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Auction Date: 10/31/2024 Auction Time: 1:00 PM CT

Auction Venue Location: Community Center, 304 5th Street S, Wahpeton, ND 58075

Entire Farm Description:

This 116.5+/- acre Red River Valley farm is located in Sections 30 and 36 of Center Township in east-central Richland County about 4 miles south of Wahpeton. The two tracts consist of highly productive farmland being offered in a traditional half quarter 80+/- ac parcel and 36.5+/- ac tract. These tracts are made up of 114.83+/- FSA tillable acres with an average CPI of 80.57. Both tracts are located on the same county road about a mile apart and in close proximity to major grain markets. These tracts are under a current farm lease for the 2024 growing season and will be open tenancy starting in 2025.

Tract 1 Description:

Prime 80+/- acre piece of highly productive farmland. This tract could be a perfect addition to your current farm portfolio, investment opportunity or 1031 option. The land is currently being farmed and will be all ready to go for the next owner for the 2025 growing season. It has easy access off of a well-maintained county road and is in close proximity to major grain markets in Wahpeton and Breckenridge, MN. The land is well drained with ditches in place and is all high and dry with no wetlands.

Tract #: 1

Deeded Acres: 80+/- acres

FSA Farmland Acres: 77.58+/- acres

Soil Types: Fargo-Ryan silty clay, Fargo-Enloe complex, Clearwater-Reiss silty clay, Fargo silty clay

Soil PI/NCCPI/CSR2: 81.29

CRP Acres/payment: No CRP

Taxes: $1660.30

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenants' rights for 2024

Survey needed?: No survey needed

Brief Legal: N1/2 Nw1/4 S-36 T-132 R-48

PIDs: 17000003526000

Lat/Lon: 46.2099, -96.6495

Zip Code: 58075

Tract 2 Description:

Excellent 36.5+/- acres of highly productive farmland. This tract would be a great addition to one’s current farm operation, investment portfolio, 1031 option or potential building location. The land is currently under a farm lease for the 2024 growing season and will be open tenancy for the 2025 growing season. The land is located in close proximity to Wahpeton/ Breckenridge and major grain markets on a well-maintained county road. This land is all high and dry with no wetlands and has established drainage ditches in place.

Tract #: 2

Deeded Acres: 36.5+/- acres

FSA Farmland Acres: 37+/- acres

Soil Types: Fargo-Ryan silty clay

Soil PI/NCCPI/CSR2: 79

CRP Acres/payment: No CRP

Taxes: $542.91

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenants' rights for 2024

Survey needed?: No survey needed

Brief Legal: SE1/4 SW1/4 Exc 3.50 A S-30 T-132 R-47

PIDs: 17000003337001

Lat/Lon: 46.2106, -96.6289

Zip Code: 58075

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Highly productive farmland with an average overall CPI of 80.57

Open tenancy for 2025

Located in Center Twp 4 miles south of Wahpeton

Both tracts are a mile apart on a well-maintained county road

Excellent opportunity to add to a current farm operation, expand an investment portfolio or do a 1031 exchange

Potential building locations

All high ground with established drainage ditches

Close to major grain markets

Please visit the auctioneers website for more photos and full Terms and Conditions.