75.00± ACRES
Barnick Family Farm
Walnut Lake Township, Faribault County, Minnesota
Farm Auction
Wednesday, July 29, 2026 @ 11:00 A.M.
Location:
Wells Community Center
189 2nd St SE, Wells, MN 56097
- Agent Name:
- Geoff Mead
- Agent Phone:
- 507.317.6266
- Agent Email:
- geoff@wingertlandservices.com
Geoff Mead
Broker, Accredited Land Consultant
Auctioneer #83-50
geoff@wingertlandservices.com
507.317.6266
DESCRIPTION:
W 1/2 NW 1/4 Excluding 5 acre building site.
TAX ID #: 190220400
REAL ESTATE TAXES: Estimated Ag Non-Homestead Taxes - $3,778.00 Special Assessment - $0.00 Total Estimated Tax & Specials - $3,778.00
FSA INFORMATION: Total Acres - 75.00± acres FSA Tillable Acres - 70.66± acres Corn Base Acres - 24.50± acres Corn PLC Yield - 145.00± bushels Soybean Base Acres - 11.50± acres Soybean PLC Yield - 53.00± bushels
RENT/LEASE INFORMATION: Leased for 2026 crop year. Farm is available to farm or lease in 2027.
SOIL DESCRIPTION: Canisteo-Glencoe complex, Webster clay loam, Nicollet clay loam, Clarion loam. See Soil Maps.
CROP PRODUCTIVITY INDEX (CPI): 93.5 CPI
TOPOGRAPHY: Level to gently rolling.
DRAINAGE: Private mains and laterals with outlet to CD-20.
CRP: N/A
NRCS CLASSIFICATION ON TILLABLE ACRES: NHEL - No Highly Erodible Lands PC/NW - Prior Converted/No Wetland Tract contains a wetland or farmed wetland.
OTHER: Lease payment and taxes and assessments to be prorated to the date of closing.
TAX ID #: 190220400
REAL ESTATE TAXES: Estimated Ag Non-Homestead Taxes - $3,778.00 Special Assessment - $0.00 Total Estimated Tax & Specials - $3,778.00
FSA INFORMATION: Total Acres - 75.00± acres FSA Tillable Acres - 70.66± acres Corn Base Acres - 24.50± acres Corn PLC Yield - 145.00± bushels Soybean Base Acres - 11.50± acres Soybean PLC Yield - 53.00± bushels
RENT/LEASE INFORMATION: Leased for 2026 crop year. Farm is available to farm or lease in 2027.
SOIL DESCRIPTION: Canisteo-Glencoe complex, Webster clay loam, Nicollet clay loam, Clarion loam. See Soil Maps.
CROP PRODUCTIVITY INDEX (CPI): 93.5 CPI
TOPOGRAPHY: Level to gently rolling.
DRAINAGE: Private mains and laterals with outlet to CD-20.
CRP: N/A
NRCS CLASSIFICATION ON TILLABLE ACRES: NHEL - No Highly Erodible Lands PC/NW - Prior Converted/No Wetland Tract contains a wetland or farmed wetland.
OTHER: Lease payment and taxes and assessments to be prorated to the date of closing.
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| Auction Format This auction will be offered as one parcel (75.00± acres). |
Register & Submit Your Opening Bid
- Only registered bidders may attend and participate in the auction.
- Your opening bid must be stated as a price per deeded acre and must be rounded to the nearest $100.
Registration Deadline:
Tuesday, July 28, 2026 at 12:00 p.m.
To register, complete the online form and submit your opening bid at the following link:
REGISTER HERE
Auction Day
- All submitted opening bids will be acknowledged at the start of the auction.
- Registered bidders will then have the opportunity to raise their bid through a live, in-person competitive auction format.
Date and Time:
Wednesday, July 29, 2026 @ 11:00 a.m.
Auction Location:
Wells Community Center
189 2nd St SE
Wells, MN 56097
If You Are the Successful Bidder
- The successful bidder will sign a Purchase Agreement on the day of the auction and pay 10% earnest money at that time.
- The purchase agreement is subject to approval by a judge in a Minnesota Court of Law. Closing date will also be subject to court approval but is expected to be in line with the communicated date of September 10, 2026.
- A 2% Buyer Premium will be added to the final bid price to arrive at a final contract price.
- Lease income and taxes to be prorated to date of closing.
- The remaining balance of the purchase price, without interest, will be due on or before Thursday, September 10, 2026, at which time marketable title shall be conveyed.
Key Terms
- The property will be sold “as is, where is.”
- Buyer and Seller shall prorate 2026 real estate taxes, special assessments, and lease income to the date of closing.
- Buyer will be responsible for real estate taxes due and payable in 2027 and thereafter, along with any unpaid special assessments due with those taxes and thereafter.
- The seller reserves the right to reject any and all bids and to waive any irregularities in the bidding.
- Announcements made on the day of the auction take precedence over all written materials.
- Information in the brochure is from sources deemed reliable but Wingert Land Services makes no guarantee to its accuracy.