STEELE COUNTY, ND LAND AUCTION

692+/- ACRES

Auction Location: Sharon Community Building, 303 Main St., Sharon, ND 58277

Land Located:

Tracts 1 & 2 - From the JCT of Hwy 32 & Co. Rd. 16 (3 miles west of Sharon) north 4 miles, west 1/2 mile on 17th St. SE

Tracts 3 & 4 - From the JCT of Hwy 32 & Co. Rd. 16 (3 miles west of Sharon) north 2 miles, west 1/2 mile on 15th St. NE to T3, and west 1-1/4 mile for T4

Tract 5 - From the JCT of Hwy 32 & Co. Rd. 23 (3 miles west of Sharon) west 4 miles.

AUCTION RESULTS
Tract #1: $2,375 x 151.47 = $359,741.25
Tract #2: $2,500 x 152 = $380,000
Tract #3: $2,350 x 80 = $188,000
Tract #4: $2,350 x 147.33 = $346,226
Tract #5: $2,975 x 160 = $476,000

TOTAL: $1,749,967

Auctioneer’s Note:  Due to health reasons, Todd has decided to retire from farming and will be selling his machinery and land at public auction. The equipment will be sold on October 31^st on the farm and the farm real estate will be sold the following day in Sharon!   CLICK HERE to view machinery auction.

STEELE COUNTY, ND – WESTFIELD TWP

• Description: W 1/2 7-148-56, E 1/2 of SW 1/4 17-148-56, SW 1/4 Less Farmstead 16-148-56, & SW 1/4 25-148-56
• Total Acres: 692+/-
• Total Cropland Acres: 665+/-

Tract 1:

Legal Description: NW 1/4 Section 7-148-56
Total Acres: 151.47+/-

Cropland Acres: 150+/-

Taxes (2017): $1,503.12

Tract Note: Quarter section located adjacent to a well-maintained gravel road with an overall weighted average CPI of 59. Directly adjoins tract two. 

Tract 2:

Legal Description: SW 1/4 Section 7-148-56

Total Acres: 151.99+/-

Cropland Acres: 150+/-

Taxes (2017): $1,683.65

Tract Note: This quarter lays nicely and is accessible from the south section line road. It was planted to wheat for the 2018 growing season and has an overall weighted average CPI of 67.7.

Tract 3:

Legal Description: E 1/2 SW 1/4 Section 17-148-56

Total Acres: 80+/-

Cropland Acres: 60+/-

Pasture Acres: 20+/-

Taxes (2017): $1,276.55

Tract Note: 80-acre tract with fenced pasture and cropland! Located adjacent to a well- maintained road. The cropland has a weighted average CPI of 56.

Tract 4:

Description: SW 1/4 Less Farmstead Section 16-148-56
Total Acres: 149+/-

Cropland Acres: 147.51+/-

Taxes (2017): $1,674.18 (Includes farmstead, subject to reconstitution and survey)

Tract Note: This quarter features all cropland located adjacent to a well-maintained road. Please note, the farmstead will be surveyed out. 64 weighted average CPI.

Tract 5:

Legal Description: SW 1/4 Section 25-148-56  

Total Acres: 160+/-

Cropland Acres: 157.23+/-

Taxes (2017): $1,795.01

Tract Note: This is an exceptional quarter for the area with consistent soil, great accessibility, and good drainage. Located adjacent to Co. HWY 23 with multiple access points off the highway. 74.7 weighted average CPI.

TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days.

For a detailed Buyer’s Prospectus with complete terms and conditions contact Max Steffes at Steffes Group, 701.237.9173 or 701.212.2849

Todd Ostenson, Owner

Downloads:
Steele County, ND Land Auction Buyer's Prospectus
Todd Ostenson Farm Retirement Auction Sale Bill
Tract 4 Farmstead Survey