Barnes Sale - SOLD $904,000

Barnes Sale Brochure

LEGAL DESCRIPTION: SE ¼ of Section 25, Twp 103 N, Range 38 W (Alba Twp), Jackson Co, MN.

ACRES: 160.00 Deeded acres 150.52 FSA Tillable Acres Suggested Range: $5,650-6,050/deeded acre

LOCATION: From Okabena, MN – 3 mi S Co. Rd. 9 (380th Ave) - 1 mi W on 830th St.

PROPERTY INFORMATION: Very productive, gently rolling, tiled cropland at the top of the watershed with very good production history. Spicer-Lura complex as the most common soil type with uniformly good quality soils throughout.
Average CPI of 88.7. 3.9 Ac. CRP @ $281.67/Ac. until 2032. Close proximity to strong grain markets and a deep ditch for a good tile outlet makes this property a very desirable tract to own.

SALE INFORMATION: Buyer will have the right to farm the land for the 2020 crop season and will pay 2020 Real Estate Taxes. Seller paid 2019 Real Estate Taxes of $5,994 (Non-Homestead). Buyer will assume a county ditch special assessment of approximately $102,000 (Final amount yet to be determined). Sale will not be contingent on financing. Possession at closing subject to 2019 lease. Cash sale with 15% earnest money required upon signing purchase agreement.