This auction presents a great opportunity to purchase a desirable +/-80 acre farm with a mixture of productive cropland, and additional annual revenue produced from a combination of 10.58 acres of CRP enrolled at a rate of $297.11 per acre and wind easements payments generated from a combination of the 2 wind towers in place on the property presently paying $2,750.00 each, plus royalty/production payments (together most recently paid $6,406.82 in Jan. 2025 and $8,466.24 in Jan. 2026 according to the Personal Representative of the Estate). Additionally, the cropland acres were previously leased on a cash rental basis, thus this land created a strong cash flow. The sellers will retain all cash rent, CRP and Wind Payments payable in 2026, with the buyer to receive all subsequent payments payable in 2027 with no proration. The current lease on this farm expires following the harvest of the 2026 crops and this farm is available for the buyer to farm or lease as they desire in 2027. Mark your calendars to be in attendance at this auction and make plans to inspect this property prior to the auction!
This land has a very good location in Aetna Township in northeast Pipestone County, MN being located in an area between the communities of Holland, Ruthton & Woodstock, MN. This is a desirable parcel of land with a combination of productive cropland, CRP acres with a very respectable rate of payment, and also an excellent revenue stream generated from the annual wind tower and wind rights payments, and last but not least – productive cropland acres with some high quality soils, as according to the Pipestone Co. Assessor this parcel has a high CER of 67.81, comparatively information obtained from Surety Agri-Data, Inc. indicates that this farm has a high weighted average productivity index of 92.7, with the cropland acres comprised primarily of Class I & II soils. The general topography of the cropland is gently rolling to rolling. This property has an abandoned farmstead with remnants of an old house and a few small outbuildings – all of which are in “tear down” condition, although with the existing mature grove and close proximity of the property to Hwy. #23 and other county highways, this could be a nice location for re-establishment of a rural farmstead/acreage site. According to FSA information this farm is in two FSA Farm Numbers – with FSA Farm #3893 consisting of 66.03 acres of Farmland with 60.70 acres of Cropland, with the non-tillable acres being comprised of a combination of two wind tower sites, the building site & tree groves, waterways and road, with an FSA 37.4 acre corn base with a 137 bu. PLC yield and a 23.10 acre soybean base with a 41 bu. PLC yield. The second FSA parcel is Farm # 3982 which is comprised 10.58 acres that consists of all of the CRP acres enrolled as Contract 11326 which indicates the CRP contract has 10.58 acres enrolled at $297.11 per acre generating a total annual CRP payment of $3,143.00, with the CRP contract scheduled to expire on Sept. 30, 2033 – with the sellers to retain 100% of the 2026 CRP payment and the buyer to receive all payments payable in 2027 and thereafter, with the buyer to be obligated to succeed to the existing CRP contract. Additionally this farm has revenue generated from a wind tower and wind easement contract currently with Moraine Wind LLC, that originally commenced in March of 2007 with the contract term running until March of 2044, with an option to extend to 2049, which annually pays $2,750.00 per tower, plus wind royalties, which according to the personal representative of the estate was paid a combined total of $8,466.24 for 2025 which was paid in Jan. 2026 and $6,406.82 for 2024 which was paid in Jan. 2025, with payments varying based on the amount of the wind royalties calculated annually; the wind contract easement will continue and be assumed by the purchaser(s) based on the renewal provisions and other terms of the contract; with the sellers to retain all wind tower revenue & easement payments for 2026 payable in early 2027, with all future payments attributable to 2027 and thereafter to be paid to the new buyer/owner(s). If you are in the market for a very desirable parcel of land with excellent crop and income potential to add to a row crop farming operation or investment, and/or a location for construction of a new rural residence, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The E½ NW¼ of Sec. 26, T. 108N., R. 44W., (Aetna Twp.), Pipestone County, MN.