Northwest Farm Management

Johnson-Shaokatan - SOLD

Status: Sold

Locale: County:Lincoln
State:Minnesota

Acres: 156.7 (more or less)

Price$509,275 or $3,250/acre cash. Closed on 3/19/2010



Maps Soil Aerial

Area5 miles S and 3 miles E from Hendricks, MN. or 5 miles W and 2 miles S from Ivanhoe, MN.

Approximate Legal Description: The Northeast Quarter ( NE ¼ ) Section 15 excluding 3.3 acre building site, Township 111, Range 46 (Shaokatan Twp) Lincoln County, MN.

PropertyA gently rolling, productive 156.7 acre farm with very good soils including Oak Lake, Parnell, Winger, and Singsaas silty clay loams. According to data provided by the NRCS, soils on this farm have a very high average Productivity Index of 92.9. Excellent potential for high yields on this farm.

The Farm Service Agency (FSA) tillable acreage is 139 acres.

This property has an average Crop Equivalency Rating (CER) of 62.97.

The USDA Farm Service Agency Payment Bases/Yields are as follows:

FSA Base and Yields:

Wheat 1.6 Base Ac, 31 Dir Yld, 31 CC Yld

Corn 100.6 Base Ac, 87 Dir Yld, 87 CC Yld

Soybeans 36.8 Base Ac, 28 Dir Yld, 28 CC Yld

Possession is available for the 2010 crop year and fall tillage has been completed.

Real Estate Taxes 2009 (Non Homestead): $3,417 plus $1,254.60 for a one time Ditch Assessment.

This information provided herein is received from other sources and is believed to be correct NORTHWESTERN FARM MANAGEMENT COMPANY does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.