Description of 20.91 Acres Farmland, Franklin, MN 55333
Listing details for 20.91 Acres Farmland, Franklin, MN 55333 : Parcel 5 of 5
AUCTION TERMS
Date / Time: Ending at 10 a.m. on October 22, 2024
Bidding: On-Line Bidding only.
CONTACT KERKHOFF AUCTION FOR ONLINE BIDDER ASSISTANCE IF NEEDED.
Survey: None
Acres: 367.15 M/L – Offered in 5 Parcels
Plowing: New Buyers shall plow back once the 2024 crop has been removed
Possession: Once the 2024 Crops have been removed
Auction Terms: Successful bidder is required to enter into a non-contingent purchase agreement and pay a $40,000 non-refundable down payment, per parcel purchased, the day of auction. Balance is due with certified funds on November 26, 2024, the date of closing. Seller to pay real estate taxes on the 2024 real estate tax statement and buyer 2025 and thereafter. Sellers shall retain the 2024 cash rent and CRP payment. Buyer to receive CRP payment for 2025 and thereafter. Buyer shall assume levied or pending assessments, if any. Buyer to plow back the land once the 2024 crops have been removed. The land is being offered subject to owner confirmation. All information is obtained from reliable sources, however, the auctioneers or agents do not accept responsibility for information presented, as it is the buyer’s responsibility to verify all information. Announcements made on auction day take precedence over printed material.
ADDITIONAL TERMS ON PARCELS
Parcel 1: 20’ Ingress / Egress Field Road Easement along the West Line allowing North property owner(s) access to their land.
Parcel 2: .90 Acres CRP – Payment $90.00 – Expires 9/30/2029 Seller to Retain 2024 payment and buyer to receive 2025 and thereafter
Parcel 4: Notice of weight restricted bridge crossing
Parcel 5: 20’ Ingress / Egress Field Road Easement along the West Line allowing North property owner(s) access to their land.
Owner Confirmation: Land is sold subject to owner confirmation
Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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