210.2 Acres / Pennington County, MN

Online-Only Auction

Categories:     LandOnline-Only Auction

Auction Date:

September 23, 2024 | 3:00 pm

Auction Location / Nearest City:

Oklee, MN, USA

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Auction Description:

210.2 Acres / Pennington County, MN
Online Only at Ranchandfarmauctions.com
Auction Date: 9/23/24 Auction Time: Online Only, Bidding Ends at 3:00 PM CT
Auction Venue Location: Online Only

Entire Farm Description:

This 210.2± acre property is located in Section 23 of Mayfield Township in southern Pennington County. It is made up of 53.58± FSA Tillable acres that are currently in expired CRP, with an additional 153± acres enrolled in the Conservation Reserve Program (CRP). The CRP acres are comprised of two contracts. Contract #1 has 108.4 acres enrolled at $34.64 per acre or $3755 annually and expires in 2024. Contract #2 has 44.6 acres enrolled at $60.01 per acre or $2676 annually and expires in 2024. The property sits just north of the Clearwater River, making it a great recreational property specifically for deer, turkey, grouse and bear hunting. The mix of CRP, cropland and neighboring wooded acres creates an excellent habitat to hold wildlife year-round. This could be a great addition to one’s current farm operation, investment or 1031 option.

Details:

Tract #: 1

Deeded Acres: 210.2±

FSA Farmland Acres: 206.58±

Soil Types: Smiley Loam, Hamre Muck, Reiner Sandy loam, Cathro Muck, Berner Muck, Vallers Loam, Strathcona Sandy Loam, Northwoods Muck, Kratka Sandy Loam

Soil PI/NCCPI/CSR2: 50.12/53.46

CRP Acres/payment: 153/$6431

Taxes: $2920

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession, subject to CRP contracts that expire in Oct 2024

Survey needed?: No survey needed

Brief Legal: Sect 23 Twp 152 Range 041 +/-210ac N1/2 NE1/4 LESS THE S. 185FT OF THE E. 2300FT, N1/2 NW1/4, E1/2 SW1/4, NW1/4 SW1/4

PIDs: R-09.02308000

Lat/Lon: 47.9774, -95.8604

Zip Code: 56742

10% down payment immediately after auction – cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted – Bidders shall rely entirely on their own information and judgments
53.58± ac expired CRP ready to be put back into production
153± ac of CRP with $6431 of income through 2024
Located in Section 23 of Mayfield Township
Excellent deer, turkey, bear and grouse hunting
Easy access from Co Hwy 23 and 280th Ave Se
Located just north of Oklee and the Clearwater River

210.2 Acres / Pennington County, MN

Oklee, MN, USA
Oklee, MN

Auction Location / Nearest City:

Oklee, MN, USA

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