89068 270th Street, Austin, MN 55912 - Freeborn County

OWNER: TOLLEFSON FAMILY

AUCTION LOCATION

Holiday Inn

1701 4th Street NW, Austin MN 55912

PROPERTY DESCRIPTION

According to the FSA there are 146.32 +/- tillable acres. The corn base is 65.20 acres and the bean base is 57.30 acres. There are 2.9+/- acres in the CRP for 3 more years at $536 annually.

This will make an excellent add on farm for your operation. Also a great investment property with good sound return on your money.

Please contact LandProz Broker and Auctioneer Greg Jensen at 507-383-1067 for more information about this property.

PROPERTY FEATURES

154 +/- Deeded acres

146.32 +/- Tillable acres

CPI of 65.1

New owner will get possession for 2023 crop year

2.9 +/- CRP Acres [paying $536-expires 9/30/25]

Corn base: 65.2 / Yield: 147

Bean base: 57.3 / Yield: 51

Real Estate taxes $10,660 [estimated]

Please contact LandProz Broker and Auctioneer Greg Jensen at 507-383-1067 for more information about this property.

TERMS

$75,000 [non-refundable] down the day of the auction. Balance is due at closing, on or about November 1, 2022. There will be a 2% Buyers Premium added to the final bid price. Buyer will have possession for the 2023 crop year. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.