160+/- Acres Nobles County, MN

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 27^th, 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 3^rd, 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.