Auction Information
Online Bidding Site#2454 Oeltjenbruns Family Farm
OWNER: Oeltjenbruns Family Farm
AUCTION LOCATION
Torey's Restaurant
208 N Cedar Avenue, Owatonna MN 55060
PROPERTY DESCRIPTION
LandProz is pleased to present the Oeltjenbruns Family Farm in Steele County, MN. This tillable cropland will be offered to the public to bid their price via LandProz AuctionCast at our website and on site at Torey's Restaurant, 208 N Cedar Avenue, Owatonna MN.
The auction will be broadcast live on Tuesday February 7, 2023 at 10:00am [CST].
Online Bidding will open on Tuesday January 24, 2023.
Please contact LandProz Broker and Auctioneer Greg Jensen at 507-383-1067 for more information about this property.
TRACT 1
152 +/- Deeded acres
148.22 +/- Tillable acres
CPI of 92.5
Great location, just off Hwy 14
Concrete culvert underneath the railroad tracks
Corn Base: 76.78
Soy Bean Base: 75.4
Real Estate taxes $9,536
TRACT 2
71 +/- De...
71 +/- Deeded acres
69.84 +/- Tillable acres
CPI of 92.4
Great location, just off Hwy 14
Corn Base: 38.5
Soy Bean Base: 31.3
Real Estate taxes $4,262
TERMS
$100,000 [non-refundable] down on Tract 1 the day of the auction. $50,000 [non-refundable] down on Tract 2 the day of the auction. Balance is due at closing, on or about March 15, 2023. There will be a 2% buyer's premium added to the final purchase price. Possession will be for the 2023 crop year. New owner will pay for verified fertilizer bill. 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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