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Property Description: 240 acre farm contains 226.75 tillable acres, 11.31 acres in county ditch and buffer, 1.94 acres in road right-of-way. The gently rolling tillable acres have a Crop Productivity Index of 84.1 and a Redwood County CER of 66.56. The farm has extensive internal tile drainage and good production history.
The farm is enrolled in ARC-Co. with a PLC corn yield of 166 bu/ac and PLC soybean yield of 41 bu/ac.
Terms: The farm can be sold as a complete unit or as a possible split. If closing occurs this summer, owners would consider pro-rating the income and taxes. If fall closing, owners would retain income and pay taxes with possession after harvest. Earnest money of 15% will be due with a signed purchase agreement.
Real Estate Taxes payable in 2016: $7,482 Ag Non-Homestead.
Price: $6,520/acre or $1,565,000
Acres: 240 Deeded acres
Legal Description: NE and NSE Section 29, Twp 113N, Rge 37W, (Kintire Township), Redwood County, MN.
Location: Property is located 2 miles south of Belview, MN on County Rd. 7.
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.