RENVILLE COUNTY, MN LAND AUCTION - OLSON

LOCATION Renville County, Minnesota The land is located in Section 17, Hector Township, Renville County, Minnesota. From Hector, MN, go 1 mile north on MN State Hwy 4, 1 mile west on 810 Ave, land is mile north on 470th St. SELLER John & Lynae Olson MANAGED BY Allen Henslin (320) 979-1808 GENERAL INFORMATION 109.7 surveyed acres 1 tract This tract features top quality Renville County soils with a strong CPI rating of 93.2. Drainage access along the north side of this parcel to Renville County JD# 15. We urge you to check out this top quality farm that has been in the Olson family for 3 generations. (Johns grandfather, Albert, purchased in 1946!) TRACT INFORMATION 109.7 surveyed acres Includes approximately 105.5 tillable acres CPI Rating: 93.2 Soil types include Canisteo-Glencoe, Nicollet clay loam, Webster clay, and Clarion loam Renville County Judicial Ditch #15 on north side Access along the west side from 470th Ave St. METHOD & TERMS The land will be sold on a price per acre basis, based on surveyed acres. 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 Friday, January 16, 2026. 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. 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. John & Lynae Olson Representing Attorney: Kraft Walser Law Office | Mrs. Sene Zupke 107 North 9th Street, Olivia, MN 56277 | (320) 523-1322 Auction Manager: Allen Henslin (320) 979-1808