Hagemann Sale - SOLD $1,906,250

Sold
Hagemann Sale - SOLD

Prime cropland with extensive amount of tile installed. Soils include Canisteo, Ves-Storden, and Seaforth loams. The farm has a deep ditch and county tile to provide excellent outlets for drainage. According to data provided by the NRCS, soils on this farm have a very good average Productivity Index of 90.1. The CER for this property is 67.32.

The FSA tillable is 291.5 acres with 290.1 acres currently cropped and 1.4 acres in CRP. (Approximately 2 acres of small windbreak trees in the NE ¼ are included in the FSA tillable acreage, and this acreage could easily be converted to cropland if a buyer preferred)

The CRP contract pays $116.6/acre for a total of $163 /year through 9/30/ 2017.

The USDA Farm Service Agency Payment Bases/Yields are as follows:

Corn, 147.2 base acres, 119 direct yield, 172 counter cyclical yield.

Soybeans, 142.7 base acres, 37 direct yield, 45 counter cyclical yield.

Fall tillage has been performed and fertilizer applied providing great benefits to the buyer. At closing, buyer will pay tillage cost of $6,386 and fertilizer costs of $7,810 and shall have possession for the 2011 crop season. Invoices are available upon request.

The 15 acres building site excluded from the above described property, including 2 nice ranch style homes, grain bins, machine shed, and other structures may also be available for purchase in the future.

Real Estate Taxes 2011 (Proposed): $4,102 including $608.90 special assessment all to be paid by the buyer, and the remaining special assessment balance of $545.96 due in future shall be assumed by the buyer at closing.

This information provided herein is received from other sources and is believed to be correct. NORTHWESTERN FARM MANAGEMENT COMPANY does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.


1/2 mile N & 2 miles E on 260th St. from
Milroy, Minnesota
County: Redwood
Sale Type: Sold
Category: Sold
1/2 mile N & 2 miles E on 260th St. from
Milroy, Minnesota
County: Redwood
Sale Type: Sold
Category: Sold
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.