Auction Information
#2818 Olson Auction
OWNER
Chris & Melissa Olson
AUCTION LOCATION
LandProz website
or
Glenville American Legion:
331 W Main St, Glenville, MN 56036
PROPERTY DESCRIPTION
LandProz is pleased to present the Chris & Melissa Olson Farm Auction in Freeborn County, MN. This 78.07 +/- acres [Subject to Survey of Acreage] will be offered to the public to bid their price via LandProz AuctionCast at LandProz website.
This farm is nearly all tillable except for the blacktop road on the west side of the farm. This farm has a CPI of 87.3 and has some newer tile. Farms don't come up for sale very often in this Glenville-Myrtle area, here is a great opportunity to add a really good parcel of farmland.
PROPERTY FEATURES
78.07 +/- Deeded Acres [Subject to Survey of Acreage]
78.07 +/- Tillable Acres [Subject to Survey of Acreage]
CPI of 87.3
Wind rights payment $2000/yr [estimated average]
Promine...
Prominent soil types: Reedlake-Le Sueur complex & Webster clay loam
Access off blacktop road
Possession will be after the current tenant's crops are removed
Real Estate Taxes: $2,818
TERMS
$50,000 down [non-refundable] as earnest money, the day of the auction. Balance is due at closing on, or before, November 5, 2025. There will be a 3% Buyer's Premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. New owner will have possession as soon as current tenant's crops are removed. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.
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