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CHIPPEWA COUNTY, MN LAND AUCTION - 379± ACRES - SOLD!!!

Tract 1 - $1,433,087

Tract 2- $649,497

Tract 3 - $778,260

Tract 4 - 535,450

AUCTION LOCATION: River Crest Public Golf Course, 4490 W US-212, Montevideo, MN 56265

FRIDAY, SEPTEMBER 15, 2023 SALE TIME: 11:00AM

AUCTIONEER'S NOTE: Steffes is honored to be featuring 379± acres of prime farmland. This is a unique opportunity for both farmers and investors alike to acquire some very productive agricultural land northeast of Montevideo, MN. This auction will consist of 4 tracts of land with an average CPI of 92.18. These parcels are in Sparta Township, Rosewood Township, & Leenthrop Township, Chippewa County, MN. Don't miss this once in a lifetime opportunity to acquire this income producing farmland to add to your farming operation or your investment portfolio. The auction will be held Friday, September 15, 2023 at the River Crest Public Golf Course in Montevideo, MN.

Tract 1 - 160.57± Acres (See Survey)
Location: From Montevideo, MN, 3 miles east on MN-7 E, 2.0 miles north on 20th Ave. SW, .3 miles east on 30th St. SW. Land is located on north side of the road.

Rosewood Township

PID# 12-036-3000

Description: SW 1-4 Sect-36 Twp-118 Range-40

Soil Productivity Index: 94.6

Soils: Perella-Colvin complex (63.4%), Tara silt loam (25.2%), Hokans-Svea complex, (6.7%), Byrne silt loam (4.7%)

2023 Taxes: $7,810

Tract 2 - 63.77± Acres (See Survey)
Location: From Montevideo, MN, 4 miles east on MN-7 E, 1.7 miles north on 10th Ave SW. Land is located on the east side of the road.
Leenthrop Townwhip

PID# 07-006-2300

Description: W 1-2 NW 1-4 EX TR BEG AT NW COR TH E 585
FT S 568 FT W 585 FT N 568 FT TO BEG
Sect-6 Twp-117 Range-39

Soil Productivity Index: 90.3

Soils: Perella-Colvin complex (35.4%), Byrne silt loam (14.5%), Buse-Doland complex (12.1%), Amiret loam (9.5%), Balaton-Hamerly complex (7.3%), Colvin-Spicer silty clay loams (5.8%), Colvin-Quam complex, depressional (5.3%), Tara silt loam (3.8%), Spicer-Quam silty clay loams (3.4%), Tara silty clay loam (2.8%)

2023 Taxes: $2,774

Tract 3 - 74.12± Acres (See Survey)
Location: From Montevideo, MN, 2 miles east on MN-7 E, 1 mile north on 30th Ave SW, .5 miles east on 40th St. SW. Land is located on north side of the road.

Sparta Township

PID # 13-102-4301

Description: S 1-2 SE 1-4 EX A TR BEG AT SE COR TH W
1178.1 FT WHICH IS TR PT OF BEG TH N 521.4
FT W 462 FT S 521.4 FTE462 FT TO TR PT OF

Sect-2 Twp-117 Range-40

Soil Productivity Index: 92.3

Soils: Byrne silt loam (39.7%), Tara silty clay loam (25.9%), Spicer-Quam silty clay loams (24.1%), Colvin-Spicer silty clay loams (10.3%)

2023 Taxes: $3,706

Tract 4 - 79.68± Acres (See Survey)
Location: From Montevideo, MN, 2 miles east on MN-7 E, 1 mile north on 30th Ave SW, .5 miles east on 40th St. SW. Land is located on south side of the road.

Sparta Township

PID #: 13-111-1101

Description: N 1-2 NE 1-4 EX E 2 RDS IN WIDTH Sect-11 Twp-117 Range-40

Soil Productivity Index: 91.5

Soils: Tara silty clay loam (49.1%), Byrne silt loam (23.9%), Doland-Swanlake complex (19.3%), Spicer-Quam silty clay loams (4.5%), Blue Earth mucky silt loam (3.2%)

2023 Taxes: $3,988

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 at Steffes Group 320.693.9371

Downloads:
Tract 1 Survey
Tract 2 Survey
Tract 3 Survey
Tract 4 Survey
Farm Tile Maps
Chippewa County, MN Buyer's Prospectus

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#1 Tract 1

Tract 1 – 160.57± Acres (See Survey)
Location: From Montevideo, MN, 3 miles east on MN-7 E, 2.0 miles north on 20th Ave. SW, .3 miles east on 30th St. SW. Land is located on north side of the road.

Rosewood Township

PID# 12-036-3000

Cropland Acres: 155.45±

Description: SW 1-4 Sect-36 Twp-118 Range-40

Soil Productivity Index: 94.6

Soils: Perella-Colvin complex (63.4%), Tara silt loam (25.2%), Hokans-Svea complex, (6.7%), Byrne silt loam (4.7%)

2023 Taxes: $7,810

Bidding will be 160.57 X TIMES your bid.

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.

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Auction Closed

Lot Location: Montevideo, MN
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(3)

#2 Tract 2

Tract 2 – 63.77± Acres (See Survey)
Location: From Montevideo, MN, 4 miles east on MN-7 E, 1.7 miles north on 10th Ave SW. Land is located on the east side of the road.
Leenthrop Township

PID# 07-006-2300

Cropland Acres: 63.9±

Description: W 1-2 NW 1-4 EX TR BEG AT NW COR TH E 585 FT S 568 FT W 585 FT N 568 FT TO BEG
Sect-6 Twp-117 Range-39

Soil Productivity Index: 90.3

2023 Taxes: $2,774

Bidding will be 63.77 X TIMES your bid.

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.

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Auction Closed

Lot Location: Montevideo, MN
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(6)

Bidding History

Bidder #	Bid Amount	Bid Time
floor	$9,700.00	9/15/2023 11:24 AM	2023-09-15T11:24:25
floor	$9,600.00	9/15/2023 11:20 AM	2023-09-15T11:20:48
floor	$9,500.00	9/15/2023 11:20 AM	2023-09-15T11:20:21
floor	$9,000.00	9/15/2023 11:20 AM	2023-09-15T11:20:08
floor	$8,500.00	9/15/2023 11:20 AM	2023-09-15T11:20:04
floor	$8,000.00	9/15/2023 11:19 AM	2023-09-15T11:19:31

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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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#3 Tract 3

Tract 3 - 74.12± Acres (See Survey)
Location: From Montevideo, MN, 2 miles east on MN-7 E, 1 mile north on 30th Ave SW, .5 miles east on 40th St. SW. Land is located on north side of the road.
Sparta Township

PID # 13-102-4301

Cropland Acres: 70.89±

Description: S 1-2 SE 1-4 EX A TR BEG AT SE COR TH W 1178.1 FT WHICH IS TR PT OF BEG TH N 521.4 FT W 462 FT S 521.4 FTE462 FT TO TR PT OF
Sect-2 Twp-117 Range-40

Soil Productivity Index: 92.3

Soils: Byrne silt loam (39.7%), Tara silty clay loam (25.9%), Spicer-Quam silty clay loams (24.1%), Colvin-Spicer silty clay loams (10.3%)

2023 Taxes: $3,706

Bidding will be 74.12 X TIMES your bid.

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.

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Auction Closed

Lot Location: Montevideo, MN
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(6)

Bidding History

Bidder #	Bid Amount	Bid Time
floor	$10,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:54
floor	$9,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:48
floor	$8,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:47
floor	$7,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:42
floor	$6,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:41
29454	$5,000.00	9/15/2023 11:10 AM	2023-09-15T11:10:17

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TERMS:

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#4 Tract 4

Tract 4 – 79.68± Acres (See Survey)
Location: From Montevideo, MN, 2 miles east on MN-7 E, 1 mile north on 30th Ave SW, .5 miles east on 40th St. SW. Land is located on south side of the road.
Sparta Township

PID #: 13-111-1101

Cropland Acres: 75.68±

Description: N 1-2 NE 1-4 EX E 2 RDS IN WIDTH Sect-11 Twp-117 Range-40

Soil Productivity Index: 91.5

Soils: Tara silty clay loam (49.1%), Byrne silt loam (23.9%), Doland-Swanlake complex (19.3%), Spicer-Quam silty clay loams (4.5%), Blue Earth mucky silt loam (3.2%)

2023 Taxes: $3,988

Bidding will be 79.68 X TIMES your bid.

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.

More Details

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Auction Closed

Lot Location: Montevideo, MN
Map It

(4)



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