** Rescheduled ** – Weinkauf – +/-152 Acres of Choice, High Quality Grange Twp., Pipestone Co., MN Land

** Rescheduled to Thurs. Feb. 20th – 10:00 am ** LAND AUCTION

+/-152 Acres of Choice High Quality Grange Township, Pipestone County Land With Superb Soil Ratings and a High Percentage Tillable

This auction will be held “On Site” at the land located from the northeast Corner of Holland, MN (Jct. of Hwy. #8 (171^st St. & 140^th Ave.) – 3 miles west to the NW Corner of the Land (Jct. 171^st St. & 110^th Ave.); from the McDonald’s Corner (Jct. of Hwy’s #30 & #75) in Pipestone, MN – 7 miles north on Hwy. #75 to 171^st St. and 3 miles east on 171^st St.

THURSDAY FEBRUARY 20, 2020                                 SALE TIME: 10:00 AM

ATTENTION: Area farmers and investors!   This parcel of land has been in the Weinkauf family for approximately 110 years, with the south 80 acquired in 1892 and the north 80 acquired in 1901, although at this time due to the death of Mildred Weinkauf, her heirs have decided to sell this land, thus we are privileged that the family has decided to allow us the privilege to offer this high caliber +/-152 acres of Grange Township, Pipestone County, MN land at public auction.  This is a very high quality parcel of land with superb soil ratings that are at or near the highs in Pipestone County, MN.  This is a very high quality tract of land that should be of interest to a wide variety of buyers that must be seen to be fully appreciated.  Please inspect the property at you leisure prior to the auction and mark your calendars to be in attendance at this auction. 

This Choice +/-152 acre farm will be offered as a unit.  According to FSA information this farm has approx. 144.24 acres of cropland, with the non-tillable portion comprised of a grassed waterway and roads, with an FSA 99.52 acre corn base with a 144 bu. PLC and a 43.72 acre soybean base with a 33 bu. PLC yield.  According to Pipestone County Assessor’s info. this farm has a very high CSR of 74.01 and comparatively data obtained from Surety Agri-Data Inc., indicates this land has a soil rating of 94.1 with all Class 1 and 2 soils. This farm has a level to nearly level topography.  The RE taxes paid in 2019 were $5,632. and the projected taxes for 2020 are estimated to be $5,426.00.  Farms of this quality are difficult to find and rarely become available on the market, this evidenced by the long tenure of ownership by the Weinkauf Family, so make plans to take advantage of this opportunity to purchase this high caliber +/-152 acre parcel of land, as this farm would truly make an excellent addition to an area row crop operation and/or investment.

ABBREVIATED LEGAL DESC.: The NW¼, Except a +/- 8 Acre Tract/Farmstead, in Sec. 10, T. 107N., R.45W., Grange Township, Pipestone County, MN. 

TERMS: Cash – A 10% nonrefundable downpayment on the day of the sale with the balance due and payable on or before April 3, 2020, with full possession for the 2020 crop year.  A Warranty Deed will be conveyed and an abstract of title continued to date will be provided to the buyer for examination prior to closing.  The RE taxes payable in 2019 in the non-homestead tax amount of $5,632.00 have been paid by the owners; the projected RE taxes payable in 2020 are $5,426.00 – with the sellers agreeing to pay the 1^st half and the purchaser(s) to be responsible for the 2^nd half of the actual tax amount.  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 yields, bases, payments & other FSA information is estimated and not guaranteed and are subject to 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. For add’l. information contact the auctioneers.

HEIRS OF ERNEST & MILDRED WEINKAUF

Randall Weinkauf & Dale Weinkauf, Owners

Damain Sandy – Attorney & Closing Agent for the Sellers – O’Neill, O’Neill & Barduson Law Firm -Pipestone MN

 Chuck Sutton – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 or Pipestone, MN – 507-825-3389

Dean Stoltenberg – Auctioneer & RE Salesperson – Jasper, MN – ph. 507-829-6856

Jared Sutton – Auctioneer & RE Salesperson – Flandreau SD – 605-864-8527

Brian Cramer – RE Salesperson – ph. 507-825-3389