162.3 +/- ACRE PASTURE LAND AUCTION
All Pasture, Good Fences & Access in Verdi Twp., Lincoln Co., MN
We will offer the following land at auction located from Elkton, SD, 2 Miles North on Hwy 13, 5 miles East on Hwy 14, & ½ mile South on 140th Ave. Or from Lake Benton, MN, 5 Miles West on Hwy 14 & ½ mile South on 140th Ave.
Attention Livestock Producers & Ranchers – This farm presents an attractive parcel, ideal for livestock grazing utilization. The farm is primarily seeded to native grasses & forbes, and has good fences, a natural water source, and easy access a ½ mile South of Hwy. 14. Don’t miss this sale, watch for auction signs on:
FRIDAY, May 14th, 2021 SALE TIME: 10:00 AM
Live & Online Bidding Available
This sale offers a tremendous pasture grassland farm that was seeded in 2015. The farm has been annually utilized for grazing, and has good fencing, a natural water source and dug out, and will include the corrals. This farm has good access and convenient loading/unloading, and an excellent location only ½ a mile south of Highway. 14. On an annual basis, the current owners remove the livestock the beginning of Nov., and the new buyer will receive immediate possession for the farm. Per the FSA Office, the farm had 74.99 cropland acres, and the farm is subject to a perpetual grassland easement through US Fish & Wildlife. According to Surety AgriData, the farm has an overall soil productivity rating of 72.3, with 55.11 acres representing strong Kranzburg-Brookings Silty Clay Loams. If you have been looking for a strong pasture farm, don’t miss this sale.
Legal Description: SE ¼, Sec. 9, T-109-N, R-46-W, Verdi Twp., Lincoln Co., MN; 162.3 +/- Acres
For additional information, contact the Auctioneers. MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY!!!
TERMS: 10% non-refundable earnest money deposit due day of sale with balance due on or before June 18th, 2021. Closing fees and title insurance, if any, split 50/50 between buyers and sellers. The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser. The new buyer will receive immediate possession after the sale. The sellers are responsible for the 2020 Real Estate taxes, and the new buyers will be responsible for the 2021 taxes in the amount of $1,428.00. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold as is, where is without warrantees, guarantees or contingencies of any kind, and subject to owner’s confirmation. Information contained herein, and all statements made herein are believed to be accurate but not guaranteed. Buyers are responsible to conduct their own due diligence for information containing to existing US Fish & Wildlife easement and any potential haying opportunities or conditions. Any announcements made the day of the sale shall take precedence over written materials. The auctioneers represent the sellers in this transaction. Buyers or sellers may elect to do a 1031 Exchange.
BRENT & CARRIE THOMPSON – OWNERS
Glen Petersen, Attorney at Law, 507-247-5515 – Closing Attorney AUCTIONEERS/REALTORS & LAND BROKERS
Tyler & Lenny Burlage, Scott & Jim Peterson – Burlage Peterson Auctioneers & Realtors, LLC
317 4th St. Brookings, SD. 605-692-7102 www.burlagepeterson.com
Chuck & Jared Sutton – Chuck Sutton Auctioneer & Land Broker, LLC
Flandreau & Sioux Falls, SD 605-366-6315 – www.suttonauction.com