Auction Information
Online Bidding Site#2464 Gerster Farm
OWNER: Gerster
PROPERTY DESCRIPTION
LandProz is pleased to present the Gerster Farm in Dakota County, MN. This tillable farm will be offered to the public to bid their price via LandProz AuctionCast on our website on Tuesday February 21, 2023 at 2pm [CST].
Online Bidding will open on Wednesday February 15, 2023 at 10am [CST].
This is a great farm with 125+/- tillable acres, of which 105.7 +/- are under water from the newer irrigation system. The irrigation system is an 8 tower Reinke Center Pivot; and with the gun it covers 105.7+/- acres. It does have chemigation valves so it is setup very well. The well is 220' and the water is excellent. It has a 16" casing and 15" hole done by a professional well drilling company.
This farm also has areas of system tile especially where needed making it a very productive and sought after farm for any farmer/investor's portfolio.
Please ...
Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 for more information regarding this property.
PROPERTY FEATURES
141.2 +/- Deeded acres
125.25 +/- Tillable acres
CPI of 52.9
2007 Irrigator
Reinke 8 Tower center pivot
105 +/- acres wet under irrigation system
System tiled in areas where there is heavier soil
Chemigation valves
Very productive
See coverage maps for Pivot
Farms in this area rarely come for sale
Real Estate taxes $5,242 [2022]
SE of Farmington, MN
Corn Base Acres: 60 / Yield: 165
Please contact LandProz Auction Manager Alex Wayne at 507-456-6559 for more information regarding this property.
TERMS
$50,000 [non-refundable] down on the day of the auction. Balance is due at closing, on or about April 4, 2023. There will be a 2% buyer's premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.
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