#1685 Borneman Farm

   Add to Calendar 2019-02-01 16:00:00.000 2019-02-01 16:00:00.000 America/Chicago Land Proz Auction Section 17 of Bancroft Twp and Section 33 of Newry Twp - Selling as Two Tracts - Productive Cropland - North of Albert Lea and East of Hollandale - Online Bidding Avalible Section 17 of Bancroft Twp and Section 33 of Newry Twp - Selling as Two Tracts - Productive Cropland - North of Albert Lea and East of Hollandale - Online Bidding Avalible Greg Jensen gregjensen@landproz.com
Sold
Type:
Sold
Acres:
125.00 ±
County:
Freeborn County
State:
MN
Date:
Friday, February 1, 2019 4:00 pm CST

125.00 Acres
Freeborn County, MN
Date: Friday, February 1, 2019 4:00 pm CST

Sold Price

$483,821 Total

Tract 1: $398,450 

Tract 2: $85,371

Auction Location:

Geneva Community Center, 1st Ave SE, Geneva, MN

Auctioneer’s Notes:

These are two very productive tracts of farmland. If you own farmland around these farms, now is a good time to add to your farm. If you’re looking to diversify your financial holdings, owning either of these farms could be a good choice for you. 

Tract 1

Lies just north of Albert Lea on a blacktop County Road 25. There are approximately 85 tillable acres with 5 acres in CRP. There is a block of timber on the east side. There will be an option to purchase just the tillable on this tract or you can purchase the entire tract.

• Total Deeded Acres: 99.96

• Legal Description: 100 +/- Acres in the NE ¼ of the SE ¼ and the S ½ of the SE ¼ of section 17 in Bancroft Township of Freeborn County, MN

• Driving Directions: From Albert Lea, take County Road 22 north out of town about two and a half miles, turn west onto County HWY 25 for a little over a mile, farm is on the south side of the road.

• PID #: 130170070

• Latitude/Longitude: 43° 43’ 7.83   -93° 22’ 26.6

• Real Estate Taxes: $3,798 with $501.78 in special assessments

• Total Cropland Acres: 86.17

• CPI Soil Rating: 71.8

• 5.39 Acres in the CRP Pollinator Program through 9-30-2026, program pays $1,505 per year equaling about $280 / acre.

• Corn Base Acres: 44.4   PLC Yield: 154

• Soybean Base Acres: 41.77    PLC Yield: 39

Tract 2

This farm would be a great investment for someone looking to buy a small parcel. Last year this tract rented for $5,000 per year.

• Total Deeded Acres: 25.87

• Legal Description: 25 +/- Acres in the NE ¼ of the NE ¼ of section 33 in Newry Township in Freeborn County, MN

• Driving Directions: From Hollandale, take State Hwy 251 east out of town for about four miles, then head north on County Rd 34 for just under a mile, turn off on the curve onto County Rd 103 to continue north, then follow County Rd 103 as it turns east for about a half mile, the farm will be on the right/ south side of the road.

• PID #: 160330031

• Latitude/Longitude: 43° 46’ 6.64   -93° 7’ 10.08

• Real Estate Taxes: $1,768 with $620.81 in special assessments

• Total Cropland Acres: 24.27

• CPI Soil Rating: 79.4

• Corn Base Acres: 20.4   PLC Yield: 122

• Soybean Base Acres: 1.2   PLC Yield: 47

• CRP Acres: 2.1   Expiring: September 30, 2022    Paying: $311 per year

Auction Terms:

$50,000 (non-refundable) down on tract 1 and $25,000 (non-refundable) down on tract 2, the day of the sale. Balance due on or about February 28, 2019.  2% Buyers fee will apply. Any Statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantee its accuracy.

 

Nearby Properties
New Listing
106.96 Acres
Freeborn County, MN
View this property
Live with Online Bidding
148.19 Acres
Freeborn County, MN
View this property
New Listing
5.00 Acres
Waseca County, MN
View this property
View all properties

We are proud to partner with

Print

Your bid of on has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

Please Wait...

Choice Round # has been finalized!

[] has won Choice Round #.

The following tracts were sold:

All tracts in this auction have been sold, the auction will be finalized shortly.

There are unsold tracts, the next round will begin shortly.

You have won Choice Round #!

You have won the following tracts:

You will receive a detailed summary of your purchases at the completion of the entire auction.

For additional information on handling your purchase, please contact the auction manager .

A bid on Individual Tracts has made your bid for Whole Farm inactive.

To regain Top Bid, you must bid at least the ask price of:

Would you like to raise your bid?

You have won round of bidding!

Your winning bid was:

You now have the choice of what lots to take for this auction. Please select your lots to take below.

The clerk has rejected your picked choices. Please contact the auction staff if you have any questions.

Your winning bid was:

The clerk has rejected your picked choices.

Your winning bid was:

Number of Tracts:
Number of Acres: ±
Subtotal:
Total Price:

Please make your picks within the next:
1:45

You may also be contacted by the auction staff shortly.

To login to the site, please agree to the site Terms of Service:

LandProz / AuctionCast Terms of Service

Description
Bidding Details / Sale Details
Buyers Fees
Amount Description Fee Amount for High Bid

Need an Account?

Or sign in with your phone number:
By continuing, you agree to our Terms of Use and Privacy & Cookie Policy.

By continuing, you agree to our Terms of Service and Privacy & Cookie Policy.

A verification code was sent to . Please enter the verification code to login to your account:

Your bid of has been outbid.

Your bid of has been outbid due to same bid.

If two bids are placed for the same price, the bid which was placed first becomes the high bidder.

The current high bid is:

Would you like to raise your bid?

Terms and Conditions for

The Terms and Conditions for auction have been updated. You must agree to the updated Terms and Conditions to place bids on this property:

Terms and Conditions for

Your registration to bid has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

Your registration to bid has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

A verification code was sent to . Please enter the verification code to confirm your account:

A verification code was sent to . Please enter the verification code to confirm your account:

Bidding has completed for lot #,
you were not the high bidder.

For additional information, please contact the auction manager .

Bidding has completed for lot #, you are the high bidder and winner!

You will receive a detailed summary of your purchases at the completion of the entire auction.

For additional information on handling your purchase, please contact the auction manager .

Profile detaIls are only visible to you and the auction staff.
Tell us a little about yourself

Additional verification is required to perform this update. A verification code was sent to . Please enter the verification code to update the user profile: