Back to All Events

LAND AUCTION

SOLD FOR $5,900 PER ACRE

80 Acres of Productive Shelburne Twp., Lyon County, MN Land

LAND AUCTION

+/-80 Acres of Productive Shelburne Twp., Lyon County, MN Land

We will offer the following real property at auction at the land, located from the Northwest Corner of Florence, MN (Opdal Lutheran Cemetery Corner) at the Jct. of Hwy‘s #14 & County Rd. 51/120th Ave. – 1 mile north (with the southeast corner of the land at the Jct. of 120th Ave. & 140th St.); or from the Jct. of Hwy’s #23 & #14 at Florence, MN – approx. ½ mile west on Hwy. #14 and 1 mile north on 120th Ave.; from Tyler, MN – approx. 4 miles east on Hwy. #14 and 1 mile north on 120th Ave.; or from Marshall, MN – approx. 14 miles southwest on Hwy. #23 and 1 ½ miles west on 140th St.

FRIDAY SEPTEMBER 16, 2016 SALE TIME: 10:00 AM

This auction presents the opportunity to purchase a productive parcel of land situated in Shelburne Township and located in southwestern Lyon County, MN, which the family believes has been in the Newton Family for over 100 years, dating back to approx. 1914, when the current owner’s grandfather purchased the land. This land has been well farmed and maintained in an excellent state of cultivation with some areas of the farm enhanced by the installation of drain tile. According to FSA information this farm has approx. 76.64 acres of cropland with a 38.25 acre corn base with a 131 bu. PLC yield and a 36.21 acre soybean base with a 36 bu. PLC yield and is enrolled under the ARC County Election of the USDA Farm Program. According to the Lyon County Assessor this farm has a CER soil rating of 53.29, also information obtained from Surety Agri Data, Inc. indicates that this farm has respectable weighted average productivity index of 87. This farm has a topography which is generally gently rolling to so somewhat undulating. According to information provided by the owners this land has a combination of older tile and more recent drain tile, with the most recent having been installed by Johnson Trenching in 1998 comprised of approx. 3,100’ of 5” drain tile, some of which was tied into existing 6” plastic tile, furthermore there is other unmapped 6” & 8” tile and some other older tile that is in place at various locations of the farm. This land has potential to serve as an excellent addition to an area row crop farming operation or investment property. If you are in the market for a very desirable parcel of productive Lyon Co., MN land, located in a highly regarded agricultural area between Florence & Tyler, MN, then make plans inspect this property and be in attendance at this auction.

LEGAL DESC.: The S½ SE¼ of Sec. 7, T. 109N., R. 43W., Lyon Co., MN.

TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before Dec. 16, 2016. Marketable Title 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 2016 are $1,286.00, based on 3 of the 5 owners being homestead and 2 owners non-homestead, with all of the taxes payable in 2016 to be paid by the owners; the buyer will be responsible for payment of all of the RE taxes due & payable in 2017. 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 cropland acres, yields, bases & other information are estimated and subject to County Committee approval. This property is sold based on the acres as stated on the county tax records with the acres understood to be “more or less” and 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 additional information contact the auctioneers or see www.suttonauction.com or www.burlagepeterson.com

HEIRS OF JACOB & JOYCE NEWTON – OWNERS

Glen A. Petersen – Attorney & Closing Agent for the Sellers – Tyler, MN – ph. 507-247-5515

AUCTIONEER & LAND BROKER
Chuck Sutton Auctioneer & Land Broker – Lic. #59-26 – Pipestone, MN
Jared Sutton – Auctioneer – Lic. #59-72 – Flandreau, SD – ph. 605-864-8527
Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

AUCTIONEERS & REALTORS
Burlage Peterson Auctioneers & Realtors & , LLC
Lenny Burlage – 605-690-0379
Jim Peterson – 605-690-2674
Scott Peterson – 605-690-0505
Tyler Burlage – 605-695-3874
317 4th St, Brookings, SD – Office – 605-692-7102
www.burlagepeterson.com

80 ACRES OF SHELBURNE TWP., LYON CO., MN LAND

HEIRS OF JACOB & JOYCE NEWTON – OWNERS

Earlier Event: September 13
HOUSE & PERSONAL PROPERTY AUCTION
Later Event: September 20
LAND AUCTION