400 Acres m/l Selling in 4 Tracts Yellow Medicine County, MN - Lisbon Township

Land Auction

400 Acres m/l Selling in 4 Tracts Yellow Medicine County, MN - Lisbon Township

Sale Date: Friday, November 19, 2021 10:00 AM

Sale Location: Clarkfield City Hall Garage, 904 10th Avenue, Clarkfield, MN

Documents and Maps

Description

Attention Land Buyers, farms of this size and quality rarely become available in this area.  The Rose farms are being sold in 4 tracts, all offering great soils.  The farms have been well cared for and will make a great addition to any portfolio. Whether you’re looking for farmland as an investment or to farm yourself, these farms are an excellent opportunity for anyone.

Property Location

Tracts 1 & 2 are located 3 1/2 miles north of Clarkfield, MN on Highway 59 and 1 mile west on Highway 5. 
Tracts 3 & 4 are located 2 1/2 miles north of Clarkfield, MN on Highway 59 and 1/4 mile west on 300th Avenue.

Legal Description

Tract 1 (80 Acres m/l): The West Half of the Southeast Quarter (W½ SE¼) of Section Eighteen (18), Township One Hundred Sixteen (116) North, Range Forty-one (41) West of the 5th P.M., Yellow Medicine County, MN. Exact legal to be taken from survey.

Tract 2 (80 Acres m/l): The East Half of the Southeast Quarter (E½ SE¼) of Section Eighteen (18), Township One Hundred Sixteen (116) North, Range Forty-one (41) West of the 5th P.M., Yellow Medicine County, MN. Exact legal to be taken from survey.

Tract 3 (160 Acres m/l): The Northwest Quarter (NW¼) of Section Twenty-nine (29), Township One hundred Sixteen (116) North, Range Forty-one (41) West of the 5th P.M., Yellow Medicine County, MN. Exact legal to be taken from survey. 

Tract 4 (80 Acres m/l): The West Half of the Northeast Quarter (W½ NE¼) of Section Twenty-nine (29), Township One hundred Sixteen (116) North, Range Forty-one (41) West of the 5th P.M., Yellow Medicine County, MN. Exact legal to be taken from survey.

FSA Information

FSA Information for Tracts 1 & 2 Combined
Cropland Acres: 156.64
Corn Base: 77.79 / PLC Yield: 154
Soybean Base: 77.79 / PLC Yield: 42

FSA Information for Tract 3
Cropland Acres: 143.57 
Corn Base: 71.29 / PLC Yield: 154
Soybean Base: 71.29 / PLC Yield: 42

FSA Information for Tract 4
Cropland Acres: 71.41
Corn Base: 35.47 / PLC Yield: 154
Soybean Base: 35.47 / PLC Yield: 42

Soils

Tract 1: Spicer, Amiret-Swanlake, Canisteo, Okoboji, Egeland, McIntosh, Seaforth
Tract 2: Amiret-Swanlake, Canisteo, Perella, Oldham, Amiret, Spicer, Okoboji, McIntosh, Byme
Tract 3: Spicer, Okoboji, Amiret-Swanlake, Dickman, Amiret, Eckman, Feldon, Seaforth, McIntosh, Byme
Tract 4: Amiret-Swanlake, Egeland, Dickman, Feldon, Clontarf, Perella, Amiret, Tara, Barbert, Spicer

Surety/Agridata Avg

Tract 1 Average Productivity Index: 89.8
Tract 2 Average Productivity Index: 92.2
Tract 3 Average Productivity Index: 85
Tract 4 Average Productivity Index: 74.5

Real Estate Taxes

Estimated Taxes
Tract 1: $3,149
Tract 2: $3,149
Tract 3: $4,978
Tract 4: $2,368

Terms

10% earnest money down day of sale.  Balance due on or before closing on December 21, 2021. Buyer to assume existing CRP contracts. Real estate taxes to be prorated to December 31, 2021. Sale subject to seller approval.  MN License 32-21-004.

Listing Agent

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