Elsie and Arthur Rahn Trust

DESCRIPTION:
S20 Rods of NW1/4 and N40 Rods of SW1/4 Section 24, T105N-R34W and SW1/4 exc N1/2 of N1/2 of SW1/4 & exc S521' of N1412' of W496' Section 24, T105N-R34W (Mountain Lake Township, Cottonwood County)

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TAX ID #:
120240201 (60 acres)
120240301 (114.07 acres)

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REAL ESTATE TAXES:
2025 Ag Non-Homestead Taxes: 120240201 - $3,032.00
2025 Ag Non-Homestead Taxes: 120240301 - $5,768.00
Special Assessment - $0.00
Total Estimated Tax & Specials - $8,800.00

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FSA INFORMATION:
Total Acres - 174.07± acres
FSA Tillable Acres - 168.46± acres*
Corn Base Acres - 84.23± acres
Corn PLC Yield - 167.00± bushels
Soybean Base Acres - 84.23± acres
Soybean PLC Yield - 41.00± bushels

*After building site tillable reduction. 0.8 acre of existing tillable are within building site property. FSA will have to recalculate base acres after sale.

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LAND LEASE & WIND EASEMENT INFORMATION:
The Rahn trustees entered into a land lease and wind easement with Geronimo Wind Energy, LLC, in July of 2011. The 2025 payment was $20.00 per acre ($3,460). A copy of the land lease and wind easement, along with accompanying documents, will be furnished upon request.

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SOIL DESCRIPTION:
Nicollet clay loam, Webster clay loam, Glencoe clay loam, Canisteo clay loam, Clarion loam. See soil map.

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CROP PRODUCTIVITY INDEX (CPI):
92.6 CPI

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TOPOGRAPHY:
Level to slight roll.

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DRAINAGE:
Private outlet and mains. Substantial system tiling. See Tile map.

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CRP:
N/A

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

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OWNERSHIP:
The south 114-acre parcel has been in the Rahn family since January 1921.
The north 60-acre parcel has been in the Rahn Family since February 1964.

DESCRIPTION:
S1/2 of SE1/4 Section 23, T105N-R34W
(Mountain Lake Township, Cottonwood County)

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TAX ID #:
120230700

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REAL ESTATE TAXES:
2025 Ag Non-Homestead Taxes - $4,036.00
Special Assessment - $0.00
Total Estimated Tax & Specials - $4,036.00

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FSA INFORMATION:
Total Acres - 80.00± acres
FSA Tillable Acres - 78.38± acres
Corn Base Acres - 48.49± acres
Corn PLC Yield - 168.00± bushels
Soybean Base Acres - 29.09± acres
Soybean PLC Yield - 42.00± bushels

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LAND LEASE & WIND EASEMENT INFORMATION:
The Rahn trustees entered into a land lease and wind easement with Geronimo Wind Energy, LLC, in July of 2011. The 2025 payment was $20.00 per acre ($1,600). A copy of the land lease and wind easement, along with accompanying documents, will be furnished upon request.

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SOIL DESCRIPTION:
Nicollet clay loam, Clarion loam, Webster clay loam, Glencoe clay loam, Canisteo clay loam. See soil map.

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CROP PRODUCTIVITY INDEX (CPI):
94.1 CPI

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TOPOGRAPHY:
Level to slight roll.

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DRAINAGE:
Private outlet and mains. Random laterals and some system tiling. See Tile map.

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CRP:
N/A

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

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OWNERSHIP:
The 80-acre parcel has been in the Rahn family since January 1956.

DESCRIPTION:
N1/2 of NE1/4 Section 35, T105N-R34W
(Mountain Lake Township, Cottonwood County)

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TAX ID #:
120350100

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REAL ESTATE TAXES:
2025 Ag Non-Homestead Taxes - $3,828.00
Special Assessment - $0.00
Total Estimated Tax & Specials - $3,828.00

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FSA INFORMATION:
Total Acres - 80.00± acres
FSA Tillable Acres - 78.42± acres
Corn Base Acres - 48.51± acres
Corn PLC Yield - 168.00± bushels
Soybean Base Acres - 29.11± acres
Soybean PLC Yield - 42.00± bushels

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LAND LEASE & WIND EASEMENT INFORMATION:
The Rahn trustees entered into a land lease and wind easement with Geronimo Wind Energy, LLC, in July of 2011. The 2025 payment was $20.00 per acre ($1,600). A copy of the land lease and wind easement, along with accompanying documents, will be furnished upon request.

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SOIL DESCRIPTION:
Nicollet clay loam, Clarion-Swanlake complex, Clarion loam, Webster clay loam, Canisteo-Glencoe complex, Delft, Calrion-Storden complex. See soil map.

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CROP PRODUCTIVITY INDEX (CPI):
94.1 CPI

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TOPOGRAPHY:
Level to slight roll.

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DRAINAGE:
Judicial Ditch 85A (12") and two private outlets (8" and 6"). Random laterals and some system tiling. See Tile map.

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CRP:
N/A

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

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OWNERSHIP:
The 80-acre parcel has been in the Rahn family since February 1982.

AUCTION LOCATION AND TIME:

Mountain Lake Community Center
1027 Second Avenue
Mountain Lake, MN 56159

Friday, November 21, 2025 @ 2:30 p.m.

BID INSTRUCTIONS:

1. Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall complete the online registration form. All potential buyers shall complete registration by 12:00 p.m., Thursday, November 20, 2025. If online registration is not possible, please mail or deliver a sealed bid to be received no later than 12:00 p.m., Thursday, November 20, 2025 to:
   

   Wingert Land Services
   1160 S. Victory Drive, Ste. 6
   Mankato, MN 56001

2. The bid shall state the price per deeded acre to the nearest $100.
3. This auction will be conducted as a “Choice” auction in which bidding is based on price per deeded acre (not on individual parcels). All persons submitting a bid will be allowed to raise their bid after the auction commences. The person with the highest bid will have first choice of which parcel(s) they choose to purchase. If there are remaining parcels that were not selected, the bidding will begin again in an additional round of which the person with the highest bid will have first choice of remaining parcels. This process continues until there are no remaining parcels.
4. The premise described herein will be sold “as is, where is”
5. Seller shall retain all 2025 lease income and shall pay all real estate taxes and special assessments certified for payment with the real estate taxes due and payable in 2025. Buyer shall be responsible for 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 Wednesday, January 7, 2026 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.

BID SUBMITTING INSTRUCTIONS:

1. Please complete online bid registration here.
2. If online bid registration is not possible, please complete the written bid form found in the brochure.
3. Your bid must indicate the price per deeded acre, rounded to the nearest $100.
4. Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall complete either online registration or submit a written sealed bid, which must be received no later than 12:00 p.m., Thursday, November 20, 2025, to:
   
   Wingert Land Services
   Attn: Chuck Wingert
   1160 S. Victory Drive, Ste. 6
   Mankato, MN 56001
   Cell: 507.381.9790
   Email: charles@wingertlandservices.com