AUCTION LOCATION

KATIE O'LEARY'S BEEF & BREW

117 2nd Ave NE, Waseca MN 56093

PROPERTY DESCRIPTION

This is a beautiful and big piece of land! This 325+/- acres has a great CPI of 92.7. Don't miss this great opportunity to own this farm in a good farming community. 308.7+/- acres of tillable land with top notch soils. This farm is located just South of Waseca, MN. The best land is getting harder and harder to come by and it's going to get more difficult as time passes. 

• CPI of 92.7

• Corn Base 294.5 / Corn Yield 142 bushels

• Real estate taxes $13,358

For additional information please contact LandProz Broker/Auctioneer Greg Jensen at 507-383-1067.

LEGAL DESCRIPTION

325+/- acres located in the S ½ of the SW ¼ in section 25, NW ¼ & W ½ of NE ¼ & NW 1/4 of NE ¼ in section 36.  All in St Mary TWP in Waseca County in MN.  Less and excepting building site & wood lots (Which will be surveyed off) 

TERMS

$200,000 (non-refundable) down on the day of the sale. Balance due in cash at closing, on or before November 15, 2021, OR contract for deed available with an additional $700,000 down [on 11/15/21] and the balance carried on a 15 year contract for deed. The interest rate on the first 10 years will be 3.5% and the last 5 years will be 6%. Buyer will be able to prepay in part or full on this contract at any time. There will be a 2% buyer's premium added to the purchase price. 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 guarantees its accuracy.