264.03 ACRES / OTTER TAIL COUNTY, MN

Live & Online Auction

Categories:     Land

Auction Date:

August 14, 2024 | 11:00 am

Auction Location / Nearest City:

Vergas Event Center, 140 W Linden Street, Vergas, MN 56587

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Auction Description:

MULTI-USE PROPERTY IN OTTER TAIL CO MN – 264.03 ACRES
Live and Online Auction
Auction Date/Time: August 14th, 2024 – 11:00am
Location: Vergas Event Center, 140 W Linden Street, Vergas, MN 56587
Open House Dates and Times: August 4, 2024, from 12 Noon – 6 PM at 29360 415th Street, Dent, MN 56528

Entire Farm Description:
Rare is the day that an opportunity like this becomes available and I would like to personally invite you to come bid your price on this stunning 272± acre property located NE of Maplewood State Park, east of Lake Lida, and north of the Silent Lakes in Otter Tail County. The property will be sold in 7 tracts ranging in size from 14± acres up to 64± acres made up of hunting land, buildable land, income-producing land, a home site with a barn and outbuildings, lake frontage and much more. The auction will be held on August 14, 2024, at the Vergas Event Center at 11:00 AM CT.
Tract 1 Description: 39± Acres (Updated to 38.52 acres after survey)
Located NE of Maplewood State Park, east of Lake Lida, and north of the Silent Lakes, this property could just as easily be located inside of the park. It is heavily wooded with mature oak, giant rolling hills and ridge tops to go along with two small openings. One opening is right off the main road and would make for the perfect home or cabin site and the other opening would be perfect for a small food plot. This area is absolutely loaded with deer and turkey and this property is no different. The game trails are down to the dirt and the chance of getting a crack at a mature buck is fairly good! A small ATV trail runs through the property and the mature timber could be harvested for income. As an added bonus, the Heart of the Lakes Trail borders the property for more recreational opportunities. So, if you are looking to build, hunt and enjoy the surrounding lakes, this is the tract for you!
Tract 2 Description: 39.3± Acres (Updated to 39.01 acres after survey)
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this tract is the perfect mix of open ground and mature woods. The setup is perfect, with multiple building sites, large enough fields to farm or pasture and enough woods for excellent deer and turkey hunting. This property is truly a rare find! A drilled well exists on the property and the land has road access on the east and south ends. This area is loaded with deer and turkey and this property is no different! The game trails are down to the dirt. So, if you are looking for a place to build in the lakes area that offers a multitude of opportunities then you will want to be sure to bid on this tract of land as it is extremely rare to find a property of this size and makeup on the open market.
Tract 3 Description: 64± Acres (Updated to 57± Acres)
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this tract is a great investment opportunity with multiple ways for you to generate income. For starters, about seven of the acres are leased by the Verizon cell tower on the land which generates an annual income that increases each year. Additionally, the remaining acres are wide open for farming, re-enrolling into CRP, subdividing or potentially even a gravel operation. It borders the Heart of the Lakes Trail and is smack dab in the middle of lakes country. What a wonderful opportunity to own a tract of land that will help pay for itself year in and year out. (Verizon does have a right of first refusal.)
Tract 4 Description: 50± acres
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this property boasts one of the most beautiful building site settings I have stepped foot on in quite some time. The property is made up of rolling hills, open fields, woods and borders Club Lake. The lake is the perfect lake for kayaking, canoeing, leeching and waterfowl hunting. The building site currently has a home on it that is being sold as is and needs some renovation and upkeep or it can be removed so you can build your new forever home. There is a barn, machine shed and a few other smaller outbuildings that are usable. This is the perfect setting to have a small hobby farm, hunt deer, turkey and waterfowl while having total privacy. Good land with established buildings in a great location is hard to come by. As an added bonus, the Heart of the Lakes Trail borders the property for more recreational opportunities. This is a must-see property and most definitely will be worth your time and consideration.
Tract 5 Description: 33± acres
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this property has road frontage on the north and east sides of it making this an excellent investment property. Whether you want to develop the land for your own personal use and build on it, or subdivide it and sell off smaller parcels, there are plenty of options to do both. Mostly open ground with rolling hills there are several really nice building spots with great views. You could convert it back into tillable land, re-enroll it into CRP or potentially use it for gravel. Another good option would be storage sheds. The sky is the limit. Come bid your price on this well-rounded property.
Tract 6 Description: 32.2± acres
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this property is an excellent investment property. Whether you want to develop the land for your own personal use and build on it, or subdivide it and sell off smaller parcels, there are plenty of options to do both. Mostly open ground with rolling hills there are several nice building spots with great views. You could convert it back into tillable land, re-enroll it into CRP or potentially use it for gravel. Another good option would be storage sheds. The sky is really the limit. Come bid your price on this well-rounded property.
Tract 7 Description: 14.3± acres
Located NE of Maplewood State Park, east of Lake Lida and north of the Silent Lakes, this small property packs a big punch. Its location, size and makeup are hard to find in the middle of lakes country. When I first walked this property, I kicked up multiple deer and the trails and deer sign are everywhere. There is enough cover for them and the neighboring ag field provides plenty of food. There are several great building spots and enough elbow room to plant a food plot, garden or even pasture for some farm animals. This well-rounded property is a gem and one worth your time and consideration. I encourage you to take a look and bid your price!
Details:
CRP Acres/payment: NO CRP
Taxes: TBD after splits
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession
Survey needed?: To be completed prior to closing if needed
Brief Legal: Part of S 29/30/32 T136N R41W Otter Tail Co
Lat/Lon: 46.56092, -95.88119
Zip Code: 56528


Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
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
Located NE of Maplewood State Park
Excellent hunting
Income producing
Building spots
Lake frontage
Investment opportunities
Heavily wooded with mature oak
Rolling hills
ATV trails
East of Lake Lida and north of Silent Lakes

264.03 ACRES / OTTER TAIL COUNTY, MN

Vergas Event Center, 140 W Linden Street, Vergas, MN 56587
Vergas, MN

Auction Location / Nearest City:

Vergas Event Center, 140 W Linden Street, Vergas, MN 56587

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