87.44± ACRES
Lillian Hartwick Farm
Blue Earth City Township, Faribault County, Minnesota
Sealed Bid Auction
Wednesday, December 18, 2024 @ 10:00 a.m.
Winnebago Municipal Center
140 S Main Street, Winnebago, MN 56098
Get Directions
Attorney: Kristin Gunsolus, Jones Law Office, Mankato
See ‘Sealed Bid Information’ page in the back of this brochure for more details.Only registered bidders may attend. Must be registered prior to auction date.
Agent Contact: Chuck Wingert
Phone: 507.381.9790
Email: charles@wingertlandservices.com
DESCRIPTION:
E1/2 of SW1/4 North of RR, Section 7 T102N-R27W
(Blue Earth City Township, Faribault County, Minnesota)
TAX ID #:
020071200 (ID# for entire 72.28-acre parcel before building site split)
REAL ESTATE TAXES:
2024 Ag-Non Homestead Taxes = $1,253.00
Special Assessments = $0.00
FSA INFORMATION:
Total Deeded Acres = 29.86± acres
FSA Tillable Acres = 27.74± acres
Corn Base Acres = 16.11± acres
Corn Yield = 174± bushels
Soybean Base Acres = 11.64± acres
Soybean Yield = 50± bushels
*If farm is sold as two parcels, FSA will recalculate bases after sale.
2024 LEASE INFORMATION:
Purchaser to have possession for 2025 crop year.
SOIL DESCRIPTION:
Shorewood Silty Clay Loam, Minnetonka Silty Clay Loam
CPI:
87.7
TOPOGRAPHY:
Level to Rolling
DRAINAGE:
Random laterals drain into an 8″ concrete tile in northeast corner that drains east. Potential outlet in southeast corner, but is not verified. See Tile Map.
NRCS CLASSIFICATION:
PC/NW – Prior Converted/No Wetlands
NHEL – No Highly Erodible Lands
Soils Map
Aerial Photos
DESCRIPTION:
NW1/4 of SE1/4 exc TR BEG CEN RD where it INTER CEN line B.E.
N290′ S50′ SELY $ EXC .88A TR, and exc. 4.61 building site tract, Section 7, T102N-R27W
(Blue Earth City Township, Faribault County, Minnesota)
TAX ID #:
020071200 (ID# for entire 72.28-acre parcel before building site split)
210070010 – 20.44 acres
REAL ESTATE TAXES:
Est 2024 Non-Homestead Taxes for 020071200 = $1,756.00
Est 2024 Non-Homestead Taxes for 210070010 = $1,074.00
Special Assessments = $0.00
FSA INFORMATION:
Total Deeded Acres = 57.58± acres
FSA Tillable Acres = 34.4± acres
CRP = 10.52± acres
Meadow = 2.4± acres
Corn Base Acres = 21.36± acres
Corn Yield = 174± bushels
Soybean Base Acres = 15.43± acres
Soybean Yield = 50± bushels
*If farm is sold as two parcels, FSA will recalculate bases after sale.
2024 LEASE INFORMATION:
Purchaser to have possession for 2025 crop year.
SOIL DESCRIPTION:
Shorewood Silty Clay Loam, Minnetonka Silty Clay Loam
CRP Soils: Kamrar Clay Loam, Coland Clay Loam
CPI:
87.7
TOPOGRAPHY:
Level to Rolling
DRAINAGE:
8″ concrete main north side of property with random laterals.
River outlet south side of property.
See Tile Map.
NRCS CLASSIFICATION:
PC/NW – Prior Converted/No Wetlands
NHEL – No Highly Erodible Lands
CRP acres have a wetland designation
CRP ACERS:
10.52 acres are enrolled in the Conservation Reserve Program (CRP).
Two contracts:
#1: 9.93 acres, $312.37/acre, $3,102 annual payment. Expires 9.30.2025
#2: 0.59 acres, $300/acre, $177.00 annual payment. Expires 9.30.2027
Soils Map
Aerial Photos
SEALED BID LOCATION AND TIME:
Winnebago Municipal Center
140 S Main Street
Winnebago, MN 56098
Wednesday, December 18, 2024 @ 10:00 a.m.
SEALED BID INSTRUCTIONS:
1.) Only registered bidders may attend. Must be registered prior to the auction date.
All potential buyers shall deliver or mail a sealed bid, postmarked by Saturday, December 14, 2024 to:
Wingert Land Services
1160 S. Victory Drive, Ste. 6
Mankato, MN 56001
2.) The written bid shall state the total price for total deeded acres.
3.) All persons submitting a written bid will be allowed to raise their bid after all bids have been opened.
4.) The premise described herein will be sold “as is, where is”.
5.) The seller will receive all 2024 cash rent and CRP income and will pay all 2024 real estate taxes and special assessments. The buyer shall receive all the 2025 cash rent and CRP Income and pay all real estate taxes and special assessments for 2025 and beyond. Buyer of tract #1 will have possession after 2024 crops are removed.
6.) The successful bidder or bidders will enter into a Purchase Agreement and shall pay as
earnest money 10% of the successful bid on the day of auction.
7.) A 2% Buyer Premium will be added to the final bid price to arrive at a final contract price.
8.) The entire balance of the purchase price, without interest, will be due and payable on or before Tuesday, January 21, 2025 at which time marketable title shall be conveyed.
9.) The Seller(s) reserves the right to reject any and all bids and to waive any irregularities in the bidding.
10.) Announcements made the day of the auction take precedence over written material.
11.) Information provided within this brochure is from sources deemed reliable but Wingert Land Services, Inc. makes no guarantee as to its accuracy.
FOR ADDITIONAL INFORMATION CONTACT:
Chuck Wingert
ALC, AUCTIONEER #07-53
charles@wingertlandservices.com
507.381.9790