Property Info

Description

Peoples Company is proud to offer 148.75 acres m/l of farmland in Wilkin County, MN. This tract features 134.05 tillable acres with a productivity index of 83.4. The primary soils are Grimstad fine sandy loam, Hokans-Buse complex, Balaton-Hamerly complex, Gilby loam, and Foldahl loamy fine sand. The diversity in these soils makes suitable growing conditions for sugar beets, corn, soybeans, and small grains. The land is under a cash rent contract for the 2022 and 2023 crop years at a rate of $200 per crop acre. There are also 14.7 acres enrolled in the Conservation Reserve Program under two separate contracts. The first contract is on 10.28 acres and pays $205.29 per acre ($2,110 annually) and expires on 9-30-2031. The second contract is on 4.42 acres and pays $214.02 per acre ($946 annually) and expires on 9-30-2022.

There are several grain marketing options available with grain elevators in Rothsay, Barnesville, or Sabin, MN. This land would be a great add-on to an existing farming operation or a great investment to add to a land portfolio. The property is located ten miles southeast of Barnesville, MN at the intersection of Highway 30 (150th St.) and 310th Ave (T-276).

Legal Description

S1/2 NE1/4 & Govt’ Lots 1 & 2 Less Hwy (5.59 acres) in 4-139-62 in Wilkin County, MN. (147.65 acres) (formerly NE1/4). Exact legal description will be taken from the abstract or title work.

Directions

From Barnesville, MN at the intersection of Highway 52 and Main Ave E, drive south on Highway 52 for 7.2 miles to County Highway 30 (150th St.). Turn left onto Highway 30 and drive east for one mile to 310th Ave. This will put you at the NW corner of the property. There are no signs posted on the property.

• Parcel Number: 18-034-0200
• School District: Barnesville
• General Area: Rothsay - Barnesville, MN
• Net Taxes: $1,914.00
• Possession: At Closing
• Terms: Conventional or Cash

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