Serving IA, SD, NE & MN 712.476.9443 info@zomercompany.com
Serving IA, SD, NE & MN 712.476.9443 info@zomercompany.com
Property Location: From the School in Ellsworth, MN go approx. 1/2 mile South on Birkett Ave (91) to the farm. Farm lies West of Birkett Ave (91). Auction signs will be posted.
Auction of the Properties will be held at the Zomer Company Auction lot located on the South edge of Little Rock, IA on HWY 9 (4594 IA 9st., Little Rock, IA)
Land Auction Date: September 20, 2024 @10:30 A.M.
Auctioneer’s Note: The Zomer Company is honored to represent the Arends family in offering at auction this outstanding tract of Grand Prairie TWP, Nobles County, MN farmland! Land in this locale is not often available for purchase! If you are an investor looking for a great tract of land to add to your portfolio or a farmer looking to purchase your first tract of farmland or add to your operation then this is one tract of farmland that you will want to take a look at! Land is an excellent longterm investment! Make plans today to purchase this outstanding high quality tract of farmland! Watch zomercompany.com in case of inclement weather!
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Abbreviated Legal Description: The South 55.0 acres of the West ½ of the NE ¼, Except 1.81 acres; and Except a 250’x897’ tract containing 5.15 acres; AND a tract in the Northwest Quarter of the Northeast Quarter South of Leland Avenue in Myra’s addition to the City of Ellsworth, ALL in Section 32, in Township 101 North, Range 43 West of the 5th P.M., Nobles County, MN
General description: According to the Nobles County Assessor, this property contains 52.19+/- gross acres. According to FSA, this property contains approx. 50.92+/- tillable acres with the remainder in road and ditch. This farm has a corn base of 38.90+/- acres with a PLC yield of 165Bu. And soybean base of 12 acres with a PLC yield of 46bu.. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P2A-McCreath, P48A-Allendorf, P9A-Gillett Grove, P1B-Annieville. According to Agri-Data this tillable land has a productivity index rating of 88 and an estimated average county CER rating of 70.20. This farm also has approx. 10,110 feet of drainage tile which was installed in approx. 2011! This tract of land offers a tremendous opportunity to purchase a farm with road on only 1 side with great topography and soil ratings! Land in this locale is not often available for purchase at auction! If you are looking for a smaller tract of land to add to your operation or are a younger farmer looking to purchase your first farm this is an outstanding opportunity to purchase a quality tract of Grand Prairie TWP, Nobles County, MN farmland! Make plans today to attend this auction and purchase this farmland!
Method of sale: Property will be sold with the final bid price times the gross county acres from the Nobles County assessor which are 52.19+/- acres. Auction will be held at Zomer Company Auction lot located on the South edge of Little Rock, IA on HWY 9 (4594 IA 9st., Little Rock, IA)
Taxes: The current Real Estate Taxes according to the Nobles County treasurer are approx. $2,592.00 per year. Seller shall pay the 2024 RE taxes due in the calendar year 2024 which were based on the 2023 tax assessment. Buyer shall be responsible to pay the RE taxes due in the calendar year 2025 which were based on the 2024 tax assessments and all future taxes.
Possession: Full possession will be March 1, 2025. This land is available to farm for the 2025 crop year.
Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit which will be payable to Seller’s attorney’s trust account, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day when the seller will provide marketable title to the property. Closing day shall be October 30, 2024. Owner’s title insurance policy and closing fees will be split 50/50 between the buyer and seller. Abstracts will not be provided. Closing will be conducted by Seller’s attorney Jennifer Reinke. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary, and any new fencing if any will be the responsibility of the purchaser pursuant to MN statutes. If buyer delays closing penalties will apply. All buyers are encouraged to do buyers due diligence. . Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneer and Real Estate broker is representing the sellers. Jennifer Reinke—-Attorney For Seller
CLICK HERE FOR INFORMATIONAL BOOKLET
Raymond Arends Family Heirs— Owners
Sale Conducted by Zomer Company Realty & Auction
1414 Main St., Rock Valley, IA 51247
712-476-9443 —www.zomercompany.com
Mark Zomer Auction Manager—712-470-2526—MN Lic. #40641381