3 Diverse Tracts Of High Productive Tillable In Martin Co, MN - 240 Acres

Auction Date14December

240 Acres / Martin County, MN

Auction Location:920 E 10th St, Fairmont, MN 56031

Auction Type:Reserve

Auction starts in:00 months, 04 days 13 hours 01 minutes

Auction Date:

Live and Online at Ranchandfarmauctions.com

Auction Date: 12/14/2022 Auction Time: 10:00 AM

Auction Location: Knights of Columbus, 920 E 10th St, Fairmont, MN 56031


Open House Dates:
December 3, 2022 Tract 3-10:00AM, Tract 2-12:00 PM-2:00 PM

Entire Farm Description:

The Mosloski Farm is comprised of 240+/- deeded acres which will be sold in three tracts. Tract 1 is all farmland with high quality soils, rolling topography, good drainage and county road frontage to 240th Avenue. Tract 2 is mostly tillable with high quality soils and level topography. Tract 2 will also include a building site with an older farmhouse, storage buildings, grain bins, and machine sheds. Tract 3 is a proven hunting property with an updated country home and scenic views in all directions.

Tract 1 Description:

Tract 1 is +/- 80 deeded acres with +/- 76.3 FSA tillable acres. This tract carries a Crop Productivity Index (CPI) of 89.3 with the primary soil types being Clarion Storden complex, Canisteo-Glencoe Complex and Delft clay loam. According to the Martin County Beacon system, Judicial Ditch 20 is present on this parcel. This tract will have county road access from 240th avenue.

Details:

Tract #: 1

Deeded acres: 80+/-

FSA Farmland Acres: 76.3+/-

Soil Types: Clarion Storden complex, Canisteo-Glencoe Complex and Delft clay loam

Soil PI/NCCPI/CSR2: CPI 89.3

CRP Acres/payment: none

Taxes: TBD by survey estimated at $9473

Lease Status: Open Tenancy for the 2023 crop year

Possession: Immediate possession

Survey needed: Survey is needed unless the same buyer for tracts 1 and 2

Brief Legal: N ½ SE ¼ S26 T101N R30W

PIDs: TBD by survey

Lat/Lon: 43.5202, -94.3925

Zip Code: 56031

Tract 2 Description: Tract 2 is 80+/- deeded acres with 71+/- tillable acres. These are excellent soils with a Crop Productivity Index (CPI) of 92.7. The primary soil types are Delft clay loam, Clarion loam and Clarion Storden complex. According to the Martin County Beacon system, Judicial Ditch 20 is present on this parcel. There is a 9 acre building site located in the west central portion of Tract 2. The building site is made up of an older farmhouse, machine sheds, storage buildings, grain bins, and two Harvestore. The farmhouse was built in 1880 with 1,636 square feet of living space and 4 bedrooms with 2 bathrooms. The two machine sheds are 72ft x 54ft and 60ft x 40ft. An access easement will be granted to this parcel from 240TH Avenue down the existing driveway.

Details:

Tract #: 2

Deeded acres: 80

FSA Farmland Acres: 71

Soil Types: Delft clay loam, Clarion loam and Clarion Storden complex

Soil PI/NCCPI/CSR2: CPI 92.7

CRP Acres/payment: None

Taxes: TBD by survey estimated at $9473

Lease Status: Open Tenancy for the 2023 crop year

Possession: Immediate possession

Survey needed: Survey Needed

Brief Legal: E ½ SW ¼ S26 T101N R30W

Lat/Lon: 43.5186, -94.4003

Tract 3 Description: Tract 3 is an updated country home with scenic views in all directions. The land is made up of 73 acres of recreational property that multiple wildlife species call home. The building site is just over two acres with some tillable land to the north and south of the yard. The home has a long driveway that extends from 232nd Avenue. The home is 4 bedrooms and 2 bathrooms with new siding, new shingles and new septic in 2022. There is a two stall attached garage along with an unattached garage and some older barns as well. The 73 acres of grassland are enrolled in the Reinvest in Minnesota (RIM) program. RIM is a permanent conservation easement that ensures this property will remain a wildlife habitat in perpetuity. These acres are excellent habitats for deer and pheasants. You will notice in the pictures, there are many nice bucks and roosters that frequent these RIM acres.

Details:

Tract #: 3

Deeded acres: 80

FSA Farmland Acres: 3

Soil Types: N/A

Soil PI/NCCPI/CSR2: NA

Taxes: $8,624

Lease Status: NA

Possession: Immediate possession

Survey needed?: Will be surveyed

Brief Legal: SECT-26 TWP-101 RANGE-030 80.00 AC SW1/4 SW1/4 OF SEC 26 NW1/4 NW1/4 SEC 35 101 30 80.00 AC

Lat/Lon: 43.5146/-94.4051




  • Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

  • Onsite bidders should bring a government-issued ID

  • 10% down payment immediately after auction - cash, personal, or business checks accepted

  • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

  • High bidder has 30 days to close unless otherwise noted

  • Announcements on auction day will take precedence over any prior announcements

  • This is a no contingency sale and is not subject to financing or additional inspections

  • Possession at closing, subject to tenant’s rights, if any

  • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

  • 240 +/- deeded acres

  • 152.96 +/- tillable acres

  • High quality soils

  • Scenic farmsites

  • Proven recreational property

  • Tract 1 is over 95% tillable

  • Tract 2 has a CPI of 92.7

  • Tract 3 has an updated country home with scenic views and great hunting

  • Immediate possession for all tract

240 Acres / Martin County, MN

Auction Location:920 E 10th St, Fairmont, MN 56031

Auction Type:Reserve

Auction starts in:00 months, 04 days 13 hours 01 minutes

Auction Date:

Auction Documents

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.

LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

Auction Type

Live and Online

Subject To Seller Confirmation

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


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