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Over 91% of the land is tillable and contains extremely productive soils, this farm will be a highly desirable add-on to an existing farming operation or a smart investment for the investor buyer looking to diversify their portfolio or hedge inflation.
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Listing #18286
Wilkin County, MN
Overview
- 2Tracts
- 230.65Total acres M/L
- 211.2Tillable acres M/L
- $6,210Net taxes
Wilkin County, Minnesota Farmland Online-Only Auction! – Mark your calendar for Thursday, May 15th, 2025 at 8:00 AM (CDT) when bidding opens! Bidding will close on Tuesday, May 20th, 2025 at 10:00 AM (CDT)! Peoples Company is honored to represent the Burton Louis Gewalt Trust in selling 230.65 acres m/l of prime farmland in Wilkin County, Minnesota. This land will be sold as two tracts and it will be an “ONLINE ONLY AUCTION.” Tract 1 is 80 deeded acres with 78.67 FSA cropland acres m/l carrying a Productivity Index of 95.5! Soil types include Doran clay loam, Mustinka silty clay loam, Aazdahl clay loam, Perella silty clay loam, and Antler clay loam. Tract 2 is 150.65 deeded acres with 132.53 FSA cropland acres m/l carrying a Productivity Index of 93.9! Soil types include Aazdahl clay loam, Doran clay loam, Doran-Mustinka silty clay loams, Perella silty clay loam and Zell-LaDelle silt clay.
This auction offers a rare opportunity to establish or expand your row-crop operation or secure a top-grade land investment near the Minn-Dak beet plant. This property is ideally situated adjacent to Highway 75, providing smooth transportation for hauling crops to the Minn-Dak plant or grain elevators nearby.
This auction offers a rare opportunity to establish or expand your row-crop operation or secure a top-grade land investment near the Minn-Dak beet plant. This property is ideally situated adjacent to Highway 75, providing smooth transportation for hauling crops to the Minn-Dak plant or grain elevators nearby.
Over 91% of the land is tillable and contains extremely productive soils, this farm will be a highly desirable add-on to an existing farming operation or a smart investment for the investor buyer looking to diversify their portfolio or hedge inflation.
The auction will be conducted on the Peoples Company Bid Wrangler auction platform. The bidding will open on Thursday, May 15th, 2025, at 8:00 AM (CDT) and will conclude on Tuesday, May 20th, 2025, at 10:00 AM (CDT). Any bid placed in the final three minutes of the auction will extend bidding for an additional three minutes on all tracts. The farm will be sold on a price-per-acre basis. Take advantage of this opportunity to own a piece of prime Wilkin County, Minnesota farmland.
**The farm is under lease for the 2025 growing season. The buyer will receive the second half of the cash rent. The total second-half rent amount is $20,064.00 and is due on November 1, 2025. (Tract 1 rent payment to buyer = $7,473.65. Tract 2 rent payment to buyer = $12,590.35) The buyer will also be responsible for half of the 2025 real estate taxes.
**The farm is under lease for the 2025 growing season. The buyer will receive the second half of the cash rent. The total second-half rent amount is $20,064.00 and is due on November 1, 2025. (Tract 1 rent payment to buyer = $7,473.65. Tract 2 rent payment to buyer = $12,590.35) The buyer will also be responsible for half of the 2025 real estate taxes.
How to Bid? Online Only Auction
Open up the Peoples Company auction you are interested in at PeoplesCompany.com. Click on any of the bid now icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and select it. To participate in that auction click register to bid. From there you will need to create a bidder account. Once that is created you can bid on any of our Online Auctions.
Please contact Lindsey Brown at 701-371-5538 or Lindsey@PeoplesCompany.com with any questions about the property or the auction process.
Open up the Peoples Company auction you are interested in at PeoplesCompany.com. Click on any of the bid now icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and select it. To participate in that auction click register to bid. From there you will need to create a bidder account. Once that is created you can bid on any of our Online Auctions.
Please contact Lindsey Brown at 701-371-5538 or Lindsey@PeoplesCompany.com with any questions about the property or the auction process.
Land
- Zoning
- Agricultural
- Gross Taxes
- 6210.00
- Parcel(s)
- 09-015-0400 and 09-021-0300
- School district
- Breckenridge Public School
Location
- Address:
- Highway 75 & T-67, Breckenridge, MN 56520
- Directions:
- Tract 1: In Breckenridge, MN at the intersection of Hwy 75 and Hwy 210 (by St. Francis Medical Center) drive north on Hwy 75 for 2.6 miles to County Rd 155, then turn right on County Rd 155 and drive 300 feet. This will put at the center of the west side of Tract 1. (Watch for the Peoples Company signs).
Tract 2: In Breckenridge, MN at the intersection of Hwy 75 and Hwy 210 (by St. Francis Medical Center) drive north on Hwy 75 for 1.8 miles. This will put you at the SE corner of Tract 2, which will be on the west side of the road. (Watch for the Peoples Company signs).
Tracts
Tract 1 · 80.00 Acres M/L
Description
Tract 1 is 80 deeded acres with 78.67 FSA cropland acres m/l carrying a Productivity Index of 95.5! Soil types include Doran clay loam, Mustinka silty clay loam, Aazdahl clay loam, Perella silty clay loam, and Antler clay loam. Buyer will receive the second half cash rent payment in the amount of $7,473.65.
Legal Description
S1/2 SW1/4 in 15-133-47 in Wilkin County, MN (80 acres M/L). Exact legal description to be taken from Title Commitment.
Directions
In Breckenridge, MN at the intersection of Hwy 75 and Hwy 210 (by St. Francis Medical Center) drive north on Hwy 75 for 2.6 miles to County Rd 155, then turn right on County Rd 155 and drive 300 feet. This will put at the center of the west side of Tract 1. (Watch for the Peoples Company signs).
- Total acres
- 80.00
- Tillable acres
- 78.67
- Avg. soil rating
- 95.5 (PI)
- Parcel Number(s)
- 09-015-0400
Tract 2 · 150.65 Acres M/L
Description
Tract 2 is 150.65 deeded acres with 132.53 FSA cropland acres m/l carrying a Productivity Index of 93.9! Soil types include Aazdahl clay loam, Doran clay loam, Doran-Mustinka silty clay loams, Perella silty clay loam, and Zell-LaDelle silt clay. Buyer will receive the second half of the cash rent for 2025. Tract 2 second half rent payment = $12,590.35.
Legal Description
Tract 2: GOVT LOTS 1-2 & 3 & E1/2 OF NE1/4 EX AUD S.L. A & EX HWY & EX 8.91A IN NE1/4 OF NE1/4 & IN GOVT LOT 1 IN 21-133-47 WILKIN COUNTY, MN (150.65 ACRE M/L). Exact legal description to be taken from Title Commitment.
Directions
In Breckenridge, MN at the intersection of Hwy 75 and Hwy 210 (by St. Francis Medical Center) drive north on Hwy 75 for 1.8 miles. This will put you at the SE corner of Tract 2, which will be on the west side of the road. (Watch for the Peoples Company signs).
- Total acres
- 150.65
- Tillable acres
- 132.53
- Avg. soil rating
- 93.9 (PI)
- Parcel Number(s)
- 09-021-0300
Terms
- Possession
- Per terms of current cash rent contract
- Zoning
- Agricultural
- Legal description
- Tract 1: S1/2 OF SW1/4 IN 15-133-47 WILKIN COUNTY, MN (80 ACRES M/L) Tract 2: GOVT LOTS 1-2 & 3 & E1/2 OF NE1/4 EX AUD S.L. A & EX HWY & EX 8.91A IN NE1/4 OF NE1/4 & IN GOVT LOT 1 IN 21-133-47 WILKIN COUNTY, MN (150.65 ACRE M/L) Exact legal description to be taken from Title Commitment.
Cash or Conventional
Remaining terms and conditions are supplied per listing by the CMS.
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