We are pleased to present Kingery Farm 144 ± Acres Worthington Township, Nobles County

Transcription

1 We are pleased to present Kingery Farm 144 ± Acres Worthington Township, Nobles County SUBJECT PROPERTY This property to be sold by Sealed Bid Auction Owner: John Kingery, Ann Schlomann and Paula Seep Date & Time: Tuesday, August 21, 1 p.m. Location: Holiday Inn Express & Suites Worthington, 1250 Ryan s Rd, Worthington, MN Note: See Sealed Bid Information page in the back of this brochure for more details. Only registered bidders may attend. Must be registered prior to auction date. Listing Agent: Darrell Hylen, ALC Office: LAND (5263) Toll Free: LAND (5263) Direct: Auctioneer # Darrell.Hylen@WingertRealty.com

2 State Highway Map Minneapolis SUBJECT PROPERTY Mankato

3 Nobles County Minnesota SUBJECT PROPERTY

4 Worthington Township Nobles County SUBJECT PROPERTY

5 FSA Aerial View

6 Property Information DESCRIPTION: 144 ± Acres. NE¼ except 3 tracts. Section 8, T102N-R40W (not to be used on legal documents) (Worthington Township, Nobles County, Minnesota) TAX PID #: BUILDINGS: None REAL ESTATE TAXES: 2018 Ag Non Hmstd taxes = $6,466 Special Assessments = $0 FSA INFORMATION: Total acres = 144 ± acres FSA Tillable acres = ± acres Corn base acres = ± acres Corn PLC Yield = 153 ± bushels Soybean base acres = ± acres Soybean PLC Yield = 39 ± bushels Farm Program Info - Enrolled into Agricultural Risk Coverage (ARC) County SOIL DESCRIPTION: Webster, Nicollet, Clarion, Storden, Omsrud, Terril, Canisteo, Pilot Grove, Delft. See Soils Map. CPI: Crop Productivity Index = 93.6 TOPOGRAPHY: DRAINAGE: Level to rolling Private drainage ditch and private tile. See Tile Maps. NRCS CLASSIFICATIONS ON TILLABLE ACRES: Tract contains a wetland or farmed wetland NHEL - Non-Highly Erodible Land WINGERT REALTY & LAND SERVICES, INC. stipulates that they are representing the seller exclusively in this transaction. The information gathered for this brochure in its entirety is from sources deemed reliable, but cannot be guaranteed by Seller, Wingert Realty & Land Services, Inc., or its staff. Package is subject to prior sale, price change, correction or withdrawal. The buyer must make their own independent investigation of the property. The buyer is purchasing the property as is.

7 Tile Map This tile map is an approximation. Wingert Realty & Land Services, Inc. does not guarantee tile maps, footage, tile condition, location, size, grade or depth.

8 Tile Map This tile map is an approximation. Wingert Realty & Land Services, Inc. does not guarantee tile maps, footage, tile condition, location, size, grade or depth. Tile Intake

9 Soils Map

10 Property Photos North end of farm looking southwest. East side of farm looking southwest. East side of farm looking west. Photos taken 7/2018.

11 Property Photos East side of farm looking west. Drainage ditch going through farm. Southeast corner of farm looking northwest.

12 Soil Descriptions WEBSTER SERIES - Soil # L83A The Webster series consists of very deep, poorly drained, moderately permeable soils formed in glacial till or local alluvium derived from till on uplands. Slope ranges from 0 to 3 percent. Mean annual air temperature is about 48 degrees F, and mean annual precipitation is about 30 inches. TYPICAL PEDON: Webster silty clay loam on a concave slope of about 1 percent gradient in a cultivated field. GEOGRAPHIC SETTING: Webster soils are on relatively undissected till plains of Wisconsin age. Slopes are nearly plane to slightly concave and range in gradient from 0 to 3 percent. Webster soils formed in loamy glacial till of mixed mineralogy and from local alluvium from such till. Mean annual air temperature is about 45 to 49 degrees F, and mean annual precipitation is about 28 to 32 inches. Frost free days range from 120 to 180. Elevation above sea level ranges from 700 to 1400 feet. GEOGRAPHICALLY ASSOCIATED SOILS: These are the competing Canisteo soils and the Clarion, Glencoe, Harps, Nicollet, Okoboji, and Wacousta soils. Canisteo soils are on similar landscape positions. Clarion and Nicollet soils are the most common associates and form a drainage sequence with Webster soils. Clarion and Nicollet soils lack gleyed B horizons and are on slightly higher elevations. Glencoe soils have mollic epipedons over 24 inches thick. Harps soils are highly calcareous and are on rims of depressions. Okoboji soils have thicker A horizons and typically contain less sand in the sola. Wacousta soils have thinner A horizons and clear or abrupt boundary to the B horizon. Okoboji, Glencoe and Wacousta soils are in depressions. DRAINAGE AND PERMEABILITY: Webster soils are poorly drained, and most areas are artificially drained with tile and open ditches. Runoff is slow. Permeability is moderate. The seasonal high water table is a depths of 0 to 1 foot from November to July in most years where undrained. TYPICAL PEDON: Clarion loam on a convex upland slope of 4 percent gradient - in a cultivated field. GEOGRAPHIC SETTING: Clarion soils typically are on convex slopes in the relatively undissected, gently undulating to rolling Late Wisconsin till plain. The topography is hilly in some places. Slopes commonly are short and irregular with gradients typically from 2 to 5 percent but range from 1 to 9 percent. The soils formed in calcareous glacial till of the Des Moines Lobe advance. Mean annual air temperature is 45 to 50 degrees F. Mean annual precipitation is 27 to 32 inches. Annual frost free days range from 120 to 180 days. Elevation above sea level ranges from 700 to 1400 feet. GEOGRAPHICALLY ASSOCIATED SOILS: These are the Nicollet, Omsrud, Storden, and Webster series. Nicollet and Webster soils, which form a drainage sequence with Clarion soils, are the most common associates in undulating to gently rolling landscapes. Omsrud and Storden soils are often associated in rolling or hilly landscapes and are on the steeper or more strongly convex slopes. Storden soils do not have a cambic horizon free of carbonates and Omsrud soils do not have saturation in the lower part of the profile. DRAINAGE AND PERMEABILITY: Well drained. Surface runoff is medium. Permeability is moderate. The seasonal high water table is at depths of 4 to 6 feet during November to July in most years. STORDEN SERIES - Soil # L102C2 Complex, L102D2 Complex, L156C2 Complex The Storden series consists of very deep, well drained soils that formed in calcareous loamy glacial till on glacial moraines. These soils have moderate permeability. Slopes range from 4 to 70 percent. Mean annual precipitation is about 26 inches. Mean annual air temperature is about 48 degrees F. TYPICAL PEDON: Storden loam with an 8 percent convex slope on a ground moraine in a cultivated field. NICOLLET SERIES - Soil # L85A The Nicollet series consists of very deep, moderately well and somewhat poorly drained soils that formed in calcareous loamy glacial till on till plains and glacial moraines. These soils have moderate permeability. Their slopes range from 0 to 5 percent. Mean annual precipitation is about 28 inches. Mean annual temperature is about 48 degrees F. TYPICAL PEDON: Nicollet clay loam on a 2 percent plane slope in a cultivated field. GEOGRAPHIC SETTING: Nicollet soils have slightly convex or plane slopes. They are on till plains, ground moraines, and terminal moraines. Their slopes range from 0 to 5 percent. They formed in friable, calcareous loam and clay loam glacial till of Late Wisconsinan age. The climate is humid continental with warm summers and cold winters. Mean annual temperature ranges from 45 to 55 degrees F. Mean annual precipitation ranges from 26 to 32 inches. GEOGRAPHICALLY ASSOCIATED SOILS: These are the Canisteo, Clarion, Glencoe, Okoboji, Storden, Swanlake, and Webster soils which are members of a hydrosequence with Nicollet soils. The well drained Clarion, Storden and Swanlake soils are generally on the more convex slopes and higher in the landscape. Poorly drained Canisteo and Webster soils are on broad nearly level areas. Very poorly drained Glencoe and Okoboji soils are in depressions and swales. DRAINAGE AND PERMEABILITY: Moderately well and somewhat poorly drained. Permeability is moderate. Runoff is slow. CLARION SERIES - Soil # L79B, L102C2 Complex, L156C2 Complex The Clarion series consists of very deep, well drained, moderately permeable soils formed in glacial till on uplands. Slopes range from 1 to 9 percent. Mean annual air temperature is about 47 degrees F. Mean annual precipitation is about 29 inches. GEOGRAPHIC SETTING: These soils have convex slopes with gradients of 4 to 70 percent. They are on glacial moraines. They formed in calcareous loamy Des Moines Lobe glacial till of Late Wisconsinan Age. Mean annual air temperature ranges from 45 to 50 degrees F. Mean annual precipitation ranges from 25 to 32 inches. Frost free days ranges from 124 to 165. Elevation ranges from 700 to 1600 feet. GEOGRAPHICALLY ASSOCIATED SOILS: These are the Swanlake, Clarion, Omsrud, Nicollet, Delft and Webster soils. The well drained Swanlake soils have a mollic epipedon. The well drained Clarion and Omsrud soils have a mollic epipedon and are not calcareous in the upper part. Delft and Webster soils are poorly drained and on footslopes and swales. Nicollet soils are on lower summits or sideslope positions and are somewhat poorly drained. DRAINAGE AND PERMEABILITY: Well drained. Surface runoff is moderately slow to very high. Permeability is moderate. OMSRUD SERIES - Soil # L102D2 Complex The Omsrud series consists of very deep, well drained soils formed in calcareous, loamy glacial till on ground moraines. Permeability is moderate. Slopes range from 5 to 40 percent. Mean annual air temperature is about 46 degrees F. Mean annual precipitation is about 28 inches. TYPICAL PEDON: Omsrud loam with a slope of 13 percent in a cultivated field. GEOGRAPHIC SETTING: Omsrud soils have convex or linear slopes on ground moraines. Slopes gradients range from 5 to 40 percent. These soils formed in calcareous loamy glacial till of late Wisconsin age. Mean annual air temperature is 45 to 50 degrees F. Mean annual precipitation is 25 to 30 inches. Frost free days range from 125 to 165. Elevation ranges from 700 to GEOGRAPHICALLY ASSOCIATED SOILS: These are the Canisteo,

13 Clarion, Crippin, Nicollet, Okoboji, Storden, Swanlake and Webster soils. The poorly drained Canisteo and somewhat poorly drained Crippin soils are calcareous and are lower on the landscape. The well drained Clarion soils are on nearly level summits, sideslopes or convex rises. The somewhat poorly drained Nicollet and poorly drained Webster soils are lower on the landscape. The very poorly drained Okoboji soils are in closed depressions. The well drained Storden and Swanlake soils are on higher lying convex knolls and shoulder slopes. DRAINAGE AND PERMEABILITY: Well drained. Surface runoff is moderately high to high. Permeability is moderate. TERRIL SERIES - Soil # L129B The Terril series consists of very deep, moderately well drained, moderately permeable soils formed in loamy local colluvium/alluvium on foot slopes, alluvial fans, and stream terraces of till plains. Slope ranges from 0 to 25 percent. Mean annual air temperature is about 49 degrees F., and mean annual precipitation is about 30 inches. TYPICAL PEDON: Terril loam on a foot slope of about 4 percent in a cropped field. GEOGRAPHIC SETTING: Terril soils are on nearly plane to slightly concave foot slopes, toeslopes, alluvial fans and swales, typically elongate in shape. Slope gradients are mostly between 1 and 9 percent, but some are as much as 25 percent. The soils formed in loamy local colluvium/alluvium derived from glacial till of mixed mineralogy. Mean annual air temperature ranges from 45 to 52 degrees F., and mean annual precipitation is 23 to 34 inches. Annual frost free days are 145 to 180 days. Elevation ranges from 1050 to 1450 feet above mean sea level. GEOGRAPHICALLY ASSOCIATED SOILS: Associated soils on till plain upland areas are commonly the Clarion, Kenyon, Lester, Ostrander, Storden and Ves series. The Colo and Delft soils are the common associate on lower slopes. Others are the Biscay, Cylinder, Lawler, Marshan, Wadena, and Zook soils. Biscay, Cylinder, Lawler, Marshan, and Wadena soils have coarse textures in the lower part of the series control section. Colo, Delft and Zook soils are poorly drained. DRAINAGE AND PERMEABILITY: Moderately well drained. Surface runoff is medium. Permeability is moderate. Soil saturation is recognized at depths of 3.5 to 6 feet during March to June in most years in the moderately wet phase. CANISTEO SERIES - Soil # L78A The Canisteo series consists of very deep, poorly and very poorly drained soils that formed in calcareous loamy glacial till or in a mantle of loamy or silty sediments and underlying calcareous loamy glacial till. These soils are on glacial moraines. They have moderate permeability. Slopes range from 0 to 2 percent. Mean annual precipitation is about 28 inches. Mean air annual temperature is about 48 degrees F. TYPICAL PEDON: Canisteo clay loam with a nearly level slightly convex slope on a ground moraine in a cultivated field. Soil Descriptions drained Glencoe and Okoboji soils are in depressions. Poorly drained Harps soils have a calcic horizon. Somewhat poorly drained Nicollet soils have slightly concave to slightly convex slopes and are on higher lying terrain. Poorly drained Webster soils are on adjacent nearly level slopes. DRAINAGE AND PERMEABILITY: Poorly drained and very poorly drained; runoff is slow or ponded; permeability is moderate. The seasonal high water table on the poorly drained phase is at depths of.5 to 1.5 feet from November to July in most years. The very poorly drained phase is at depths of +1 to.5 feet from November to July in most years. PILOT GROVE SERIES - Soil # L156C2 The Pilot Grove series consists of very deep, somewhat excessively drained soils that formed in 40 to 60 inches of loamy and sandy outwash sediments over loamy glacial till or loamy stratified sediment. They are on moraines, till plains or kames. They have moderately rapid permeability in the upper part, rapid or very rapid permeability in sandy subsoil and moderate permeability in the underlying material. Slope ranges from 3 to 40 percent. Mean annual precipitation is about 28 inches. Mean annual air temperature is about 50 degrees F. TYPICAL PEDON: Pilot Grove sandy loam, with a convex 7 percent slope, on a glacial moraine, in a cultivated field. GEOGRAPHIC SETTING: Pilot Grove soils have convex slopes ranging from 3 to 40 percent. They formed in 40 to 60 inches of loamy and sandy outwash sediments over loamy glacial till. They are on moraines, till plains or kames. Mean annual air temperature is about 45 to 55 degrees F. Mean annual precipitation is about 25 to 32 inches. Frost free period ranges from 124 to 190 days. Elevation ranges from 700 to 1,600 feet above sea level. GEOGRAPHICALLY ASSOCIATED SOILS: These are the Estherville, Hawick and Zenor soils and many other soils formed entirely in glacial till. DRAINAGE AND PERMEABILITY: Pilot Grove soils are somewhat excessively drained. Runoff is very low to medium. Permeability is moderately rapid in the upper part, rapid or very rapid permeability in sandy subsoil and moderate permeability in the underlying glacial till. DELFT SERIES - Soil # L5A The Delft series consists of very deep, poorly drained soils that formed in loamy alluvium from glacial drift and underlying loamy glacial till on till plains and moraines. These soils have moderate permeability. Their slopes range from 1 to 3 percent. Mean annual temperature is about 48 degrees F. Mean annual precipitation is about 26 inches. TYPICAL PEDON: Delft clay loam on a concave south-facing slope of 2 percent on a ground moraine in a cultivated field at an elevation of 1,510 feet. GEOGRAPHIC SETTING: Delft soils are on lower foot slopes and toe slopes below head and side slopes of glacial moraines and till plains. Slopes are plane or concave with 1 to 3 percent gradients. These soils formed in loamy alluvium derived from glacial drift. These sediments are Late Wisconsinan age. Mean annual temperature ranges from 46 to 50 degrees F. Mean annual precipitation ranges from 24 to 27 inches. GEOGRAPHIC SETTING: The Canisteo soils have concave to slightly convex slopes with gradient of 0 to 2 percent in shallow swales, flats and on rims of depressions. They formed in loamy glacial till or in a thin, silty mantle and loamy glacial till. Mean annual air temperature ranges from 45 to 52 degrees F. Mean annual precipitation ranges from 26 to 33 inches. Annual frost free days range from 120 to 180. Elevation above sea level ranges from 700 to 1400 feet. GEOGRAPHICALLY ASSOCIATED SOILS: These are the Clarion, Glencoe, Harps, Nicollet, Okoboji and Webster soils. These soils are members of a hydrosequence with Canisteo soils. Well drained Clarion soils have convex slopes and are on higher lying and more sloping terrain. Very poorly GEOGRAPHICALLY ASSOCIATED SOILS: These are the Clarion, Glencoe, Nicollet, Swanlake, and Webster series which are members of a drainage sequence with the Delft series. Clarion and Swanlake soils are well drained and are on steeper slopes. Nicollet soils are somewhat poorly and moderately well drained and are higher lying. Glencoe soils are very poorly drained and are in depressions. Webster soils are poorly drained and have mollic epipedons less than 24 inches thick. DRAINAGE AND PERMEABILITY: Poorly drained. Runoff is slow. Permeability is moderate.

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16 Thank You for the opportunity to present this property to you. We hope you found the information complete and the property of interest. However, if this property doesn t meet your needs, please let us know. We will do our best to find one which satisfies your requirements. Also, if you feel you have no interest in this property, please pass this package along to a friend or associate who might have an interest.

17 Additional Notes

18 SEALED BID AUCTION INSTRUCTIONS Sealed Bid Location and Time: Holiday Inn Express & Suites Worthington, 1250 Ryan s Rd, Worthington, MN Tuesday, August 21, 1 p.m. Sealed Bid Instructions: 1. Only registered bidders may attend. Must be registered prior to auction date. All potential bidders shall deliver or mail a sealed bid, postmarked by Wednesday, August 15, 2018 to: Wingert Realty & Land Services, Inc., Attn: Darrell Hylen 1160 Victory Drive So., Suite 6, Mankato, MN If you are unable to get postmarked bid in on time, call our office for other arrangements. 2. All bids must be accompanied by a $5,000 check for earnest money made out to Wingert Realty Trust Account. 3. The written bid shall state the total price for total deeded acres. 4. All persons submitting a written bid will be allowed to raise their bid after all bids have been opened. 5. The premises described herein will be sold in as is, where is condition 6. Seller shall pay the real estate taxes and special assessments due and payable in 2018, and receive 2018 income. 7. Purchaser shall pay the real estate taxes and special assessments due and payable in 2019 and beyond. 8. The successful bidder or bidders will enter into a Purchase Agreement and shall pay as earnest money 10% of the successful bid on the day of auction. 9. A 2% Buyer Premium will be added to the final bid price to arrive at the final contract price. 10. The entire balance of the purchase price, without interest, will be due and payable on Friday, September 21, 2018 at which time marketable title shall be conveyed. Possession takes place after 2018 crop has been removed. 11. All checks will be returned to unsuccessful bidder. 12. The Sellers reserve the right to reject any and all bids and to waive any irregularities in the bidding. 13. Announcements made the day of the auction take precedence over written material. For additional information, contact: Wingert Realty & Land Services, Inc. Darrell Hylen, ALC, Auctioneer # (800) 730-LAND (5263), LAND (5263) or Direct

19 REGISTRATION / BIDDING FORM Bid Submitting Instructions: Write in your total price for total deeded acres for each parcel you would like to bid on Write in your name, address, telephone number and address All bids must be accompanied by a $5,000 check (this check covers any and all parcels you wish to bid on) for earnest money made out to Wingert Realty Trust Account. Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall deliver or mail a sealed bid, postmarked by Wednesday, August 15, 2018 to: Wingert Realty & Land Services, Inc., Attn: Darrell Hylen 1160 Victory Drive So., Suite 6, Mankato, MN If you are unable to get postmarked bid in on time, call our office for other arrangements. Refer to the Kingery Farm brochure for further details concerning bidding procedures. Also available to print online: SUBJECT PROPERTY ACRES TOTAL BID AMOUNT (Nearest $1,000) 144 ± $ NAME: ADDRESS: CITY / STATE / ZIP: CELL PHONE: ( ) /RESIDENTIAL ( ) ADDRESS:

20 WINGERT REALTY & LAND SERVICES, INC. Serving Minnesota and Northern Iowa Mankato Office: Toll Free LAND (5263) Local LAND (5263) CHARLES WINGERT, ALC PAST NATIONAL PRESIDENT OF REALTORS LAND INSTITUTE (2013) Broker Direct Line: DARRELL HYLEN, ALC Real Estate Sales & Lease Negotiation Direct Line: Auctioneer # Auctioneer # DAVID HANSON Real Estate Sales Direct Line: David@WingertRealty.com Auctioneer # Redwood Falls Office: RICHARD HAUGE, ALC & ARA Real Estate Sales & Appraisals Direct Line: Rick@WingertRealty.com Auctioneer # ALL ARE LICENSED MN REALTORS THE LAND REPORT, the magazine of the American Landowner, has named Wingert Realty & Land Services, Inc. America s Best Brokerages and Top Auction Houses in the U.S.A.! 7/24