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190 +/- ACRE LAND AUCTION

SOLD AS UNIT FOR $4,485 PER ACRE


190 +/- Acre Land Auction, Lincoln County, MN

 

 

LAND AUCTION

190 +/- Acres Unimproved, Drammen Twp., Lincoln Co., MN

Offered as Tract I, 80 +/- Acres & Tract II, 110 +/- Acres

We will offer at Public Auction the following Real Estate located from Lake Benton, MN, 

4 miles North on Hwy. 75, 2 miles West on Co. Rd. 13, then 1 mile North on 170th Ave.

Watch for auction signs on: 

TUESDAY, MARCH 29, 2016          SALE TIME: 10:00 A.M.

TRACT I:  80 +/- acres unimproved farm.  This highly productive corn and soybean farm has good eye appeal with productive soil.  According to Surety AgriData, the farm has a high productivity index of 96.6 and predominate soil of Oak Lake Silty Clay Loam and Singsaas-Oak Lake Soil.  The farm has approximately 72 +/- tillable acres and has some tile.  According to FSA, the farm has a corn base of 41.51 acres with a PLC yield of 151 and soybean base of 27.55 acres with a PLC yield of 39.

LEGAL DESCRIPTION:  S ½ of NE ¼ Sec. 12, T-110-N, R-46-W, Drammen Twp., Lincoln Co., MN

TRACT II:  110 +/- acres.  This unimproved farm joins Tract I to the north and has a highly productive soil of Oak Lake Silty Clay Loam and Singsaas-Oak Lake Soil.  According to Surety AgriData, the farm has a high productivity index of 94.1.  The farm has some tile and a corn base of 65 acres with a PLC yield of 151 and a soybean base of 43 acres with a PLC yield of 39.

LEGAL DESCRIPTION:  SE ¼ of Sec. 12, T-110-N, R-46-W, Drammen Twp., Lincoln Co., MN, excluding 50 +/- acres of grass

These good farms have primarily Class I and Class II soils and approximately 40,000 feet of tile.  They are located only one mile from a tar road and are ideal for farmers, investors and hunting enthusiasts.  We invite you to inspect this property any time.  For additional information, contact Burlage Peterson Auctioneers or go to our website www.burlagepeterson.com.  

Come prepared to buy!

TERMS:  10% non-refundable earnest money deposit due day of the sale on each tract with balance due on or before May 2, 2016.  We will offer each tract individually or as a unit.  Title Insurance and Closing Fee split 50/50 between buyer and seller.   Buyer will pay Real Estate Taxes payable in 2016 and seller will pay for survey.  Farm sold subject to confirmation of owners, and buyer to receive full possession for 2016 crop year.  Burlage Peterson Auctioneers & Realtors, LLC represent the sellers in this transaction.

Kenny & Laura Krog – Owners

Glen Petersen, Atty., Closing Agent for Sellers

DRAMMEN TWP., LINCOLN CO., MN
KENNY & LAURA KROG – OWNERS

Later Event: April 5
40+/- ACRE LAND AUCTION