1060 Highway 32 South, Thief River Falls, MN 56701 - Marshall County

AUCTION VENUE LOCATION:

Quality Inn, 1060 Highway 32 South, Thief River Ralls, MN 56701

09/06/2022 at 1:00 PM

This 140 acres in Marshall county has a lot of potential. With 137.8 being tillable by FSA records, it would be a great addition to any current farm operation. The location is great and the road access is excellent. The soils according to Agridata have a PI of 93.1 and an NCCPI average of 70.3. Don't miss out on this nice piece of tillable acreage to add to your farm. The current tenant pays $65/acre cash rent and has an EQIP contract with 2 years remaining of a honeybee multi-species planting for that land. The contract was for 2021-2023. This EQIP program does not have to transfer to a new owner.

Details: Deeded acres: 140

FSA Farmland Acres: 137.8

DCP Cropland Acres: 137.8

Soil Types: Roliss-Vallers loams, Kittson Loam, Roliss loam, Mavive fine sandy loam

Soil PI/NCCPI/CSR2: PI 93.1 NCCPI 70.3

Base acres and Yield: Wheat Base acres 79.52/PLC yield 37, Soybean Base acres 58.28/PLC yield 25

CRP Acres/payment: Currently in EQI program that can be terminated by new buyer

Taxes: $764.00

Lease Status: Current Tenant has contract thru 2023

Possession: Immediate possession subject to current tenants rights for 2021

Survey needed: No survey needed

Brief Legal: SE S17 T156 R44 Marshall Co, MN

PIDs: 30-0105-000

Lat/Lon: 48.3309 -96.3309

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

- Selling in one tract

- 137.8 acres tillable, CPI 93.1

- Great access

- 2 +/- miles to New Folden

- Currently in Pollinator Program

- Open tenancy for 2024

- Roliss-Vallers loams, Kittson loam, Roliss loam, Mavive fine sandy loam soils