148.44± ACRES

Margaret Nagel Farm

Barber Township, Faribault County, Minnesota

Thursday, July 30, 2026 @ 11:00 A.M.

Location:

Blu Bair

100 S Main St, Delavan, MN 56023

Agent Name:
Steve Kibble
Agent Phone:
507.327.8411
Agent Email:
steve@wingertlandservices.com
Agent Name:
Logan O’Rourke
Agent Phone:
507.995.2884
Agent Email:
logan@wingertlandservices.com
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Steven Kibble

Steven Kibble

Land Specialist

Logan O’Rourke

Logan O’Rourke

Land Specialist

DESCRIPTION:
NW 1/4 Barber, Sec17-T103N-R26W. Survey legal to govern. See exhibit A.


TAX ID #:
010170500


REAL ESTATE TAXES:
Estimated Ag Non-Homestead Taxes - $8,844.00
Special Assessment - $2,632.82
Total Estimated Tax & Specials - $11,476.82

Payoff of special assessments are $17,577.19.


FSA INFORMATION:
Total Acres - 148.44± acres
FSA Tillable Acres - 144.68± acres**
Corn Base Acres - 76.10± acres
Corn PLC Yield - 138.00± bushels
Soybean Base Acres - 72.00± acres
Soybean PLC Yield - 35.00± bushels

**Tillable acres is pulled from the survey. The FSA data is before property split.


RENT/LEASE INFORMATION:
Currently rented for the remainder of the 2026 growing season. New owner will take possession after 2026 crop is removed.


SOIL DESCRIPTION:
Nicollet clay loam, Webster clay loam, Clarion loam. See Soil Maps.


CROP PRODUCTIVITY INDEX (CPI):
95.6 CPI


TOPOGRAPHY:
Flat to rolling.


DRAINAGE:
Minimum existing tile. There is a 8" and 6" county main outlet that comes into the farm on the west.


CRP:
N/A


NRCS CLASSIFICATION ON TILLABLE ACRES:
NHEL - No Highly Erodible Lands


OTHER:
The property has been in family since 1936 (90 years).

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Auction Format
This auction will be offered as one parcel (148.44± 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:
Wednesday, July 29, 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:
Thursday, July 30, 2026 at 11:00 a.m.

Auction Location:
Blu Bair
100 S Main St
Delavan, MN 56023


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 8th, 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.