| Date | August 21, 2026, 11:00 am (America/Chicago) |
|---|---|
| Tracts | 1 of 1 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | The American Bar and Grill, 102 Elm Ave SW, Montgomery, MN 56069 |
Tract 1 of 1
Description
Entire Farm Description:
Rice County farmland located in Sections 15, 16, and 22 of Erin Township. The property consists of 186.55± deeded acres with approximately 175± FSA tillable acres and a Crop Productivity Index (CPI) of 77.4.
The property has public road access from 115th Street West, which serves as an access road coming south off of State Highway 21. 115th Street West borders the north side of the property and functions as a no-maintenance public road. Jasper Avenue borders the west side of the property and also serves as a no-maintenance public road, providing additional access for farming equipment during harvest and planting seasons.
A waterway runs throughout the property and provides effective drainage for the farmland acres. The ditch system has recently been dredged to help ensure proper water flow and drainage performance across the farm. Along the ditch, there is a compliant 50-foot-wide grass buffer on each side of the waterway. There is a culvert and crossing in the northeast portion of the property for easy access to those acres east of the drainage ditch. All tile outlets along the ditch are marked with flags.
In addition to the tillable value, this property has multiple building eligibilities. Those eligibilities may be transferred within the township. Building rights in this area can add significant value. All building eligibility and transfer eligibility should be established with the county prior to purchase.
Deeded Acres: 186.55±
FSA Farmland Acres: 175±
Soil Types: Derrynane Loam, Houghton Muck, Lerdal Clay Loam, Kilkenny Clay Loam
Soil PI/NCCPI/CSR2: 77.4
CRP Acres/Payment: None
Taxes: $9,956
Lease Status: Open Tenancy for 2027 crop year
Possession: At the end of the 2026 crop year
Survey Needed?: No survey needed
Brief Legal: Pt W ½ SW ¼ S15, E ½ SE ¼ S16 and NW ¼ NW ¼ S22 T11N R22W Rice Co MN
PIDs: 05.22.2.25.001 and 05.15.3.50.001 and 05.16.4.00.001
Lat/Lon: 44.4142 -93.4811
Zip Code: 56069
Terms of Sale
BUYERS PREMIUM: No buyer's premium or internet fees
TAXES: 2026 taxes are paid by the seller
TENANCY: Open tenancy for 2027
RENTS: 100% of the Rent to be retained by the seller for 2026
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller to pay for a title commitment. Buyer to pay title insurance premiums
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At the end of the 2026 crop year
SURVEY: None Needed
SELLER: Brams Farms LLP
SALE ORDER: By the Acre
SALE METHOD: Sells Subject to seller acceptance
Licensing
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (40316821)
Jeff Evans, Minnesota Broker, License # 40316820
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Bryce McVicker, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 507.430.8518
