463.09 Ac of Riverdale Township Farm Land
Auction Type: Land
Dates
Details
Land Auction
Tuesday, December 20th, 2022 ~ 11:00 am
Auction held at: La Salle Community Center & Fire Hall
310 1st Ave, La Salle, MN
(located across from the La Salle Lutheran Cemetery – Watch for Signs!)
Directions to land: From La Salle, take Co Rd 27 west to the first curve and turn onto 290th St, after a mile Parcel 2 will be on the south side of the road while parcels 3-5 will be on the north side. For parcel 1 continue on 290th St and turn north onto Co Rd 115, after a mile the land will be on the east side of the road. Watch for signs!
This is the moment you’ve been waiting for to own farm land and a wooded site in Watonwan County. You do not want to miss this chance!
Location of property within Watonwan County:
Riverdale Twp, Sections 7, 18 & 19
Total of farms: 463.09 total acres, approx. 382.48 acres tillable.
This property will sell as five parcels:
Parcel #1: 75.43 total acres, approx. 74.4 acres tillable. Productivity Index: 92.1
Parcel #2: 194.28 total acres, approx. 189.5 acres tillable. Productivity Index: 80.4
Parcel #3: 86.98 total acres, approx. 64.8 acres tillable, Productivity Index: 82.5. Approx. 14.5 acres of CRP with contracts ending in 2027 & 2030. Approx. $2,843/yr in CRP payments**
Parcel #4: 61.4 total acres, approx. 44.78 acres tillable. Productivity Index: 68.3. Approx. 13.74 acres of CRP with contract ending in 2029. $2,642/yr in CRP payments
Parcel #5: 45 ac total acres, wooded land and approx. 18 acres of CRP with contracts ending in 2027 & 2030. Approx. $3,474/yr in CRP payments**. Will own the existing field road along the south-west side of the parcel up to the point in which it turns straight north.
*Note: All acres are published based on Watonwan County Online Records and FSA records. All maps are a representation.
**CRP Payments: Parcel 3 & 5 are calculated on an average across the two parcels, actual payment amounts will vary.
In case of severe weather, listen to 860 AM KNUJ & 107.3 FM SAM 8:30 the morning of the auction for postponement & rescheduling info.
Blizzard Date is December 22nd ~ 11:00 am
Terms: No Buyers Premium. The buyer shall pay 5% nonrefundable earnest money down of total purchase amount on the day of the auction in the form of a check, cashiers check or U.S. currency and enter into a non-contingent purchase agreement with the balance to be paid upon closing in approximately 40 days. Sellers will be responsible for surveying if Parcels 3, 4 or 5 are sold to separate buyers. Price will be adjusted if there is a discrepancy found by the survey. The property will be sold in “AS IS” condition. Buyer to get possession for the 2023 crop year. Buyer to get 2023 and all future yearly payments of CRP. 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. Anything said the day of the auction takes precedence over written material. 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.
Alan Lantz Estate
Auctioneers: Matt Mages, Courtland; 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. Everything sold “AS IS”. Everything to be settled immediately after the auction.
