Auction Note

LAND AUCTION 245 +/- Acres – Polk County, MN Tuesday, April 8, 2014 – 11:00 a.m. (CT)   Auction Location:   Crookston Inn – Crookston, MN   Auction Note: Located within 1 to 1.5 miles of Climax, Minnesota this spectacular Red River Valley farm features exceptionally strong producing soils. Property has 244.7 +/- acres with 209.7 +/- acres of cropland. Included is a 45 acre parcel with the Sand Hill River bordering the property and also features 16.1 acres of fantastic cropland and 12.5 acres of CRP making this great deer hunting property. This farm has distinctively high Soil Productivity Indexes in the upper 80s and lower 90s and is incredibly consistent in its productivity. This property is subject to a cropland lease through the 2016 crop year.   Contact:   Bob Pifer at 701-371-8538 or Pifer’s Auction & Realty at 877.700.4099 for more information and a complete catalog.   Driving Directions:   From Climax, MN go south 1.25 miles on HWY 75 and then 1 mile east on 400th St SW. This will bring you to the corners of Parcels 2, 3, and 4.  Proceed 1 mile east and then go north 1 mile on 340th Ave SW and then .5 miles on 390th St SW. This will bring you to the southwest corner of Parcel 1.         Property Information:   PARCEL 1 Acres:   80.00 +/- Legal:  W½ SE¼ 27-148-48 Cropland: 78.43 acres Taxes (2013):   $1,806.00 (Parcel ID# 64.00017.00) This parcel features 78.43 +/- acres of exceptional cropland with a strong cropping history and a Soil Productivity Index of 91!              PARCEL 2 Acres:   80.00+/- Legal:   S½SE¼ 32-148-48 Cropland:   77.11 +/- acres Taxes (2013):   $1,984.00 (Parcel ID# 71.00253.00) This parcel features 77.11 +/- acres of cropland with an excellent Soil Productivity Index of 91.9!              PARCEL 3 Acres: 45.00 +/- Legal:  Part of W½ SW¼ 33-148-48 Cropland: 16.1 acres CRP: 12.5 acres @ $83.42/ac. - $1,044.00/yr. – Expires: 9-30-2016 Taxes (2013):   $782.00 (Parcel ID# 71.00256.00) This is a great parcel featuring 45 acres with the Sand Hill River bordering the northeast edge and passing through the south center of the property.  16.1 acres of fantastic cropland with fantastic soils, 12.5 acres of CRP filter strips making excellent whitetail deer hunting.         PARCEL 4 Acres:   39.70 +/- Legal:   NE¼ NE¼ 5-147-48 Cropland: 38.06 +/- acres Taxes (2013):   $1,002.00 (Parcel ID# 39.00071.00) This parcel features 38.06 +/- acres of cropland with an excellent Soil Productivity Index of 92!              Loe Family, Owner   This sale is managed by Pifer's Auction Company, Kevin Pifer, MN #14-106. 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.