Greengo Land – +/-56.68 Acres of Extremely Well Located Pipestone Co., MN Land

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LAND AUCTION

+/-56.68 Acres of Extremely Well Located High Producing Sweet Township, Pipestone County MN Land – Located Directly West of the Pipestone High School

In order to settle the Doris Greengo Estate, we will offer the following real property at auction at the land located from Pipestone, MN – 1 mile west on Hwy. #30 – with the SW Corner of the Land at the Jct. of Hwy. #30 (101^st St.) & 60^th Ave. – located directly west of and adjacent to the Pipestone Area High School.

TUESDAY SEPTEMBER 19, 2017                     SALE TIME:  10:00 AM

Auctioneer’s Note:  This auction presents an opportunity to purchase an extremely well located +/-56.68 acre parcel of land.  This parcel features some level cropland with areas that might also provide a nice location for a rural home site in conformance with County zoning which allows 1 housing site per 35 acres, especially due to the closeness of this land in proximity to the Pipestone High School, the City of Pipestone, MN and MN Hwy. #30.  This property will be surveyed at the expense of the estate with the purchase price to be adjusted based on the surveyed acres.  If you are in the market for a unique parcel of land with many excellent amenities and unbridled future potential then make plans to inspect this property and be in attendance at this auction.

This property consists of a very well located parcel of Pipestone County, MN land with excellent eye appeal, high producing cropland with excellent soils and a few acres of drainage waterway/hayland.  This land is located on the west edge of Pipestone, MN and is situated directly west of the Pipestone Area High School and wraps around the KLOH radio property with the SW corner of the property at the Jct. of Hwy. #30 & 60^th Ave.  According to FSA information this +/- 53 acre farm has approximately 47.48 acres of cropland with a 25.2 acre corn base with a 142 bu. PLC yield and 21.80 acre soybean base with a 44 bu. PLC yield and is enrolled in the ARC County election of the USDA farm program. The non-tillable portions of this farm consist of drainage/waterway/hayland & roads.  According to the Pipestone Co. Assessor this parcel has a CER of 76.15, comparatively information obtained from Surety Agri-Data, Inc. indicates that this farm has a very high weighted average productivity index of 88.2, with the cropland comprised predominately of Class I & II soils.  The general topography of this land is level to nearly level.  The total RE taxes (non-homestead) payable in 2016 were $2,044.00.

Abbreviated Legal Desc.: +/- 56.68 acres in the W ½ of Sec. 11 S. of the RY and Less Meyer Add’n., less that portion of the School Site in the SW ¼ and less the KLOH Radio Station & Tower Site, Sec. 11, T. 106N., R. 46W., (Sweet Twp.), Pipestone Co., MN.  A survey is scheduled on this property and the legal desc. and actual acres to be sold will be in accordance with the new survey.

TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before Dec. 1, 2017.  Fall Tillage privileges to be awarded subsequent to the harvest of the 2017 crops and with the permission of the current tenant.  Marketable Title will be conveyed and an abstract of title will be continued to date and will be provided to the buyer for examination prior to closing.  All of the RE taxes payable in 2017 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2018.  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 surveyed acres, with the acres understood to be “more or less”.  The purchase price to be adjusted in accordance with the survey being completed by Midwest Land Surveying, Inc., with the surveyed acres multiplied by the price per acre.  Survey costs to be paid by the estate.  This property 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.

DORIS L. GREENGO ESTATE

– Diane L. Rutherford, Personal Representative

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

 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 and

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

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

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