SOLD FOR $5,275 PER ACRE
160 Acre Land Auction, Marble Twp., Lincoln Co., MN
160 +/- ACRES MARBLE TWP., LINCOLN COUNTY, MN LAND
We will offer at public auction the following real estate located from Ivanhoe, MN
North 8 miles on Hwy 75 then ½ mile East on 360th St. Watch for auction signs on:
MONDAY, MARCH 12, 2018 SALE TIME: 10:00 A.M.
Predominantly Tillable, Highly Productive, Strong Rating Farm!!!
Tillable Acres, Good Location, Strong Soils! This farm presents an excellent opportunity for a predominantly tillable, row crop farm that has a good location only ½ mile off of a tar road. This farm consists of 147 +/- tillable acres with a very strong soil productivity index rating of 87.3, and the potential for additional tillable acres. This is a high producing and high yielding farm, and it is believed that the farm has standard drain tile installed. According to the FSA Office the farm has a corn PLC Yield of 130 and a soybean PLC yield of 36. The farm is rented for the 2018 crop year with the new buyer(s) inheriting the $30,000 rent payment at closing. If you are looking for a predominantly tillable, high producing farm then don’t miss this opportunity to add a good farm to your farming or investment portfolio.
Auctioneers Note: Auction to be conducted on site at the property. We invite you to inspect this property at any time. Perspective buyers may contact Auctioneers or Attorneys office any time. Seller is highly motivated to sell!
Legal Description: NE 1/4 in Section 27, T-113-N, R-45-W, Marble Twp., Lincoln Co., MN
For additional information, go to our website www.burlagepeterson.com or contact Auctioneers.
MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY!!!
TERMS: 10% non-refundable earnest money deposit due day of sale with balance due on or before April 12, 2018. Marketable Title will be conveyed, and Sellers will provide abstract of title continued to date. Buyer(s) to be responsible for payment of the RE taxes due & payable in 2018. Closing fee split 50/50 between buyer and seller. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statutes. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owner. New buyer to inherit existing farm lease, ending after 2018 crop year. Information contained and all statements made are believed to be accurate but not guaranteed. Announcements made day of the sale shall take precedence over all written materials. Auctioneers and Realtors represent the sellers in this transaction. Earnest money to be deposited into Attorney Client Trust Account, and closing to be handled by Gerald R. Boulton, Attorney, Canby, MN
RB FRETTY PROPERTIES, LLC – OWNER
Gerald R. Boulton, Attorney & Closing Agent – 507-223-7201
Auctioneers: Tyler & Lenny Burlage, Jim & Scott Peterson
Burlage Peterson Auctioneers & Realtors, LLC
MARBLE TWP., LINCOLN CO., MN
RB FRETTY PROPERTIES LLC – OWNERS