Co Rd 126 , Ivanhoe, MN 56142(Lincoln County)

Located between Arco and Ivanhoe, MN, we present 299.52+/- acres of hard-hitting crop land with drain tile running throughout! This property provides unique opportunity as it is all contiguous and is easily accessed from Co Rd 126, 230th Ave, and the paved Co Rd 7. Split into four tracts, this property is ideal for a wide array of buyers expanding or starting from scratch. The farm site offers several old outbuildings, a shop/shed, a 26.2+/- acre pasture with quality water sources, 5+/- acres of crop land and a quiet country setting perfect with a view all to yourself. Comprised of majority Class II soils and a crop land overall soil productivity index of 90.8% with 0-6% slopes, this property is equipped to handle modern-day equipment and modern-day yields. With established tree belts acting as a windbreak, snow fence, and a wildlife corridor makes for an additional value-added amenity. According to FSA, there are 258.5+/- cropland acres with 89.2 wheat base acres with a 43 bu PLC and 166.1 corn base acres with a 138 bu PLC. Drain tile was installed anywhere from 1990 to 2005 which includes 10 8 6 & 5 tile. In the event there are different buyers between Tract 2, 3, and 4, an access easement (for tract 3 over tract 4) and drain tile easement (Tract 2 & 4 over Tract 3) will be put in place at the time of closing to ensure future access, outlets, and maintenance. If you are looking for an income producing property that is ready to start working for you, take Advantage and we will see you on auction day!

Tract 1 Acres: 31.26+/- Taxes: $844

Legal: ALL THAT PART OF SE 1/4 SE 1/4 WHICH LIES E OF W LINE OF FORMER RR R/W of Section 12-111N-R45W Ash Lake TWP Lincoln Co MN

25.53+/- Acres of Crop Land

3.92+/- Acres of Wooded Waterway Beautiful Setting

15.5 Base Corn Acres with 138 bu PLC

9.58 Base Wheat Acres with 43 bu PLC

Majority Class II Soils with 0-6% Slopes PI of 89.8%

Tract 2 Estimated Acres: 112.91+/- Estimated Taxes: $3,048.57

Legal: SW 1/4, LOTS 3 & 4 Section 7-T111N-R44W Lake Stay TWP Lake Stay TWP Lincoln Co MN

108.85+/- Acres of Crop Land with Tree belt of 0.89+/- Acres

71.2 Base Corn Acres with 138 bu PLC

34.52 Base Wheat Acres with 43 bu PLC

PI of 89% Majority Class II Soils with 0-6% Slopes

Tract 3 Estimated Acres: 39.57+/- Estimated Taxes: $1,281.01

Legal: E 1/2 SW 1/4 EXC 40.8 AC IN GVT LOT 3 Section 7-T111N-R44W Lake Stay TWP Lincoln Co MN

Un-Inhabitable House

o Well has Been Sealed

o Septic System has Been Filled

o Cistern has Been Sealed

Rural Water w/ fully paid assessment - Has a meter in house with the shutoff outside

26.2+/- Acres of Pasture & 2 Dugouts

5+/- Acres of Cropland

Older Outbuildings include: A barn, 2 wooden grain bins, detached garage

3 Steel Grain Bins

o 2 that are 4k Bushel

o 1 that is 5k Bushel with a Full Floor and Fan.

Main Shop is 18x32 with 13 high side walls.

Tract 4 Estimated Acres: 116.46+/- Estimated Taxes: $3,144.42

Legal: NE 1/4 SW 1/4 SOLD TO STATE DESC IN BK 80 DEEDS PG 196 of Section 7-T111N-R44W Lake Stay TWP Lincoln Co MN

109.18+/- Acres of Crop Land

72.81 Base Corn Acres with 138 bu PLC

41.36 Base Wheat Acres with 43 bu PLC

Majority Class II & I Soils with 0-6% Slopes PI of 91.6%

Owners: Ronald Renken & Jean Renken, Terry & Norma Renken, Dennis & Carol Renken, Michael & Mary Borman, Kathy Renken, Clarissa Renken, & Lucille Lund Trust Interest