Tobias & Vander Top – +/-239.87 Acres of Unimproved Grange Twp., Pipestone Co., MN Land
September 20 @ 10:00 am
LAND AUCTION
+/-239.87 Acres of High Quality Grange Township Pipestone County Minnesota Cropland with a High Percentage Tillable & High Caliber Soils, also Inclusive of a Few Acres of Pasture
We will offer each of this real property at auction on site at the land located from Pipestone, MN (Jct. of Hwy’s. #30, #75 & #23 – McDonald’s Corner) – Approx. 7 miles north on Hwy. #75 to 171st St., then 2 miles east on 171st St. to the NE Corner of the land at the Jct. of 171st St. and 100th Ave.; or from the north side of Holland, MN (Jct. 140th Ave. & 171st St.) 4 miles west on 171st St.
WEDNESDAY MORNING SEPTEMBER 20, 2023 SALE TIME: 10:00 AM
Auctioneer’s Note: This auction presents the opportunity of a lifetime to purchase a +/-200 acre parcel of land that has been in the Tobias Family for nearly 50 years and is now being offered for sale due to the advanced age and undivided ownership interests in the property. In addition, we are including on this auction an additional virtually 100% tillable +/-39.91 acre parcel that joins the Tobias property on the west owned by Vince & Val Vander Top, as both are presently operated by the same farm operators. This land has been well farmed and operated in a husbandry fashion and is located in one of the leading agricultural areas of Southwestern Minnesota. This land has excellent eye appeal and a very high percentage tillable and must be seen to be appreciated! The non-tillable acres consisting of +/-12 acres of pasture are located primarily in the SE corner of the farm. If you are in the market for high caliber Pipestone Co., MN Land, make plans to attend this auction.
Based on Previous Survey Information this attractive and well located +/-239.87 Acres of Grange Twp., Pipestone County, MN land will be offered Tr. #1 – The NE ¼ (+/-160.05 Acres); Tr. #2 – +/-79.81 Acres as the E½ NW¼ (with the E½ E½ NW¼ being +/-39.90 Acres & the W½ E½ NW¼ being 39.92 Acres) or as Tracts #1 & #2 Combined – The +/-239.87 Acres in its’ entirety as a combined unit. The cropland acres on this property have excellent eye appeal and superb soil ratings. According to FSA information the Tobias +/-199.95 acre farm is estimated to contain approximately 180.65 acres of cropland with a 84.59 acre corn base with an 132 bu. PLC yield, a 60.29 acre soybean base with a 29 bu. PLC yield and a 35.77 acre oats base with a 50 bu. PLC yield and is enrolled under the ARC County election of the USDA farm program. According to Surety Agri-Data this land the Tobias +/-199.95 acres have an overall soil rating of 76.4, with the majority of the cropland acres with soils ranging from an 80 to an 83 and approx.11 acres at a 75 – comprised of Class II soils, with lower quality soils in the pasture and drainage; comparatively information obtained from the Pipestone Co. Assessor indicates the cropland acres in the NE¼ has a CER of 73.3 and the 40 acres in the E½ E½ NW¼ has a CER of 73.5. The previously surveyed +/-39.91 acres owned by the Vander Tops in the W½ E½ of the NW¼ has a Surety soil rating of 77.7 and a County CER of 65.27. The general topography of the cropland is level to gently rolling. The non-tillable acres being mostly pasture is confined primarily to an area the SE corner of the farm and is meandered by a creek; the remaining non-tillable acres consists of a +/-1.23 acre area in the south central sector of the farm and some grassed waterway. The total non-homestead RE taxes on this property payable in 2023 on the Tobias property are $6,396.00 and the non-homestead tax amount on the Vander Top property are $1,140.00. If you are in the market for a choice parcel(s) of land that has potential to serve as a terrific addition to an area row crop, crop-livestock or as an investment, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The NE ¼ and the E½ E½ of the NW¼ and the W½ E½ NW¼, all in Sec. 8, T. 107N., R. 45W., (Grange Twp.), Pipestone Co. – consisting of 239.87 acres M/L.
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before Nov. 15, 2023, with full possession and Fall tillage privileges subject to the existing tenant’s permission and subsequent to the harvest and removal of the corn stalks. Marketable Title will be conveyed and an abstract of title continued to date will be provided to the buyer for examination prior to closing. The acres sold for the Tobias Family and the Vander Tops will be based on the acres in accordance with a survey, with the acres understood to be “more or less”. The closing agent’s fee (Glen Petersen – Petersen Law Office) to be paid by the sellers. All of the RE taxes payable in 2023 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2024. 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 in “AS IS” Condition and 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.
Land of this caliber seldom becomes available on the market and has potential to provide exceptional crop production and would make an excellent addition to an area row crop or crop/livestock operation and/or as investment property, as this land has high caliber productive soils exhibited by the soils data as provided by both county and Surety Agri-Data information. To make arrangements for absentee bidding, contact the auctioneers.
TOBIAS FARMS, INC. & VINCE & VAL VANDER TOP, Owners
Glen Petersen – Petersen Law Office, PLLC – Attorney & Closing Agent for the Owners – Tyler, MN – ph. 507-247-5515
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
JARED SUTTON, CAI – RE Salesperson & Auctioneer – Lic. #59-72 – Flandreau, SD – ph. 605-864-8527
DEAN STOLTENBERG – Auctioneer & RE Broker Associate – Jasper, MN – ph. 507-829-6856