Farm Ac

OWNER Duane Sippel AUCTION LOCATION LandProz website or Moose Lodge: 1623 W Main St, Albert Lea, MN 56007 PROPERTY DESCRIPTION LandProz is pleased to present the Duane Sippel Farm Auction in Freeborn County, MN. This 199.25 +/- acres will be offered to the public to bid their price via LandProz AuctionCast on the LandProz website. Discover a rare opportunity to own a piece of Minnesota agricultural heritage with this exceptional tillable farmland, held in the Sippel family name since April 22, 1864, and now offered for the first time outside the family. This productive parcel, approximately 199.25 +/- acres (more or less, with a survey provided), features 195.59 +/- tillable acres currently planted in corn, boasting a strong CPI of 82.6 and dominated by high-quality loam soils, making it ideal for continued row crop production or diversified farming operations. The property will be sold at a price per deeded acre. Auctioneer Comment: This exceptional farm offers an unparalleled opportunity for the next proud owner to carry on a legacy of success and stewardship. Located right off a convenient blacktop road, it boasts nearly all tillable acres, making it a highly productive and efficient operation. Known for its impressive yields year after year, this high-producing farm is a rare find in todays market. Much like the Sippel family, who have nurtured and cherished this land for generations, the new owner will have the chance to create their own lasting heritage on this beautiful, fertile property. - Sonny Jensen Please contact LandProz Agent & Auctioneer Sonny Jensen at 507-402-9445 or LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information regarding this auction. PROPERTY FEATURES 199.25 +/- Deeded Acres 195.59 +/- Tillable Acres CPI of 82.6 Prominent soil types: Medo Muck & Clarion Estherville complex 2.5 +/- CRP Acres with an annual payment of $294 per acre, expiring in 2032 Drain tile in place Bordered on the west by Judicial Ditch 77, providing additional drainage Soybeans 46 bushels/acre, corn 168 bushels/acre, oats 58 bushels/acre in 2024 Real Estate Taxes: $TBD TERMS $100,000 down [non-refundable] as earnest money, the day of the auction. Balance is due at closing on, or before, December 16, 2025. There will be a 2% Buyer's Premium added to the final purchase price. 2025 taxes will be paid by the seller, 2026 taxes will be paid by the buyer. Any statements made the day of the auction take precedence over previous materials. New owner will have possession as soon as present tenant's crops are removed. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.