ESTATE LAND AUCTION Attention Row Crop & Cow–Calf Livestock Producers – 239.72 Acres of Well Located Osborne Township Pipestone County, MN Cropland and Pasture – Inclusive of a Combination of Level High Producing Cropland and Mostly Native Grass Pasture with an Abundant Water Supply Furnished by a Flowing Spring & Chanarambie Creek
We will offer the following real property at auction at the land located from the Southeast Corner of Edgerton, MN (C&B John Deere) – approx. 8/10ths mile east on Co. Hwy. #1 (16th St.); from Pipestone, MN – 10 miles east on Hwy. #30 to the Diamond Corner South of Woodstock, MN (Jct. Hwy. #30 & 180th Ave.) – then approx. 8¼ miles south on Co. Hwy. #18 to Co. Hwy. #1 (C&B JD), then 8/10ths mile east.
WEDNESDAY, FEBRUARY 11, 2015 • 10:00 AM Auctioneer’s Note: Attention Row Crop & Crop-Livestock Operators! This auction presents an excellent opportunity to purchase +/-239.72 Acres of Pipestone County, MN Land. This auction presents a terrific opportunity to purchase a crop-livestock farm that has been in the Kruisselbrink Family for over 107 years. This farm will be offered either as two individual parcels or as a combination of both parcels – TRACT #1 consists of approx. +/-166.42 acres which has a high percentage tillable; TRACT #2 consists of approx. +/-73.30 acres of excellent native and tame grass pasture; or as TRACTS #1 & #2 Combined - approx. +/-239.72 acres of Cropland & Pasture. This land will be of interest to individuals with diversified crop-livestock operations, row crop operators, investors and others in the market for a unique parcel or parcels of southeastern Pipestone County land near Edgerton, MN. Mark your calendars, get your financing in order and make plans to be in attendance at this auction! This 239.72 Acre Farm Will be Offered as TRACT 1 – The East +/-166.42 Acres of High Percentage Cropland; TRACT #2 – The West +/-73.30 Acres of Mostly All Pasture; or as TRACTS #1 & #2 Combined – +/-239.72 Acre Unit. This auction presents a great opportunity to purchase either two individual parcels or a single parcel of land which would be extremely desirable and well adapted for the row crop producer, crop-livestock operator, cattle producer and/or investor, as this land has a mixture of productive cropland and pasture. Note the Two Acreages in the Southwest Corner of the Farm are Excluded and are not part of the property being sold. This land was recently surveyed by Hanson Land Surveying of Sioux Falls, SD and the Tracts offered for sale will be based on the acres determined in that survey. According to FSA information & the 156EZ on this property this farm has approx. 164.91 acres of cropland (Tract #1 w/157.15 acres of cropland and 2.60 acres of CRP – in a Living Snow Fence program for a treebelt which expires in April 2030, although the CRP term runs from 10/01/2010 to 9/30/2025 at a rate of $159.00 per acre or $413.00 annually with the last 5 yrs. subsequent to 2025 currently unfunded - with the buyer to be obligated to comply with the remaining terms and provisions of this contract, with any future penalty for non-compliance to be the responsibility of the buyer); Tract #2 has approximately 5.21 acres of cropland and the remainder in grassland pasture; as a unit under the previous farm program this property had an FSA corn base of 123.40 acres with a 75 bu. direct and 114 bu. CC yield, a 19.80 acre soybean base with a 41 bu. direct and 49 CC yield and there also was a small oats and barley base, with actual base acres and other information for the individual parcels to be determined by FSA. According to info. obtained from Surety Agri-Data Inc., this land has an overall weighted productivity index of 75.6; which when measured on the individual tracts indicated Tr. #1 has a soil index of 94.5 and Tr. #2 has a soil index of 32.9. The general topography of this land on Tr. #1 which is mostly cropland is level to gently rolling and Tr. #2 has +/-5.2 acres of cropland that is gently rolling and the remainder which is pasture is gently rolling to very hilly. Tr. # 1 is accessed easily by from the County Highway that borders the south side of the property and 190th Ave. that borders the east side of the property. Tr. #2 is accessed off of the county highway and by an easement on the east side of the east acreage and along the west side of Tr. #1. Tract #2 presents a unique opportunity to purchase a 73.30 acre parcel of land that has a variety of amenities including an area containing approx. 5.2 acres of cropland which would be an excellent location for establishment of a corral/catch pen for loading and unloading livestock, along with the remainder which is an excellent parcel of pastureland with a well established stand of mostly native grass pasture and some areas which may present some potential hunting habitat. The pasture acres on this property are not restricted by any grassland easements and may be utilized to the maximum benefit of a livestock producer at any time they should desire throughout the year. The pasture on this property is comprised of a mixture of Native & Tame Grasses with a fresh supply of water provided by the flowing spring and Chanarambie Creek. This property is in good grazing condition and would appear to maintain a relatively high stocking capacity. This is an interior parcel of pastureland situated away from and unbordered from any roadways. This property has been surveyed at the expense of the owners to ascertain the acres in this parcel and to establish an access easement from the highway to the pasture. This +/-239.72 acres of cropland & pasture is located in a highly regarded crop-livestock area of Pipestone County, MN and must be seen to be fully appreciated.
Legal Desc.: Abbreviated Legal - A Tract containing +/-239.72 Acres land in the N ½ of Sec. 26, T. 105N., R. 44W., Osborne Twp., Pipestone County, MN.
TERMS: Cash - A 10% nonrefundable downpayment on the day of the sale and the balance on or before March 27, 2015 with full possession. Marketable Title will be conveyed and at the option of the sellers either an abstract of title continued to date or an Owner’s Title Insurance Policy will be provided, if title ins. Is utilized the cost will be divided 50-50 between the buyer & seller. The acres being sold are based on the acres as stated in a recent survey as prepared by Hanson Land Surveying, Ltd. of Sioux Falls, SD, with the acres sold understood to be “more or less”. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary, any new fencing or future maintenance of the fences will be the responsibility of the purchaser(s) in accordance with MN law. This parcel is a break-out from a larger parcel owned by the family, thus the owners will pay all of the RE taxes on this land payable in 2015. This property is sold in “AS IS” Condition & the information contained herein is deemed to be correct, but is not guaranteed. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Pipestone Co., MN Zoning Ordinances. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the owners.
HEIRS OF JACOB & BETTY KRUISSELBRINK, Owners Jeff Haubrich – Klosterbuer & Haubrich Law Firm – Attorney & Closing Agent for the Sellers – Luverne, MN - ph. 507-283-9111 CHUCK SUTTON - Auctioneer & Land Broker - Lic. #59-26 Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777 DEAN STOLTENBERG - Auctioneer - Lic. #59-38 - Jasper, MN - ph. 507-348-7352 ARLYN ZYLSTRA – Auctioneer – Lic. #59-28 – Jasper, MN – ph. 507-825-3952
