This property is located approximately 4 miles Southwest of Lake Benton, MN or 1 mile Northeast of Verdi, MN. Briefly described as part of the Southwest Quarter (SW ¼) of Section 24, Township 109 (Verdi Twp.), Range 46, Lincoln County, MN.
$628,251 or $4,450 per acre. Closed on 5/24/2011
Here is a great opportunity to purchase a farm with excellent soils consisting predominantly of Kranzburg and Brookings silty clay loams. The productivity index assigned by NRCS is 93.4 and the CER is 57.14.
Approximate Acreage Breakdown
Tillable Acres 125.6
Non-crop (trees, roads, etc) 9.28
This farm is being sold subject to lease for the 2011 crop year. The cash rent lease rate is $15,875 with 1st half of the proceeds due April 15, and 2nd half due on December 1, 2011. 2011 rental income can be available to the buyer depending upon the date of closing.
Full possession is available after the harvest of the 2011 crops.
This farm is enrolled in the USDA DCP program and the base and yield information is as follows: Corn, 79.3 Base Acres, 87 Direct Yield, 87 Counter Cyclical Yield. Soybeans, 46.3 Base Acres, 29 Direct Yield, 29 Counter Cyclical Yield.
Estimated Taxes Payable 2011: $2,748 non-homestead
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.