Auction Information
Online Bidding Site311.55+/- Acres Jackson County, MN - AUCTION
High Point Land Company is honored to present the Howard and Beverly Damm Estate, along with the Robert Damm Revocable Trust to be sold at a timed online auction ending November 21st at 1:00pm CST. These highly sought after tillable farms in Jackson County, Minnesota will be sold in 3 individual tracts.
Tract 1: 154.73+/- Acres --- 151.5+/- Tillable Acres
Legal Description: NE 1/4, Section 35, Alba Township, Excluding 5.27 acre building site, Jackson County, MN, Containing 154.73+/- Acres
Taxes: $25.06/acre (Homestead)
County Ditch 3 Assessment: $85.09/acre (approx. $166,380.74 balance, 2.75% interest rate, 20 year amortization, matures in 2042, can be paid off early if desired)
This exceptional piece of farmland boasts an impressive 87.4 CPI. This tract features excellent tile drainage outlets and many completed tile projects, ensuring optimal soil productivity.
The predominant soil...
The predominant soil types are Spicer-Lura Complex and Collinwood Silty Clay Loam. These soil types are renowned for their high fertility and responsiveness to adequate drainage, resulting in top-notch crop yields when properly managed. The fertile soil types paired with the recently improved drainage outlet will help this farm be productive for years to come.
**The building site on the north side of this tract has been surveyed off - Taxes, assessments and FSA information are subject to change.**
Tract 2: 116.82+/- Acres --- 110.45+/- Tillable Acres
Legal Description: NE 1/4 lying east of County Ditch 3, Section 36, Alba Township, Excluding 3.17 acre building site, Jackson County, MN, Containing 116.82+/- Acres
Taxes: $33.70/acre (Homestead)
County Ditch 3 Assessment: $70.52/acre (approx. $96,790.56 balance, 2.75% interest rate, 20 year amortization, matures in 2042, can be paid off early if desired)
This highly productive piece of tillable land displays an impressive 88.4 CPI. This piece features an excellent drainage outlet with many tile projects already complete.
Similarly to Tract 1, the predominant soil types in tracts 1 and 2 are Spicer-Lura Complex and Collinwood Silty Clay Loam, which have proven to be high producing soil types, when paired with adequate drainage. This tract will prove to be a high performer with the combination of soil types, recently improved tile outlets and the existing tile system. There is also a 24'x72' storage shed in the NW corner of this farm.
**The building site on the NE corner of this tract has been surveyed off - Taxes, assessments and FSA information are subject to change.**
Tract 3: 40+/- Acres --- 37.99 Tillable Acres
Legal Description: SW 1/4 of the SE 1/4, Section 34, Alba Township, Jackson County, MN, Containing 40+/- Acres
Taxes: West Half - $23.87/acre (Homestead) & East Half - $44.57/acre (Non-Homestead)
County Ditch 3 Assessment: $62.90/acre (approx. $30,284.16 balance, 2.75% interest rate, 20 year amortization, matures in 2042, can be paid off early if desired)
This efficient tillable farm boasts an impressive CPI of 91.2. The predominate soil types on this farm are Nicollet Clay Loam and Waldorf Silty Clay Loam, both of which are known as highly productive soils in the area. This farm also has a great outlet with access to the county main in the Northwest corner of the farm. This farm also sits conveniently on a hard surfaced road.
Not very often do you see land of this quality and proximity being sold. This is an excellent opportunity for a farmer to add very productive land to their operation or for an investor to add to their portfolio.
Property Addresses:
Tract 1: TBD 830TH Street, Okabena MN 56161
Tract 2: TBD 830TH Street, Okabena MN 56161
Tract 3: TBD 820th Street, Brewster MN 56119
Property Features:
-Highly Productive Soil Types
-Excellent Tile Outlet
-Tile projects completed
-Good yield history
