160.00± ACRES
Johannsen Farm
New Richland Township, Waseca County, Minnesota
Farm Auction
Friday, July 31, 2026 @ 11:00 A.M.
Location:
New Richland City Hall
203 Broadway Avenue N, New Richland, MN 56072
- 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:
SE 1/4 Sec31-T105N-R22W
TAX ID #:
070310200
REAL ESTATE TAXES:
Estimated Ag Non-Homestead Taxes - $10,771.74
Special Assessment - $26.26
Total Estimated Tax & Specials - $10,798.00
FSA INFORMATION:
Total Acres - 160.00± acres
FSA Tillable Acres - 143.40± acres
Corn Base Acres - 70.79± acres
Corn PLC Yield - 123.00± bushels
Soybean Base Acres - 70.79± acres
Soybean PLC Yield - 34.00± bushels
RENT/LEASE INFORMATION:
Leased for the 2026 crop year. Farm is available to farm or lease in 2027. Lease provides rent for tillable acres and additional payment for use of building site, grain bins, and storage buildings. Contact Geoff Mead for more information.
SOIL DESCRIPTION:
Webster clay loam, Canisteo-Glencoe complex, Nicollet clay loam, Clarion loam. See Soil Maps.
CROP PRODUCTIVITY INDEX (CPI):
93.6 CPI
TOPOGRAPHY:
Level to gently rolling.
DRAINAGE:
Private mains and laterals with outlet to Bolt Creek. See tile map and contact Geoff Mead for further documentation.
CRP:
8.7 Acres, Annual Payment: $1,688 or $194/ac. Contract Expiration: 9/30/2029
NRCS CLASSIFICATION ON TILLABLE ACRES:
PC/NW - Prior Converted/No Wetland,
HEL - Highly Erodible Lands,
NHEL - No Highly Erodible Lands
Wetland determinations not complete.
WELL & SEPTIC:
Minnesota Unique Well ID: 422699
OTHER:
This property is subject to a drainage agreement for a 14" tile main connected to the neighboring parcels to the east. Please contact Geoff Mead for more information.
Click to view larger image.
| Auction Format This auction will be offered as one parcel (160.00± 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:
Thursday, July 30, 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:
Friday, July 31, 2026 at 11:00 a.m.
Auction Location:
New Richland City Hall
203 Broadway Avenue N
New Richland, MN 56072
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.
- 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 Tuesday, September 15, 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.