Sale Prices
Tract 1: $1,039,500 or $6,750 per acre
Tract 2: $1,245,200 or $8,000 per acre
Tract 3: $1,258,960 or $8,000 per acre
Tract 4: $994,640 or $8,000 per acre
Auction Location
Glenville-Emmons High School, 230 5th St. SE, Glenville, MN
Property Features
James Hiebert’s farms all have one thing in common, that is they all have great soil types and locations. Call Greg Jensen for details at 507-383-1067
Tract 1
• Total deeded acres: 154
• Legal Description: 154 acres in the S ½ of SW ¼ and S ½ of the SE ¼ of Section 32 of Lyle Township in Mower County, MN T-101-N R-18-W
• Real Estate Taxes: $8,460
• Total Cropland Acres: 149.71
• CPI Soil Rating: 82.4
• Corn Base Acres: 78.2 PLC Yield: 150 bu
• Soybean Base Acres: 71.5 PLC Yield: 44 bu
Tract 2
• Total deeded acres: 155.65
• Legal Description: 155.65 acres in the NW ¼ of Section 19 of London Township in Freeborn County, MN T-101-N R-19-W
• Real Estate Taxes: $8,260 with $1,027.10 in special assessments
• Total Cropland Acres: 144.85
• CPI Soil Rating: 88.9
• Corn Base Acres: 91.8 PLC Yield: 165 bu
• Soybean Base Acres: 39.4 PLC Yield: 46
Tract 3
• Total deeded acres: 157.37
• Legal Description: 157.37 acres in the SE ¼ of Section 2 of Shell Rock Township in Freeborn County, MN T-101-N R-20-W
• Real Estate Taxes: $7,950 with $483 in special assessments
• Total Cropland Acres: 154.29
• CPI Soil Rating: 92.2
• Corn Base Acres: 82.1 PLC Yield: 177 bu
• Soybean Base Acres: 64.4 PLC Yield: 49
Tract 4
• Total deeded acres: 124.33
• Legal Description: 124.33 acres in the SE ¼ of Section 35 of Albert Lea Township in Freeborn County, MN T-102-N R-21-W
• Real Estate Taxes: $8,334 with $304 in special assessments
• Total Cropland Acres: 123.60
• CPI Soil Rating: 91.4
• Corn Base Acres: 62.5 PLC Yield: 158 bu
• Soybean Base Acres: 61 PLC Yield: 48
Auction Terms
$50,000 (non-refundable) down on each tract the day of the sale. Balance due on or about January 20, 2020. Buyer will pay a 2% buyers fee. Possession of the farm will take place as soon as current tenant harvests his fall crops. 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.
Auctioneer’s license #24-21
