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Land Auction
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Auctioneer overview
This land auction consists of 640 deeded acres selling as five parcels. Parcels 1-4 are individual land parcels and Parcel 5 is the 10-acre farmstead.
There are a total of 591.45 FSA cropland acres which includes 190.46 of CRP expiring 9/30/2022. The balance of the cropland acres will be available to farm next spring.
property breakdown
Auction Terms
*Property will be sold as five (5) parcels.
*The farmstead will be surveyed out of Section 13 at the seller’s expense after the auction.
*The 2021 real estate taxes will be paid by the seller.
*The 2022 real estate taxes will be the buyer’s responsibility.
*Property will be sold free of a cash rent contract for 2022.
*Sellers will retain 100% of the owned subsurface minerals.
*CRP contracts will be assigned to the buyer(s) at close.
*Cash at close, 45 days from signing of purchase agreement.
* 10% earnest money due sale day.
Agent Information
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Amy Nikolaisen
Auctioneer, Broker, Realtor
Amy Nikolaisen
Auctioneer, Broker, Realtor
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Tom Nikolaisen, Jr.
Auctioneer, Attorney, Realtor
Tom Nikolaisen, Jr.
Auctioneer, Attorney, Realtor
Parcel Information
Legal: SE 1/4 Section 14, T158N, R67W (Olson Twp), Towner County, ND
2020 Real Estate Taxes: $1,068.03 Deeded Acres: 160 +/- Soil Productivity Index: 54
FSA Cropland Acres: TBD CRP Acres: 12.59 acres, total payment $509.15, expires 9/30/22
Base Acres & PLC Yields (all parcels): Wheat 47.64 ac, 27 bu; Soybeans 2.1, 40 bu; Barley 47.8 ac, 44 bu; Canola 68.57 ac, 1310 lbs
**FSA will have the final determination of prorating base acres and yields.
Legal: SW 1/4 Section 12, T158N, R67W (Olson Twp), Towner County, ND
2020 Real Estate Taxes: $1,068.95 Deeded Acres: 160 +/- Soil Productivity Index: 57.5
FSA Cropland Acres: TBD CRP Acres: 23.08 acres, total payment $885.84, expires 9/30/22
Base Acres & PLC Yields (all parcels): Wheat 47.64 ac, 27 bu; Soybeans 2.1, 40 bu; Barley 47.8 ac, 44 bu; Canola 68.57 ac, 1310 lbs
**FSA will have the final determination of prorating base acres and yields.
Legal: SE 1/4 Section 12, T158N, R67W (Olson Twp), Towner County, ND
2020 Real Estate Taxes: $1,125.36 Deeded Acres: 160 +/- Soil Productivity Index: 66
FSA Cropland Acres: TBD CRP Acres: 16.84 acres, total payment $629.02, expires 9/30/22
Base Acres & PLC Yields (all parcels): Wheat 47.64 ac, 27 bu; Soybeans 2.1, 40 bu; Barley 47.8 ac, 44 bu; Canola 68.57 ac, 1310 lbs
**FSA will have the final determination of prorating base acres and yields.
Legal: NW 1/4 LESS 10 acre farmstead in Section 13, T158N, R67W (Olson Twp), Towner County, ND
2020 Real Estate Taxes: $1,044.17 Deeded Acres: 150 +/- Soil Productivity Index: 50
FSA Cropland Acres: TBD CRP Acres: 137.95, total payment $5,447.72, expires 9/30/22
Base Acres & PLC Yields (all parcels): Wheat 47.64 ac, 27 bu; Soybeans 2.1, 40 bu; Barley 47.8 ac, 44 bu; Canola 68.57 ac, 1310 lbs
**FSA will have the final determination of prorating base acres and yields.
Legal: A parcel of land in the NE 1/4 NW 1/4 Section 13, T158N, R67W (Olson Twp), Towner County, ND
2020 Real Estate Taxes: To be determined Deeded Acres: 10 +/-
House:
Year Built: 1960s (est.)
Bedrooms: 2 (on main)
Baths: 1 full (on main)
Laundry: on main (washer & dryer not included)
Basement: partial, poured & block walls, unfinished
Heat: Forced air (heating oil), [American Harvest pellet stove (not included)]
A/C: Window (not included)
Garage: Attached, single-stall garage, metal roof, overhead door with opener
Water: rural, installed 2020
Sewer: private septic drain field
Other: new laminate flooring, all updated windows (except two), masonite siding, asphalt shingles
Quonset: 40’W x 72’L, metal shell, partial concrete floor, sliding front doors are 18’W x 14’T, sliding side door (south side) is 10.5’W, 110 & 220 available
Pole Building: 32’W x 50’L, metal shell, dirt floor, sliding doors, shelving inside, no electricity
Bins: 4, steel, flat-bottom, on concrete
If the buyer of Parcel 4 does not purchase Parcel 5, then the Seller will survey Parcel 5 out and provide a new abstract for the parcel.
This auction is managed by Nikolaisen Land Company, Amy Nikolaisen, ND #951 – Tom Nikolaisen, ND #2038. Seller reserves right to accept or reject any and all offers.