Toeterville, IA 50481 - Mitchell County

OWNERS: LIBERSKY FARMS INC.

AUCTION LOCATION

South Square

202 S Washington Street, St Ansgar, IA 50472

PROPERTY DESCRIPTION

This highly productive tract of land is located just South of the Iowa/Minnesota border near Stacyville Junction. This prime farmland lays along Highway 218. The farm will be offered as 2 tracts using the buyer's choice method.

The entire farm carries a strong CSR2 average of 80. This level farmland has been farmed as 1 large parcel with highly sought after mile long rows. There are great access points and very nice roads in and out of the farm and bordered on the west side by Highway 218 that leads to many nearby grain outlets including ethanol plants in many directions.

Farmers and investors alike would be proud to add this remarkable tract of highly sought after and productive farmland to their operations and portfolios. Very few large parcels remain intact in Otranto Township in this part of Mitchell County, IA.

Please contact LandProz Broker Brian Haugen at 507-208-0791 for more information on this property.

Tract 1

151.81 +/- Deeded Acres

148 +/- Tillable Acres [estimated]

Drain tile in place

CSR2 of 88

Access to many nearby grain outlets

Local Ethanol plants

Excellent long-term investment

Highly sought after large tillable tract

Great soil types

Corn Base acres are 214.07+/- with a PLC yield of 172

Soybean Base acres are 70.03 +/- with a PLC yield of 49

Real Estate taxes $7,900 [total for both tracts for 2022]

Tract 2

150.49 +/- Deeded Acres

146 +/- Tillable Acres [estimated]

Drain tile in place

CSR2 of 71.1

Bordered on the West by Highway 218

Access to many nearby grain outlets

Local Ethanol plants

Excellent long-term investment

Highly sought after large tillable tract

Great soil types

Corn Base acres are 214.07+/- with a PLC yield of 172

Soybean Base acres are 70.03 +/- with a PLC yield of 49

Real Estate taxes $7,900 [total for both tracts for 2022]

TERMS

$100,000 [non-refundable] down, on each tract, the day of the sale. Balance due at closing, on or before May 25, 2022. Farm is rented for the 2022 crop year for. New owner will receive rent at closing. Buyer to pay taxes in 2022. Possession after tenants fall crops are removed. There is no buyers premium. 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 the seller guarantee its accuracy.