23313 Ideal Ave, Silver Lake, MN 55581 - McLeod County

MCLEOD COUNTY, MN CENTURY FARM LAND AUCTION

Auction Location: On site 23313 Ideal Ave Silver Lake, MN 55581

Land Located: From the Jct of Hwy 7 & Co. Rd. 2 in Silver Lake north 4 miles, east on Co Rd. 5 1 mile, south on Ideal Ave. 1/2 mile. Land located on west side of road.

FRIDAY, DECEMBER 2, 2016 SALE TIME: 10:00AM

AUCTIONEERS NOTE: 190+/- acres of productive McLeod County, MN farmland. This land has been in the family for over 125 years and will be offered for sale at public auction in 4 tracts. There are approximately 140+/- drain tiled tillable acres in addition to a building site.

McLeod County, MN- Hale TWP Section 9

Tract 1:

Description: N1/2 SE1/4 less 10.13AC farmstead 9-117-28

Deeded Acres: 69.87+/-

Cropland Acres: 50+/-

Soil Productivity Index: 87

Tract Note: 70 acres less farmstead with predominately Harps clay loam & Lester loam soils.

Tract 2:

Description: S1/2 SE1/4 less 10.05AC building site 9-117-28

Deeded Acres: 69.95+/-

Cropland Acres: 60+/-

Grassland Acres: 9+/-

Soil Productivity Index: 88

Tract Note: 70 acre tract less building site with Lester-Storden complex & Lester loam soils.

Tract 3:

Description: SW1/4 NE1/4 9-117-28

Deeded Acres: 40+/-

Cropland Acres: 28+/-

Grassland/Wooded Acres:12+/-

Soil Productivity Index: 86

Tract Note: North 40 acre tract with mostly cropland and a 3 acre grove of trees on the west end. Harps clay loam & Lester-Le Sueur/Storden complex soils.

Tract 4:

Description: Tract B as defined by survey 9-117-28

Surveyed Acres: 10.05+/-

Cropland Acres: 2.37+/-

40 x 75 Pole Shed

32 x 66 Barn

(1) Building Entitlement

Tract Note: Well protected building site with pole shed, barn, and small amount of tillable acres. Suitable site for a hobby farm or future machinery/grain storage expansion.

TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 30 days. This is a 5% buyers premium auction.

For a detailed Buyers Prospectus with complete terms and conditions,

contact Eric Gabrielson at Steffes Group

Ervin Nowak, Owner

Auctioneers & Clerk: Steffes Group Inc., 24400 MN Hwy 22 South, Litchfield, MN 55355 Ashley Huhn MN47-002, Eric Gabrielson MN47-006, Randy Kath MN47-007, Scott Steffes MN14-51