Country Estate In McLeod Co MN - 74.77 Acres
74.77 Acres / McLeod County, MN
- Auction Location:
- 14848 MN-7, Hutchinson, MN 55350
- Auction Type:
- Reserve
- Auction starts in:
- 00 months, 30 days 07 hours 04 minutes
- Auction Date:
Live and Online at Ranchandfarmauctions.com
Auction Date: 09/12/2024 Auction Time: 4:00 PM CT
Auction Venue Location: Crow River Winery, 14848 MN-7, Hutchinson, MN 55350
Open House Dates and Times: 08/25/2024 from 12 PM to 4 PM at 18335 Major Ave, Hutchinson, MN 55350
Entire Farm Description:
Upon stepping foot on this property and having conversations with the sellers, a number of old cherished memories came rushing back to me. The reason is that my relatives own and have owned the adjacent property to the north of this property for years. I remember following my dad for countless hours chasing roosters on their farm. A story we still talk about to this day is of the big buck that almost ran him over in the tall cover as the dogs spooked him out of his bed. I’ve missed my fair share of roosters that dumped over the old railroad tracks into this property, which only garnished frowns from the tired dogs. However, the most cherished of all the memories was shooting my very first rooster at age 9 out there. Needless to say, little did I know nor ever imagine that 40 years later I’d be blessed with the opportunity to bring this great farm to market and offer it up to the open public to create their very own memories!
The farm itself is located approx. 3 miles east of Hutchinson or less than an hour from the west metro area (see the general location maps /pics). Keep in mind for those that may be considering a move or building new in a relocated location but would still have a need to commute to the cities, this property is approx. 10 minutes from Glencoe and Hwy 212 which has had and is in final steps of being turned into a 4-lane highway all the way into the cities. Another side note of the area is that there are many lakes around the Hutchinson area, and the community itself provides amenities such as schools, shopping, industry, and so much more.
The property itself consists of 3 main components starting with the approx. 29.5± tillable acres. These acres yield an overall average soil CPI rating of 88.56 which, for those that don’t know, correlates to good productive soils which are currently in alfalfa and corn/bean rotation and rented out to a local farmer and currently yields approx. $7,000 in annual income. The tillable acreage would be a good candidate for conversion to pasture for horses, cattle, or other livestock, as well as enrollment into CRP for added habitat and many other uses.
As you will see from the aerial photo, basically the western half of the property is an existing habitat consisting of the thick cattail wintering cover slough. The old trail road running through the slough allows access to the western wooded corners and then the meadow between them. I traveled this road on my UTV in the heart of this year’s late spring/early summer rains and made it across without any issues. The meadow is approx. 2 acres in size and is a no-brainer in my opinion for conversion to a good protected and isolated food plot. Don’t let the smaller size of the woods fool you as I grew up again in this area and I’m here to tell you that some very respectable bucks have been taken over the years out of smaller patches of woods than those on this property and some not far away. I also readily see turkeys in this area, so they have real potential as well.
Lastly, is the approx. 8± acre farm site which has been very well maintained. You will notice from the aerial photos that the farm site also includes a mature wooded area wrapping around the west and north sides creating a great windbreak. The farmhouse itself is an older farmhouse but again, has been maintained really well and consists of 4 total bedrooms (3 up and 1 on the main level) and two baths (one up and one on the main level). Approx. 2400± sq ft total with approx. 1500± sq ft of finished area. It has fuel oil heat, forced air A/C, a drilled well and a newer upgraded septic system (sized to the existing home). There is an insulated 46x26 garage, a 30x60 ft. pole shed, a larger lean-to and a couple smaller buildings. Another feature is a lot of open space that would yield well to the building of a newer home if now or in the future. All of this is off of Major Avenue which is an asphalt road. Also, an important note is that from conversations with the county, there is a possibility of a future owner having/acquiring a second building eligibility for a second home. The property also lies within the McLeod Co-op Power service area which, speaking from experience, is a bonus in being a local service provider.
I’ve said quite enough so please, look at all the pics, watch the property video, open the interactive map on top of the opening page and by all means, give me, Greg Graczyk a call at 320-420-5196 to discuss in greater detail this wonderful opportunity for a country acreage estate!
For those interested in potentially building a new home, it is recommended that they contact the McLeod Co. Env. Services department at 320-484-4300 to confirm any information.
Details:
Tract #: 1
Deeded Acres: 74.77± surveyed acres
FSA Farmland Acres: Approx. 29.5
Soil Types: Cordova Clay Loam (0-2% slopes), Reedslake-Le Sueur Complex (1-6% slopes), LeWueur-Reedslake-Cordova Complex (0-5% slopes)
Soil PI/NCCPI/CSR2: CPI = 89.3 weighted average
CRP Acres/payment: NO CRP
Taxes: $4,602 for 2024 (Non-Homestead)
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenants' rights for 2024
Survey needed?: Survey has been completed
Brief Legal: N 1/2 SE 1/4 EX RR Sec. 2, T116, R29
PIDs: 06-002-0200
Lat/Lon: 44.883, -94.2788
Zip Code: 55350
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
Located just east of Hutchinson and within an hour of the Twin Cities
Tillable acres for farming, pasture, cash crop rent and/or many other uses
Great mix of habitat components
Isolated wooded areas and potential food plot locations
Proven area for producing multiple game species
Located off of an asphalt county road.
Well-maintained farm site with multiple outbuildings
Ability and room to build a new home/country estate
- Auction Location:
- 14848 MN-7, Hutchinson, MN 55350
- Auction Type:
- Reserve
- Auction starts in:
- 00 months, 30 days 07 hours 04 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 and agree to 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. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.
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 the 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(ies). 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). The current year's taxes are prorated through the day of closing as is customary unless otherwise noted or announced on sale day.
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 would result in a change to acreage, the contract will be adjusted to that acreage prior to closing and the 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 the 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 the auction to the designated 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 from the escrow agent or title company at the conclusion of the auction or the next day. The balance of the purchase price and all closing costs are due within 30 days unless otherwise noted or announced.
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.
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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 outbid 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.
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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 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/less and obtained from sources to be considered reliable such as: government tax records, mapping software, assessor’s office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to the 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.
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- 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.
- Disclaimer:Online Bidding
Disclaimer: Online Bidding
Please review the following disclaimer regarding online bidding for our auctions:
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involved cannot be held responsible for any issues related to internet service before or during the auction.
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Company, auctioneer, and broker may also change the sale order, regroup items, or modify the auction as
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bidder because your bid may not instantaneously show up.
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release Auction Company, auctioneer, broker, and their employees from any claims, losses, or damages
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participating in the online bidding process.
- Auction Type
Live & 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
Greg Graczyk, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 320.420.5196
