Renville County, MN Land Auction - Penke

Location & General Information

The Penke farm is located a short distance south of Oliva, MN along 810^th Ave. & 330^th St. The farm is further described as being located in Section 24, T115N - R35W, Troy Township, Renville County, MN. This tract represents productive, tillable cropland which boasts a Productivity Index Rating of 88 and sells free & clear for the 2023 crop year!

Tract Information

74.84 Surveyed Acres • 1 Tract

Productivity Index (PI): 88
Productive soil types include Clarion-Swanlake, Havelock, Nicollet, Clarion-Storden & Dickinson
$17,000 of N-P-K-Sulfur added to farm last fall. Sellers have covered this cost with past renter.
Access is along the north side by 810^th Ave. & along the west side by 330^th St.

Method & Terms

The farm will be sold on a price per acre basis, based on surveyed acres. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Tuesday, January 24, 2023. Bidding is NOT subject to the following contingencies, including but not limited to financing, an appraisal or inspection of the property. The seller will provide marketable title and pay the 2022 real estate taxes and current special assessments on the property. Possession will be given at the time of closing.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website 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 made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Sullivan Auctioneers, LLC represent the sellers in this transaction. Real estate is being sold “AS IS”.