Farmland And CRP Income In Murray Co, MN
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Auction Date: 09/25/2023 Auction Time: 4:00 PM CDT
Auction Location: Caboose of Tracy, 1045 Craig Ave, Tracy, MN 56175
Entire Farm Description:
Located 8 miles south of Tracy in Section 33 of Shetek Township, this auction will offer a total of 113.74+/- surveyed acres with 93.18+/- FSA tillable acres. The overall average Crop Productivity Index (CPI) is 61.60. As part of the FSA tillable acres, there are 23.82 acres enrolled in the Conservation Reserve Program (CRP) these acres were enrolled in 2020 and will expire in 2030. The total annual CRP income is $2,927 per year. This is a diverse property that offers, farmland, CRP income, recreational opportunities and potential buildable sites.
Tract 1 Description: Tract 1 has 85.20 surveyed acres with 66.75+/- FSA tillable acres. The overall average Crop Productivity Index (CPI) is 55.2. As part of th...
Tract 1 Description: Tract 1 has 85.20 surveyed acres with 66.75+/- FSA tillable acres. The overall average Crop Productivity Index (CPI) is 55.2. As part of the FSA tillable acres, there are 12.21 acres enrolled in the Conservation Reserve Program (CRP) these acres were enrolled in 2020 and will expire in 2030. The CRP rate is $121 per acre with an annual payment of $1,477 per year. Tract 1 is a diverse property that offers farmland and CRP income. There are also recreational opportunities with good deer, pheasant and waterfowl hunting. With the rolling terrain, this property also has scenic buildable sites with views of Armstrong Slough and Lake Shetek.
Details:
Tract #: 1
Deeded acres: 85.20 Surveyed Acres
FSA Farmland Acres: 66.75
Soil Types: Sverdrup Sandy Loam, Dickman Sandy Loam, Egeland Sandy Loam
Soil PI/NCCPI/CSR2: 55.2 CPI
CRP Acres/payment: $1,477 per year on 12.21 acres
Taxes: TBD
Lease Status: Open Tenancy for 2024 crop year
Possession: Possession to transfer after 2023 crops have been harvested
Survey needed?: No survey is needed
Brief Legal: Part of NE S33 T108N R40W Murray Co, MN
Lat/Lon: 44.121 -95.6484
Zip Code: 56123
Tract 2 Description: Tract 2 has 28.54 surveyed acres with 26.43+/- FSA tillable acres. The overall average Crop Productivity Index (CPI) is 78.1. As part of the FSA tillable acres, there are 12.21 acres enrolled in the Conservation Reserve Program (CRP) these acres were enrolled in 2020 and will expire in 2030. The CRP rate is $124.88 per acre with an annual payment of $1,450 per year. The actual farmed acres in Tract 2 carry a CPI of 91.3 making these acres very productive. The east half of Tract 2 is enrolled in CRP and has paved road access with a higher elevation that faces west toward Lake Shetek. This area would make a great buildable site.
Details:
Tract #: 2
Deeded acres: 28.54 Surveyed Acres
FSA Farmland Acres: 26.43
Soil Types: Clarion Loam Clarion-Storden Complex
Soil PI/NCCPI/CSR2: 78.1 CPI
CRP Acres/payment: $1,450 per year on 11.61 acres
Taxes: TBD
Lease Status: Open Tenancy for 2024 crop year
Possession: Possession to transfer after 2023 crops have been harvested
Survey needed?: No survey is needed
Brief Legal: Part of NE S33 T108N R40W Murray Co, MN
Lat/Lon: 44.1171 -95.6493
Tract 3 Description: Tract 3 is a combination of Tracts 1&2. There is a total of 113.74+/- surveyed acres with 93.18+/- FSA tillable acres. The overall average Crop Productivity Index (CPI) is 61.60. As part of the FSA tillable acres, there are 23.82 acres enrolled in the Conservation Reserve Program (CRP) these acres were enrolled in 2020 and will expire in 2030. The total annual CRP income is $2,927 per year. This is a diverse property that offers, farmland income, CRP income, recreational opportunities and potential buildable sites.
Details:
Tract #: 3
Deeded acres: 113.74
FSA Farmland Acres: 93.18
Soil Types: Sverdrub Sandy Loam, Dickman Sandy Loam, Egeland Sandy Loam
Soil PI/NCCPI/CSR2: 61.6 CPI
CRP Acres/payment: $2,927
Taxes: $1,724
Lease Status: Open Tenancy for 2024 crop year
Possession: Possession to transfer after 2023 crops have been harvested
Survey needed?: No survey is needed
Brief Legal: Part of NE S33 T108N R40W Murray Co, MN
Lat/Lon: 44.121 -95.648
Property Features:
- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
- Onsite bidders should bring a government-issued ID
- 15% down payment immediately after auction - cash, personal, or business checks accepted
- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close unless otherwise noted
- Announcements on auction day will take precedence over any prior announcements
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
- 113.74 Surveyed Acres
- 93.18 FSA Tillable Acres
- 23.82 CRP Acres with an annual payment of $2,927
- Scenic buildable sites near Lake Shetek
- Recreational opportunties
- Public road access on 3 sides
- Located 8 miles south of Tracy in Section 33 of Shetek Township
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