Kellen - +/- 320 Acres Rock Twp, Pipestone Co., MN Land

This auction presents a great opportunity to purchase two well located parcels of eastern Pipestone, MN Land - Consisting of FARM #1 - +/-160 acres in Sec. 24 of Rock Twp. and 160 Acres in Sec. 13 of Rock Twp. Both of these farms are situated in a prominent crop and livestock area located near the Pipestone-Murray County Line and are conveniently located between Woodstock & Holland, MN. Both of these farms would make nice additions to area crop and/or crop livestock operations and could also serve as investment properties with a combination of crop and/or rental income, and perhaps some hunting and recreational opportunities. FARM #1 - +/-160 Acres – LEGAL DESC.: The SE¼ of Sec. 24, T. 107N., R. 44W., (Rock Twp.), Pipestone County, MN. This property has negligible improvements, although there is a former farmstead with remnants of an historic rock constructed home and some mature trees. This parcel of land is inclusive of a mixture of productive cropland and pasture/hayland, as according to FSA information this farm has approx. 159.71 acres of Farmland with approx. 149.65 acres of Cropland, with a 53.74 acre corn base with a 137 bu. PLC yield and a 55.3 acre soybean base with a 36 bu. PLC yield; and a 4.83 acre wheat base with a 39 bu. PLC yield, the remainder of the property consists the former farmstead & trees, driveway, waterways, roads and 2 wind tower sites and access roads. According to the Pipestone Co. Assessor this parcel has a CER of 62.82, comparatively information obtained from Surety Agri-Data, Inc. indicates that this parcel of land has a weighted average productivity index of 88.8. The 2 Wind Tower Sites generate NO future payments as the previous owner took a one time payment at the inception of the wind tower easement agreement, this easement currently is with Avan Grid Energy. The total non-homestead RE taxes payable in 2026 on this property are $3,110.00, although with a county assessor’s correction of the CER the preliminary tax amount payable in 2027 is estimated to be approx. $5,430.00. FARM #2 - +/-160 Acres – LEGAL DESC.: The NW ¼ of Sec. 13, T. 107N., R. 44W., (Rock Twp.), Pipestone County, MN. – Located from FARM #1 – ½ mile west on 141st St. and 2 miles north on 190th Ave. to the NW Corner of Farm #2 at the Jct. of 190th Ave. & 161st St.; or from the Woodstock, MN Corner (Diamond Corner) on Hwy. #30 – 6 miles north on 180th Ave. (Co. Hwy #18) and 1 mile east on 161st. St.; or from Holland, MN – 4 miles east on 171st St., 1 mile south on 180th Ave. (Co. Hwy. #18) and 1 mile east on 161st St. This property has a mixture of productive cropland and some wildlife habitat acres which are subject to a perpetual CREP Easement (MN Conservation Reserve Enhancement Program) which covers a total of 24.12 acres According to FSA information this farm has approx. 159.06 acres of Farmland with approx. 125.70 acres of Cropland with 113.51 acres of Effective Cropland (following the CRP reduction with a 41.40 acre corn base with a 137 bu. PLC yield, a 42.61 acre soybean base with a 36 bu. PLC yield and a 3.72 acre wheat base with a 39 bu. PLC yield; currently there is an existing CRP Contract #11243 which covers 12.19 acres and is enrolled at rate of $302.40 per acre generating a total annual CRP payment of $3,686.00, of which the previous owners have been receiving 100% of those payments, with the existing CRP contract scheduled to expire on Sept. 30, 2035; the buyer will be obligated to succeed to that contract with FSA and subsequently will receive 100% of the CRP payments payable in 2027 and thereafter through the remaining term of the CRP contract; – these 12.19 CRP acres are within the boundary of the area now enrolled in CREP and are not eligible for re-enrollment in the future as they are included within the CREP Easement. Individuals with questions concerning the CREP Program and the acres included in the Perpetual Reinvest in Minnesota Conservation Easement (RIM) should contact the Pipestone County Conservation office at 507-825-1185. According to the Pipestone Co. Assessor this parcel has a CER of 58.54, comparatively information obtained from Surety Agri-Data, Inc. indicates that this parcel of land has a weighted average productivity index of 90.6. There is an existing wind easement in place on this property with Excel Energy, although there are no towers on this property and no annual payments. The total Homestead RE taxes payable in 2026 on this property are $3,760.00. TERMS: Cash - A 10% nonrefundable downpayment on sale day and the balance on or before January 8, 2027 with full possession in 2027 for crop year, Marketable Title will be conveyed and an abstract of title will be continued to date and will be provided to the buyer for examination prior to closing. All of the RE taxes payable in 2026 will be paid by the sellers with the buyer(s) to be responsible for payment of all of the RE taxes due & payable in 2027. The seller(s) will retain any and all CRP payments payable in 2026, with the buyer to receive 100% of the CRP payment payable in 2027 with no proration, as well as any or all future CRP payments for the remaining term of the existing CRP contract scheduled to expire on 9/30/2035, with the new owner(s) will be obligated to comply with all of the remaining terms and provisions of the existing CRP contract; any penalty for non-compliance will be the responsibility of the new owner(s). The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statutes. FSA cropland acres, yields, bases & other information are estimated and subject to County Committee approval. This property is sold based on the acres as stated on the County Assessor’s records, with the acres understood to be “more or less”. The improvements on this property consist of an abandoned building site and are uninhabitable, and are sold in "AS IS" Condition. According to the owners there are no wells, nor a working septic system on the property. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable county zoning ordinances. Information contained herein is deemed to be correct, but is not guaranteed. The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the Owners.