87725 265th Street, Austin, MN 55912 - Freeborn County

LandProz is pleased to present the Olson Farm Auction in Freeborn County, MN. This farmable land will be offered to the public to bid their price via LandProz AuctionCast at our website.

Auctioneer Comment:

Here is a respectable parcel of land. It's a perfect size for an addition to your farm or to add to your financial planning.

Please contact LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information regarding this auction.

PROPERTY FEATURES

47.91 +/- Deeded Acres

46.07 +/- Tillable Acres

CPI of 87.3

Prominent Soil Types: Blooming Silt Loam, Hayden Loam & Maxcreek Silty Clay Loam

Open to Farm in 2025

Corn Base: 15.28 Acres

Bean Base: 17.17 Acres

Real Estate taxes $1,332 [2024]

OWNER

Allen & JoAnn Olson

AUCTION LOCATION

On Our Website

or

In-Person at:

DoubleTree by Hilton

1701 4th Street NW, Austin, MN

TERMS

$50,000 down [non-refundable] of earnest money due on the day of the auction sale. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing will be on or before April 21, 2025. There will be a 2% Buyer's Premium added to the final purchase price. Bidding is dollars per deeded acres. Buyer[s] to do their own due diligence prior to bidding. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.