This tract is located approx. 5 miles SW of Cokato in section 30 of Stockholm Township. It is bordered by Reardon Ave SW on its eastern boundary. It consists of two existing parcels of 9.27 acres and 62.68 acres to make up it’s 71.95+/- total acres. There is approx. 68.15+/- tillable acres that have an average soil productivity index of 89.3. Existing tile / tile intakes are in place. There will be a tile drainage and maintenance agreement associated with Tract 2 to the east as the outlet for both is on this tract. Per Stockholm Township, there are 2 building eligibilities associated with this tract.

Details:

Tract #: Tract 1

Deeded Acres: 71.95

FSA Farmland Acres: 68.15+/-

Soil Types: Redslake-LeSueur Complex, Hamel-Glencoe complex, Houghton Muck

Soil PI/NCCPI/CSR2: 89.3 CPI

Taxes: $1,162 (Ag HSTD. Told by county taxes double in Non-HSTD)

Lease Status: Leased for 2023

Possession: Immediate possession

Survey needed?: No survey needed Existing parcels of record

Brief Legal: Part of NE S30 T118N R28W

PIDs: 218000301400 and 218000301102

Lat/Lon: 45.0028 ,-94.2413

Zip Code: 55312

Tract 2 Description (65.14+/- Acres):

This tract is located approx. 5 miles SW of Cokato in section 29 of Stockholm Township. It is bordered by Reardon Ave SW on the west and Co Rd 1 / Quist Ave on the east. It consists of approx. 65.14 total acres with 61.92+/- tillable acres that have an average soil productivity index of 93.4. Existing tile/tile intakes are in place. There will be a tile drainage and maintenance agreement associated with Tract 1 to the west as tile from this tract runs onto Tract 1 and ultimately outlets to the west. Per Stockholm Township, there is 1 building eligibility associated with this tract.

Details:

Tract #: Tract 2

Deeded Acres: 65.14

FSA Farmland Acres: 61.92+/-

Soil Types: Canisteo-Glencoe complex, Reedslake-Le Seuer Comples, Le Sueur loam

Soil PI/NCCPI/CSR2: 93.4 CPI

Taxes: TBD

Lease Status: Leased for 2023

Possession: Immediate possession

Survey needed?: No survey needed Remainder description in place with previously sold portion of the original 79.05 acre parcel

Brief Legal: Part of SW S29 T118N R28W

PIDs: TBD by county

Lat/Lon: 44.999, -94.2312

Zip Code: 55312

Tract 3 Description (96.21 +/- Surveyed Acres):

This tract is located approx. 3 miles SE of Cokato in Section 14 of Stockholm Township. It is bordered by Norling Ave to the east and 85th St. to the S. It will consist of 3 total adjacent parcels making up approximately 96.0 total acres and 93.33+/- tillable acres. The average soil productivity index is at 88.9. Existing tile and tile inlet on property. The assumed outlet for the tile is to the NE. There will be a tile drainage and maintenance agreement associated with this so the outlet may be maintained. Per Stockholm Township, there are 2 building eligibilities associated with this tract.

Details:

Tract #: Tract 3

Deeded Acres: 96.21 +/- Acres

FSA Farmland Acres: 93.33+/-

Soil Types: Canisteo clay loam, Reedslake-LeSueur Complex, Cokato Storden Complex

Soil PI/NCCPI/CSR2: 88.9 CPI

Taxes: TBD

Lease Status: Leased for 2023

Possession: Immediate possession

Survey needed?: No

Brief Legal: Part of NE S14 T118N R28W

PIDs: 218000141200, 218000141400 and part of existing 218000141402

Lat/Lon: 45.0313, -94.1612

Zip Code: 55312

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- Great multi-tract auction

- Approx. 90 overall average soil productivities

- 94% to 97% tillable tracts

- Existing tile / intakes in place on all tracts

- Easy access to all tracts from public roads

- Building eligibilities associated with all tracts

- All tracts located just south of Cokato

- Green acres tax deferment transfer possible