PROPERTY DESCRIPTION
LandProz is pleased to present the Chapel Farms LLC Auction in Steele County, MN. This 117.14 +/- acres will be offered to the public to bid their price via AuctionCast on the LandProz website.
Auctioneer Comment: The soil types on this farm are magnificent! CPI is 95.1. There is great access to this farm on the East and the West side.
Please contact LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 or LandProz Agent & Auctioneer Sonny Jensen at 507-402-9445 for more information regarding this auction.
PROPERTY FEATURES
117.14 +/- Deeded Acres
CPI of 95.1
Prominent Soil Types: Moland Silt loam & Canisteo Clay loam
Open for 2026 Crop season
Real Estate Taxes $11,688
TERMS
$100,000 down [non-refundable] of earnest money due on the day of the auction. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing date February 17, 2026. There will be a 2% Buyer's Premium added to the final purchase price. New owner will have possession for 2026 crop season. Bidding is dollars per deeded acres. Buyer[s] to do their own due diligence prior to bidding. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.