115.78± ACRES
Mark Peterson Farm

Shelby Township, Blue Earth County, Minnesota

Sealed Bid Auction

Thursday, June 5, 2025 @ 11:00 a.m.

Snowbirds of Amboy
224 E Maine St., Amboy, MN 56010

Attorney: Daniel Lundquist

Agent Contact: Geoff Mead
Phone: 507.317.6266
Email: geoff@wingertlandservices.com

Geoff Mead

Geoff Mead

ALC, Licensed Broker

DESCRIPTION:
S1/2 S1/2 NE 1/4 & N 1/2 SE 1/4 Excluding Bldg Site.
(Shelby Township, Blue Earth County, Minnesota)


TAX ID #:
R49.22.26.400.009 and R49.22.26.200.005


REAL ESTATE TAXES:
2025 Ag Non-Homestead Taxes – $3520.80
Special Assessment – $287.20
Total Estimated Tax & Specials – $3808.00


FSA INFORMATION:
FSA Tillable Acres – 114.76± acres
Corn Base Acres – 59.88± acres
Corn PLC Yield – 177.00± bushels
Soybean Base Acres – 54.88± acres
Soybean PLC Yield – 48.00± bushels

Corn and Soybeans are enrolled in ARC County Program


LEASE/RENT INFORMATION:
Farm is leased for the 2025 crop year. For lease payment information, please contact Geoff Mead for more details.


SOIL DESCRIPTION:
Marna silty clay loam, Marna-Barbert complex, Guckeen silty clay loam, Barbert silt loam, Clarion loam, Minnetonka silty clay loam. See Soils Map.


CPI:
88.0 CPI


TOPOGRAPHY:
Level


DRAINAGE:
System tiled with private and public main outlets.


NRCS CLASSIFICATION ON TILLABLE ACRES:
PC/NW – Prior Converted/No Wetlands
NHEL – No Highly Erodible Lands



SEALED BID LOCATION AND TIME:

DATE: Thursday, June 5, 2025 @ 11:00 a.m.

  1. Only registered bidders may attend. Must be registered prior to the auction date. All potential buyers shall deliver or mail a sealed bid, to be delivered by 12:00 p.m., Wednesday, June 4, 2025 to:
    Wingert Land Services
    1160 S. Victory Drive, Ste. 6
    Mankato, MN 56001
  2. The written bid shall state the price per deeded acre to the nearest $100.
  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 and Buyer shall prorate, to the date of closing, the 2025 lease income, real estate taxes and special assessments certified for payment with the real estate taxes due and payable in 2025. Buyer shall pay real estate taxes due and payable in 2026 and thereafter, and any unpaid special assessments payable therewith and thereafter.
  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 Thursday, July 17, 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 makes no guarantee as to its accuracy.
Mark Peterson Farm
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ATTORNEY INFORMATION

LENDER INFORMATION