Auction Closed
280-acres-of-bare-land-in-rice-county-mn-for-maria-smits-trust

280 ACRES OF BARE LAND IN RICE COUNTY, MN FOR MARIA SMITS TRUST

Auction #225905
Description

280 ACRES OF BARE LAND, FARM LAND, HUNTING & RECREATIONAL, SELLING IN 4 SEPARATE PARCELS, 2.5 ACRE BUILDING SITE, ALL IN SECTION 1, 12 & 23 OF WALCOTT TWP, RICE CO. MN, SOUTHEAST OF FARIBAULT, MN

Ended Tue, Nov, 29th 11:59 PM US/Central
Address 930 Red Wing Ave.
Kenyon, MN
Simulcast

Category: Real Estate

Description

Live & Online Real Estate Auction

280 Acres In Walcott Township, Rice Co. MN, 2.5 Acre Building Site, Rural Faribault, MN

The Trustee’s For The Maria Smits Trust Have Ordered This Real Estate To Be Sold At Public Auction.

Auction Location: 930 Red Wing Ave., Kenyon, MN 55946 (Maring Auction Building)

Tuesday November 29, 2022
10:00AM

Come Prepared To Buy Some Unique Properties

~ Parcel 1 ~
~ 120+/- Acres Bare Crop Land In Section 23, Walcott Township, Rice County, MN ~

*** Address: 58XX 250th Street East, Faribault, MN 55021
*** Area: 120+/- Acres Of Bare Crop Land
*** Tillable Acres: Approx 95+/- Acres
*** Former PID#: 12.23.4.00001, Taxes For 2022 Based On 160 Acres Are $1,596.40
*** The Southeast Quarter Will Be Split Off Of This Farm
*** Crop Productivity Index: 76.1 Average
*** CRP Contract: There Are 11.31+/- Acres Under Contract Until September 2027, Per Acre Rate, $231.49. Rice Co. FSA Will Determine Exact CRP Acres In Parcel After Auction And Land Is Split
*** Remaining Balance Of Bare Land CRP Contract Expires September 2022.
*** This Will Make A Great Addition To Any Farming Operation For The 2023 Growing Season
*** To Be Sold By The Acre

~ Parcel 2 ~
~ 77.5 +/- Acres Of Bare Crop Land In Section 1, Walcott Township, Rice County, MN ~

*** Address: 61XX 220th Street East, Faribault, MN 55021
*** PID#: 15.01.325.001, Taxes For 2022 $1,198.00, Zoned 2A Ag Homestead
*** Area: 77.5+/- Acres, Building Site Will Be Surveyed Off At Selling At Auction
*** Tillable Acres: 58+/- Acres
*** Crop Productivity Index: 92.6 Average
*** To Be Sold By The Acre

~ Parcel 3 ~
~ 2.5+/- Acre Older Building Site In Section 1, Walcott Township, Rice County, MN ~

*** Address: 6136 220th Street East, Faribault, MN 55021
*** Area: 2.5+/- Acres To Be Surveyed
*** Building Site: Older 2 Story Home, Older Shed, Non-Conforming Septic System, Unknow Well Condition, House Is In Poor Condition Selling AS-IS
*** To Be Sold By The Gross Dollar

~ Parcel 4 ~
~ 80 Acres Of Bare Crop Land In Section 12, Walcott Township, Rice County, MN ~

*** Address: 61XX 220th Street East, Faribault, MN 55021
*** Area: 80 Deeded Acres, Taxes For 2022 $1,464.00, Zoned 2A Ag Homestead
*** Tillable Acres: 74.15 Total, 19.78 Acres Under Plow
*** Crop Productivity Index: 88.3 Average
*** CRP Acres: 54.37 Acres To Expire In September Of 2027
*** 48.28 CRP Acres At A Rate Of $203.89 Per Acre For Yearly Payment Of $9,843.80
*** 6.09 CRP Acres At A Rate Of $190.72 Per Acre For Yearly Payment Of $1,161.00
*** To Be Sold By The Acre

Terms: $20,000.00 Down On Parcels 1, 2 & 4 and $10,000.00 Down On Parcel 3 The Day Of The Auction, This Earnest Monies Is Non-Fundable If Buyer Fails To Close On Said Real Estate. The Balance Is Due And Payable In Full To The Seller On Or Before December 29th, 2022; At Which Time The Buyer(s) Shall Receive Clear And Marketable Title And Possession. All Real Estate Sells In AS-IS Condition With No Warranties Or Guarantees Expressed Or Implied By The Seller Or Any Of Their Agents. There Are No Contingencies Whatsoever. The Buyer(s) Of Parcel 1 & 4 Shall Honor All USDA CRP Contracts To The Expiration Dates. All Real Estate Taxes Shall Be Pro-Rated To Date Of Closing. All Bidders And Buyers Must Have Their Finances In Order Prior To Auction Day. Broker: Maring Auction & Realty Inc., Lic# 40241191

Maria Smits Trust, seller

Matt Maring Auction Co. Inc.,
PO Box 37, Kenyon, MN 55946
507-789-5421 or 800-801-4502
Matt Maring Lic# 25-28
507-951-8354
Kevin Maring Lic# 25-70
507-271-6280
Adam Engen Lic# 25-93
507-213-0647
Broker: Maring Auction & Realty Inc., Lic# 40241191

Dates

Bidding Dates
Tuesday
29
Nov '22
at
10:00 AM
US/Central
Preview Dates
Pre-bidding Dates
Checkout Dates

    Documents

    Links