Thursday at - 04th March , 2021
BURKE COUNTY, ND - 260+ ACRES
TIMED ONLINE LAND AUCTION
Land Located: T1: 2 miles west of Jct. ND Hwy. 5 & Hwy. 40 near Columbus, ND T2: approx. 7 miles north of Columbus, ND adjacent to the US/Canadian border. Land may be inaccessible during winter months.
AUCTIONEER'S NOTE: This land auction features two tracts of land including cropland and CRP! Tract 1 is located west of Columbus, ND along the highway and includes a cell phone tower with a generous annual lease payment. The new buyer will assume this lease and future payments. Tract 2 is adjacent to the international border and is enrolled into CRP through 2027 with over $3,000 in annual income. This land is available to farm for the 2021 season.
OPENS: THURSDAY, MARCH 4 AT 8:00AM
CLOSES: THURSDAY, MARCH 4 AT 12:00PM
BURKE COUNTY, ND – SHORT CREEK & FORTHUN TOWNSHIPS
Description: SW1/4 LESS 3.07A RR RW Section 36-163-94, Gov’t Lot 1 Section 25-164-94, & Gov’t Lots 3 & 4 Section 30-164-93
Total Acres: 260+
Cropland Acres: 225+
To Be Sold In 2 Tracts!
TRACT 1:
Description: SW1/4 LESS 3.07A RR RW Section 36-163-94
Total Acres: 153+
Cropland Acres: 140+
Tillable Cropland Acres: 109+
CRP Cropland Acres: 31.40+
31.40+AC @ $26.80/AC or $842 annually. Expires 09/30/2022
PID #: 06449000
Soil Productivity Index: 54.3
Soils: Miranda-Noonan loams (55%), Noonan-Niobell loams (19%), Williams-Zahl complex (7%)
Taxes (2020): $558.86
NO US Fish & Wildlife Easements
Tower Lease Income (2021 Payment): $7,935 annually through 2024.
3rd 5 year renewal term Payment: $9,125/yr.
4th 5 year renewal term Payment: $10,494/yr.
As of February 2021, the tower lease has been amended. The amendment gives the option to extend through 2054 and also contains a 10% Revenue Share on revenue
TRACT 2:
Description: Gov’t Lot 1 Section 25-164-94 & Gov’t Lots 3 & 4 Section 30-164-93
Total Acres: 107+
CRP Cropland Acres: 84.3+
84.3+AC @ $39.36/AC or $3,318 annually. Expires 09/30/2027
PID #’s: 06184000 & 06451000
Taxes (2020): $412.63
NO US Fish & Wildlife Easements
TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days.
For a detailed Buyer’s Prospectus with complete terms and conditions contact our office at 701.237.9173; or Max Steffes, 701.212.2849; or Terry Moe, 701.580.2426 at Steffes Group
Dakota Grain Exchange, LLC
Daniel Durick, Owner
TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.
International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.
WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com www.IQBID.com
CORPORATE OFFICE
Steffes Auctioneers Inc.
2000 Main Avenue East
West Fargo ND 58078-2210
Phone: (701) 237-9173
(701) 237-9173
Toll Free: (800) 726-8609(800) 726-8609
Fax: (701) 237-0976
E-Mail: [email protected] [email protected]
AUCTIONEER LICENSES
Scott Steffes ND81 & MN14-51
Bob Steffes ND82 & MN14-09
Brad Olstad ND319 & MN14-70
Clark Sather ND463 & MN54-05
REAL ESTATE MARKETING
Scott Steffes, Broker
Rodney Steffes, Licensed Sales Associate
Geri Paul, Licensed Sales Associate
Ashley Huhn, Licensed Sales Associate
LITCHFIELD OFFICE
Steffes Auctioneers Inc
24400 MN Highway 22 South
Litchfield, MN 55355
Phone: (320) 693-9371(320) 693-9371
Fax: (320) 693-9373
Email: [email protected]
AUCTIONEER LICENSES
Eric Gabrielson, MN47-006, ND890
Ashley Huhn, MN47-002, ND843
Randy Kath, MN47-001, ND894
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