SOLD – Chippewa Co Farmland – Online Only Timed Auction – 162.93 Surveyed Acres of Farmland Located in Woods Twp – Bidding is Closed

SOLD – Chippewa Co Farmland – Online Only Timed Auction – 162.93 Surveyed Acres of Farmland Located in Woods Twp., Chippewa Co

Bidding Opens on Thursday, June 13th, 2024 at 8 AM

Bidding Closes on Thursday, June 20th, 2024 at 2 PM

162.93 Surveyed Acres, 156.05+/- Tillable (FSA) Acres, CPI=87.7, located in Woods Twp, Chippewa County.

Legal Description:  The SW¼ of Section 15, Township 119 (Woods), Range 37. (PID #16-015-3000)

Land Location:  Take MN-40 West of Willmar 11+/- miles to the land. Watch for auction signs.
(The land is 10+/- miles NW of Raymond, or 6+/- miles south of Kerkhoven.

• This Farm Has Tile & an Excellent Outlet
• Great Road & Field Access
• Quality Farmland in a Great Location Along HWY 40

The buyer will be able to farm this parcel in 2025 and after, and will take possession of the land after the 2024 harvest has been completed. The rent for the 2024 farming year in the amount of $40,000 will be prorated between the seller and the buyer based on the closing date using the 2024 calendar year. ($16,546.58+/- to the buyer) The seller will not enter into any new rental agreements that extend past the closing date of this Purchase Agreement.

Carlson Trust, Owner

Auctioneer’s Comments: Thank you for your interest in this quality farmland for sale by auction. This will be an online only auction with bidding opening on Thursday, June 13 at 8:00 a.m.  Bidding will close on Thursday, June 20 at 2:00 p.m. Here is your opportunity to add quality tillable acres to your farming operation or investment portfolio. You will not want to miss this auction! Call or text Kristine with any questions you may have at 320-212-9379 or email her at Kristine@FladeboeLand.com.

Auction Terms: The successful bidder will pay down $75,000 as earnest money on auction day in the form of a cashier’s check. The non-refundable check should be made out to Fladeboe Land Trust Account. The successful bidder will enter into a non-contingent, AS-IS purchase agreement on auction day. A 4% buyer’s premium will apply. Final price will be calculated by the number of  deeded acres as per the survey. The rent for the 2024 farming year in the amount of $40,000 will be prorated between the seller and the buyer based on the closing date using the 2024 calendar year. ($16,546.58+/- to the buyer) Closing will be executed on or before August 1st, 2024, with attorney Brad Schmidt in Willmar, MN. Announcements made in the bidding terms prior to the auction take precedence over other printed material. For info packet call or text Kristine at 320-212-9379 or email her at Kristine@FladeboeLand.com.

Check back often for updates as information is added as received.