SOLD – Yellow Medicine & Lac qui Parle Co Farmland Auction – 512.85 Total Surveyed Acres of Prime Farmland – 3 Parcel Auction on Wednesday, February 28th, 2024 at 1 PM

SOLD- Live Auction with an Online Bidding Option- Wednesday, February 28th, 2024 at 1 PM

Three Parcels of Prime Farmland in Yellow Medicine & Lac qui Parle Counties

512.85 Total Surveyed Acres Being Sold in 3 Parcels

These are high quality parcels with impressive CPI ratings.

Parcel 1: 163.44 Surveyed Acres, 159.21+/- Tillable (FSA) Acres, located in the SW1/4 of Section 11, Twp 115, Range 42, Tyro Twp, Yellow Medicine Co.; CPI=91.6; PID# 19-011-3010

Parcel 2: 152.81 Surveyed Acres, 149.03+/- Tillable (FSA) Acres, located in the SE1/4 of Section 34, Twp 116, Range 42, Ten Mile Lake Twp, Lac qui Parle Co.; CPI=93.5; PID# 40-0187-000

Parcel 3: 196.60 Surveyed Acres, 185.45+/- Tillable (FSA) Acres, 5.04 CRP Acres, located in the W1/2 of the NE1/4, E1/2 of the NW1/4 & NW1/4 of NW1/4, except part, Section 3, Twp 115, Range 42, Tyro Twp, Yellow Medicine Co.; CPI=92.2; PID# 19-003-1020

• High Quality Parcels Located Close Together
• Impressive Average CPI of 92.4
• Live Auction with an Online Bidding Option

Note:  The owner has prepaid the $9,573.48 Redetermination of Benefits cost regarding Judicial Ditch 21. (PID# 19-003-1020)

Auction Location: Clarkfield City Hall, 904 10th Ave, Clarkfield, MN

Land Location: From the SW’ly edge of Boyd, at the Junction of Co Rd 2 & Co Hwy 29, take Co Hwy 29 south 3+/- miles to 100th St, turn left (east). The NW corner of Parcel 3 is at this intersection. Drive 0.5 miles to the SW corner of Parcel 2. Continue east 0.5 miles to 380th St, go south 1.5 miles to the NW corner of Parcel 1 (east side of road). Watch for auction signs.

Walter Family Trust, Owner

Notes from Greg Thomas, the listing broker: This is a very rare opportunity to purchase one parcel, or multiple parcels that are located in close proximity to each other. With strong soils and excellent farmability, these high-quality parcels have an impressive average CPI of 92.4. Whether you are a farmer looking to expand and have tracts in close proximity to increase efficiency, or an investor looking to keep your holdings close together, this is an auction you won’t want to miss. You will have the opportunity to purchase any or all of these parcels. Possession will be immediately after the closing. Please call, text or email Greg at 507-217-9237 or Greg@FladeboeLand.com.

Auction Terms: The successful bidder(s) will pay down $50,000 per parcel 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(s) will enter into a noncontingent, AS-IS purchase agreement on auction day. Buyer’s premium will apply. Final price will be calculated by the number of surveyed acres as per the survey. Closing will be executed on or before April 10th, 2024. Announcements made auction day take precedence over printed material. For info packet call Greg Thomas at 507-217-9237 or email him at Greg@FladeboeLand.com or call Kristine at 320-212-9379 or email her at Kristine@FladeboeLand.com.