Shaffer – +/-149.70 Acres of Unimproved Troy Twp., Pipestone County, MN Cropland & Pasture
December 1, 2021 @ 10:00 am
LAND AUCTION
+/-149.70 Acres of Unimproved Troy Twp., Pipestone County, MN Cropland & Pasture
We will offer the following real property at auction “On Site” at the land located from Pipestone MN (Jct. Hwy’s #30 & #75 North (McDonald’s Corner) – 5 miles north on Hwy. #75 to the Cazenovia Corner (151st St.), then 2 miles west on 151st St. (Co. Hwy. #7) and 1¼ miles north on 60th Ave. – (*Note – The Acreage in the SE Corner of this quarter section “is not” included); or from Cazenovia, MN – 1 mile north on 50th Ave. and ½ mile east on 161st Street to the SW Corner of the land; or from Ward, SD – 4¼ miles east MN 211th St., 5 miles south on 50th Ave. and ½ mile east on 161st St.
WEDNESDAY DECEMBER 1, 2021 SALE TIME: 10:00 AM
This farm has been in the Shaffer Family for over 99 years, and now due to the multi-fractioned ownership in this land the Heirs of Harold & Norma Shaffer have decided to offer this property at public auction. This productive +/-149.70 acre farm will be offered as a unit, with the acres sold to be adjusted in accordance with a survey of the property. This parcel of land has a variety of amenities – including productive cropland & pasture situated in a prominent agricultural area of Pipestone County northwest of Pipestone and near Cazenovia, MN. According to FSA information this +/-149.70 acre farm has approx. 94.32 acres of cropland with a 46.03 acre corn base with a 156 bu. PLC yield and a 46.08 acre soybean base with a 43 bu. PLC yield and is enrolled under ARC County Election of the USDA farm program; the non-tillable acres are comprise of pastureland, grassed waterway, drainage and roads. According to the Pipestone County Assessor this farm has a CER of 70.35, furthermore information obtained from Surety Agri-Data indicates this land has a soil productivity index on the property in its entirety and inclusive of both the cropland acres and pasture of 68.4; although the +/-94.32 acres of cropland has a productivity index of 85.7. The general topography of this land is gently rolling to rolling, with some lower lying areas in the drainage and waterways. The RE taxes payable in 2021 on this land were $2,950.00.
ABBREVIATED LEGAL DESC.: The SE¼ of Sec. 10., T. 107N., R. 46W., (Troy Twp.), Pipestone County, MN, excepting therefrom a 10.3 acre parcel in the SE¼ SE¼ – containing 149.70 Acres M/L
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before January 14, 2022, with full possession for the 2022 crop year, with Fall Tillage completed to pass at NO Cost to the purchaser. 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 2021 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2022. This property will be sold in accordance with the surveyed acres as determined by a survey as completed by Stockwell Engineers, Inc. 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 is estimated and subject to FSA County Committee approval. 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. This property would make excellent addition to an area crop/livestock operation and/or investment property. For additional information contact the auctioneers.
HEIRS OF HAROLD & NORMA SHAFFER – – Kim Shaffer, Carol Shaffer & Judith Ruud – Owners
Krahmer, Shaffer & Edmundson, Ltd. – Fairmont, MN – Attorneys & Closing Agent for the Sellers
CHUCK SUTTON – Auctioneer & Land Broker – Pipestone Realty LLC – MN Auct. 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