Details

Sale Pending

Selling Price: $9,700 / Acre

Sale Date: Wednesday, October 30, 2024 10:00 AM

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

Bid Online

Documents and Maps

Key Features

This is an excellent very productive 151.35+/- acres Jackson County Minnesota farm. This farm has a 92.6 Crop Productivity Index Rating. It is located only 2 miles northeast of Jackson, Minnesota.

Description

A great opportunity to purchase an excellent quality 151.35+/- acre farm located close to Jackson in southern Minnesota. The land will be offered in 1 tract at public auction. If you are in the market for a good farm this is an auction that you will certainly want to attend.

Location

From the junction of Highways #71 & County Road #34, north of  the I-90 exit at Jackson, Minnesota, 1 mile east on #34 to County Road #83, then 1 mile north and 1-1/2 miles east on 810th Street. Watch for auction signs.

Legal Description

The Southeast Quarter (SE1/4) except the 8.65 acres in the southwest corner Section Five (5), Township One Hundred Two (102), Range Thirty Four (34) in Jackson County, Minnesota. Parcel # 20.005.0475

FSA Information

See Informational booklet PDF file. Please check back for updates as additional information becomes available. Look for update DATE in red on front cover.

Soils

See Informational booklet PDF file. Please check back for updates as additional information becomes available. Look for update DATE in red on front cover.

Surety/Agridata Avg

See Informational booklet PDF file. Please check back for updates as additional information becomes available. Look for update DATE in red on front cover.

Tile

See Informational booklet PDF file. Please check back for updates as additional information becomes available. Look for update DATE in red on front cover.

Improvements

Bare farmland with no building improvements.

Real Estate Taxes

See Informational booklet PDF file. Please check back for updates as additional information becomes available. Look for update DATE in red on front cover.

Method of Sale

The farm will be offered at public auction as one parcel of 151.35+/- acres.

Method of Bidding

Live public auction. Open to the public.

Possession

Possession will be granted upon closing to the buyer for the 2025 crop year, subject to the 2024 cropland lease that the Seller shall retain all rights and interest in and retain all 2024 cropland rental income.

Terms

The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on December 4, 2024 with the balance being due and payable in full at closing. Possession shall be transferred for the 2025 crop year. 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 2025 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. 

 
Parties that do not wish to 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. Please call at least 24 hours ahead of sale if bidding online if you have questions regarding it. 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. Owner, Auction Company or agents of the Seller are not liable for faulty / poor internet connections. 

Comments

 AUCTIONEER’S NOTE

We are very honored to have been asked to represent the Myrtle C. Shearer Trust with the sale of this outstanding farm. Please come prepared to purchase as the sellers have chosen the public auction method to market this property. If you are considering the purchase of very good farmland to add to your investment portfolio 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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