Auction
Auction153.14 Acres
Auction

Kanaranzi, MN 56158 - Rock County

Farms
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Property ID 21883229

Auction Information

December 19, 2024 @10:30 A.M. --Live Public Auction Of 2 Tracts Of Contiguous Farmland
., Rock Rapids, IA
12/19/2024, 10:30 AM

Live Public Auction Of 2 Tracts Of Contiguous Farmland

Upcoming Live Public Auction Of 153.14+/- Acres Of Farmland Located

In Kanaranzi TWP, Rock County, MN To Be Sold In Two Tracts

This Land Is Located Southwest Of Kanaranzi, MN &

Northeast Of Rock Rapids, IA & West Of Ellsworth, MN!

This Land Will Be Sold In Two Separate Tracts!

Tract 1: 80.47+/- Acres Tract 2: 72.67+/- Acres

Property Location: From Kanaranzi, MN go West On 61st ST. for 2 miles to 170th Ave. then go South on 170th Ave. for 4 3/4 miles to the site of Tract 2. Tract 1 is located directly West of Tract 2. Tract 2 is accessed from 170th Ave. and 100th St. and Tract 1 is accessed from 100th St.. Auction signs will be posted. Auction to be held at the site of the properties

Land Auction Date: December 19, 2024 10:30 A.M.

Auctioneers Note: The Zomer Company is honored to present at auction these two outstanding tracts of Rock County, MN farmland! Land in Kanaranzi TWP is not always available for purchase! Purchasing land is an investment in your familys future generations! These prime tracts of farmland offer not only good soil ratings but also a rare opportunity to own a piece of Rock Countys rich agricultural heritage. Dont miss out on securing this valuable asset for your farming operation or land portfolio!

Abbreviated Legal Description of Tract 1: The W1/2 of the SE1/4 of Section 32, TWP 101N, Range 44W, Rock County, MN. Sold subject to all public roads and easements of record.

General description of Tract 1: According to the recent survey, this property contains 80.47+/- gross acres. According to FSA/Survey, this property contains approx. 77.38+/- tillable acres. This farm has a corn base of 38.47 acres with a PLC yield of 168Bu. And soybean base of 38.47 acres with a PLC yield of 49bu.. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P15B-Galva, P42A-Whitewood, P21A-Marcus, P27A-Primghar. According to Agri-Data this tillable land has a productivity index rating of 95.3 and an estimated average county CER rating of 95.67! This farm is one that can check all the boxes including excellent soil ratings, inside tract of land and a great location in an area where not many farms are often available for purchase in Rock County! If you have been considering purchasing another farm or looking at investing in Rock County, MN farmland then be sure to take a look at these farms as they offer a fantastic opportunity to purchase a quality tract of land in Rock County, MN! Make plans today to attend this auction and purchase one or both of these tracts of farmland!

Abbreviated Legal Description of Tract 2: The E1/2 of the SE1/4 of Section 32, TWP 101N, Range 44W, Rock County, MN EXCEPTING the East 300 of the S 716 AND EXCEPTING Tract 2 in the East 1/2 of the SE1/4 of Section 32, TWP 101N, Range 44W, Rock County, MN. Sold subject to all public roads and easements of record.

General description of Tract 2: According to the recent survey, this property contains 72.67+/- gross acres. According to FSA/Survey, this property contains approx. 68.3+/- tillable acres. This farm has a corn base of 34.27 acres with a PLC yield of 168Bu. And soybean base of 34.27 acres with a PLC yield of 49bu.. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P15B-Galva, P42A-Whitewood, P21A-Marcus, P27A-Primghar, P6A-Colo. According to Agri-Data this tillable land has a productivity index rating of 96.4 and an estimated average county CER rating of 95.70! Kanaranzi TWP land is known to have good soils and these show that with outstanding soil ratings! If you have been considering purchasing another farm or looking at investing in Rock County, MN farmland then be sure to take a look at these farms as they offer a fantastic opportunity to purchase a quality tract of land in Rock County, MN! Make plans today to attend this auction and purchase one or both of these tracts of farmland!

Method of sale: Property will be sold with the final bid price times the gross surveyed acres for each tract. Auction to be held at the site of the farmland. Farms will be sold in the choice method. The top bidder of the round of choice will have the option to select the tract of their choice or both of the tracts. If the top bidder of the round of choice selects both tracts then the auction will be over. If the top bidder in the round of choice selects one of the tracts then whichever tract is then remaining will then be sold. Tracts will not be combined in any way other the option to purchase both tracts in the round of choice. Once a tract is sold it will remain sold.

Taxes: The current Real Estate Taxes according to the Rock County treasurer are approx. $2,876.00 per year on Tract 1 and approx. $2,454.00 per year on Tract 2. Seller shall pay the 2024 RE taxes due in the calendar year 2024 which were based on the 2023 tax assessment. Buyer shall be responsible to pay the RE taxes due in the calendar year 2025 which were based on the 2024 tax assessments and all future taxes.

Possession: Full possession will be March 1, 2025. This land is available to farm for the 2025 crop year.

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit which will be payable to Winter Title & Abstract Escrow trust account, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day when the seller will provide marketable title to the property. Closing day shall be January 30, 2024. Owners title insurance policy and closing fees will be split 50/50 between the buyer and seller. Abstracts will not be provided. Closing will be conducted by Winter Title & Abstract. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary, and any new fencing if any will be the responsibility of the purchaser pursuant to MN statutes. If buyer delays closing penalties will apply. All buyers are encouraged to do buyers due diligence. . Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneer and Real Estate broker is representing the sellers.

Jane Sletten, Gene Kruger, Brenda Gisolf &

Kristi Peterson Owners

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Mark Zomer

Mark Zomer

Zomer Company