Farm Land Auction-Pepperton Township, Stevens County

Property Information

Price: Address:
Type: Auctions, Grain Farms, Hunting and Recreation Properties, City: Alberta
Bedrooms: State: Minnesota
Bathrooms: Country:
Area: 239 Acres Zip Code: 56207

Property Description

Bids are due to Hughes Real Estate on Friday, August 4, 2017 by 5:00 PM. Live auction will take place on Thursday, August 10, 2017 at 1:00 PM located at the Hotel 200, 200 Hwy 28 E, Morris, MN.

For more information or a bid package please contact Jesse @ 320-815-0460.

Property Location:
From Alberta, MN – 3 Miles North on Stevens County Road 9
From Morris, MN – 2 Miles Northwest on MN Hwy 9, 5 Miles West on Stevens County Road 14. Watch for Hughes Real Estate signs.

Legal Description:
Part of the North Half (1/2) of Section 27, T-125-N, R-43-W, Pepperton Township, Stevens County, Minnesota.
Land Breakdown:
The property includes approximately 239 Deeded Acres (+-) with 206.67 Acres (+-) Currently Tillable. The cropland is currently enrolled in CRP, which can be terminated immediately following our auction if the Buyer wishes to do so. There would be plenty of time after closing to till back the land so it’s ready to farm in 2018! If Buyer wishes to leave the land in CRP there is good income with a majority of the current CRP contracts running through 2023. Between the CRP grassland, trees and shoreline on a 107 acre lake, this farm would make a great hunting property as well.

CRP: The entirety of the tillable cropland (206.67 acres) is currently enrolled in the Conservation Reserve Program (CRP) consisting of 3 separate contracts as follows:
Contract Number 1231A – 109.14 acres x $93.37/acre through 2023. Annual payments of $10,190.
Contract Number 1380A – 19.53 acres x $118.34/acre through 2018. Annual payments of $2,311.
Contract Number 10146 – 78 acres x $171.68/acre through 2023. Annual payments of $13,391.
Total annual CRP payments: $25,892.00
*NOTE- All CRP contracts can be terminated if Buyer(s) choose to do so with no payback penalties. Cropland can then be tilled this fall to be ready to farm Spring 2018.
Please feel free to contact Joni at the Stevens County FSA at (320) 589-4886 for more FSA information.
Soils Types:
Predominately Balaton-Hamerly soils (See soils map on following pages) with soil productivity (CPI) of 91.3.

Real Estate Taxes:
Real Estate taxes for 2017 are $5,660.00. Seller will pay all of 2017 Real Estate Taxes. Buyer(s) will be responsible for Real Estate Taxes due and payable in 2018 and thereafter.

For by Agent

Broker - Jesse Hughes

Broker - Jesse Hughes

Listing Details :
Listed on : June 24, 2017
Property Id : #5207

Agent Contact Info

Schedule a Showing

Property Map

Location : Alberta,Minnesota,56207

About Us

Welcome! Thank you for visiting the website of “Hughes Real Estate and Auction Service”. We are West Central Minnesota’s Full-Service Real Estate and Auction Company with over 45 years of combined experience. We specialize in Agricultural Cropland, Rural Residential, Residential, and Hunting/Recreational Properties. Whether you are thinking about a Conventional Listing, Live Auction, or a Sealed Bid method of selling your property, Appraisal, or Land Management - we can do it all. Our agents include; Jesse Hughes - Broker/Auctioneer from Danvers, MN, Dave Weller - Associate Broker from Brooten, MN and Dale Zaczkowski – Sales Agent out of Sauk Centre, MN, Duaine Flanders -Sales Agent from the Benson, MN area and our newest Sales Agent working in the Hancock/Morris areas – Sonia Kannegiesser. Call us today for a NO-HASSLE consultation at: 320-815-0460 or email us: Thank you and have a great day!
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