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Listing #16772
Pipestone County, MN
Overview
- 3Tracts
- 314.5Total acres M/L
- $7,506Net taxes
Pipestone County, Minnesota Land Auction – Mark your calendar for Friday, June 23rd, 2023! Peoples Company is pleased to offer one of those rare occasions where farmland that has been owned by the Appel Family for many years will be made available and sold via public auction. The auction will consist of 314.50 surveyed acres to be sold in three separate tracts on Friday, June 23rd, 2023, at the Pipestone Country Club in Pipestone, Minnesota.
Tract 1 consists of 109.60 surveyed acres with 46.89 FSA cropland acres carrying a PI rating of 68.7. The balance of the farm consists of 50 acres m/l of pasture with fencing in place.
Tract 2 consists of 124.42 surveyed acres with 116.55 FSA cropland acres carrying a PI rating of 85.8. Of the 116.55 FSA cropland acres m/l, 13.97 acres are enrolled in CRP expiring in 2037 with an annual payment of $3,680 ($263.40 Per Acre).
Tract 3 consists of 80.48 surveyed acres with 76.18 FSA cropland acres carrying a PI rating of 89.9.
These tracts would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farms are leased for the 2023 crop year, but farming rights will be open for the 2024 growing season. The tracts are located northeast of Pipestone, Minnesota in Section 33 of Rock Township.
The three tracts will be offered via Public Auction and will take place at 10:00 AM at the Pipestone Country Club, 1003 8th Avenue SE, Pipestone, MN 56164. The farmland tracts will be sold as three individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all three tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
*Farm program information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Pipestone County FSA and NRCS offices.
Land
- Zoning
- Ag
- Net Taxes
- 7506
- Parcel(s)
- 10.033.0250, 10.033.0300
- School district
- Pipestone Area School District
Location
- Address:
- Rock Township, Pipestone, MN 56164
- Directions:
From Pipestone, Minnesota: Travel northeast out of town on State Highway 23 for 3.5 miles until reaching 131st Street. Turn right (east) on 131st Street for 6 miles and the tracts will be located on the south side of the road marked with Peoples Company signs.
From Woodstock, Minnesota: Travel north out of town on 180th Avenue for 1.5 miles until reaching 131st Street. Turn left (west) on 131st Street for 1.5 miles and the tracts will be located on the south side of the road marked with Peoples Company signs.
Tracts
Tract 1 · 109.60 Acres M/L
Description
Tract 1 consists of 109.60 surveyed acres with 46.89 FSA cropland acres carrying a PI rating of 68.7. Farmland acres are designated as NHEL (Non-Highly Erodible Land) with primary soil types including Estelline Silt Loam and Renshaw-Fordville Loam. The balance of the farm consists of 50 acres m/l of pasture with fencing in place.
The farm is leased for the 2023 crop year, but farming rights will be open for the 2024 growing season. The winning bidder will receive credit at closing for the second half cash rent payment in the amount of $5,514. The property is located northeast of Pipestone in Section 33 of Rock Township, Pipestone County, Minnesota.
*There is a wind turbine on Tract 1, contact Agent for details.
*Farm program information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Pipestone County FSA and NRCS offices.
Legal Description
109.60 surveyed acres in the Northwest Quarter in section 33, Township 107 North, Range 44 West, Pipestone County, Minnesota. Exact legal description will come from Title Commitment.
Directions
From Pipestone, Minnesota: Travel northeast out of town on State Highway 23 for 3.5 miles until reaching 131st Street. Turn right (east) on 131st Street for 6 miles and Tract 1 will be located on the south side of the road marked with a Peoples Company sign.
From Woodstock, Minnesota: Travel north out of town on 180th Avenue for 1.5 miles until reaching 131st Street. Turn left (west) on 131st Street for 2 miles and Tract 1 will be located on the south side of the road marked with a Peoples Company sign.
- Total acres
- 109.60
- Avg. soil rating
- 68.7 (PI)
- Net taxes
- 1936.00
- Parcel Number(s)
- Part of 10.033.0250
Tract 2 · 124.42 Acres M/L
Description
Tract 2 consists of 124.42 surveyed acres with 116.55 FSA cropland acres carrying a PI rating of 85.7. Of the 116.55 FSA cropland acres that are designated as NHEL (Non-Highly Erodible Land), 102.58 are currently tillable with primary soil types including Kranzburg-Brookings Silty Clay Loams and Vienna Silty Clay Loam. The balance of the acres includes 13.97 acres enrolled in CRP (Conservation Reserve Program) that are set to expire in 2037 with an annual payment of $3,680 ($263.40 Per Acre).
The farm is leased for the 2023 crop year, but farming rights will be open for the 2024 growing season. The winning bidder will receive credit at closing for the second half cash rent payment in the amount of $9,328. The property is located northeast of Pipestone in Section 33 of Rock Township, Pipestone County, Minnesota.
*Farm program information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Pipestone County FSA and NRCS offices.
Legal Description
124.42 surveyed acres in the Northeast Quarter in Section 33, Township 107 North, Range 44 West, Pipestone County, Minnesota. Exact legal description will come from Title Commitment.
Directions
From Pipestone, Minnesota: Travel northeast out of town on State Highway 23 for 3.5 miles until reaching 131st Street. Turn right (east) on 131st Street for 6 miles and Tract 2 will be located on the south side of the road marked with a Peoples Company sign.
From Woodstock, Minnesota: Travel north out of town on 180th Avenue for 1.5 miles until reaching 131st Street. Turn left (west) on 131st Street for 2 miles and Tract 2 will be located on the south side of the road marked with a Peoples Company sign.
- Total acres
- 124.42
- Avg. soil rating
- 85.7 (PI)
- Net taxes
- 3161.00
- Parcel Number(s)
- Part of 10.033.0250Part of 10.033.0300
Tract 3 · 80.48 Acres M/L
Description
Tract 3 consists of 80.48 surveyed acres with 76.18 FSA cropland acres carrying a PI rating of 89.9. Farmland acres are designated as NHEL (Non-Highly Erodible Land) with primary soil types including productive Vienna Silty Clay Loam and Brookings Silty Clay Loam.
The farm is leased for the 2023 crop year, but farming rights will be open for the 2024 growing season. The winning bidder will receive credit at closing for the second half cash rent payment in the amount of $6,928. The property is located northeast of Pipestone in Section 33 of Rock Township, Pipestone County, Minnesota.
*Farm program information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Pipestone County FSA and NRCS offices.
Legal Description
80.48 surveyed acres in the Northeast Quarter in Section 33, Township 107 North, Range 44 West, Pipestone County, Minnesota. Exact legal description will come from Title Commitment.
Directions
From Pipestone, Minnesota: Travel northeast out of town on State Highway 23 for 3.5 miles until reaching 131st Street. Turn right (east) on 131st Street for 6 miles and Tract 3 will be located on the south side of the road marked with a Peoples Company sign.
From Woodstock, Minnesota: Travel north out of town on 180th Avenue for 1.5 miles until reaching 131st Street. Turn left (west) on 131st Street for 1.5 miles and Tract 3 will be located on the south side of the road marked with a Peoples Company sign.
- Total acres
- 80.48
- Avg. soil rating
- 89.9 (PI)
- Net taxes
- 2409.00
- Parcel Number(s)
- Part of 10.033.0300
Video
Terms
- Possession
- At Closing, subject to Tenant's Rights
- Zoning
- Ag
Cash, Conventional
Remaining terms and conditions are supplied per listing by the CMS.
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