Napoleon, ND 58561 - Logan County

LAND AUCTION

1,505.3 +/- Acres - Logan County, ND

Thursday, September 29, 2022 11:00 a.m.

Auction Location: American Legion Hall - Napoleon, ND

Auction Note: The Schuler family land offering features 1,505.3 +/- acres of highly sought after and productive farmland and pastureland in Logan County. Offered in eight parcels, this multi-generational farm boasts flat-lying cropland suitable for growing commodities typical of the area, including corn, soybeans, canola, wheat and barley. The property also has future irrigation potential. The pastureland offers lush native grasses, solid perimeter fences and adequate water sources. In addition to the agricultural opportunity, the area is well known for its healthy duck, pheasant and deer populations. This is an outstanding opportunity for farmers and investors to add to ones operation or portfolio.

Contact: Darin Peterson at 701.220.5396 for more information or Pifer's Auction & Realty at 701.475.7653 for a complete catalog.

Parcel 1

Acres: 237.48 +/-

Legal: SE1/4 & W1/2NE1/4 9-136-70

Crop Acres: 96.23 +/-

Pasture Acres: 139.78 +/-

Taxes (2021): $562.98

This parcel features gentle rolling cropland with good access off 56th St. SE. This parcel is subject to land owner/tenant lease.

Crop Lease: $51.00/acre through Nov. 1, 2024 **This lease increases to $52.00/acre in 2023**

Pasture Lease: $20.00/acre through Nov. 1, 2022

Parcel 2

Acres: 157.49 +/-

Legal: SW1/4 11-136-70

Crop Acres: 154.12 +/-

Taxes (2021): $705.20

This parcel features productive cropland with good access. This parcel is subject to land owner/tenant lease.

Crop Lease: $61.00/acre through Nov. 1, 2024 **This lease increases to $62.00/acre in 2024**

Parcel 3

Acres: 317.49 +/-

Legal: E1/2 11-136-70

Crop Acres: 143.3 +/-

Pasture Acres: 164.67 +/-

Taxes (2021): $1,283.78

This diverse parcel offers lush pastureland with good fencing and productive cropland. This parcel is subject to land owner/tenant lease.

Crop Lease: $61.00/acre through Nov. 1, 2024 **This lease increases to $62.00/acre in 2024**

Pasture Lease: $26.00/acre through Nov. 1, 2023 **This lease increases by $0.50/acre per year**

Parcel 4

Acres: 157.83 +/-

Legal: NE1/4 14-136-70

Crop Acres: 62.48 +/-

Pasture/Farmstead Acres: 88.15 +/-

Taxes (2021): $819.13

This parcel offers it all. Flat-lying cropland, productive pastureland, and a private farmstead setting with electricity and a Quonset with a concrete floor. This parcel is subject to land owner/tenant lease.

Crop Lease: $54.00/acre through Nov. 1, 2024 **This lease increases to $55.00/acre in 2024**

Pasture Lease: $25.00/acre through Nov. 1, 2024

Parcel 5

Acres: 157.49 +/-

Legal: NW1/4 14-136-70

Crop Acres: 149.71 +/-

Recreational Acres: 4.4 +/-

Taxes (2021): $555.20

This parcel features cropland in which you can farm every acre it has to offer. This parcel is subject to land owner/tenant lease.

Crop Lease: $54.00/acre through Nov. 1, 2024 **This lease increases to $55.00/acre in 2024**

Parcel 6

Acres: 157.52 +/-

Legal: NW1/4 15-136-70

Crop Acres: 128.62 +/-

Recreational Acres: 20.77 +/-

Taxes (2021): $575.63

This parcel features cropland with an average SPI of 39.5. This parcel is subject to land owner/tenant lease.

Crop Lease: $35.00/acre through Nov. 1, 2024

Parcel 7

Acres: 160 +/-

Legal: SE1/4 16-136-70

Crop Acres: 155.08 +/-

Taxes (2021): $597.08

This parcel features 160 +/- acres that is currently being used as hayland. This parcel is subject to land owner/tenant lease.

Hay Lease: $37.00/acre through Nov. 1, 2022 **This lease increases by $1.00/acre per year**

Parcel 8

Acres: 160 +/-

Legal: NW1/4 24-136-70

Crop Acres: 147.66 +/-

Recreational Acres: 7.45 +/-

Taxes (2021): $687.66

This parcel features cropland along with 3- half mile long shelter belts that provide excellent wildlife habitat. This parcel is subject to land owner/tenant lease.

Crop Lease: $36.00/acre through Nov. 1, 2024

OWNER: Lena Schuler Family Partnership