres of farmland with approx. 73.91 acres of cropland with an FSA 44.90 acre corn base with a 167 bu. PLC yield and a 28.0 acre soybean base with a 46 bu. PLC yield and has been enrolled under the ARC County election for corn and soybeans of the USDA farm program.  According to the Rock County Assessor this land has a CER of 83.32, comparatively info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 92.3.  This land has a bit of an irregular shaped configuration with approx. 22.49 acres of cropland lying south and west of the RR and approx. 51.42 acres of cropland lying east and north of the RR.  The non-tillable portion of this farm is comprised of waterway, trees/bushes & road.  The general topography of this land is gently rolling to rolling with some lower lying areas in the waterways and drainage.  This property has a convenient location near I-90, Hwy. #23, Valley Springs, Garretson & Brandon, SD, area grain terminals, other area communities and points of interest.  The RE taxes payable in 2023 on this property were $2,228.00 and $502.00 or a combined total of $2,730.00. 

FARM #2: +/- 80.53 Surveyed Acres – Located from the Sale Site (FARM #1 – Jct. 10^th Ave. & 91^st St. ) – 1 mile north to the Jct. of 10^th Ave & 101^st St., then approx. ½ mile east on 101^st St.; from the Pipestone-Jasper, MN Exit #1 on I-90 – 1½ miles north on Hwy. #23 and ¼ mile west on 101^st St. to the NE Corner of Farm #2; from Garretson, SD – approx. 5 miles south on 486^th Ave., 3 miles east on Co. Hwy. to MN Hwy. #23, then 1 mile south on Hwy. #23 and ¼ mile west on 101^st St. – LEGAL DESC.:  The W½ NE¼ of Sec. 23, T. 102N., R. 47W., all in Beaver Creek Twp., Rock Co., MN

This +/-80.53 acre farm will be offered as a single individual parcel.  According to FSA information this property (FSA TR. #8271) has approx. 77.25 acres of farmland with approx. 71.92 acres of cropland with an FSA 58.91 acre corn base with a 166 bu. PLC yield and a 13.0 acre soybean base with a 43 bu. PLC yield and has been enrolled under the ARC County election for corn and soybeans of the USDA farm program.  According to the Rock County Assessor this land has a CER of 79.67, comparatively info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 87.2.  The non-tillable portion of this farm is comprised primarily of waterway & road.  The general topography of this land is gently rolling to rolling.  This property has a convenient location near I-90, Hwy. #23, Valley Springs, Garretson & Brandon, SD, area grain terminals and other area communities and points of interest.  The RE taxes payable in 2023 on this property were $2,322.00. 

TERMS: Cash – A 10% nonrefundable earnest money payment sale day and the balance on or before December 27, 2023, with full possession subject to the rights of the existing tenant to the harvest the 2023 crops and their rights under the existing farm lease.    Marketable Title will be conveyed and at the option of the sellers – either a title insurance policy will be provided with the cost of the owner’s title policy divided 50-50 between the buyer and seller; or abstract(s) of title continued to date will be provided to the buyer for examination prior to closing.   The acres sold are based on the acres as determined by a recent survey as completed by Stockwell Engineering, with the acres understood to be “more or less”.   The closing agent’s fee (Rock County Abstract) to be divided 50-50 between the buyers and sellers.   Sellers will pay for the transfer documents and deed tax, buyers will pay for the recording of the deed and title examination. 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 Receiver.

These properties have the potential to fulfill the needs of a variety of buyers including those looking for a parcel or parcels of land to add to their row crop farming operation and/or their investment portfolio.  These are desirable parcels of land located in a prominent agricultural area of Rock County, MN that be seen to be appreciated! To make arrangements for absentee bidding, contact the auctioneers.   

D&J RANCH PROPERTIES, LLC, ETAL – Owners

Pamela R. Reiter – Reiter Law Firm, LLC – Court Appointed Receiver- – Sioux Falls, SD – ph. 605-705-2900  

CHUCK SUTTON – Auctioneer & Land Broker – Mn. Auct. Lic. – #59-26 – Sioux Falls, SD – ph. 605-336-6315

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

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

TOM SOUVIGNIER – Auctioneer – MN Auct. Lic. #67-49 – Canton, SD – 605-987-2404

TED SOUVIGNIER – Auctioneer – MN Auct. Lic. #67-87 – Canton, SD – 605-660-3962