#2603 Oldefendt Auction - Live With Online Bidding

   Add to Calendar 2024-02-09 16:00:00.000 2024-02-09 16:00:00.000 America/Chicago Land Proz Auction Section 30 of Somerset TWP - Offered as 1 Tract - Nearly All Tillable - Outstanding CPI of 93.1 - W of Hope, MN Section 30 of Somerset TWP - Offered as 1 Tract - Nearly All Tillable - Outstanding CPI of 93.1 - W of Hope, MN Jen Busch jenbusch@landproz.com
Standard Format Auction
Sold
Type:
Sold
Format:
Standard Format Auction
Acres:
111.19 ±
County:
Steele County
State:
MN
Date:
Friday, February 9, 2024 4:00 pm CST

111.19 Acres
Steele County, MN
Date: Friday, February 9, 2024 4:00 pm CST

 

 

 

OWNER

Oldefendt Family

 

AUCTION LOCATION

Steele County Trail Association building

9028 SW 37th Avenue, Hope MN

 

 

 

 

 

PROPERTY DESCRIPTION

LandProz is pleased to present the Oldefendt Farm in Steele County, MN. This tillable farmland will be offered to the public to bid their price via LandProz.com. Online bidding will open on February 5, 2024.

Welcome to the Oldefendt farmland auction! This is a once-in-a-lifetime opportunity to own a remarkable fourth-generation farm in the heart of a thriving agricultural community. Located on the West property line of the Hope grain elevator and across the road from the esteemed Crystal Valley Cooperative, this 111.19 +/- acre farmland is a true gem.

One of the most impressive features of this farm is its exceptional soil CPI [Crop Production Index], boasting an impressive rating of 93.1. This means that the land is incredibly fertile, providing the perfect conditions for high-yield crop production. Additionally, there is evidence of tile installation dating back to the 1960’s, ensuring adequate drainage and further enhancing the farm’s productivity.

Farming is open for the March 30, 2024 growing season.

Convenience is key when it comes to farming, and this property offers just that. Its close proximity to the grain elevator means that hauling your harvest is a breeze, with 2 convenient options right at your doorstep. Furthermore, the contract for farming will be open for the 2024 growing season, allowing the new owner to step right into a thriving operation.

It’s worth noting that there is no CRP [Conservation Reserve Program] on this farm, providing the new owner with the flexibility to maximize their agricultural pursuits.

The highly anticipated auction will take place on February 9, 2024, at the Steele County Trail Association building located at 9028 SW. 37th Ave. in Hope, Minnesota. For those unable to attend in person, online bidding will be available prior to the auction. To learn more about the online bidding process and the live auction, please contact our dedicated agent who will be more than happy to assist you.

Don’t miss out on this incredible opportunity to own a piece of history and continue the legacy of this exceptional farm. We look forward to seeing you at the auction and helping you embark on a prosperous farming journey.

                

Please contact LandProz Associate Broker & Realtor® Jen Busch at 507-923-7657 for more information regarding this property. 

 

PROPERTY FEATURES

• 111.19 +/- Deeded Acres

• 105.78 +/- Tillable Acres

• CPI of 93.1

• Borders the Hope Grain Elevator

• Across the road from Crystal Valley Co-op

• Tile present 

• 4 Generation farm

• Railway runs through Hope, MN

• Close to Krause Feeds & Supplies

• Prime location next to 2 grain elevators/markets

• Open for 2024 crop season

• Real Estate taxes $7,862 [proposed for 2024]

 

 

TERMS

$100,000 [non-refundable] down on the day of the auction. Balance is due at closing, on or before March 29, 2024. There will be a 2% Buyers Premium added to the purchase price. 2024 Taxes to be paid by buyer. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.

 

 

Nearby Properties
Live with Online Bidding
64.00 Acres
Steele County, MN
View this property
New Listing
178.40 Acres
Steele County, MN
View this property
New Listing
106.96 Acres
Freeborn County, MN
View this property
View all properties

We are proud to partner with
Landproz Real Estate LLC

LandProz Real Estate, LLC | LandProz of Indiana, LLC

111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

2024 Copyright all rights reserved LandProz
Terms of Service    Privacy Policy
Auction Live

Auction Sale & Summary

Print

Bid Denied

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.

Bid History
Please Wait...
Choice Round Completed

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.

Choice Round Completed

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 .

CUSTOM BID

A custom bid is a one-time bid for the amount you specify below.

A custom bid by you will bid the auction up to the amount you specify below in one single bid. Use a custom bid to bid a value higher than the ask to outbid by a larger margin than just the ask.

When your bid is made, the auction will immediately increase by the whole amount below.

$

Your custom bid will require approval by the auction staff. They will be notified when you submit your custom bid.

MAX BID

A max bid is a bid that the AuctionCast system will automatically bid up to, by increment, when outbid by other bidders.

With a Max Bid, you're asking AuctionCast to bid on your behalf every time you're outbid by another bidder up to the amount you specify below.

You can cancel your Max Bid at any time.

If the current bid meets or is greater than your Max Bid, your Max Bid will be automatically cancelled.

$

Your custom bid will require approval by the auction staff. They will be notified when you submit your custom bid.

Lost Top Bid

Gained Top Bid

Lost Top Bid

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?

Finalizing Choice Round

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.

Terms of Service

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
Sign in
Need an Account?
Or sign in with your phone number:
By continuing, you agree to our Terms of Use and Privacy & Cookie Policy.
Sign in - SMS
By continuing, you agree to our Terms of Service and Privacy & Cookie Policy.
Sign in - SMS - Verify

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

Outbid

Same Bid

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?

Updated Terms and Conditions

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:

Register for Bidding

Terms and Conditions for

Auction Registration Denied

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.

Auction Registration Denied

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.

Create Bidding Account
Create Bidding Account - Verify Phone Number

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:

Auction Tract Bidding Completed

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

For additional information, please contact the auction manager .

Auction Tract Bidding Completed

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 .

User Settings
Profile detaIls are only visible to you and the auction staff.
Tell us a little about yourself
2 Factor Authentication

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

User Settings