Agricultural Land for Auction in Luverne, Minnesota

Live Public Farmland Auction Of 2 Contiguous Tracts Of Farmland Totaling 139.40+/- Acres In Luverne TWP, Rock County, MN! These Farms Are Located Just South Of Luverne, MN & Are Just North Of The Luverne, MN Airport Adjacent To Highway 75 Offering A Potential For Future Development With City Growth Property 1: 65.77+/- Acres Adjacent To Highway 75 : Property 2: 73.63+/- Acres 1/2 Mile From Highway 75 & Adjacent to Property 1 Auctioneers Note: Our company is honored to offer these two contiguous tracts of highly desirable Rock County, Minnesota farmland at public auction for the Mann family! These properties present an excellent opportunity for farmers, investors, and land buyers to purchase a combined total of 139.40+/- acres in a premier location just South of Luverne, Minnesota! Whether you are looking to expand your farming operation, add high-quality Minnesota farmland to your investment portfolio, or acquire land with long-term growth potential, we encourage you to take a close look at this outstanding offering. Do not miss this opportunity to purchase these well-located and highly desirable tracts of Rock County farmland Abbreviated Legal of Property 1: Tract 2(Legal Only) in the NE1/4 of Section 22, TWP 102N, Range 45W, Rock County, MN. Sold subject to clear zone area easement for the airport. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Abbreviated Legal of Property 2: Tract 1(Legal Only) in the NE1/4 of Section 22, TWP 102N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Method of Sale: Auction of the property will be held in the choice method. The top bidder in the round of choice will have the option to select the property of their choice or both of the properties. If the top bidder selects both of the properties then the auction will be concluded. If the top bidder selects only one of the propertys then whichever property is then remaining will then be sold. Once a property is sold and announced as sold it will remain sold and will not be available to bid on again. Both propertys will be on a per acre basis with the final bid times the gross surveyed acres. Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which shall be on or before January 8, 2027. Buyer shall receive a clear and merchantable title to the property on closing day. Closing agent and escrow agent shall be Winter Title & Abstract. Title insurance shall be utilized for this transaction and cost of the owners policy shall be split 50/50 between the buyer and seller. Closing fee shall be split 50/50 between the buyer and the seller. An abstract shall not be provided. Buyer shall be solely responsible for any lender's title insurance policy if required. Buyer shall be required to accommodate the seller with a 1031 exchange if the seller completes one. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer's due diligence.