Reynolds, ND 58275 - Traill County

LAND AUCTION

320 +/- Acres Traill County, North Dakota

Wednesday, October 15, 2014 10:00 a.m.

Auction Location: Hilton Garden Inn Grand Forks, ND

Property Note: 320 acres to be sold in two parcels in Traill County west of Reynolds, ND. Property features 320 acres with 61.33 acres of great cropland and 201.9 acres of CRP. Cropland has great Soil Productivity Indexes with much of it in the 70s and 80s and is available for 2015 crop year. Owners have received gravel payments in the past. Opportunity for a farmer or Investor to expand their operation for future productive cropland.

Driving Directions: From Reynolds, ND go 6 miles west on Eagle Ave/CO. Rd 25, then go 1 mile south on 155th Ave NE. This will bring you to the northwest corner of the property.

Property Information:

Parcel 1:

Acres: 160 +/-

Legal: NW 12-148-52 (Morgan Township)

CRP: 118.9 acres

40.00 acres at $75.80/ac. - $3,032.00/yr. Expires: 9-30-2020

34.37 acres at $63.04/ac. - $2,166.70/yr. Expires: 9-30-2020

44.53 acres at $55.31/ac. - $2,462.96/yr. Expires: 9-30-2020

Taxes (2013): $739.00

Parcel features 160 with 118.9 acres of CRP and the remaining acres consist of trees and a gravel pit.

Parcel 2

Acres: 160 +/-

Legal: SW 12-148-52 (Morgan Township)

CRP: 83 acres

55.43 acres at $63.04/ac. - $3,494.31/yr. Expires: 9-30-2020

27.57 acres at $55.31/ac. - $1,524.90/yr. Expires: 9-30-2020

Taxes (2013): $949.57

Parcel features 160 with 61.33 acres of fantastic cropland with established yields, 83 acres of cropland, and old building site with mature trees. Cropland available for the 2015 crop year.

OWNER: Krogstad Family