October 26, 2026 at 10:30 A.M. --Live Public Land Auction Of 4 Tracts Of FarmLand
Listing ID#: 893673
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Luverne, IA 56156 Full Address Available on Sunday, Oct 25 |
| Sale Dates and Times |
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Monday Oct 26, 10:30 am to 12:00 pm |
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Live Auction
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| Company Information |
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Zomer Company Contact: Blake Zomer Phone: 7124602552 Email: blakzomer@gmail.com Website: https://zomercompany.com/site/ EstateSale.com ID#: 11241 View company information and listings |
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Live Public Farmland Auction Of 4 Tracts of Land In Clinton TWP, Rock County, MN!These Farms Are All Located South Of Luverne, MN And Are Adjacent To Highway 75!
Property 1: 71.32+/- AcresProperty 2: 51.83+/- AcresProperty 3: 74.37+/- AcresProperty 4: 29.46+/- Acres
Auction Date & Time: October 26, 2026 @10:30 A.M.
Auctioneers Note: The Zomer Company is honored to represent T-M Sieperda Investments, LLC in offering at auction these high quality tracts of Rock County, MN farmland! These farms have been owned for many years by the Sieperda family and the members of the LLC have made the decision to sell these tracts of farmland in order to complete a 1031 exchange with some other property! Making the decision to purchase land is making the decision to invest in an stable asset that provides an annual dividend through farming or investment and also long term appreciation!
Directions: From Luverne, MN go South on HWY 75 for 5 ½ miles to 51st St. Property 1 is located ¼ mile East on 51st on the North side of the road. Property 2 is located in the Southeast corner of the intersection of 51st & HWY 75. Property 3 is located from the HWY 75/51st Intersection approx.. ¼ mile East on 51st St on the South Side of the road. Property 4 is located from the intersection of HWY 75/51st ½ mile South on HWY 75 on the East side of HWY 75. Property’s 2, 3 & 4 are all contiguous to each other and Property 1 is located directly across the road to the North. Auction signs will be located at the property.
Auction Location: Auction to be held at the Luverne, MN golf course parking lot (1520 111th St, Luverne, MN 56156) on October 26, 2026 @10:30 A.M..
Zomercompany.com
Abbreviated Legal of Property 1: A Tract in the South ½ of the SW1/4 of Section 11, TWP 101N, Range 45W, Rock County, MN. Sold subject to wellhead protection area easement. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.
General Description of Property 1: According to the recent survey, this property contains 71.34+/- gross acres. According to FSA/survey, this farm contains approx. 68.56+/- tillable acres. This farm has a corn and soybean base combined as one farm unit with the other property’s being sold with a PLC yield of 161bu on corn and a PLC yield of 49bu on soybeans. FSA will complete a reconstitution on this farm unit due to the sale and survey split. This farm is classified as NHEL. The predominant soil types include:P24B, C2-Moody, P42A-Whitewood, P46-Trent, P16A-Graceville. According to Agri-Data this farm has a productivity index rating of 92.6 making this a very high quality tract of farmland! This farm is all tillable with the only exception being the road and the ditch! This farm is very conducive for farming with larger equipment and if you are a farmer or investor looking to purchase a high quality farm then be sure to strongly consider purchasing this farm! This farm is located a short distance from HWY 75 providing excellent access to several local grain terminals! This farm is one that checks all of the boxes including: High quality soil ratings, excellent topography, great location, great access to grain markets and long rows for easy farming with large equipment!
Abbreviated Legal of Property 2: Tract 1(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.
General Description of Property 2: According to the recent survey, this property contains 51.83+/- gross acres. According to Agri-Data/survey, this farm contains approx. 41+/- acres currently being tilled and approx.. 6.85+/- acres of grassland currently being hayed. This farm has a corn and soybean base combined as one farm unit with the other property’s being sold with a PLC yield of 161bu on corn and a PLC yield of 49bu on soybeans. FSA will complete a reconstitution on this farm unit due to the sale and survey split. This farm is currently classified as NHEL. The predominant soil types include: P24B-Moody, P5A-Calco, P42A-Whitewood, P46-Trent. According to Agri-Data this farm has a productivity index rating of 91.6 making this a very high quality tract of farmland! Currently there is no field driveway installed to this property. The county has approved the installation of a new driveway and the buyer shall be solely responsible for the installation and costs of installation of this driveway. It is rare to find an opportunity to purchase smaller tracts of farmland! Strongly consider investing in this high quality farm that has great access to HWY 75 and local grain terminals! Land with this strong of a soil rating is not often available for purchase in this area so do not hesitate to purchase this high quality farm!
Abbreviated Legal of Property 3: Tract 2(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.
General Description of Property 3: According to the recent survey, this property contains 74.37+/- gross acres. According to Agri-Data/survey, this farm contains approx. 65+/- acres currently being tilled and approx.. 8.94+/- acres of grassland currently being hayed. This farm has a corn and soybean base combined as one farm unit with the other property’s being sold with a PLC yield of 161bu on corn and a PLC yield of 49bu on soybeans. FSA will complete a reconstitution on this farm unit due to the sale and survey split. This farm is currently classified as NHEL. The predominant soil types include: P5A-Calco, P46-Trent, P24B-Moody, P42A-Whitewood, P24C2-Moody, 1024A-Havelock. According to Agri-Data this farm has a productivity index rating of 91.1 making this a very high quality tract of farmland! This is an inside tract of high quality farmland! This farm is accessible from 51st and is a short ¼ mile from HWY 75 providing great access to the farm and local grain terminals! This land has outstanding soil ratings and soil types! When purchasing land in Rock County, MN you typically want to purchase a farm with a strong soil rating and a great location with great access! This farm checks off all of those boxes!
Abbreviated Legal of Property 4: Tract 3(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.
General Description of Property 4: According to the recent survey, this property contains 29.46+/- gross acres. According to Agri-Data/survey, this farm contains approx. 24+/- acres currently being tilled and approx.. 2.26+/- acres of grassland currently being hayed. This farm has a corn and soybean base combined as one farm unit with the other property’s being sold with a PLC yield of 161bu on corn and a PLC yield of 49bu on soybeans. FSA will complete a reconstitution on this farm unit due to the sale and survey split. This farm is currently classified as NHEL. The predominant soil types include: P5A-Calco, P42A-Whitewood, P24B-Moody, P21A-Marcus, P24C2-Moody, P19A-Alcester, P46-Trent. According to Agri-Data this farm has a productivity index rating of 88 making this a very high quality tract of farmland! It is not very often that you have the opportunity to purchase a smaller tract of farmland such as this! If you are younger farmer or established operator this farm offers a tremendous opportunity to purchase a smaller tract of land or if you are a land investor or looking to begin your land investment portfolio this offers a great opportunity to begin investing in land or to build on your current land portfolio!
Taxes: The current Real Estate Taxes according to the Rock County Treasurer are approx. $3,330.00 per year on Property 1, approx.. $1,900.00 Per year on Property 2, approx.. $2,775.00 per year on Property 3 and approx.. $1,110.00 per year on Property 4. Seller will pay the taxes that are due and payable in 2026 for the 2025 assessment due and payable in 2026.
Method of Sale: Property’s will be sold with the final bid price times the gross surveyed acres of each property. Property’s will be sold in the choice method with the top bidder in the round of choice having the option to select the property of their choice or as many of the remaining property’s that are still remaining. Auction will continue in this method until all of the properties have been sold. Once a property is sold it will remain sold and will not be available to bid on again.
Possession: Buyer will receive full possession on March 1, 2027 if closing occurs prior to March 1, 2027 or on closing day if closing occurs after March 1, 2027. These farms are available to farm for the 2027 crop year.
Closing Day: Closing day shall be on or before May 5, 2027. However, the seller shall reserve the right to request that the buyer close on a 30 day notice at any time prior to May 5, 2027 if seller desires as the seller may desire to complete a 1031 exchange with the proceeds of the property which may require the sale to close earlier. Buyer shall be required to be ready to close on a 30 day notice if the seller desires to close earlier than May 5, 2027. Only the seller may trigger the requirement for the property to close on a 30 day notice prior to May 5, 2027. Closing shall not extend past May 5, 2027.
Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day. Buyer shall receive a clear and merchantable title to the property on closing day. Closing agent and escrow agent shall be Winter Title & Abstract. Title insurance shall be utilized for this transaction and cost of the owners policy shall be split 50/50 between the buyer and seller. Closing fee shall be split 50/50 between the buyer and the seller. An abstract shall not be provided. Buyer shall be solely responsible for any lender’s title insurance policy if required. Buyer shall be required to accommodate the seller with a 1031 exchange. Seller shall be responsible for all costs of the sellers 1031 exchange. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer’s due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to MN statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. If buyer delays closing, penalties may apply. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneer listed below.
Owner Name: T-M Sieperda Investments, LLCAuction Company:Zomer Company712-476-9443 –www.zomercompany.comAuctioneer: Mark Zomer-712-470-2526 -MN License # 40641381 |
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