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We are honored to offer and present for sale at auc on the

Maurice & Hilda Mitchell Estates

1080+/‐ acres of Farm & Ranch Land

Rose Hill Township of Co onwood County, Minnesota.

Double M Ranch  

FARM and RANCH 

LAND AUCTION  

Friday, January 9, 2015 at 10:00 A.M. In case of very inclement weather, please check our web site at www.danpikeauc on.com for details.  

The alternate blizzard storm date would be Friday,  January 16, 2015 @ 10:00 A.M., but please check our web site for updates! 

Sale Loca on: The auc on will be held at the Westbrook  

Community Center in Westbrook, Minnesota 

Auc on Conducted By 

Dan Pike & Associates Auc on Company 

410 Springfield Parkway Jackson, MN.  

507‐847‐3468 

www.danpikeauc on.com 

Serving auc on clients in since 1975.

UPDATED INFORMATION  

AS OF 12/2/14 

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Auction Introduction

Dan Pike Auction Company, is pleased to offer the Maurice & Hilda Mitchell Estates 1080+/- acres of Southwestern Minnesota Ranch & Farm Land for sale at public auction on Friday, January 9, 2015 at 10:00 A.M. in Westbrook, Minnesota.

This is an unprecedented opportunity to purchase good quality Southwestern Minnesota Ranch & Farm Land at public auction. This property will be offered for sale in approximately 7 separate tracts. These tracts are contiguous and could be put kept together for one large ranch farm unit or could be added as individual smaller tracts to your farming operations or your investment portfolios. These tracts offer good quality soil types that are good for conventional row crop farming practices, excellent pasture land and three improved building sites. Two of the building sites offer nice modern homes and many other improvements that are well suited for cattle production.

Auction Terms

All bidders MUST register at the auction for a bidding number with driver’s license identification. The successful bidders / buyers at the conclusion of the auction, will be required to enter into a Purchase Agreement / Contract and shall make a 20% NON-refundable earnest money down-payment the day of the auction. The sale will NOT be contingent upon any buyer financing or any other contingencies of the buyers. All unpaid contract balances shall be due and payable in full on or before March 16, 2015. Clear title will be granted upon closing. The buyer will have possession of the farmland and pastures for 2015 crop year and the building sites on July 1, 2015. The seller shall pay all real estate taxes that are due and payable in 2014 and the buyers shall pay all real estate taxes in 2015 and thereafter. All Properties are being sold “AS IS”, with no implied guarantee's or warranties whatsoever, except clear title. Property is being sold subject to any easements including road, drainage, utility or other easements of record. The buyers are solely responsible for all inspections of the properties prior to their purchase and agree that they are purchasing the properties “AS IS”. The sale of each tract of land is subject to the seller’s approval. Seller reserves the right to accept or reject any or all bids. Seller reserves the right to offer tracts in any combination or manner that will benefit the seller. Any statements made at the auction may take precedence over any printed information. The seller and auction company reserve the right to offer these properties in any combination they so desire, which may vary from advertising materials. The Dan Pike & Associates Auction Company and staff represent the sellers solely with this auction and the sale of these properties.

PROPERTY LOCATION

These properties are located from the junction of Highway #30 & County Road #7 at Westbrook, Minnesota 4 miles south and 1 mile east. See plat map and look for auction signs on County road #7.

METHOD OF SALE

The real estate will be offered as a ‘MULTI-PARCEL” auction using our multi–parcel board bidding system. There will be open bidding on all tracts during the auction. Auction procedure and increments of bidding are at the discretion of the auction company. Any announcements made by the auction company the day of the auction take precedence over any print information.

PROPERTY INSPECTION

Auction sales staff will be available on site on Friday, December 19, 2014 from 10:00 A.M. to 12:00 P.M. (Noon) for your inspection of the land and the improvements. Other inspections will be by appointment only with either Dan Pike at 507-847-3468, Murl Rupp at 507-829-3633 or Randy Eisfeld at 507-828-2440

FUTHER INFORMATION

Please review the brochure and call us or e-mail us with any questions. You can contact Dan Pike Auction Company at 507-847-3468 or www.dan@danpikeauction.com.

Disclaimer

Dan Pike Auction Co. stipulate that they are representing the seller exclusively in this transaction. With regard to any parcel splits, the calculations are estimates only. The FSA will make all final determinations after the property is transferred. The information gathered for this brochure in its entirety is from sources deemed reliable, but cannot be guaranteed by Seller & Dan Pike Auction Co., or their staffs. The buyer must make their own independent investigation of the property. The buyer is purchasing the property “AS IS”.

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Tract #1: Abbreviated Legal Description Tract #1: W1/2 of the SW1/4 & SE1/4 of the SW1/4 except the east approximately 9+/- acres 16-106-38 in Cottonwood County, MN. Containing 111+/- acres more or less. (Subject to survey).

Tract #1 2014 Real Estate Taxes: $2,162.22 (This includes the approximate 9 acres+/- in the SE1/4 SW1/4 16-108-38 that is going to be included with Tract #2)

General Description Tract #1: This is a good tract of land with approximately 96.34+/- acres of tillable farmland and a highly improved building site. The building site includes a nice 1-1/2 story farm home with attached single car garage. The home is well maintained with log siding and has recently been re-shingled. There are several outbuildings that include a 60’x120’ shop machine shed, several pole cattle barns, office with wood burning fireplace, barn, several cattle feed lots and other assorted storage and outbuildings. This building site is serviced by the rural water system.

Tract #2: Abbreviated Legal Description Tract #2: SE1/4 & the east approximate 9+/- acres of the SE1/4 of the SW1/4 16-106-38. Containing 169.00+/- acres more or less. (Subject to survey).

Tract #2 2014 Real Estate Taxes: $1,998.00 (This does not include the approximate 9+/- acres in the SE1/4 SW1/4 16-108-38)

General Description Tract #2: This farm combines both good productive tillable row crop farmland along with excellent pastureland. There is approxi-mately 95.84 acres that are under cultivation, along with approximately 65.37 acres that make up the pastureland and building site areas of the farm. There is an older building site that is part of this tract that has severed in the capacity of the cattle feed lot and bunker feed storage. There are several buildings located on this property that are well suited for cattle production.

Tract #3: Abbreviated Legal Description Tract #3: NW1/4 21-106-38 in Cottonwood County, MN. Containing 160.00+/- acres more or less.

Tract #3 2014 Real Estate Taxes: $2,790.00

General Description Tract #3: A combination of both high quality tillable row crop farm land, along with excellent pasture is what makes up this tract of land. There is approximately 93.87+/- acres tillable with the balance of the property being the pasture and feedlot area. There are approximately 61+/- acres of pasture and feedlot area with this tract. The parcels open cattle feed lot is located in the northwest corner of the farm.

Tract #4: Abbreviated Legal Description Tract #4: NE1/4 21-106-38 in Cottonwood County, MN. Containing 160.00+/- acres more or less.

Tract #4 2014 Real Estate Taxes: $2,300.00

General Description Tract #4: This tract of land consists of level to mostly gently rolling tillable farmland with approximately 139.8+/- acres tillable, with the balance in grassland & a small tree/old building site area. It has an average approximate CPI rating of 85.9

Tract #5: Abbreviated Legal Description Tract #5: SE1/4 21-106-38 in Cottonwood County, MN. Containing 160.00+/- acres more or less.

Tract #5 2014 Real Estate Taxes: $2,286.00

General Description Tract #5: A combination of both row crop tillable farmland of approximately 125+/- acres & the balance of pasture area / grassland with a small area on the east side of the tract that could be used for recreational purposes.

Tract #6: Abbreviated Legal Description Tract #6: NE1/4 20-106-38 in Cottonwood County, MN. Containing 160.00+/- acres more or less.

Tract #6 2014 Real Estate Taxes: $2,138.00

General Description Tract #6: This tract features a building site with a modern home as well as several good outbuildings that are well suited for cattle production. This level to gently rolling tract of land combines both productive tillable farmland of approximately 70.63+/- acres, along with excellent pas-tureland of approximately 77+/- acres. This tract is serviced by a private well.

Tract #7: Abbreviated Legal Description Tract #7: NW1/4 22-106-38 in Cottonwood County, MN. Containing 160.00+/- acres more or less.

Tract #3 2014 Real Estate Taxes: $3,246.00

General Description Tract #7: This farm has a level to gently rolling topography with approximately 113.22+/- acres of tillable farmland and approximate-ly 42+/- acres that are being used as pasture and older grove and building site.

All tracts that are marked with “Subject to Survey” above will be surveyed at seller’s expense, provided that they are sold & deeded to separate buyers. 

“All maps and information contained in this booklet and provided by the seller, seller’s agent & the auction company are believed to be correct but is not

guaranteed. All lines on any maps are also for informational purposes only and are not guaranteed to be the actual property boundary lines. The number of

acres of tillable and non‐tillable land is also subject to change or correction without notice. Seller and the auction company make no warranty of

guarantee as to the actual number of tillable or non‐tillable acres that may be within any of the tracts.

Buyers assume all liability for verification of data and information prior to bidding.”

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#1 

#6 

#2 

#5 

#3  #4 #7 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to be

correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be the actu‐

al property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #1

  

Tract #2

  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #3

  

Tract #4

  

Tract #5

  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #6

  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #7

  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #1  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #1  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #2  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #2  

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Tract #2  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #3  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #3  

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Tract #3  

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Tract #3  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #4  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #4  

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Tract #4  

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Tracts #4 & #5 

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #5  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #5  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #6  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #6  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #7  

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“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

Tract #7  

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Tract #7  

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Auction Notes

Tract #1: _________________________________________________

Tract #2: _________________________________________________

Tract #3: _________________________________________________

Tract #4: _________________________________________________

Tract #5: _________________________________________________

Tract #6: _________________________________________________

Tract #7: _________________________________________________

Thank you for your interest and attending the auction on behalf of Maurice & Hilda Mitchell Estates

& Dan Pike Auction Company