LandProz is pleased to present the Arlene Knapper Trust Auction in Hancock County, IA. This farmland will be offered to the public to bid their price via LandProz AuctionCast at the landproz website. Spanning across 319 +/- acres, the Knapper Family Farmsproudly held by two generations since 1972will be offered by LandProz Real Estate in four distinct tracts, each presenting an exceptional opportunity for agricultural investment. Tract 1 encompasses 119 +/- acres, Tract 2 consists of 80 +/- acres, Tract 3 offers 40 +/- acres, and Tract 4 spans 80 +/- acres. Each tract has the advantage of county drainage mains across the farmland, enhancing both productivity and drainage capabilities. Notably, Tract 4 features a section which was pattern-tiled with 12,765 feet of tile in the spring of 2024, ensuring optimal drainage and crop health. Recent improvements include the application of lime in 2023 to Tracts 1, 2, and 4, a testament to the commitment to soil vitality and long-term yield potential. The auction will take place on Wednesday, September 10th at 3:00pm, featuring virtual live bidding. Join us in person at our Zumbrota, MN auction studio or participate online to seize this rare opportunity to make these farms part of your family's legacy. With it's rich family heritage and modern enhancements, the Knapper farms stand ready to welcome you as the next stewards for years to come.

TRACT 1

119 +/- Deeded Acres

113.14 +/- Tillable Acres

113.01 +/- Taxable Acres

CSR2 of 64.2

Prominent Soil Types: Mayer loam & Wadena loam

Lime fertilizer application in 2023

Widen field drive in 2022

24" County tile main running on south side of farm

County drainage district ditch runs along the south side

Located along B20 hard surface road

1.5 Miles north of Tracts 2,3, and 4

2023 Beans 50.39 bu/ac actual yields

2024 Corn 188 bu/ac actual yields

Real Estate Taxes: $2,722

TRACT 2

80 +/- Deeded Acres

77.87 +/- Tillable Acres

79 +/- Taxable Acres

CSR2 of 50.1

Prominent Soil Types: Wadena loam & Harcot clay loam

Lime fertilizer application in 2023

8" and 14" County tile mains running through farm

County drainage ditch butts south side

1.5 miles south off B20 hard surface road

Centrally located between opposing tracts

On 11/4/2019 the building site was leveled and well capped improving farmability

2023 Beans 47.93 bu/ac actual yields

2024 Corn 190 bu/ac actual yields

Real Estate Taxes: $1,454

TRACT 3

40 +/- Deeded Acres

34.29 +/- Tillable Acres

34.52 +/- Taxable Acres

CSR2 of 55.6

Prominent Soil Types: Harps clay loam & Okoboji mucky silt loam

16 County tile main running through farm

Deep open county dredge ditch borders south and west side of farm

2 Miles south off B20 hard surface road

Located between tract 2 and 4

2023 Corn 207.79 bu/ac actual yields

2024 Corn 158 bu/ac actual yields

Real Estate Taxes: $702

TRACT 4

80 +/- Deeded Acres

78.44 +/- Tillable Acres

78.86 +/- Taxable Acres

CSR2 of 41

Prominent Soil Types: Harcot clay loam, Houghton muck

12,750 +/- Feet of tile installed spring of 2024 to partially pattern tile farm where needed

15" and Smaller county tile mains running through north end, south end, and middle of farm

County dredge ditch forms at the SW portion of farm

Private main running east and west to dredge ditch

Buyer has rights to hook lateral lines to private tile per Zuehl Easement Book#11-2649

Located on secondary shared grass road 1/4 mile off hard surface James Avenue

2023 Corn 186.23 bu/ac actual yields

2024 Beans 47 bu/ac actual yields

Real Estate Taxes: $1186

TERMS

10% down [non-refundable] as earnest money on each tract, the day of the auction. Balance is due at closing. Closing date TBD. Farms are open for immediate possession after closing subject to the current farm lease. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.