Legal Description: NE¼ and N½SE¼ Section 29, Twp 113N, Rge 37W, (Kintire Township), Redwood County, MN.
Acres: 240 Deeded acres
Price: $6,520/acre or $1,565,000
Location: Property is located 2 miles south of Belview, MN on County Rd. 7.
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.
Sellers: Crossan/Mitchell Family