Legal Description: The North Half (N ½) Section 16, Township 101N, Range 39W, (Indian Lake Twp), Nobles County, MN (Possible split into 80- or 160-acre parcels)
Farm Location: Property is located approximately 2 miles west and 1 mile north of Round Lake, MN with good road access along both County Rd 3 and township road Sundberg Ave.
Suggested Range: $7,350 - $7,750/ Deeded acre
Property Information: A rare opportunity to purchase a large or small tract of prime farmland that has excellent farmability, considerable tile drainage, and gently rolling topography. Property has 315.11 FSA tillable acres with the balance in road and ditch right of way. The tillable land has highly productive soils with a Crop Productivity Index (CPI) rating of 95, which is well above average for the county. Primary soils include: Clarion loam, Webster clay loam and Ocheda silty clay loam. With excellent road access on 3 sides, it is possible this farm could be split into 80- or 160-acre tracts. If you are interested in a smaller tract please inquire.
At the Southeast corner of the property there is a grain drying bin that holds approx. 10,000 Bu. This bin is in good condition and is in use.
2018 Real Estate taxes of $11,842 (Non-Homestead)
Terms: 15% earnest money due with a signed purchase agreement. Possession available after closing.
This information provided herein is received from other sources and is believed to be correct. NORTHWESTERN FARM MANAGEMENT COMPANY, BROKER does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.