Mostly Tillable Tract With Recreational Opportunity In Southeast MN

Description

Property Location: 228.5 +/- acres in S27/34-T101N-R12W in Fillmore County

Auction Location: Isle Of Dreams, 13029 County Road 3, Spring Valley, MN 55975

Auction Date & Time: September 29, 2020 @ 6:00 PM. 

Hard to find large tillable farm in Southwest Fillmore County just north of the Iowa border.  If you have been looking for a quality farm to add to your operation this is one to take a look at.  The farm lays well with waterways in the right locations.  This would be a great option for anyone looking to do a 1031 exchange or looking to diversify their investments and get into land ownership.  There are 32.5 +/- acres of timber that make for great hunting.  The property would also make for a great location to build your dream home. The property will be offered in 4 different tracts.

Tract 1. 67 +/- total acres with 61.3 +/- acres tillable. PI Rating 80.  Great nearly all tillable tract just north of the Iowa border with good soils.  This parcel lays well and will make a great addition to any farming operation.  If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.

Tract 2. 99 +/- total acres with 93.41 +/- acres tillable. PI rating 84.  Great nearly all tillable tract just north of the Iowa border with good soils.  This parcel lays well and will make a great addition to any farming operation.  If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.

Tract 3. 32.5 +/- total acres.  Awesome all timber property surrounded by ag land just north of the Iowa border.  If you have been looking for a smaller wooded hunting parcel this is one you need to look at.  The property hunts big and has a ton of sign. Potential to build a cabin or home in the woods. Hunting parcels of this size do not come around often in this area. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco

Tract 4. 30 +/- total acres with 29.78 +/- acres tillable. PI rating 74.  Great nearly all tillable tract just north of the Iowa border with good soils.  This parcel lays well and will make a great addition to any farming operation.  If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.

Property Details

  • 184.5 +/- Total Tillable Acres
  • CPI average of 81.4
  • Great option for 1031 exchange
  • Lays well for big equipment
  • Great addition to any farming operation
  • 32.5 +/- acres of timber for good hunting
  • Just north of the Iowa and Minnesota state line
  • Option to bid on 4 different tracts
  • Open for farming 2021
  • Bidders may participate in the auction on site or online at Proxibid.com
  • On site bidders should bring government issued ID
  • Subject to a 2% buyers premium
  • 10% down payment immediately after auction – cash, personal or business checks accepted
  • If 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 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 judgement

Auction Location: Isle Of Dreams, 13029 County Road 3
Spring Valley, Minnesota 55975