The online-only auction will begin on Wednesday, July 13, 2022, at 8:00 AM and close on Friday, July 15, 2022, at 12:00 PM.
This online auction presents a great opportunity to purchase very productive parcels of Martin and Watonwan County farmland. This land has been in the Eisenmenger family for many years and has been very well taken care of. A total of FIVE parcels of land will be sold, offering both investors and expanding farm operators a chance to purchase high-quality farmland. Tracts one through four are nearly all tillable and have excellent soil ratings. Tract five is mostly tillable, with some non-crop acres suitable for pheasant and deer hunting. With strong commodity prices, historically low-interest rates, excellent yield capability, and great income potential, now is the time to purchase this farmland.
Tracts 1 and 2: From Lewisville, Minnesota, travel one mile south on Highway 15 and three miles west on 400th Street, to the northeast corner of the farm.
Tracts 3 and 4: From the north edge of Northrop, Minnesota, travel approximately 2 1/4 miles west on 175th Street.
Tract 5: From Dunnell, Minnesota, travel approximately two miles north on Highway 4.
Legal Description: Tract 1: E1/2 NW1/4 & W1/2 W1/2 NE 1/4 in Section 13, T105N, R31W, Watonwan County
Tract 2: E1/2 W1/2 NE1/4 & E1/2 NE1/4 in Section 13, T105N, R31W, Watonwan County
Tract 3: Gov't Lots 2, 3, 10 & 15 in Section 6, T103N, R30W, except that part of lots 2&3 described as Tract A and except the tree lot in the SW corner of lot 15, Martin County
Tract 4: Gov't Lots 1, 6 & 11, SW1/4 NE1/4, except a tract in SW1/4 NE1/4 containing 18.86 acres, in Section 7, T103N, R30W, Martin County
Tract 5: West 137.63 acres of the NW1/4 in Section 2, T101N, R33W, except the NW1/4 NW1/4 of said Section 2, Martin County
Annual Taxes: Tract 1 and 2: $13,304
Tract 3: $6,818
Tract 4: $6,682
Tract 5: $3,200
Tracts: Tracts 1&2: $13,500/A Tract 3: $10,100/A Tract 4: $11,100/A Tract 5: $7,000/A
Cropland Acres: 609.75
Non Crop Acres: 54.17
Tract: 1 and 2 Crop: Corn Base: 194.86 Yield: 166
Tract: 1 and 2 Crop: Soybeans Base: 34.58 Yield: 45
Tract: 3 Crop: Corn Base: 138.57 Yield: 166
Tract: 3 Crop: Soybeans Base: 24.58 Yield: 45
Tract: 4 Crop: Corn Base: 112.63 Yield: 166
Tract: 4 Crop: Soybeans Base: 19.98 Yield: 45
Tract: 5 Crop: Corn Base: 65.39 Yield: 166
Tract: 5 Crop: Soybeans Base: 11.61 Yield: 45