Tract 1 of 1

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
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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

 

Documents


Representing Land Specialist
Bryce McVicker

Whitetail Properties Real Estate

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The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

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