Attention Land Buyers, farms of this size and quality rarely become available in this area. The Feldman farm offers great soils with an added CRP payment. The farm has 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, this farm will be an excellent opportunity for any land buyer.
3 1/2 miles east of Wilmont, MN on Highway 16 and 4 1/2 miles north on Knauf Avenue.
Tract 1 (80.88 Surveyed Acres) - The East Half of the Northeast Quarter (E½ NE¼) of Section Ten (10), Township One Hundred Four (104) North, Range Forty-one (41) West of the 5th P.M., Nobles County, MN.
Tract 2 (243.96 Surveyed Acres) - The West Half of the Northeast Quarter (W½ NE¼) AND the Northwest Quarter (NW¼) of Section Ten (10), Township One Hundred Four (104) North, Range Forty-one (41) West of the 5th P.M., Nobles County, MN.
For Tracts 1-2 Combined:
Cropland Acres: 305.25 including 12 CRP Acres
Corn Base: 137 acres / PLC Yield: 185
Soybean Base: 152.9 / PLC Yield: 47
CRP Acres: 12
Annual CRP Payment: $2,769 ($230.75/acre)
CRP Contract Expiration: 9/30/2032
Tract 1: Webster, Nicollet, Clarion, Glencoe, Canisteo, Okabena
Tract 2: Nicollet, Havelock, Clarion, Webster, Canisteo, Okabena & Glencoe
Tract 1 Avg. Productivity Index: 94.9
Tract 2 Avg. Productivity Index: 91
Real Estate Taxes
Tract 1 Estimated Taxes: $2,850
Tract 2 Estimated Taxes: $8,918
Method of Sale
Successful bidder will have choice of Tracts 1 and/or 2.
10% earnest money down day of sale. Balance due at closing on or before December 20, 2021. Real estate taxes to be prorated to December 31, 2021. Buyer of Tract 2 responsible to update septic system to current MN code. Seller to retain 100% of 2021 income from the farm. Farm has an open lease for the 2022 crop season. All final bids are subject to seller approval. MN License # 32-21-004
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