Rushmore, MN 56168(Nobles County)

Auctioneers Note: We are honored to have had our firm selected by the Lindemann family to offer for sale at live public auction these great tracts of farmland! This farmland has been in the Lindemann Family for many years and is now being offered for sale to the public!! Do not miss your chance to own one or both of these great tracts of farmland!! Call an auctioneer listed below today for a full informational packet on this property!

Legal Description of Tract 1: Surveyed Tract 1 (West 1/2) in the NE 1/4 of Section 19, TWP 101N, Range 41W, Nobles County, MN. Subject to all public roads and easements of record.

General Description of Tract 1: According to the recent survey this tract contains 80 gross acres . According to FSA this farm contains approx. 78+/- tillable acres with the remainder in road/ditch. This farm has a corn base combined with the adjoining tract with a PLC yield of 173bu. And a soybean base combined with the adjoining tract with a PLC yield of 50bu.. This farm is classified as NHEL. The predominant soil types include: P48B-Allendorf, P29A-Rushmore, P38B-Thurman, P48A-Allendorf, P28A-Ransom, P3A-Biscay, P30B-Sac. According to Agri-Data the productivity index rating is 76.3 and this farm has a county CER rating combined with Tract 2 of 60.54. Tract 1 and 2 have the same CER rating due to being one parcel prior to being surveyed. This farm appears to have a good state of productivity and is well managed and would make a great addition to your operation or investment portfolio. Make Plans Today To Attend This Auction!!

Legal Description of Tract 2: Surveyed Tract 2 (East 1/2) in the NE 1/4 of Section 19, TWP 101N, Range 41W, Nobles County, MN. Subject to all public roads and easements of record.

General Description of Tract 2: According to the recent survey this tract contains 73.4 gross acres . According to FSA/recent survey this farm contains approx. 69+/- tillable acres with the remainder in road/ditch. This farm has a corn base combined with the adjoining tract with a PLC yield of 173bu. And a soybean base combined with the adjoining tract with a PLC yield of 50bu.. This farm is classified as NHEL. The predominant soil types include: P30B-Sac, P48B-Allendorf, P29ARushmore, P56B-Kanaranzi, P48A-Allendorf, P28A-Ransom, P9A-Gillet Grove. According to Agri-Data the productivity index rating is 83.1 and this farm has a county CER rating combined with Tract 1 of 60.54. Tract 1 and 2 have the same CER rating due to being one parcel prior to being surveyed. This farm appears to have a good state of productivity and is well managed and would make a great addition to your operation or investment portfolio. Make Plans Today To Attend This Auction!!

Method of Sale: Farmland will be sold with the final bid price x final gross surveyed acres. Auction will be held at the site of the farmland. Tracts will be sold in the order listed and will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Nobles County Treasurer are approx. $3,056.00 per year on Tract 1 and approx. $2,830.00 Per year on Tract 2. Seller will pay the 2020 taxes which are due and the buyer will be responsible for the 2021 taxes and beyond.

Possession: Full Possession will be on the day of closing.

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 Nobles County Abstract & Title, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 26, 2021. Seller will provide marketable title to the property. Seller will provide abstracts if an abstract is desired by the buyer or if title insurance is used, owners title insurance policy will be split 50/50 between the buyer and seller. The Buyer shall be responsible for any expense for title opinions if abstract method is used. Closing will be conducted by Nobles County Abstract & Title. This farm is 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 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. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Attorney for TrustKatie Morgan

2017 Lindemann Family Irrevocable TrustOwners