443.69 +/- Acre Land & Acreage Auction, Lincoln Co., MN

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Auction Description:

443.69 +/- Acre Land & Acreage Auction, Lincoln Co., MN
Date/Time: May 29, 2025 10:00 am
Address: Hendricks Twp., Lincoln Co., MN
Directions: From Hendricks MN, 1.5 miles south on Hwy. 271, or from Hwy 19 & Hwy 271, 1 mile north.

Auctioneer Notes
This land & acreage sale represents an outstanding land offering, providing the opportunity to purchase up to 443.69 +/- adjoining acres of highly productive Lincoln County land. The land and acreage are all adjoining and will be offered individually in 4 total tracts, featuring very strong soils and predominantly tillable tracts, with some CRP & grassland, and an established acreage site. The sale will be held live, onsite with online bidding available during the sale, and no buyer’s premium. Contact the auctioneers & brokerage firm and don’t miss this quality land and acreage sale! Video & More Pictures Coming Soon!

Overview
Tract 1 – 155 +/- Acres: This strong corn & soybean farm offers 145.72 cropland acres, per the FSA office, and 2.00 acres near the south ditch enrolled in CRP for an additional annual payment of $333.94. The farm is predominantly comprised of Class I & II soils featuring Parnell & Winger Silty Clay Loam & Singsaas-Oak Lake Complex with a total soil rating of 92.2. The farm has a corn PLC yield of 133 and a soybean PLC yield of 37. The farm joins tracts 2 & 4.
Description: 155 +/- Acres Exc. Acreage, in the E ½ of Sec 29, T-112-N, R-46-W, Hendricks Twp., Lincoln Co., MN

Tract 2 – 150 +/- Acres: This inside corn & soybean farm offers 105.14 +/- tillable acres, per the FSA office and Surety maps, and 23.24 acres enrolled in CRP for an additional total annual payment of $6,705.05. The balance of the farms acres are utilized for pasture and grass that could be suitable and utilized for grazing or haying. The farm is predominantly comprised of Class II soils featuring Winger, Parnell & Quam Silty Clay Loam with a total soil rating of 90.4. The farm has a corn PLC yield of 133 and a soybean PLC yield of 37. The farm joins tracts 1, 3 & 4.
Description: 150 +/- Acres in Sec 29, T-112-N, R-46-W, Hendricks Twp., Lincoln Co., MN

Tract 3 – 125 +/- Acres: This corn & soybean farm offers 102.54 +/- tillable acres, per the FSA office and Surety maps, and 5.98 acres enrolled in CRP for an additional total annual payment of $1,075.71. The farm is predominantly comprised of Class I & II soils featuring Winger & Oak Lake Silty Clay Loam & Singsaas Complex, and has a total soil rating of 93.1 The farm has a corn PLC yield of 133 and a soybean PLC yield of 37, and also has Highway 271 frontage and joins tract 2.
Description: 125 +/- Acres in W ½ of Sec 29, T-112-N, R-46-W, Hendricks Twp., Lincoln Co., MN

Tract 4 – 13.69 +/- Acre Acreage This 13.69 +/- acre acreage features a two story home, multiple out buildings, mature trees, room for animals, and ample room with scenic views. The home was built in 1940 and has 1,164 above ground square feet with 4 bedrooms and 2 bathrooms. The older home could benefit from updates, but does have newer siding, newer windows, and newer shingles. The home also has an attached two stall garage, diesel heat, rural water, and a septic tank & drain field. Accompanying the house are several out buildings, including a 40×48 barn, a 34×60 quonset & 40×60 adjoining machine shed, a 24×66 tool shed, and a few other smaller improvements and grain bins. This acreage has lots to offer for someone looking for an acreage in the country, only 2.5 miles from Hendricks, while having mature trees and a long driveway ready for country living enthusiasts!
Address & Description: 2955 130th Ave., Hendricks MN 56136. Acreage in E ½, Sec 29, Hendricks Twp., Lincoln Co.

Description
443 +/- Acres & 2955 130th Ave., Hendricks MN in Sec 29, T-112-N, R-46-W, Hendricks Twp., Lincoln Co., MN

Terms
TERMS: A 10% non-refundable earnest money deposit for the bare land and a 5% non-refundable deposit for Tract 4, the acreage, is due day of sale with balance due at closing. Closing for the acreage will be on or before June 30th, 2025, and closing on the land will be on or before September 5th, 2025. Title work and closing fees split 50/50 between buyer & seller. The acreage will have possession at closing and the land will have possession upon closing after the crop is removed. The sellers will pay the 2025 RE taxes and the new buyers will be responsible for the 2026 RE taxes. A survey will be provided for all parcels if sold to separate buyers with the cost split 50/50 between the buyers and sellers. The total acres will be dependent upon the new survey, with the purchase price for bare land tracts reflecting the total acres. The sellers and agents do not make any claims for boundary lines or total acres. Fences are not guaranteed to be accurate boundary line representations. Any new fencing will be the responsibility of the new buyers. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of the owners. New buyers are responsible to conduct their own due diligence for future use and practices. Listed tillable & cropland acres are per the FSA office & surety maps and are believed to be accurate but not guaranteed to be exact. The buyers will receive all CRP payments beginning this year in 2025 and are responsible to sign up the accounts under their name with the FSA office. The sellers do not provide any guarantees, warrantees or contingencies for parcels. Information provided and all statements made are believed accurate but not guaranteed, statements made day of sale take precedence over previous written material. Items remaining at the property at the time of closing will be transferred to the buyer in as is, where is condition. Information contained herein and all statements made are believed accurate but not guaranteed. The auctioneer & brokerage firm represent the sellers in this transaction.

Owner
HEIRS OF THE CAROLINE E. KESSEN ESTATE

Additional Information
LAND BROKERAGE & AUCTIONEERS FIRM Burlage Peterson Auctioneers & Realtors, LLC Land Brokers – Auctioneers – Realtors – Farm Managers [email protected] or 605-692-7102

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