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RENVILLE COUNTY, MN LAND AUCTION - 45± ACRES - SOLD!!!
$496,125
$496,125
LAND LOCATED: From Olivia, MN, .1 miles south on 13th St., .9 miles west on 820th Ave./W Fairview Ave. Land is located on the south side of the road.
OPENS: THURSDAY, MARCH 28
CLOSES: THURSDAY, APRIL 4 BEGINNING AT 10:00AM
AUCTIONEER'S NOTE: Located in Troy Township, Renville County, MN, here is a great opportunity to start or expand your investment portfolio or farming operation. This 45± acre parcel boasts a CPI of 80 and features a county ditch on the eastern border of the parcel. For the 2024 season, the land is rented and the buyer of the parcel will receive half of the year's rent, presenting an immediate return on investment. It's an opportunity not just to own land, but to start earning from it right away. Whether you're a seasoned farmer seeking to expand your operations or an astute investor looking to diversify your portfolio, this is an auction you do not want to miss.
RENVILLE COUNTY, MN – TROY TOWNSHIP
Description: E2 OF E2 OF NE4 -EX 24.96 A BLDG SITE- & THAT PT OF NW4 LYING W OF DITCH -EX W 450' OF N 580.8'- SECT-13 TWP-115 RANG-35 & SECT-14 TWP-115 RANG-35
Total Acres: 45±
Cropland Acres: 41.56±
PID #: 24-01322-00 & 24-01362-00
Soil Productivity Index: 80.0
Soils: StordenVes complex, 6 to 10 percent slopes, moderately eroded (47.8%), Mayer loam, 0 to 2 percent slopes (24.4%), AmiretSwanlake loams, 2 to 6 percent slopes (17.8%), Webster clay loam, 0 to 2 percent slopes (7.6%), Amiret loam, 2 to 6 percent slopes (1.7%), Havelock clay loam, 0 to 2 percent slopes, occasionally flooded (0.7%)
Taxes (2023): $1,180.00
No sugar beets have been planted on the parcels since the seller has owned them, since 1996.
Full year rent is $6,880 for 42 acres. Buyer will receive half the year's rent.
TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 30 days. This is a 5% buyer’s premium auction.
For a detailed Buyer's Prospectus with complete terms and conditions, contact Eric Gabrielson 701.238.2570 or Ashley Huhn 701.238.1975 at Steffes Group 320.693.9371
Downloads:
Renville County, MN Buyer's Prospectus
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TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed. Payment is due within 2 business days or additional charges may incur.
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