Raschke Estate – +/-147.97 Acres of Unimproved Grange Twp., Pipestone Co., MN Land

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ESTATE LAND AUCTION

+/- 147.97 Acres of Choice Grange Township Pipestone County Minnesota Land Situated in an Excellent Agricultural Area of Pipestone County, MN

 We will offer the following real property at auction “On Site” at the land located from Pipestone, MN (Jct. of Hwy’s. #30, #75 & #23 – McDonald’s Corner) – Approx. 6 miles north on Hwy. #75 to 161^st St., then 2 ½ miles east on 161^st St.; from the NW Corner of Holland, MN (Jct. 171^st St. & 130^th Ave.) – 2 ¾ miles west on 171^st St. and ½ mile south on 110^th Ave. to the NE corner of the land.

WEDNESDAY NOVEMBER 8, 2017                   SALE TIME:  10:00 AM

 Auctioneer’s Note:  This auction presents a great opportunity to purchase a desirable +/-147.97 acre parcel of farmland with a high percentage tillable which has been in the Raschke family for over 90 years, dating back to 1924 when acquired by Louis Raschke.  This land is situated in one of the leading agricultural areas of Southwestern Minnesota.  This land “Is Not” leased for the 2018 crop year, thus the buyer will be awarded Full Possession of this land for the 2018 crop year.  If you are in the market for a tract of land that could serve as an excellent addition to a row crop farming operation or investment, then get your financing in order and make plans to be in attendance at this land auction.  

 This land auction presents the opportunity to buy a high caliber +/-147.97 acre parcel of Pipestone County, MN land that is situated in Grange Township – which is a highly regarded agricultural area of the county.  This land has high quality soils and a relatively high percentage tillable. According to FSA information this farm has approximately 136.71 acres of cropland with a 74.4 acre corn base with a 147 bu. PLC yield and a 60.80 acre soybean base with a 37 bu. PLC yield and is enrolled in the County ARC election of the USDA Farm Program.  According to the Pipestone Co. Assessor this parcel has a CER of 74.10, comparatively information obtained from Surety Agri Data, Inc. indicates that this farm has a very high weighted average productivity index of 87.2, with the cropland comprised predominately of virtually all Class I & II soils. The non-tillable acreage on this farm consists of a grassed waterway and roads.  The general topography of this land is gently rolling to rolling.  The total Non-Homestead RE Tax Amount payable in 2017 on this land were $5,344.00. There is a Petroleum Pipeline Monitoring Devise located in the SW corner of the land.  If you are in the market for a choice parcel of land 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. the S. 618’ of the E. 848’ of the SE ¼), Sec. 9, T. 107N., R. 45W., Grange Twp., Pipestone Co., MN, containing 147.97 acres more or less.

 TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before Dec. 21, 2017.  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 is sold based on the acres as stated on the County Assessor’s records, with the acres understood to be “more or less”.  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 Personal Representative.

For additional information contact the auctioneers.

ESTHER RASCHKE ESTATE

Rodney DeKam, Personal Representative – ph. 507-825-2977

– Scott Barduson – O’Neill, O’Neill & Barduson Law Firm

– Attorney for the Estate & Closing Agent – 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;

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

& JARED SUTTON – Auctioneer – Lic. #59-72- Flandreau, SD – ph. 605-864-8527[/vc_column_text][/vc_column][/vc_row]