Redwood County, MN Land Auction – Otto & Kohl

Friday, August 19, 2022 - 11:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

SOLD!

TRACT 1 – $11,000 PER ACRE

TRACT 2 – $7,650 PER ACRE

TRACT 3 – $10,050 PER ACRE

TRACT 4 – $12,200 PER ACRE

TRACT 5 – $14,500 PER ACRE

TRACT 6 – $14,500 PER ACRE

 

TOTAL – $6,662,804.50

Location

Redwood County, Minnesota

Seller

Otto & Kohl Family Farms

Managed By

Allen Henslin (320) 979-1808

Location & General Information

The Otto and Kohl land is located in Redwood County, MN. Tracts 1, 2 & 3 are located southwest of Redwood Falls, MN. Tract 4 is located northeast of Wabasso. Tracts 5 & 6 are located west of Morgan, MN. The farm is further described as being located in Sections 30 & 31, T112N - R36W, Redwood Falls Township - Section 17, T111N – R36W, New Avon Township – Section 7, T111N – R34W, Morgan Township all in Redwood County, MN.  All tracts represent productive, tillable farmland.  All tracts have been grid mapped for fertilizer since the 1980's and are in excellent fertility!

Tract information

Tract 1 – 81.41 Surveyed Acres

  • FSA figures indicate 76.34 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 92.9
  • Productive soil types include Canisteo, Amiret, Okobobji & Amiret-Swanlake
  • Pattern tile in the northern/eastern portion and a waterway has been added for erosion control
  • Access is along the north side by 300th Street and east by Justice Ave.

Tract 2 – 111.97 Surveyed Acres

  • FSA figures indicate 90.02 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 88.9
  • Productive soil types include Okoboji, Amiret, Lemond-Linder-Estherville & Canisteo
  • Improved with pattern tile & drainage in the low areas
  • Access is along the west by County Road 6.

Tract 3 – 156.50 Surveyed Acres

  • FSA figures indicate 151.51 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 91
  • Productive soil types include Okoboji, Amiret, Canisteo & Normania
  • Improved with pattern tile in the low areas
  • Access is along the west by County Road 6.

Tract 4 – 80.57 Surveyed Acres

  • FSA figures indicate 78.99 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 91.3
  • Productive soil types include Canisteo, Okoboji, Webster & Amiret
  • Improved with pattern tile primarily in the west & northeast portions
  • Access is along the north side by 260th Street.

Tract 5 – 81.17 Surveyed Acres

  • FSA figures indicate 79.39 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 91.6
  • Productive soil types include Canisteo, Webster, Okoboji & Normania
  • Improved with a large amount of drainage tile throughout the field
  • Access is along the south side by 260th Street.

Tract 6 – 81.24 Surveyed Acres

  • FSA figures indicate 79.47 acres of NHEL cropland currently in row crop production
  • Crop Productivity Index (PI) Rating: 92.9
  • Productive soil types include Canisteo, Normania, Okoboji & Webster
  • Improved with recent pattern tile in the southwest portion
  • Access is along the south side by 260th Street and east side by Porter Ave.

Method & Terms

All tracts will be sold on a price per acre basis, based on the surveyed acres, and offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect either, some or all tracts (in any order) for their high bid. If the high bidder elects doesn’t buy all of the tracts, then the remaining tracts will be sold. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at closing, on or before Thursday, September 29th, 2022. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide marketable title and pay the 2022 real estate taxes, due and payable in 2022. Possession will be given once 2022 crops are removed.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.

FSA INFORMATION

Aerial Tour

Plat Map

Aerial Maps

SOIL MAPs

Surveys

Photos

Otto & Kohl Family Farms - Seller

 

Representing Attorney:

Kevin Passe

Passe &  Whitmore, PA

301 E 3rd St, Redwood Falls, MN 56283

(507) 637-5778

 

Auction Manager:

Allen Henslin (320) 979-1808