Garnmeister – 147.65 Acres of Unimproved Springwater Twp., Rock Co, MN Land
October 2, 2020 @ 10:00 am
LAND AUCTION
147.65 Acres of High Producing Springwater Township Rock County Minnesota Land
We will offer the following real property at auction at the land located from Jasper, MN (Jct. Hwy. #23 & 251st St./Co. Hwy. #12 – 2 ½ miles east on 251st St. & 7 ½ miles south on 60th Ave. (Co. Hwy. #6 to the NE Corner of the Land; the Pipestone-Jasper Exit #1 on I-90 – 8 ½ miles north on Hwy. #23 to 171st St., then 3 ½ miles east; from Garretson, SD – 3 miles east to the Jct. of 161st St. & Hwy. #23, then continue 4 miles east on 161st St. to 60th St. (Co. Hwy. #6), then 1 mile north on 60th Ave.; from the Hardwick MN Corner on Hwy. #75 – 7 miles west on 201st St. and 2 ½ miles south on 60th Ave.
FRIDAY OCTOBER 2, 2020 SALE TIME: 10:00 AM
This auction presents a great opportunity to purchase a very well located +/-147.65 acre parcel of land that is located in Springwater Twp. of Rock County which is one of the leading agricultural areas of Southwestern Minnesota. This farm has excellent soils, very good eye appeal and an extremely relatively high percentage tillable. This farm has a very good location bordered on the east by Co. Hwy. #6 (60th Ave.) and on the south by 171st St. This farm has been maintained in an excellent state of cultivation with contour practices and grassed waterways implemented. According to FSA information this +/-147.65 acre farm has approximately 135.51 acres of cropland with a 66.7 acre corn base with a 161 bu. PLC yield and a 66.7 acre soybean base with a 44 bu. PLC yield, with the non-tillable portions comprised of grassed waterways and roads. According to the Rock Co. Assessor this parcel has an excellent CER of 90.47, also information obtained from Surety Agri-Data, Inc. indicates that this farm has a very high weighted average productivity index of 87.9 with the cropland comprised predominately of Class I & II soils, with approx. 11.9 acres of lower quality soils in the waterways and drainage areas. According to the owners this property has a mixture of older clay tile and approx. 5,790’ of newer tile installed by Evans Farm Drainage (approx. 2,936’ of 5” & 6” in 2007 and 2,858’ of 5”, 6” & mostly 8” tile installed in 2008). The general topography of this land is gently rolling to rolling. There is an existing wind easement on this property with no towers in place with the most recent annual payment for 2019 payable 2020 being $3,325.56, in addition the 2020 payment payable in 2021 will be retained by the owners. The total non-homestead RE taxes on this property payable in 2020 were $5,044.00. If you are in the market for a productive parcel of land located in an excellent farming area of Rock County, MN 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, exc. +/-12.35 acre acreage in the SE Corner and the W½ E½ W½ NE¼, Sec. 9, T. 103N., R. 46W., (Springwater Twp.), Rock Co., MN.
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before December 11, 2020, with possession subsequent to the harvest of the 2020 crops and the rights of the existing tenant and his rights under the lease which expires on March 1, 2021. Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing. This property is subject to a previously conveyed Wind Rights Easement to which the purchaser will be obligated to comply, with the sellers retaining the payment paid in 2020 in the amount of $3,325.56, also the 2020 payment payable in 2021 to be retained by the sellers, with any or all future payments to be paid to the new owner. All of the RE taxes payable in 2020 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2021. 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 based on the acres as stated on the county tax records with the acres understood to be “more or less” and 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. The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the Owners. For additional information contact the auctioneers.
HEIRS OF RUFUS AND VERNA GARNMEISTER, Owners
Jeff Haubrich – Klosterbuer & Haubrich, LLP – Attorney & Closing Agent for the Sellers – Luverne, MN – ph. 507-283-9111
CHUCK SUTTON – Auctioneer & Land Broker – Lic. #59-26 – Sioux Falls, SD – ph. 605-336-6315, Pipestone, MN – ph. 507-825-3389
& Flandreau, SD – ph. 605-997-3777
DEAN STOLTENBERG – RE Salesperson & Auctioneer – Lic. #59-38 – – Jasper, MN – ph. 507-348-7352
JARED SUTTON – RE Salesperson & Auctioneer – Lic. #59-72 – – Flandreau, SD – ph. 605-864-8527