156.44 Acres m/l Jackson County, MN - Sioux Valley Township
Sold
156.44 Acres m/l Jackson County, MN - Sioux Valley Township
SOLD
Selling Price: $8,250/acre
Sale Date: Wednesday, June 12, 2024 10:00 AM
Sale Location: The VFW Building, 405 N. Highway 86, Lakefield, MN
Documents and Maps
Description
The Fairchild farm will be up for auction in an area where land rarely becomes available at public auction. This farm contains excellent soils with a 94.7 PI index on the tillable soils. This property has been cared for by the same tenant for many years with conservation being at top of mind. Don’t miss this great opportunity!
Property Location
6 miles south of Lakefield, MN on Highway 86 and 4½ miles west on 760th Street.
Legal Description
The Northwest Quarter (NW¼) of Section Three (3), Township One Hundred One (101) North, Range Thirty-seven (37) West of the 5th P.M., Jackson County, Minnesota excluding the 7 acre surveyed parcel.
FSA Information
Cropland Acres: 144.86 acres including 9.18 CRP acres
Corn Base: 93.8 Acres / PLC Yield: 161
Soybean Base: 23.4 Acres / PLC Yield: 45
CRP Acres: 9.18
Annual CRP Payment: $1,672 ($182/acre)
Contract Expiration Date: 9/30/2029
Corn Base: 93.8 Acres / PLC Yield: 161
Soybean Base: 23.4 Acres / PLC Yield: 45
CRP Acres: 9.18
Annual CRP Payment: $1,672 ($182/acre)
Contract Expiration Date: 9/30/2029
Soils
Clarion, Nicollet, Waldorf, Delft, Canisteo, Clarion-Swanlake
Surety/Agridata Avg
Avg. Productivity Index: 94.7
Real Estate Taxes
$8,044
Terms
10% down day of sale. Balance due at closing on or before September 4, 2024. Buyer to assume the CRP contract as of the date of closing. Sellers will retain the 2024 cash rent payments. Real estate taxes to be prorated to December 31, 2024. Sellers reserve the right to refuse any and all bids. MN License 32-23-001
Listing Agent
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