Property Description
Live Public Farmland Auction Of 73.40+/- Acres Of Farmland Located In Grand Prairie TWP, Nobles County, MN! This Farm Is Located Northwest Of Ellsworth, MN & Southeast Of Kanaranzi, MN! If You Are Looking For A Great Inside Tract Of Farmland That Is Nearly All Tillable (Only Excepting The Road & Ditch) And Easy To Farm With Larger Equipment Then Do Not Hesitate To Take A Strong Look At Purchasing This Farm! Auctioneers Note: Our Company is honored to offer this outstanding tract of Nobles County, Minnesota farmland for sale at auction! This farm is nestled in Southwestern Nobles County and is located in a region where land does not often come for sale! If you are a land buyer, investor or farmer and you have been considering making a land purchase then strongly consider purchasing this nearly all tillable tract of farmland! Southwest Minnesota farmland is known throughout the Midwest as being an excellent location for farming and long term land appreciation! Do not wait to buy land, buy land and wait! Abbreviated Legal Description: The North 1/2 of the SE1/4 Excepting a 6.60 acre tract in E1/2, all in Section 7, TWP 101N, Range 43W, Nobles County, MN. Subject to a survey on the acreage site only. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record General Description: According to the county assessor, this property contains 73.40+/- gross acres. According to FSA, this farm contains approx. 74.16+/- tillable acres. This farm has a corn base of 37.07 acres with a PLC yield of 147bu and a soybean base of 37.06 acres with a PLC yield of 39bu. This farm is currently classified as NHEL. The predominant soil types include: P48B-Allendorf, P38B-Thurman, P9A-Gillet Grove, P48A-Allendorf, P56B-Kanaranzi. According to Agri-Data the productivity index soil rating is 69. This is a tremendous opportunity to purchase a farm that is virtually all tillable with the only exception being a small portion of road and ditch! If you are a farmer, investor or land buyer looking for a great tract of land then be sure to check out this farm! Farmland is a finite asset and when it comes available you should give serious consideration to purchasing it as you are not guaranteed another opportunity to purchase it in your lifetime! For those looking to build their long term wealth, expand their operation or secure a tangible investment for the next generation, Southwest Minnesota farmland is an investment worth considering! Method of Sale: This farm will be sold as one tract with the final bid price times the gross county acres of 73.40+/-. This farm has not been surveyed. Possession: Buyer will receive farming possession on March 1, 2027. This farm is available to farm for the 2027 crop year! Closing Day: Closing shall on or before December 18, 2026. Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which shall be on or before December 18, 2026. Buyer shall receive a clear and merchantable title to the property on closing day. Closing agent and escrow agent shall be sellers attorney Donald Klosterbuer with Klosterbuer & Haubrich. An abstract shall be updated and provided to buyers attorney for a title opinion. Seller shall pay for update of abstract, buyer shall be responsible for costs of buyers title opinion. The closing fee shall be split 50/50 between buyer and seller. Buyer shall be solely responsible for any lender's title insurance policy if required. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any.