Land & Farm Site Auction
Tuesday, June 30th ~ 10:00 am
26240 205th Ave, New Ulm, MN 56073
This will be a live & online auction!
Directions to land: From New Ulm, head West on Co Rd 29 for 5 miles, the land will be on the South side of the road. The farm site is a 1/2 mile south on 205th Ave from the location of the land. Watch for signs!
Location of property within Brown County:
Milford Township, Section 8, Range 31
Total of farm: 108.89 total acres,
approx. 99.82 acres tillable.
Productivity Index: 92.6
This property will sell as three parcels:
Parcel #1: 39.55 total acres,
approx. 38.23 acres tillable.
Productivity Index: 92.7
Parcel #2: 59.34 total acres,
approx. 56.32 acres tillable.
Productivity Index: 92.5
Parcel #3: 10 acre farm site
Farm Site: 4 bedroom 1 1/2 bath home boasting a wrap around front porch, eat-in kitchen with oak cabinets, main floor master suite & laundry, 3 bedrooms upstairs with a half bath. Outside is a large – stall garage, 6400 sqft shop with office, 1 – 15,500 bu grain bin, 2 – 12,500 bu grain bins, 1 holding bin, 4000 sqft machine shed & nicely maintained yard. Adjoining the farm site to the north is approx. 5.27 ac of tillable land with a productivity rating of 93.2.
*Note: All acres and maps are published based on Brown County Online Records & FSA records.
Terms: No Buyers Premium. LIVE bidders will need to show photo identification at the auction site to get a bidding number. In order to participate in ONLINE bidding, bidders must register online & turn in a $50,000 cashier’s check or personal check to Mages Land Co & Auction Service LLC. All personal checks will be deposited before bidding is allowed. Personal checks must be deposited by June 24th & cashier’s checks must be turned into the Mages Land Co Office in Winthrop, MN by 4:00pm June 29th or you will not be allowed to bid online!
All funds will be returned to unsuccessful ONLINE bidders on July 1st, they can either be picked up at our Winthrop Office or, if requested, mailed out. The successful buyer shall enter into a non-contingent purchase agreement on June 30th and have their check deposited (5% of purchase price for live bidders) as nonrefundable earnest money down on the property, with the balance to be paid upon closing in approximately 40 days.
The property will be sold in “AS IS” condition. Buyer to get possession for the 2021 crop year. Subject to any easements of record. The seller or seller’s agents are not responsible for any errors in information. This is a guide. Buyers are responsible to collect their own info. Bids cannot be retracted once placed.
Seller has the right to reject any & all bids. Auctioneer has the right to run the sale however he feels best serves the seller. Mages Land Co & Auction Service represents the seller in this transaction.
John Hoffmann Estate
Auctioneer: Matt Mages ~ 507-276-7002 ~ Lic #52-20-018
Auctioneers: Larry Mages, Lafayette; Joe Maidl, Lafayette; John Goelz, Franklin, Joe Wersal, Winthrop; Ryan Froehlich, Winthrop;
Broker/Clerk: Mages Land Co. & Auction Service, LLC. Not responsible for accidents at auction or during inspection. Please follow any social distancing procedures that may be in place during the auction. Everything sold “AS IS”. Everything to be settled immediately after the auction.