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DECEMBER 16, 2020 @10:30 A.M.—LIVE FARMLAND AUCTION OF 150.82+/- ACRES OF MARTIN TWP, ROCK COUNTY, M
DECEMBER 16, 2020 @10:30 A.M.—LIVE FARMLAND AUCTION OF 150.82+/- ACRES OF MARTIN TWP, ROCK COUNTY, MN
Wednesday, December 16, 2020 - 10:30 AM
Larchwood, IA
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Upcoming Live Onsite Public Farmland Auction Of 150.82+/- Acres Of Martin TWP,
Rock County, MN Farmland To Be Sold In 2 Separate Tracts

 

 

Located Southwest of Hills, MN & North Of Larchwood, IA & Southeast of Valley Springs, SD

 

 

Tract 1: 80+/- Acres————–Tract 2: 70.82+/- Acres

 

 

Tract 1 & 2 Location: From the West edge of Hills, MN at the intersection of 50th Ave & BLKTP HWY 13 (31st St) go 3 miles West to BLKTP HWY 17(20th Ave) then go 1 1/2 mile South on BLKTP HWY 17 (20th Ave) to the property. Tract 2 is located in the SW corner of the intersection of 21st ST and BLKTP HWY 17 (20TH Ave). Tract 1 lies directly South of Tract 2. Both tracts are on the West side of BLKTP HWY 17 (20th Ave). Auction signs will be posted. Watch zomerauc-tions.com for inclement weather. AUCTION WILL BE HELD AT THE SITE OF THE PROPERTY.

 

 

Sale Date: December 16, 2020 @10:30 A.M.

 

 

Auctioneers Note: We are honored to have had our firm selected by the Bajema family to offer this farmland for sale at live public auction! This farmland is in a great location! Farms in this neighborhood are not often offered for sale at auction!! Do not miss your chance to own one or both of these great tracts of farmland!! Call an auctioneer listed be-low today for a full informational packet on this property!

 

 

zomerauctions.com

 

 

Legal Description of Tract 1: Tract 1 in the NE 1/4 of Section 35, TWP 101N, Range 47W, Rock County, MN. Subject to all public roads and easements of record.

 


General Description of Tract 1: According to the recent survey this tract contains 80+/- gross acres . According to FSA this farm contains approx. 78.48 tillable acres with the remainder in road/ditch. This farm has a corn base combined with the adjoining farmland with a PLC yield of 152 Bu. And a soybean base combined with the adjoining farmland with a PLC yield of 51 bu. This farm will undergo a reconstitution on the base acres due to the recent survey. This farm is classified as NHEL. The predominant soil types include: P24B-Moody, P42A-Whitewood, P34B-Splitrock, P46-Trent, P44E-Shindler, 1015A-Havelock. According to Agri-Data the productivity index rating is 90.5 and this farm has a county CER rating of 92.48 on the entire parcel. This farm appears to have a good state of productivity and is well managed and would make a great addition to your operation or investment portfolio. Make Plans Today To Attend This Auction!!

 


Legal Description of Tract 2: Tract 2 in the NE 1/4 of Section 35, TWP 101N, Range 47W, Rock County, MN. Subject to all public roads and easements of record.

 


General Description of Tract 2: According to the recent survey this tract contains 70.82+/- gross acres . According to FSA this farm contains approx. 61.67 till-able acres with the remainder in 6.53 acres of CRP which expires on 09/30/2029 with an annual payment of $678.00 with the balance remaining in road/ditch. This farm has a corn base combined with the adjoining farmland with a PLC yield of 152 Bu. And a soybean base combined with the adjoining farmland with a PLC yield of 51 bu. This farm will undergo a reconstitution on the base acres due to the recent survey. This farm is classified as NHEL. The predominant soil types include: P24B-Moody, P46-Trent, P42A-Whitewood, 1015A-Havelock, P44E-Shindler, P34B-Splitrock. According to Agri-Data the productivity index rating is 78.6 and this farm has a county CER rating of 92.48 on the entire parcel. This farm appears to have a good state of productivity and is well managed and would make a great addition to your operation or investment portfolio. Make Plans Today To Attend This Auction!!

 


Method of Sale: Farmland will be sold with the final bid price x final gross surveyed acres. Auction will be held at the site of Tract 1. Tracts will be sold in the choice method with the first successful bidder given choice of either tract. The first successful bidder will only be allowed to select 1 of the tracts. After the first suc-cessful bidder selects the tract of their choice then the remaining tract will be sold.

 


Taxes: The current Real Estate Taxes according to the Rock County Treasurer are approx. $3,536.00 per year on Tract 1 and approx. $3,130.24 per year on Tract 2. Seller will pay the 2020 taxes which are due and the buyer will be responsible for the 2021 taxes and beyond.

 


Possession: Full Possession will on March 1, 2021 due to current lease.

 


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 the Eisma & Eisma Law Office’s Trust Account, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before January 26, 2021. Seller will provide marketable title to the property. Seller will provide abstracts if an abstract is desired by the buyer or if title insurance is used, owners title insur-ance policy will be split 50/50 between the buyer and seller. The Buyer shall be responsible for any expense for title opinions if abstract method is used. Damon Eis-ma with Eisma & Eisma will be the closing agent. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroach-ments 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 are for informational purposes only and are not guaranteed to be actual bounda-ry 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. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Attorney/Closing Agent for The Trust—Damon Eisma

 

 

Leonard Bajema Trust & Henrietta Bajema Trust-Owners
Peoples Bank WMG As Trustees

 

 

Sale Conducted by Vande Vegte & Zomer Real Estate & Auction

1414 Main St., Rock Valley, IA 51247

Mark Zomer Auction Manager—712-470-2526—MN Lic. #67-81

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