Auction Note

Pifer’s 10th Annual Western Dakota Land Auction   LAND AUCTION 1,363.84 +/- Acres – Bowman County, ND Saturday, October 17, 2015 – 5:00 p.m. (MT)     Auction Location:  Pifer’s Regional Office - Bowman, ND   Auction Note:  As a feature in Pifer’s 2015 Western Dakota Land Auction, Pifer’s Auctioneers would like to invite you to the John and Marjorie Torpen Family Land Auction.   Located south of Scranton, ND in the heart of pheasant hunting country, this property offers great hunting land, excellent cropland, and good pasture and hay land.    Please join Pifer’s Auctioneers for this excellent event at 5:00 p.m. (MT) at Pifer’s Regional Office in Bowman, ND.  For a catalog or more information contact Jim or Andy directly, or visit us online at www.pifers.com.   Contact: Andy Mrnak at 701.206.1095 or Jim Sabe at 701.523.6283 or Pifer’s Auction & Realty at 701.523.7366 for more information and a complete catalog.   Driving Directions: From Scranton, ND: Parcels 1-3: Drive 3 miles west on HWY 12 to the Circle K Rd.  Then drive south 9 miles to the property.  The property is on the east side of the Circle K Rd.   Parcels 4-7: Drive 5 miles south on the Scranton Rd.  The property is located on both sides of the Scranton Rd.          Property Description: Total Deeded Acres:  1363.84 +/- Acres 2014 Taxes:  $2366.43 Cropland Acres:  976.80 +/- Acres     Parcel 1: Acres: 155.23 +/- Legal: Lots 3 and 4 and E ½ SW ¼ Section 19-130-100 Cropland Acres: 152.74 +/- Taxes (2014): $356.17 This is an excellent quarter of nearly 100% cropland.  Featuring tremendous soils and great access!       Parcel 2: Acres: 80.00 +/- Legal:  S ½ SE ¼ Section 19-130-100 Cropland Acres: 76.38 +/- Taxes (2014): $137.63 Nice 80 acre parcel with 76.38 +/- acres of hayland with good soils.  Only ½ mile off of pavement, this parcel has good access and features good hay production.       Parcel 3: Acres: 235.65 +/- Aces Legal:  Lots 1 & 2 and E ½ NW ¼ and N ½ NE ¼ Section 30-130-100 Cropland Acres: 205.70 +/- Taxes (2014): $425.51 Another great parcel of land located on a paved road with excellent soils and good natural water!         Parcel 4: Acres: 138.12 +/- Legal:  NE ¼ (Less 20.86 acre farmstead) Section 23-130-100 Cropland: 118.12 +/- Acres (Estimated) CRP Information: Contract Dates:  10/01/2010 – 9/30/2020 CRP Rate:  $27.57/acre CRP Acres:  86.60 +/- acres (Final acres to be determined by FSA) Taxes (2014): $264.38 Parcel 4 features over 118 acres of cropland and is also highlighted by a nice cold storage shop and grain bins.       Parcel 5:   Acres: 158.98 +/- Legal:  SE ¼ Section 23-130-100 Taxes (2014): $267.19 Cropland:  126.94 +/- Acres CRP Information: Contract Dates: 10/01/2010 – 9/30/2020 CRP Rate:  $27.57/acre CRP Acres:  76.10 +/- acres (Final acres to be determined by FSA) Located south of Scranton with pavement access, this quarter features 126.94 +/- acres of cropland with great soils and good fences.         Parcel 6: Acres: 119.48+/- Legal:  E ½ NW ¼ and SW ¼ NW  Section 24-130-100 Cropland Acres:  94.47 +/- CRP Information: Contract Dates:  10/01/2010 – 9/30/2020 CRP Rate:  $27.57/acre CRP Acres:  82.60 +/- acres (Final acres to be determined by FSA) Taxes (2014): $179.84 Pheasant hunters deluxe property!  This 119.48 +/- acre parcel features good CRP cover with a good return on investment, with tree rows and close to water.       Parcel 7: Acres: 476.38 +/- Legal:  SW ¼ and SE ¼ Section 24-130-100 and also Lots 3 and 4 and E ½ SW ¼ Section 19-130-99 Cropland Acres:  202.45 +/- CRP Information: Contract Dates:  10/01/2010 – 9/30/2020 CRP Rate:  $27.57/acre CRP Acres:  176.7 +/- acres (Final acres to be determined by FSA) Taxes (2014): $828.12 This is a tremendous parcel featuring three quarters with a very diverse profile including great cropland, good CRP, excellent hunting, and good pastureland with a private well and pipelined water tanks.       Owners:  John Torpen and Marjorie Torpen Family Trust     This sale is managed by Pifer’s Auction Company, Kevin Pifer, ND #715. All statements made the day of the auction take precedence over all printed materials.  The seller reserves the right to reject or accept any and all bids.