Auction Location: Isle Of Dreams, 13029 County Road 3 , Spring Valley, MN 55975(Fillmore County)
Mostly Tillable Tract With Recreational Opportunity In Southeast MN
Property Location: 228.5 +/- acres in S27/34-T101N-R12W in Fillmore County
Auction Location: Isle Of Dreams, 13029 County Road 3, Spring Valley, MN 55975
Auction Date & Time: September 29, 2020 @ 6:00 PM.
Hard to find large tillable farm in Southwest Fillmore County just north of the Iowa border. If you have been looking for a quality farm to add to your operation this is one to take a look at. The farm lays well with waterways in the right locations. This would be a great option for anyone looking to do a 1031 exchange or looking to diversify their investments and get into land ownership. There are 32.5 +/- acres of timber that make for great hunting. The property would also make for a great location to build your dream home. The property will be offered in 4 different tracts.
Tract 1. 67 +/- total acres with 61.3 +/- acres tillable. PI Rating 80. Great nearly all tillable tract just...
Tract 1. 67 +/- total acres with 61.3 +/- acres tillable. PI Rating 80. Great nearly all tillable tract just north of the Iowa border with good soils. This parcel lays well and will make a great addition to any farming operation. If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.
Tract 2. 99 +/- total acres with 93.41 +/- acres tillable. PI rating 84. Great nearly all tillable tract just north of the Iowa border with good soils. This parcel lays well and will make a great addition to any farming operation. If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.
Tract 3. 32.5 +/- total acres. Awesome all timber property surrounded by ag land just north of the Iowa border. If you have been looking for a smaller wooded hunting parcel this is one you need to look at. The property hunts big and has a ton of sign. Potential to build a cabin or home in the woods. Hunting parcels of this size do not come around often in this area. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco
Tract 4. 30 +/- total acres with 29.78 +/- acres tillable. PI rating 74. Great nearly all tillable tract just north of the Iowa border with good soils. This parcel lays well and will make a great addition to any farming operation. If you have been looking for a solid land investment for a 1031 exchange or to diversify your assets without breaking the bank this parcel is a great option. Potential building site with driveway in place. The property is a short drive to Spring Valley, Harmony, Lime Springs or Cresco.
Property Features:
- 184.5 +/- Total Tillable Acres
- CPI average of 81.4
- Great option for 1031 exchange
- Lays well for big equipment
- Great addition to any farming operation
- 32.5 +/- acres of timber for good hunting
- Just north of the Iowa and Minnesota state line
- Option to bid on 4 different tracts
- Open for farming 2021
- Bidders may participate in the auction on site or online at Proxibid.com
- On site bidders should bring government issued ID
- Subject to a 2% buyers premium
- 10% down payment immediately after auction – cash, personal or business checks accepted
- If winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close unless otherwise noted
- Announcements on auction day will take precedence over any prior announcements
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres
- All information provided is derived from sources believed correct but is not guaranteed or warranted – bidders shall rely entirely on their own information and judgement
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