160+/- Acres Nobles County, MN

Sold
Sold

Property Details

ID: 58084
Status: Sold
Acres: 160±
Type: Farms, Ranches
County: Nobles
Presented By: Sean Haberman

Description

Description

Great opportunity to own a very productive farm in a highly sought-after area in Nobles County, Minnesota!

Property Details:

  • Tract 1
    • Legal Description: N1/2 NW1/4 of Section 17, Township 103N, Range 42W, Nobles County, Minnesota, containing 80 acres, more or less.
    • 80 Acres M/L (subject to survey)
    • Drainage tile on property (See Map)
    • Excellent tile outlet
    • 94.4 CPI (according to Surety Mapping Software)
    • Asking Price: $1,240,000 ($15,500/ Acre)
    • Anhydrous has been applied to this property.
  • Tract 2
    • Legal Description: S1/2 NW1/4 of Section 17, Township 103N, Range 42W, Nobles County, Minnesota, containing 80 acres, more or less.
    • 80 Acres M/L (subject to survey)
    • Drainage tile on property (See Map)
    • Excellent tile outlet
    • 94.3 CPI (According to Surety Mapping Software)
    • Windmill Income: $6,900 annually
    • Asking Price: $1,272,000 ($15,900/ Acre)
    • Anhydrous has been applied to this property.

FSA information:

  • 154.65 DCP cropland acres
  • 101.1 Corn Base Acres
  • 53.55 Soybean Base Acres
  • 165 Corn PLC Yield
  • 40 Soybean PLC Yield
  • If property is split a new determination will be made

Property Location:

 From Rushmore, Minnesota, head North 7 miles on Jones Avenue, property is on east side of road.

Terms:

Offerors will have a chance to place their highest and best offer/offers on the individual 80 acre tracts or the entire 160 acre tract. We will be reviewing offers on this property until 12:00 PM, Monday November 27th, 2023. If the tracts are sold individually exact acres will be subject to a survey. Seller will pay for survey if tracts are sold individually. Upon an accepted offer, the buyer shall make a 10% non-refundable earnest money down-payment, which will be held in High Point Land Trust Account. The sale will not be contingent upon buyer financing. Closing will be January 3rd, 2023 or sooner. Possession will be granted immediately after closing. Seller shall pay 2023 tax in full. This property is being sold AS IS/ WHERE IS. All information provided on this property is believed to be correct, but not guaranteed. The sale of this property is contingent upon the seller successfully purchasing a replacement property to satisfy a 1031 tax-deferred exchange.

 Call Sean Haberman @ 507-360-6575 with any questions.

Sean Haberman
Sean Haberman
Land Specialist
Licensed in IA, MN
(507) 360-6575

Ask Sean a Question

Contact An Agent

Sean Haberman
Land Specialist
Licensed in IA, MN
(507) 360-6575
Ask Sean About This Property

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