XXX 240th Avenue, Granite Falls, MN 56241 - Yellow Medicine County

Prime Farmland in Yellow Medicine County 2 Parcel Auction 202.3 Total Surveyed Acres Thurs., November 10th, 2022 at 1 PM

PARCEL 1

136.1 Surveyed Acres; 124.6+/- Tillable Acres; CPI=93.4

Legal Description: NW 1/4 except building site in Section 30, Township 115, Range 39

PARCEL 2

66.2 Surveyed Acres; 62.6+/- Tillable Acres; CPI=89.2

Legal Description: W 1/2 of SW 1/4 in Section 30, Township 115, Range 39.

All located in Minnesota Falls Twp., Yellow Medicine Co.

See survey for exact legal descriptions.

AUCTION LOCATION:

American Legion, 60 6th Ave, Granite Falls, MN

Live Auction with an online bidding option.

This Land Has Tile

Parcel 1 CPI=93.4; Parcel 2 CPI=89.2

This Land Has Been Surveyed

Gorman & Helen Velde Estate, Velde Partnership, Owners

Auctioneers Note: We are pleased to present the Velde Farmland for sale by auction. This is a rare opportunity to own highly productive farmland located close to Granite Falls, MN. This land has been in the Velde Family since 1899 and 1916. You wont want to miss this chance to bid on land which hasnt been for sale in over 100 years. Parcel 1 offers 124.6+/- tillable acres with an impressive CPI=93.4. Parcel 2 contains 62.6+/- tillable acres and offers a CPI=89.2. Both parcels have tile and have been surveyed. These prime farmland parcels would be a great addition to your farming operation or investment portfolio. You will not want to miss this auction!

Auction Terms: The successful bidder(s) will pay down $50,000 per parcel as earnest money on auction day in the form of a cashiers check. The non-refundable check should be made out to Fladeboe Land Trust Account. The successful bidder(s) will enter into a non-contingent, ASIS purchase agreement on auction day. Buyers premium applies. Final price will be calculated by the number of deeded acres as per the survey. Closing will be executed on or before December 22, 2022 with Attorney Spencer Kvam in Granite Falls, MN. Announcements made auction day take precedence over printed material.