Owatonna, MN 55060 - Steele County

OWNER: Bird

AUCTION LOCATION

Torey's Restaurant

208 N Cedar Avenue, Owatonna, MN

PROPERTY DESCRIPTION

LandProz is pleased to present the Bird Family Farm in Steele County, MN. This tillable farm will be offered to the public to bid their price via LandProz AuctionCast at our website on Tuesday February 21, 2023 at 10am [CST].

Online Bidding will open on Wednesday February 8, 2023 at 10am [CST].

Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 for more information regarding this property.

TRACT 1

193.98 +/- Deeded acres

CPI of 92.3

Real Estate taxes $7,570

Lots of tile scattered throughout the farm

Strong cash rent [$350/acre]

Great access

Not far from Owatonna, MN

Can be farmed very efficiently

TRACT 2

63.58 +/- Deeded acres

CPI of 90.6

Real Estate taxes $1,596

Lots of tile scattered throughout the farm

Strong cash rent [$350/acre]

Great access

Not far from Owatonna, MN

Can be farmed very efficiently

Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 for more information regarding this property.

TERMS

$100,000 [non-refundable] down on tract 1 the day of the auction. $50,000 [non-refundable] down on tract 2 the day of the auction. Balance is due at closing, on or about April 5, 2023. There will be a 2% buyer's premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy. Farm is rented out for the 2023 growing season.