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High Point Land Company is honored to offer the Lupkes Family Farm. This highly sought-after tillable land is situated in Larkin Township, Nobles County, Minnesota and consists of 149.87+/- acres. This property features gently rolling terrain that promotes natural water drainage. Combined with the highly productive soil types, it makes this farm an exceptional choice for top-tier agricultural production. This farm will be offered in two highly productive individual tracts. Tract 1 Legal Description: N1/2, NW1/4 of Section 34, Township 103N, Range 42W, Nobles County, Minnesota, containing 74.74 acres, more or less 74.47+/- Acres 71.85+/- Tillable Acres 93.4 Crop Productivity Index (CPI) Highly productive soil types Asking Price: $1,087,262 ($14,600/Acre) Tract 2 Legal Description: S1/2, NW1/4 of Section 34, Township 103N, Range 42W, Nobles County, Minnesota, containing 75.4 acres, more or less 75.4+/- Acres 74.37+/- Tillable Acres 91.8 Crop Productivity Index (CPI) Highly productive soil types Asking Price: $1,100,840 ($14,600/Acre) FSA Information (Both Tracts Combined) Base Acres - Corn: 71.01 / Soybeans: 71.13 PLC Yield - Corn: 159 / Soybeans: 44 146.6 DCP Certified Tillable Acres ***FSA information is subject to change as a result of recent survey and property splits*** Property Address: TBD Edwards Ave, Adrian, MN 56110 Terms: Offerors will have an opportunity to place their highest and best offer/offers on the individual tracts or on the entire tract. All offers are due by February 5th, 2025 at 1:00 PM CST, offerors will be notified shortly thereafter. Upon an accepted offer, the buyer shall make a 10% non-refundable earnest money down payment, which will be held in the Klosterbuer & Haubrich-IOLTA Trust Account. The sale will not be contingent upon buyer financing. Closing will be on March 12th, 2025, or sooner. Possession will be granted immediately after closing. 2025 tax will be prorated based on the date of closing. If the property is sold in two parcels, buyers will enter into a tile usage agreement with each other. This property is being sold AS IS/WHERE IS. All information provided on this property is believed to be correct but not guaranteed. |
