Details

Sale Pending

Selling Price: Parcel #1 $9,600 per acre - Parcel #2 -$9,200 per acre & Parcel #3 - $7,350 per acre

Sale Date: Friday, September 17, 2021 10:00 AM

Sale Location: Jackson American Legion Hall 411 First Street in Jackson, MN.

Bid Online

Bid Form

Documents and Maps

Key Features

280+/- Acres of Prime Jackson County Farmland offered in 3 tracts that include 120+/- acres in Section 1 of Wisconsin Township and 2 - 80 tracts in Sections 22 & 23 of Middletown Township.

Description

Parcel #1
Deeded Acres: 120+/-  Tillable Acres:  113.48+/-  Crop Productivity Index Rating: 88

Parcel #2
Deeded Acres: 80+/-  Tillable Acres: 78.36+/-  Crop Productivity Index Rating: 84.9

Parcel #3
Deeded Acres: 80+/-  Tillable Acres: 72.57+/-  Crop Productivity Index Rating: 79.5

 

Location

Parcel #1: From Alpha, MN. 1 mile north, 1 mile east & 1/2 mile north.
Parcel #2: From Jackson, MN. 5-1/2 miles south on Highway #71 & 1 mile west.
Parcel #3: From Jackson, MN. 5 miles south on Highway 71.

 

Legal Description

Parcel #1: S1/2 NE1/4 & SE1/4 NW1/4 1-102-34 Jackson County, MN.
Parcel #2: E1/2 SE1/4 22-101-35 Jackson County, MN.
Parcel #3: E1/2 NE1/4 23-101-35 Jackson County, MN.

 

FSA Information

See information booklet.

Soils

See information booklet.

Surety/Agridata Avg

See information booklet.

Tile

See information booklet.

Improvements

None

Real Estate Taxes

See information booklet.

Method of Sale

Live & Online Public Auction.

Method of Bidding

Multi-Parcel Auction with 3 tracts.

Possession

See information booklet.

Terms

METHOD OF SALE

Property will be offered as three tracts via live & online public auction. Those unable to attend in person can participate & bid by going to www.danpikeauction.hibid.com

 

AUCTION SALE TERMS

The buyer shall enter into a purchase agreement and make a 10% Non-Refundable down-payment the day of the auction. The property is being sold subject to a cropland lease for 2021 with the Sellers retaining all of the 2021 cropland lease payments. Parcels #2 & #3 are also being offered subject to a 15 day right of first refusal to match the auction bid amount & terms to the present tenant. Should the tenant exercise their rights under the right of first refusal the earnest money funds paid at the auction by the high bidder would be returned to them and the purchase agreement terminated and canceled. The closing shall be held on December 1, 2021 with the balance being due and payable in full at closing. The sale will NOT be contingent upon any buyer financing. The buyer is responsible for all real estate taxes that are due and payable in 2022 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.

 

 

ONLINE BIDDING OPTION

Interested parties that can not attend the auction in person can use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. For those that wish to participate, but don’t have access to an internet connection and would rather bid by phone that can be arranged as well by calling the Dan Pike Auction company at least 24 hours ahead of the auction to register and make arrangements. This property will be offered via both Live & On-line webcast public auction. Those parties bidding on-line will be required to wire transfer the earnest money and sign the purchase agreements the day of the auction. There will be NO “Buyers Premium” charged to those bidding on-line or in person. 

 

Deed Restrictions

Parcel #1 is subject to a wind easement.

Comments

AUCTIONEER’S NOTE

We are very honored to have been asked to represent the Fisher Family with the sale of this property. Please come prepared to purchase as the sellers have chosen the auction method to market this property. If you are considering the purchase of good quality farmland this is an auction that you will want to attend. The information contained in this sale bill and other information provided by the sellers & their agents is believed to be correct, but is not guaranteed. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of property. The buyers shall make themselves familiar with the property and verify all information & data for themselves. The auctioneers and the sales staff are representing the seller. This auction is open to the public. We look forward to seeing everyone at the auction. Remember that the auction begins at 10:00 A.M. sharp, so don’t be late.

 

Listing Agent

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