RENVILLE COUNTY, MN LAND AUCTION - SETZEPFANDT

LOCATION Renville County, Minnesota The Setzepfandt Farms are located in Section 25, T114N-R34W, Norfolk Township, Sections 29 & 32, T114N-R33W, Palmyra Township, & Sections 6 & 8, T113N-R33W, Bandon Township, Renville County, Minnesota. All tracts are generally located 8 miles south of Bird Island, MN or 7 miles north of Franklin, MN (Bird Island, MN is located approximately 30 miles south of Willmar, MN). SELLER Alvin Doc & Carol Setzepfandt Estate MANAGED BY Allen Henslin (320) 979-1808 GENERAL INFORMATION 475 acres 6 tracts Mark your calendars now to participate in this Major West Central Minnesota Land Auction in Renville County! All Tracts feature top quality soils with strong CPI ratings from 91 to 96.2! The Tracts lay very well with excellent farm ability and are relatively in close proximity to each other, offering great access to major roads. We urge to check out these top quality farms that have been in the Setzepfandt Family for nearly 70 years! TRACT INFORMATION Tract 1 - 120.62 acres Includes approximately 119.50 +/- tillable acres CPI Rating: 93.8 Soil types include Canisteo-Glencoe, Webster, Nicollet, Harps, Crippin, Clarion-Swanlake, and Okoboji Access along the east from 400th Street Tract 2 - 75.48 acres Includes approximately 48.81+/- tillable acres CPI Rating: 94.3 Soil types include Webster, Nicollet, Harps, and Canisteo-Glencoe 20.05 Acres is Currently enrolled in the C.R.P. Program through 2036 ($300.00 per acre with an Annual Payment of $6,015.00) Access along the east from 420th Street and along the south from Route 50 Tract 3 - 80.80 acres Includes approximately 79.68+/- tillable acres CPI Rating: 94.3 Soil types include Canisteo-Glencoe, Nicollet, and Webster Access along the east from 420th Street Tract 4 - 81.90 acres Includes approximately 76.90 tillable+/- acres CPI Rating: 91 Soil types include Canisteo-Glencoe, Nicollet, Harps, and Okoboji 2.10 Acres are currently enrolled in the C.R.P. Program through 2035 ($188.00 per acre with an Annual Payment of $395.00) (Buffer Strip) Drainage to Renville Co. Ditch #106A-BR located on East Side Access along the east from 410th Street Tract 5 - 81.70 acres Includes approximately 73.44 tillable acres CPI Rating: 94.6 Soil types include Canisteo-Glencoe, Nicollet, Webster, Crippin, and Harps 2.70 Acres are currently enrolled in the C.R.P. Program through 2035 ($188.00 per acre with an Annual Payment of $508.00) (Buffer Strip) Drainage to Renville Co. Ditch #106A-BR located on East Side Access along the east from 410th Street Tract 6 - 39.71 acres Includes approximately 38.17 tillable acres CPI Rating: 96.2 Soil types include Nicollet, Webster, and Canisteo-Glencoe Tract does have County Tile (See Map) Access along the north from 710th Ave METHOD & TERMS The Setzepfandt farm will be sold on a price per acre basis, based on surveyed acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Wednesday, October 29, 2025. The seller will provide an abstract showing clear and marketable title. Buyer responsible for title insurance if desired. Seller will pay all the 2025 real estate taxes. Buyer will pay all 2026 taxes and beyond. Seller will retain all farm rental income for 2025, including any CRP payments for the 2025 year. Buyer will receive possession after the 2025 crop has been removed. New buyer will be responsible for fall tillage. Open lease for 2026 crop year and beyond. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. Seller Alvin Doc & Carol Setzepfandt Estate Representing Attorney: Mark Wermerskirchen Wermerskirchen Law Office, P.A. 106 Minnesota Avenue SW PO Box 1002 Willmar, Minnesota 56201 (320) 235-7615 Auction Manager: Allen Henslin (320) 979-1808