Rennpferd Brochure

We are pleased to present William Rennpferd Estate 113.95 ± Acres Shelby Township, Blue Earth County This property to be sold by ‘Sealed Bid Auction’ Owner: William Rennpferd Personal Representative: Jeff Boesch - Boesch Insurance Estate Attorney: Bruce Sellers - Wendland Sellers Law Office Date & Time: Wednesday, March 3, 2021 @ 10:00am Location: Snowbirds - Bonnie Rennpferd Community Center 224 State Hwy 30, Amboy, MN 56010 Note: See ‘Sealed Bid Information’ page in the back of this brochure for more details. Only registered bidders may attend. Must be registered prior to auction date. Listing Agent: Charles Wingert Office: 507-345-LAND (5263) Toll Free: 800-730-LAND (5263) Direct: 507-381-9790 Auctioneer #07-21-01 [email protected] www.WingertRealty.com • www.FarmlandMinnesota.com

State Highway Map Minneapolis SUBJECT PROPERTY Mankato 


Blue Earth County Minnesota SUBJECT PROPERTY 


Shelby Township Blue Earth County SUBJECT PROPERTY

FSA Aerial View NOTE: Line does not depict property border.

Property Photos SE corner looking NW NE corner looking SW

Property Photos NW corner looking SE SW corner looking NE

Property Information DESCRIPTION: PID# R49.22.22.200.001 - 17.19 ± acres 22.3a & 1.95a old hwy 169 row lane NE1/4 of NE1/4 ex 7.06a new hwy 169 in Section 22 T105N R28W PID# R49.22.23.101.002 - 25.03 ± acres NW1/4 of NW1/4 exc aud plat, exc radkes add, exc e2.90a, exc 2.57a & exc .5a st hwy 30 in Section 23 T105N R28W PID# R49.22.14.300.002 - 40.00 ± acres SW1/4 of SW1/4 in Section 14 T105N R28W PID# R49.22.15.400.005 - 31.73 ± acres SE1/4 of SE1/4 exc 8.27A hwy row in Section 15 T105N R28W (Shelby Twp., Blue Earth Co., MN) BUILDINGS: NONE REAL ESTATE TAXES: Total 2020 Ag Non Hmstd taxes = $5,848.00 Special Assessments = $ 479.70(Included Above) FSA INFORMATION: Total acres = 113.95 ± acres FSA Tillable acres = 112.71 ± acres Corn base acres = 58.48 ± acres Corn PLC Yield = 132.00 ± bushels Soybean base acres = 53.61 ± acres Soybean PLC Yield = 40.00 ± bushels SOIL DESCRIPTION: Marna silty clay loam, Guckeen silty clay loam, Marna-Barbert complex, and Barbert silt loam. See Soils Map. CPI: Crop Productivity Index = 89.60 TOPOGRAPHY: Level to rolling DRAINAGE: Outlets: East watershed - Judicial Ditch #38, See Judicial Ditch #38 Map. West watershed - Private 12” Main draining west. Governed by 1943 Tile Drain Agreement (Agreement will be furnished upon request). Tile: Private mains and random laterals. See Tile Map. LEASE: Property is leased for 2021 crop year for $220.00/tillable acres. HISTORY: Property has been in Rennpferd family since 1920. NRCS CLASSIFICATIONS ON TILLABLE ACRES: Exempt from conservation compliance provisions. NHEL - Non-Highly Erodible Land WINGERT REALTY & LAND SERVICES, INC. stipulates that they are representing the seller exclusively in this transaction.The information gathered for this brochure in its entirety is from sources deemed reliable, but cannot be guaranteed by Seller, Wingert Realty & Land Services, Inc., or its staff. Package is subject to prior sale, price change, correction or withdrawal. The buyer must make their own independent investigation of the property. The buyer is purchasing the property “as is”.

County Drainage Map SUBJECT PROPERTY

JD #38 Map JUDICIAL DITCH #38 Judicial Tile Outlets for Rennpferd Farm Branch Number 3: 8” Tile on 0.80 Grade Lateral ‘E’: 8” Tile on 0.30 Grade Sub Lateral 6: 8” Tile on 1.00 Grade

Tile Map This tile map is an approximation. Wingert Realty & Land Services, Inc. does not guarantee tile maps, footage, tile condition, location, size, grade or depth. Intake

TopToopgorgraapphhy yCoMntoaurps Source: USGS 10 meter dem 0ft 438ft 876ft Interval(ft): 1.0 1/19/2021 15-105N-28W Min: 1,042.0 Blue Earth County Max: 1,051.9 Range: 9.9 Minnesota Average: 1,045.7 Standard Deviation: 1.87 ft Map Center: 43° 53' 36.16, -94° 10' 16.81 Field borders provided by Farm Service Agency as of 5/21/2008.

Soils Map Soils Map State: Minnesota County: Blue Earth Location: 15-105N-28W Township: Shelby Acres: 113.53 Date: 1/19/2021 Soils data provided by USDA and NRCS. Code Soil Acres Percent PI Water Restrictive Soil Non­ Productivity Bromegrass Bromegrass Corn Oats Soybeans *n *n Irr Index alfalfa alfalfa hay NCCPI NCCPI Description of field Legend Table Layer Drainage Class Overall Corn *c  110 Marna silty 57.55 50.7% 0ft. > 6.5ft. Poorly IIw 87         77 77 clay loam, 0 34.8% to 2 percent drained slopes 8.5% 6.1% 230 Guckeen silty 39.49 1.5ft. > 6.5ft. Somewhat IIw 95         82 82 clay loam, 1 to 3 percent poorly slopes drained 997 Marna­ 9.61 0ft. > 6.5ft. Poorly IIw 85 5.5 4.2 175 87 51 80 80 Barbert complex drained 319 Barbert silt 6.88 0ft. > 6.5ft. Very poorly IIIw 86 4.8 3.7 177 83 52 85 85 loam drained Weighted Average 89.6 0.8 0.6 25.5 12.4 7.5 *n 79.5 *n 79.5 *n: The aggregation method is \"Weighted Average using all components\" *c: Using Capabilities Class Dominant Condition Aggregation Method Soils data provided by USDA and NRCS.

Soil Descriptions MARNA SERIES #110, 997 DRAINAGE AND PERMEABILITY: Poorly The Marna series consists of very deep poorly drained. The apparent seasonal high water table is drained soils that formed in a clayey glacial lacus- at 1 to 2.5 feet at some time during November to trine mantle and the underlying calcareous loamy June in most years. Surface runoff is slow. Perme- glacial till on lacustrine plains and ground mo- ability is slow. raines. These soils have slow permeability. Their slopes range from 0 to 2 percent. Mean annual GUCKEEN SERIES #230 precipitation is about 28 inches. Mean annual air The Guckeen series consists of deep moderately temperature is about 47 degrees F. well and somewhat poorly drained soils that formed in a 20 to 40 inch thick mantle of clayey TYPICAL PEDON: Marna silty clay with a glacial lacustrine sediments and in underlying nearly level slope on a lacustrine mantled till plain loamy calcareous glacial till on ground moraines or in a cultivated field. till plains. These soils have moderate and moder- ately slow permeability. They have slopes of 1 to GEOGRAPHIC SETTING: Marna soils have 18 percent. Mean annual precipitation is about 28 slightly concave to slightly convex slopes on lake inches, and mean annual temperature is about 48 plains and clayey-mantled ground moraines. Their degrees F. slopes range from 0 to 2 percent. They formed primarily in 24 to 40 inches of clayey glacial lacus- TYPICAL PEDON: Guckeen silty clay loam trine sediments and calcareous loamy glacial till. with a 2 percent slightly convex slope on a clayey The deposits are late Wisconsinan in age. The mantled ground moraine, cultivated field. climate is humid continental with warm summers and cold winters. Mean annual air temperature GEOGRAPHIC SETTING: These soils have ranges from 45 to 50 degrees F. Mean annual plane or slightly convex on nearly level to moder- precipitation ranges from 26 to 32 inches. Eleva- ately steep till plains or ground moraines. Slope tion above sea level ranges from 900 to 1200 feet. gradients are 1 to 18 percent. These soils formed Frost-free days range from 124 to 172. in a 20 to 40 inch thick mantle of clayey lacustrine sediments and in underlying loamy calcareous GEOGRAPHICALLY ASSOCIATED SOILS: glacial till or modified glacial till. These deposits These are the Kamrar, Guckeen, Brownton, and are Late Wisconsinan in age. Mean annual tem- Lura soils which are members of a hydrosequence perature is approximately 45 to 52 degrees F, and with the Marna soils. The well drained Kamrar mean annual precipitation is approximately 26 to and the moderately well drained and somewhat 32 inches. poorly drained Guckeen soils are on backslopes, shoulders and summits. The poorly drained cal- GEOGRAPHICALLY ASSOCIATED SOILS: careous Brownton soils are on nearby low rises and The main ones are the well drained Kamrar, the rims of depressions. The very poorly drained Lura poorly drained Marna, and the very poorly drained soils are in depressions and swales.

Soil Descriptions Lura soils. These soils formed in materials similar GEOGRAPHICALLY ASSOCIATED SOILS: to that of Guckeen. Kamrar soils are on higher These are the poorly drained Waldorf and Min- or more sloping terrain. Marna soils are on adja- netonka soils, the somewhat poorly and moder- cent nearly level or level terrain. Lura soils are in ately well drained Collinwood soils, and the very depressions. poorly drained Lura soils. These soils formed in sediments similar to those of Barbert soils and DRAINAGE AND PERMEABILITY: Moder- are in the same drainage sequence. The Madelia, ately well and somewhat poorly drained. Surface Kingston, Marna, and Guckeen soils are associates runoff is medium to rapid. Permeability is slow or in a few landscapes. moderately slow. DRAINAGE AND PERMEABILITY: Very BARBERT SERIES #997, 319 poorly drained. Surface runoff is slow or ponded. The Barbert series consists of very deep, very poor- Permeability is slow or moderately slow. ly drained soils that formed in clayey lacustrine sediments on glacial lake plains. These soils have slow or moderately slow permeability. Their slopes are less than 1 percent. Mean annual precipitation is about 28 inches and mean annual temperature is about 48 degrees F. TYPICAL PEDON: Barbert silt loam with a slightly concave slope of less than one percent in a slightly inset low gradient drainageway on a glacial lake plain in a cultivated field. GEOGRAPHIC SETTING: Barbert soils have plane or slightly concave slopes of less than 1 percent in small, slightly inset depressions and in long, slightly inset, low gradient, drainageways on glacial lake plains. Individual bodies of this soil are as much as 20 acres in size but principally they are in areas of 1/5 to 5 acres in size and are mapped in complexes with their associated soils. They formed in clayey lacustrine sediments that are 3 1/2 to 10 feet or more thick. These sediments are of the Des Moines lobe of the Late Wisconsin glaciation. They commonly overlie glacial till. Mean annual temperature is 45 to 50 degrees F. Mean annual precipitation is 26 to 32 inches. Elevation ranges from 900 to 1300 feet above sea level. Frost-free days range from 124 to 172.





SEALED BID AUCTION INSTRUCTIONS Sealed Bid Location and Time: Location: Snowbirds Event Center - 224 State Hwy 30, Amboy, MN 56010 Date & Time Wednesday, March 3, 2021 @ 10:00am **If you are unable to get postmarked bid in on time, call our office for other arrangements.** Sealed Bid Instructions: 1. Only registered bidders may attend. Must be registered prior to auction date. All potential bidders shall deliver or mail a sealed bid, postmarked by Friday, February 26th, 2021 to: Wingert Realty & Land Services, Inc., Attn: Charles Wingert 1160 Victory Drive So., Suite 6, Mankato, MN 56001 If you are unable to get postmarked bid in on time, call our office for other arrangements. 2. All bids must be accompanied by a $5,000 check for earnest money made out to Wingert Realty Trust Account. 3. The written bid shall state the total price for total deeded acres. 4. All persons submitting a written bid will be allowed to raise their bid after all bids have been opened. 5. The premises described herein will be sold in ‘as is, where is’ condition. 6. Seller shall pay the real estate taxes and special assessments due and payable in 2020, and receive 2020 income for land. 7. Purchaser shall pay the real estate taxes and special assessments due and payable in 2021 and beyond. Purchaser to receive 2021 lease income. 8. The successful bidder or bidders will enter into a Purchase Agreement and shall pay as earnest money 10% of the successful bid on the day of auction. 9. A 2% Buyer Premium will be added to the final bid price to arrive at the final contract price. 10. The entire balance of the purchase price, without interest, will be due and payable on Tuesday, April 6th, 2021 at which time possession & marketable title shall be conveyed. 11. All checks will be returned to unsuccessful bidder. 12. The Sellers reserve the right to reject any and all bids, to extend the bidding, and to negotiate with bidders. 13. Announcements made the day of the auction take precedence over written material. For additional information, contact: Wingert Realty & Land Services, Inc. Charles Wingert ALC, Auctioneer #07-21-01 (800) 730-LAND (5263), 507-345-LAND (5263) or 507-381-9790 Direct

REGISTRATION / BIDDING FORM Bid Submitting Instructions: • Write in your total price for total deeded acres for each parcel you would like to bid on • Write in your name, address, telephone number and e-mail address • All bids must be accompanied by a $5,000 check (this check covers any and all parcels you wish to bid on) for earnest money made out to Wingert Realty Trust Account. • Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall deliver or mail a sealed bid, postmarked by Friday, February 26th, 2021 to: Wingert Realty & Land Services, Inc., Attn: Charles Wingert 1160 Victory Drive So., Suite 6, Mankato, MN 56001 **If you are unable to get postmarked bid in on time, call our office for other arrangements.** ACRES TOTAL BID AMOUNT (Nearest $1,000) 113.95 ± $_______________ NAME:_______________________________________________________________________________ ADDRESS:____________________________________________________________________________ ____________________________________________________________________________ CITY / STATE / ZIP: ___________________________________________________________________ CELL PHONE: (_____)____________________ /RESIDENTIAL (_____)_________________________ E-MAIL ADDRESS: ____________________________________________________________________ **IF you are the successful bidder the day of the auction, we will need the following information: (NOTE: We do not need this information in order for you to place a bid.) Attorney and Lender’s: • Name • Office Name & City • Office Phone Number • Email Address

WINGERT REALTY & LAND SERVICES, INC. Serving Minnesota and Northern Iowa Toll Free 800-730-LAND (5263) • Local 507-345-LAND (5263) www.WingertRealty.com • www.FarmlandMinnesota.com Charles Wingert, ALC Darrell Hylen, ALC Past National President of Real Estate Sales & Lease Negotiation Realtors Land Institute (2013) Direct Line: 507-381-3843 Broker [email protected] Direct Line: 507-381-9790 Auctioneer # 07-21-02 [email protected] Auctioneer # 07-21-01 Nick Meixell Geoff Mead Real Estate Sales Direct Line: 507-380-7638 Real Estate Sales [email protected] Direct Line: 507-519-0994 Auctioneer # 07-20-09 [email protected] Auctioneer # 07-20-11 Adam Knewtson Richard Hauge,ALC & ARA Real Estate Sales Real Estate Sales & Appraisals Direct Line: 507-676-2970 Direct Line: 507-829-5227 [email protected] [email protected] Auctioneer # 07-20-07 Auctioneer # 64-002 Jerry Kopel All are licensed MN REALTORS® Real Estate Sales Direct Line: 507-514-0674 [email protected] Auctioneer # 52-20-019 THE LAND REPORT, the magazine of the American Landowner, has named Wingert Realty & Land Services, Inc. “America’s Best Brokerages” and “Top Auction Houses” in the U.S.A.!