40 +/- Acre, Single-Parcel Farm Auction
Blue Earth County

DESCRIPTION:
NE1/4 NE1/4 Section 27, T106N-R25W
(Medo Township, Blue Earth County, Minnesota)

TAX ID #:
R46.20.27.200.001

REAL ESTATE TAXES:
2024 Ag-Non Homestead Taxes = $2,022.50
Special Assessments = $233.50
Total Estimated Tax & Specials = $2,356.00

FSA INFORMATION:
Total Deeded acres: = 40 +/- acres
FSA Tillable (Includes CRP Acres) = 38.14 +/- acres
Corn Base Acres = 18.50 +/- acres
Corn yield = 129 +/- bushels
Soybean base acres = 18.80 +/- acres
Soybean yield = 38 +/- bushels
Corn & Soybeans are ARC County

SOIL DESCRIPTION:
Marna Silty Clay Laom, Minnetonka Silty Clay Loam, Barbert Silt Loam, Lura Silty Clay Loam. See Soil Map.

CPI:
82.9

TOPOGRAPHY:
Level

DRAINAGE:
Outlet: Private 8″ outlet. See Tile Map.

Soils Map

FSA Aerial Map

Aerial Photos

NE looking SW

NW looking SE

SE Looking NW

SW looking NE

Sealed Bid Auction Instructions
Sealed Bid Location and Time:
Pioneer Bank (2nd Floor)
1450 Adams Street
Mankato, MN 56001
Tuesday December 3, 2024 @11 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, by Monday, December 2, 2024 to:
   Wingert Land Services
   1160 S. Victory Drive, Suite 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 will pay all real estate taxes and special assessments due and payable in 2024. The buyer shall take possession upon closing and pay all real estate taxes and special assessments due and payable in 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 3% Buyer Premium will be added to the final bid price to arrive at a final contract price. The Buyer’s Premium is due upon closing.
8. The entire balance of the purchase price, without interest, will be due and payable on or before January 14th, 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.