Auction Date: Thursday, May 16, 2019 • 11AM
Location: Murray County, MN
Directions: From Chandler, MN: 3 miles east on Highway 4, North on 90th Ave for 1 ¼ mile and land will be on the West side of the road.
From Slayton, MN: 5 miles west on Highway 30, South on 90th Ave for 2 ¾ miles, land will be on west side of the road
Located near Lake Wilson and Chandler, this row crop farm has many desirable features in a known agricultural area. Surety Agridata reports an excellent overall soil rating of 92% offering nearly all Class I and II soils. This farm has a gentle slope, good eye appeal, minimal waste acres with good access and straight rounds, all convenient for modern-day equipment. There is tile installed throughout the property; however, tile maps are not available. According to FSA information, this farm offers 76.48 cropland acres and a 59.9 acre corn base with 152 PLC yield. The land is currently planted to alfalfa and the operator has plans to harvest the hay for one more year, in 2019, as this will be the 4th alfalfa harvest. This farm would be a strong addition to any farming operation or investment portfolio, as 80 acres are easier to acquire than larger parcels. Implement top of the line farm land to your operation and watch it proudly work for you.
Owners: VanderWal Brothers
Terms: Closing and possession will be on or before June 20th, 2019. Upon acceptance of the sale by the seller, a nonrefundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. Seller is offering two options for the lease stipulation. Option 1: To have the property be free and clear for the 2019 farming season. Option 2: Seller lease it back for the 2019 farming season and will credit the buyer $250 at closing for the rental income. Possession is available the day of the sale with a non-refundable earnest money deposit equal to 20% of the sale price due at the conclusion of the auction. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and 10% or 20% non-refundable earnest money deposit must be completed within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. All of the 2018 RE taxes due and payable in 2019 will be the responsibility of the seller. All the 2019 RE taxes due and payable in 2020 will be the responsibility of the buyer. Information contained herein is deemed to be correct but is not guaranteed. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to MN statutes. A survey will not be provided and will be the purchasers responsibility if needed or requested. FSA yields, bases, payments and other information is estimated and not guaranteed and is subject to County Committee Approval. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Murray County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Said property is sold as is. This is a cash sale. This sale is subject to a 5% buyer premium. This sale is subject to seller confirmation. Not responsible for accidents.