Kennedy –  +/-74.42 Acres of Choice High Percentage Tillable Springwater Twp., Rock Co., MN Land

  LAND AUCTION

 +/-74.42 Acres of Choice High Percentage Tillable Springwater Township Rock County Minnesota Land with Terrific Soils and an Excellent Location Lying Adjacent to a County Highway and Just 1½ Miles East of Highway #23 

We will offer the following real property at auction “On Site” at the land located from Jasper, MN (Jct. Hwy. #23 & 251^st St./Co. Hwy. #12) – Approx. 9 miles south on Hwy. #23 and 1 ½  miles east on 161^st St./Co. Hwy. #20; from Garretson, SD – 3 miles east to the Jct. of 161^st St. & Hwy. #23, then continue 1½ miles east on 161^st St. to the NW Corner of the land; from the Pipestone-Jasper Exit #1 on I-90 – 7½ miles north on Hwy. #23 to 161^st St., then 1½ miles east on 161^st St.; or from Luverne, MN – 3 miles north on Hwy. #75 and approx. 9½ miles west on 161^st St. to the NW Corner of the land. 

FRIDAY JANUARY 6, 2023               SALE TIME:  10:00 AM 

This auction presents a great opportunity to purchase a very well located choice +/-74.42 acre parcel of land that is located in Springwater Twp. of Rock County, MN, which is one of the leading agricultural areas of Southwestern Minnesota. Especially noteworthy – is the fact that this property has been owned by Williams/Kennedy family for over 90 years since acquired by Martin Williams – the great grandfather of the present owner.  This farm has superb soils, a very high percentage tillable, an excellent location, very good eye appeal and has been enhanced by the installation of a significant amount of drain tile, additionally in the Fall of 2022 approx. 182.5 tons of High Cal Lime was applied for benefit of the 2023 and future crop years at a cost to the seller of over $13,000.00.  This land has a very good location and is an inside parcel of land bordered on the north by Co. Hwy. #20/161^st Street and is within 1 ½ miles of Hwy. #23 providing excellent farm to market access.  According to FSA information this +/-74.42 acre farm has approx. 73.24 acres of cropland with the non-tillable portions comprised of a small grassed waterway in the southeasterly portion of the farm and a small amount of roadway with a large 67.3 acre corn base with a 186 bu PLC yield and a 5.9 acre soybean base with a 46 bu. PLC yield.   According to the Rock Co. Assessor this farm has an excellent CER of 94.65; comparatively information obtained from Surety Agri-Data, Inc. indicates that this farm has a very high weighted average productivity index of 96.1 the cropland comprised predominately of Class I & II soils.  This farm has been maintained in an excellent state of cultivation and has been improved by the installation of some drain tile throughout portions of the farm.  The general topography of this land is gently rolling to rolling.  The total Homestead RE taxes payable in 2022 on this land were $2,450.00.   If you are in the market for a productive parcel of land with powerful soils 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.

ABBREVIATED LEGAL DESC.:  The W½ NE¼ of Sec. 19, T. 103N., R. 46W., except the +/- 5.58 acre acreage site, (Springwater Twp.), Rock Co., MN – containing 74.42 acres M/L according to Rock County Assessor’s records.

TERMS: Cash – A 10% nonrefundable earnest money payment on sale day and the balance on or before Feb. 23, 2023, with full possession for the 2023 crop year.  The High Cal Lime with a cost of approx. $13,000.00 will pass with the land at “No Cost” to the Buyer. Marketable Title will be conveyed and abstracts of title continued to date will be provided to the buyer for examination prior to closing.    All of the RE taxes payable in 2022 will be paid by the seller 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.  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 Owner.This property has potential to serve as an excellent addition to an area row crop or crop/livestock operation and/or as an investment property.  Please mark your calendars and plan to attend this auction, or if you are unable to attend and need to make arrangements to bid by phone, then contact the auctioneers prior to sale day to make arrangements. 

RICHARD KENNEDY, Owner Cell Ph. 605-759-2794 – Don Klosterbuer – 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 Realty – 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