Blooming Prairie, MN 55917 - Steele County

OWNERS: BENSON FAMILY FARM

AUCTION LOCATION

BLOOMING PRAIRIE SERVICEMEN'S CLUB

210 4th Street NE, Blooming Prairie MN 55917

PROPERTY DESCRIPTION

A very rare chance to own a multi-generational family farm. 2 nearly perfect parcels located just west of Blooming Prairie on State Highway 30; approximately 2 miles. The farm will be offered to the public at auction on Friday, November 19, 2021 at 10:00 AM at the Blooming Prairie Servicemens Club.

The Benson family farm is a high end farm in a premiere location. This farm would be a great investment with the many qualified operators looking for land of this quality or an excellent add on to an existing operation. Farms of this caliber are hard to find. Don't miss your chance on this great farm.

Tract 1

Tract 1 lays on the north side of Highway 30. It consists of 75.18 +/-deeded acres with cropland acres according to the FSA at 73.82 +/-. Tract 1 has an amazing CPI of 94.4 with nearly 50% of the farm at a 98 CPI with Moland Silt Loams and has drain tile in place.

75.19 +/- Deeded Acres

73.82 +/- Tillable Acres

CPI of 94.4

Drain tile in place

Good drain outlets

Near many grain outlets

Strong rental rates in the area

Close to town

Large access drives off the Highway

Real Estate Taxes $4,248

Tract 2

Tract 2 lays just south of Highway 30. Tract 2 consists of 80 +/- deeded acres with cropland acres of 77.23 +/- according to the FSA. The soils on the farm have an average CPI of 80 with nearly 50% averaging in the high 80's. There is a drainage ditch that allows for excellent outlet that runs east to west through the farm. Tract 2 also has drain tile in place.

80 +/- Deeded Acres

77.23 +/- Tillable Acres

CPI of 79.6

Drain tile in place

Good drain outlets

Near many grain outlets

Strong rental rates in the area

Close to town

Large access drives off the Highway

Real Estate Taxes $3,592

Please contact LandProz broker Brian Haugen 507-208-0791 for more information.

TERMS

$50,000 [non-refundable] down on each tract, the day of the sale. Balance due at closing, on or around, December 30, 2021. The farm is open to farm for the 2022 crop year. There will be a 2% buyer's premium added to the purchase price. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy.