OWNER
Oldefendt Family
AUCTION LOCATION
Steele County Trail Association building
9028 SW 37th Avenue, Hope MN
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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.
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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.
