67.0± ACRES
Edmund Staloch Revocable Trust
Freeborn Township, Freeborn County, Minnesota
Sealed Bid Auction
Friday, January 31, 2025 @ 10:00 a.m.
Wells Community Center
189 2nd St SE, Wells, MN 56097
Get Directions
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:
67± acres in E1/2 of SE1/4, Section 9 T104N-R23W
(Freeborn Township, Freeborn County, Minnesota)
TAX ID #:
200090011 (79.37 acre parcel – before split)
REAL ESTATE TAXES:
2024 Ag Non-Homestead Taxes = $3,688.60
Special Assessment (CD #43) = $396.80
Total Estimated Tax & Specials = $4,085.40
This parcel was split from a larger parcel. The Freeborn County Treasurer will recalculate the taxes after the sale.
FSA INFORMATION:
Tillable Acres – 60.87± acres
Corn Base Acres = 33.11± acres
Corn PLC Yield = 176± bushels
Soybean Base Acres = 27.75± acres
Soybean PLC Yield = 33.30± bushels
2024 LEASE INFORMATION:
Seller received 2024 rent income and paid all real estate taxes and special assessments due and payable for 2024. Buyer will have possession for the 2025 crop year.
SOIL DESCRIPTION:
Webster Clay Loam, Clarion Loam, Nicollet Clay Loam, Canisteo Clay Loam, Glencoe Clay Loam, Glencoe Clay Loam.
See Soil Map.
CPI:
91.2 CPI
TOPOGRAPHY:
Level to slightly rolling.
DRAINAGE:
Outlet: 18″ private main drains into private ditch which drains into County open ditch #43. Tile: Substantial system tiling. See Tile Map.
Note: There is a 10″ main that was installed exclusively to drain the Staloch farm in SW1/4 of Section 10. Buyer is not allowed to add additional tile into the 10″ main. An agreement will be drafted to maintain the existing waterway through property.
NRCS CLASSIFICATION ON TILLABLE ACRES:
PC/NW – Prior Converted/No Wetlands
NHEL – No Highly Erodible Lands
FERTILIZER:
The farm was fertilized for the 2024-2025 crop years. Buyer shall reimburse the former tenant $3,806.76 for applied fertilizer. Copies of the fertilization bills and application information will be furnished upon request.
Soils Map
SEALED BID LOCATION AND TIME:
Wells Community Center
189 2nd St SE
Wells, MN 56097
Friday, January 31, 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 Tuesday, January 28, 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 6, 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