80.0± ACRES
K & L Farms
Delavan Township, Faribault County, Minnesota
Sealed Bid Auction
Thursday, February 20, 2025 @ 10:00 a.m.
Blu Bair Conference Room
100 S Main St, Delavan, MN 56023
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:
80± acres in E1/2 of NE1/4, Section 25, T104N-R27W
(Delavan Township, Faribault County, Minnesota)
TAX ID #:
050250100
REAL ESTATE TAXES:
2024 Ag Non-Homestead Taxes – $3,470.18
Special Assessment (CD #43) – $1,049.82
Total Estimated Tax & Specials – $4,520.00
FSA INFORMATION:
FSA Tillable Acres (includes 0.87 CRP filter strip) – 73.82± acres
Corn Base Acres – 37.70± acres
Corn PLC Yield – 173.00± bushels
Soybean Base Acres – 35.25± acres
Soybean PLC Yield – 49.00± bushels
Corn and Soybeans are enrolled in ARC County Program
SOIL DESCRIPTION:
Waldorf Silty Clay Loam, Guckeen Silty Clay Loam, Collinwood Silty Clay Loam, Okoboji Silty Clay Loam.
See Soils Map.
CPI:
85.9 CPI
TOPOGRAPHY:
Level to slightly rolling.
DRAINAGE:
Outlet: County Open Ditch # 9
Tile: Farm was system tiled June 2003
NRCS CLASSIFICATION ON TILLABLE ACRES:
PC/NW – Prior Converted/No Wetlands
NHEL – No Highly Erodible Lands
CRP INFORMATION:
0.85 acres of open ditch bank are enrolled in the Conservation Program at $286/acre. Annual payment is $249.00. Contract runs until 9-30-2028.
Soils Map
SEALED BID LOCATION AND TIME:
Blu Bair Conference Room
100 S Main St
Delavan, MN 56023
Thursday, February 20, 2025 @ 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 Monday, February 17, 2025 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.) Seller shall receive the 2024 lease income and pay all real estate taxes and special assessments due and payable in 2024. Buyer will have possession for the 2025 year and will pay all real estate taxes and special assessments due and payable for 2025 and beyond.
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 Thursday, March 27, 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 #07-24-12
charles@wingertlandservices.com
507.381.9790