Farm Land Auction | Steele, Freeborn & Olmsted Counties, MN | Cropland - Tillable | 468.88+/- Acres | #2850 Ille Family Farm Auction

OWNER

Roberta Ille Estate & Robert Ille Disclaimer Trust

AUCTION LOCATION

LandProz.com 

or 

Servicemen's Club

210 4th St NE, Blooming Prairie, MN 55917

PROPERTY DESCRIPTION

LandProz is pleased to present the Robert & Roberta Ille Auction in Steele, Freeborn, and Olmsted County, MN. This 468.88 +/- acres will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com or in person at Servicemen's Club 210 4th St NE, Blooming Prairie, MN 55917. 

Auctioneer Comment:

A great opportunity to purchase three different farms in three different locations. Incredible opportunity to own productive farmland across three counties! This offering includes three separate tracts totaling over 468.88 +/- deeded acres, with approximately 447 +/- tillable acres. Tract 3 also features 2.77 +/- acres planted with more than 471 thriving black walnut trees, adding unique value and long-term potential. Perfect for investors or operators looking to expand their portfolio with proven, versatile land. The Ille Family welcomes you to their auction.

Please contact LandProz Agent & Auctioneer Sonny Jensen at 507-402-9445 or LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information regarding this auction. 

PROPERTY FEATURES

• 468.88 +/- Deeded Acres

• 447 +/- Tillable Acres

• Open to farm for 2026 season

TRACT 1

• 198.8 +/- Deeded Acres

• 185.91 +/- Tillable Acres

• CPI of 82.6

• Prominent Soil Types: Waukegan silt loam, Blooming silt loam, & Kato silty clay loam

• Open to farm for 2026 season

• Sec 35 of Blooming Prairie TWP in Steele County

• Real Estate Taxes: $13,660

TRACT 2

• 120.08 +/- Deeded Acres

• 114.84 +/- Tillable Acres

• CPI of 80.2

• Prominent Soil Types: Maxcreek silty clay loam, Marshan silt loam, & Blooming silt loam

• Open to farm for 2026 season

• Sec 2 of Moscow TWP in Freeborn County

• Real Estate Taxes: $9,250

TRACT 3 

• 150 +/- Deeded Acres

• 146.31 +/- Tillable Acres

• 2.77 +/- Acres of Black Walnut trees [471 +/- trees]

• CPI of 58.8

• Prominent Soil Types: Rockton loam, Atkinson loam, & Floyd silt loam

• Open to farm for 2026 season

• Sec 17 of Dover TWP in Olmsted County

• Real Estate Taxes: $8,194

TERMS

$100,000 down [non-refundable] on each tract, as earnest money, the day of the auction. Balance is due at closing on, or before, January 16, 2026. There will be a 3% buyer's premium added to the final purchase price. 2025 taxes will be paid by the seller. 2026 taxes will be paid by the 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 it's accuarcy.