157.84 acres in Freeborn County, Minnesota

OWNER Cynthia Folie & Judy Folie AUCTION LOCATION LandProz website or In-Person at: Clarks Grove City Hall 101 Independence Ave N, Clarks Grove, MN 56016 PROPERTY DESCRIPTION LandProz is pleased to present the Folie Farm Auction in Freeborn County, MN. This acreage and farmable land will be offered to the public to bid their price via LandProz AuctionCast on the LandProz website. Auctioneer Comment: A GREAT opportunity for additional farmland or first time buyer looking to own your own farm! Please contact LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information regarding this auction. PROPERTY FEATURES Tract 1 1.5 +/- Deeded Acres [Subject to survey] Building site Older smaller home Just east of Clarks Grove on HWY 251 Great location on blacktop Real Estate Taxes: $2,866 [Tracts 1 & 2 combined] Tract 2 37.4 +/- Deeded Acres 35.7 +/- Tillable Acres CPI of 88.3 Prominent soil types: Hamel loam & Kilkenny clay loam Open to farm for the 2026 season Real Estate Taxes: $2,866 [Tracts 1 & 2 combined] Tract 3 4.5 +/- Deeded Acres [Subject to survey] Great building site Great location on HWY 251 right off blacktop Real Estate Taxes: $4,510 [Tracts 3 & 4 combined] Tract 4 74.43 +/- Deeded Acres 56.72 +/- Tillable Acres CPI of 85.4 Prominent soil types: Kilkenny clay loam & Hamel loam Open to farm for the 2026 season Real Estate Taxes: $4,510 [Tracts 3 & 4 combined] Tract 5 40 +/- Deeded Acres 38.93 +/- CRP Acres CRP contract expires in 2030, currently receiving a payment of $5,766 per year CPI of 86.2 Prominent soil types: Hamel loam & Shorewood silty clay loam Real Estate Taxes: $2,232 TERMS $7,500 down [non-refundable] of earnest money on parcels 1 and 3, and $25,000 down on parcels 2, 4, and 5 due on the day of the auction. The balance is due at closing on or before December 10, 2025. There will be a 2% buyer's premium added to the final purchase price. Any statement made the day of the auction takes precedence over any printed material.