Weets Estate Land – Choice +/-134.94 Acres of Eden Township Pipestone County Minnesota Land
January 9 @ 10:00 am
ESTATE LAND AUCTION Choice +/-134.94 Acres o Eden Township Pipestone County Minnesota Land
We will offer this high caliber parcel of land “On Site” at the land – Located from Pipestone, MN – approx. 5 miles west on Hwy. #30 and 5 miles south on Co. Hwy #13 (20th Ave.) to the Northwest Corner of the land at the Jct. of 20th Ave. & 51st St.; from Ihlen, MN (Jct. Hwy. #23 & Co. Hwy. #2 or 41st St.) – approx. 3 miles west and 1 mile north on Co. Hwy. #13 (20th Ave.) to the NW corner of the land; from Flandreau, SD – 3 miles south on Hwy. #13, approx. 6½ miles east on Hwy. #34 to the SD/MN State Line – continue approx. 2 miles east on Hwy. MN #30, to 20th Ave. (Co. Hwy. #13) & 5 miles south on Co. Hwy #13 (20th Ave.) to the NW Corner of the land; or from Trent, SD – 12 miles east on 240th St & 1 mile north on 20th Ave.
MONDAY JANUARY 9, 2023 SALE TIME: 10:00 AM
AUCTIONEER’S NOTE: The Heirs of Henry “Hank” & Verona Weets have made the difficult decision to offer this +/-134.94 acre farm which has been in the Peterson/Weets Family for over 90 years at public auction. This auction presents the opportunity to purchase a highly productive parcel of land with a high percentage tillable that is located in the Garden Spot of Southwestern Minnesota. This farm has an excellent location to nearby highway accesses and is within approx. 6 miles of the Cargill and the CHS Jasper Grain Terminals, as well as other area grain markets and livestock facilities. If you are in the market for an excellent parcel of Pipestone County MN Land to add 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!
THIS PROPERTY WILL BE SOLD WITH THE PURCHASER TO RECEIVE FULL POSSESSION TO FARM OR LEASE OF THIS LAND FOR THE 2023 CROP YEAR. This farm consists of +/-134.94 acres of Choice High Quality Productive Cropland with an Extremely High Percentage Tillable & Superb Soils. This +/-134.94 acre parcel of land will be offered as a unit. This farm has tremendous eye appeal and has a level to gently rolling topography and high quality soils. According to FSA information this farm is stated to contain 133.03 acres of farmland with 128.19 acres cropland with a 62.1 acre corn base with a 151 bu. PLC yield and a 55.4 acre soybean base with a 42 bu. PLC yield and is enrolled under the ARC County Election of the USDA farm program for Corn & Soybeans. According to Pipestone County Assessor’s information this farm broken into two parcels with Parcel #04.007.035 being the west +/-55.18 acres with a CER of 77.41 with Non-Homestead RE taxes payable in 2022 of $2,406.00 & Parcel #04.007.0200 being the east +/-79.76 acres with a CER of 75.31 with Non-Homestead RE taxes payable in 2022 of $3,552.00. Information obtained from Surety Agri-Data, Inc. indicates this land as a whole has an extremely high weighted soil rating of 97.5, with the predominate soils comprised of Class I & II soils. The general topography of this land is level to gently rolling. The farmability of this land has been enhanced by the installation of drain tile in sectors of this land at various times throughout the last +/-15 years – with approx. 5,485’ of tile throughout sectors of the farm, and additional drainage is provided by 2 small grassed waterways.
ABBREVIATED LEGAL DESC.: The W½ NW¼, Less a +/-24.58 acre acreage (+/-55.18 Acres) and the E½ NW¼ (+/-79.76 Acres), all in Sec. 7, T. 105N., R. 46W., (Eden Twp.), Pipestone County, MN, containing 134.94 Total Acres M/L.
TERMS: Cash – A 10% nonrefundable earnest money payment sale day and balance on or before Feb. 24, 2023, with full possession at closing for the 2023 crop year. 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 closing agent’s fee (O’Neill & Barduson Law) to be paid by the sellers. All of the RE taxes payable in 2022 will be paid by the sellers 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 being sold based on the acres as stated on 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 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 extremely high overall soil rating of a 97.5. To make arrangements for absentee bidding, contact the auctioneers.
HEIRS OF HENRY “HANK” & VERONA WEETS – Steven Weets & David Weets
O’Neill & Barduson Law Firm – Attorney & Closing Agent for the Owners – – Pipestone, MN – ph. 507-825-4266
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
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 and
ARLO JURRENS – RE Broker & Auctioneer – Legacy Auction & Realty – Elkton, SD – 605—695-8798