ONE OF MINNESOTA'S MOST SPECTACULAR FARMS

"RED STEEPLE FARM"

THE OWNERS ARE RETIRING TO FLORIDA AND SELLING EVERYTHING

16O ACRES, 6000 SQ. FT. VICTORIAN HOME, 80,000 BUSHEL GRAIN SET-UP, HORSE RANCH, CLIMATE CONTROLLED CAR STORAGE

SAT., SEPT 27, 2008

9:30 A.M. C.S.T.

THE PRESTIGIOUS RED STEEPLE FARM IS BEING SOLD. ALL THEIR ANTIQUES AND VINTAGE COLLECTOR AUTOS WILL ALSO BE AVAILABLE AT PUBLIC AUCTION.

AUCTION LOCATION: 23273 535TH AVE., WINTHROP, MN 55396 SIBLEY COUNTY. WINTHROP IS JUST SW OF MINNEAPOLIS, MN 70 MILES.

HISTORY OF "RED STEEPLE FARM"

THE OWNERS AND SELLERS PUT YEARS OF THOUGHT, PLANNING AND RESEARCH INTO THE DESIGN OF RED STEEPLE FARM. THE SELLERS GREW UP IN THE RICH QUALITY FARM PRAIRIES OF SOUTH CENTRAL MINNESOTA (SOME OF THE BEST CROPLAND IN THE MIDWEST)

FAST FORWARD- THE SELLERS MOVED TO THE TWIN CITIES METRO AREA WHERE THEY HAD A VERY SUCCESSFUL PROFESSIONAL BUSINESS; HOWEVER THEY HAD A STRONG PASSION FOR THE QUIET, FRESH COUNTRY LIVING. IN THE EARLY 90'S THEY ACQUIRED A 160 ACRE FARM IN RURAL WINTHROP, MINNESOTA. THE OLD COUNTRY FARMSTEAD WAS A DIAMOND-IN-THE-ROUGH WITH TOWERING MATURE TREES, FLAT RICH SOILS. SEVERAL BUILDINGS WERE WORSE FOR WEAR AND THEY PUT THEIR YEARS OF PLANNING INTO GEAR. IN 1996-97 THE 6,000 SQUARE FOOT AUTHENTIC 1890'S STYLE VICTORIAN 3 STORY, 4 BEDROOM, 4 BATH HOME WITH WRAP-AROUND PORCHES, 3 FIREPLACES (ONE BEING TENNESSEE RED MARBLE) WAS BUILT USING THE HIGHEST QUALITY MATERIAL- HARDWOOD FLOORS, CHERRY WOOD CROWN MOLDING, LARGE OPEN STAIRWAYS WITH BEAUTIFUL BANISTERS. SPECIAL FEATURE INCLUDES STAINED GLASS WINDOWS WITH ELABORATE DESIGNS. THIS HOME TRULY LOOKS LIKE A 1880'S VICTORIAN COUNTRY HOME.

THE HOME ALSO HOSTS TWO 2ND LEVEL OPEN BALCONIES AND OF COURSE THE MOST NAMESAKE FEATURE, THE 3RD LEVEL STEEPLE WHICH HAS A SITTING ROOM WITH LARGE LOOKOUT WINDOWS WITH 6-8 MILE VIEW.

THIS HOME HAS ALL THE AMENITIES OF 2008- GOURMET KITCHEN, GAME ROOMS, COMPUTER ROOMS, HIGH SPEED INTERNET, LARGE LAUNDRY/MUD ROOM, MEN'S AND LADIES OFFICES/CRAFT ROOMS, IN-FLOOR HEAT, ENERGY MINDED MECHANICALS, LARGE 3-CAR ATTACHED/HEATED GARAGE.

THE SELLERS WENT TO WORK RESTORING SOME OF THE OUTBUILDINGS. THE 2-STORY BARN WAS RESTORED WITH HORSES IN MIND, HAY STORAGE IN 2ND LEVEL, TACK ROOM AND OPEN AREA IN LOWER LEVEL, AND OF COURSE A RED STEEPLE ATOP THE ROOF LINE. WOODEN BOARD FENCE AROUND 10 ACRES OF PASTURE WITH MANY SWINGING GATES.

IN THE CENTER OF THIS BUILDING SITE IS A TOTALLY RESTORED 50+ FT. WOODEN WINDMILL AND SMALL ISLAND SURROUNDED BY A GOLDFISH POND.

THE SELLER, WITH AN INTEREST IN VINTAGE CARS, BUILT A CLIMATE CONTROLLED 54'X70' SHOWROOM/STORAGE GARAGE WITH 4-ARM CAR HOIST, WITH OF COURSE, A STEEPLE ON TOP OF ROOF LINE.

HE ALSO BUILT A MACHINE SHED 60'X120' WITH ALL CONCRETE FLOORS, 16' SIDE WALLS AND TWO LARGE 30' SERVICE DOORS, AND A STEEPLE ATOP THE ROOF LINE.

THE FINAL CONSTRUCTION OF "RED STEEPLE FARM" TO BRING IT FULL CIRCLE AS AN OPERATING GRAIN FARM WAS THE GRAIN STORAGE/GRAIN DRYING FACILITY- (1) 35,000 BUSHEL AND (2) 22,000 BUSHEL G.S.I. BINS WITH FULL AERATION FLOORS AND G.S.I. AIR STREAM GRAIN DRYER WITH 4" AIR TRANSFER SYSTEM. THIS IS A GREAT INCOME PRODUCING FACILITY.

THIS ENTIRE BUILDING SITE IS SITTING ON APPROX. 20 ACRES, WHICH IS METICULOUSLY MANICURED AND LANDSCAPED WITH 300-400 TREES (MAPLES, PINE, FLOWERING TREES), FLOWER ROCK BEDS, FOUNTAINS AND 5 ACRES OF IRRIGATED LAWN SPRINKLER SYSTEM.

THE BALANCE OF THIS FARM- 140 ACRES IS OF THE HIGHEST QUALITY SOIL TYPES, VERY WELL DRAINED AND CAPABLE OF PRODUCING LARGE YIELDING CROPS. THIS FARM CAN PRODUCE AN ANNUAL INCOME OF $60,000 FROM CASH LAND RENT, GRAIN STORAGE AND DRYING. IN CLOSING, A PROPERTY OF THIS SIGNIFICANCE WAS NEVER INTENDED TO BE DESCRIBED WITH WORDS. ONLY 1 HOUR 20 MINUTES FROM MINNEAPOLIS AND ST. PAUL, MN; 20 MILES TO HUTCHINSON; 45 MILES TO MANKATO; 25 MILES TO NEW ULM. CALL FOR A 20-25 MINUTE CD OF PROPERTY 1-800-801-4502THIS FARM OFFERS LUXURY, BEAUTY, PRIVACY, AND TRANQUILITY AND IS INCOME PRODUCING.

REAL ESTATE SELLS AT 11:30 A.M  C.S.T.

** PARCEL 1 **

6000 SQ. FT. CUSTOM DESIGNED VICTORIAN STYLE HOME- 4 BEDROOM, 3 FIREPLACE, 3-STORY, 3-CAR ATTACHED GARAGE WITH 80,000 BUSHEL GRAIN SET-GRAIN DRYER, CLIMATE CONTROLLED CAR SHED, MACHINE SHED, HORSE BARN. ALL SITTING ON 25 +/- ACRES- BEAUTIFULLY LANDSCAPED. **

GO TO www.maringauction.com FOR 150 COLOR PHOTOS

** SECTION 8, TRANSIT TOWNSHIP, SIBLEY COUNTY, MINNESOTA ** ADDRESS: 23273 535TH AVE., WINTHROP, MN 55396 ** DIRECTIONS: FROM WINTHROP MINNESOTA GO NORTH ON HWY 15 - 5 MILES TO 236TH ST, EAST 1 MILE ON 236TH ST THEN NORTH ON 535TH AVE. ** AREA: 20 ACRES +/- ** HOME: 1997 VICTORIAN DESIGN, 3-LEVEL HOME (4 LEVELS WITH THE STEEPLE), 6,000 SQ. FT., 4 BEDROOM, 4-BATH, THREE FIREPLACES (TENNESSEE RED MARBLE WOOD BURNING, TWO GAS), NATURAL HARDWOOD THROUGHOUT, MANY CHERRY WOOD CABINETS, GOURMET EAT-IN KITCHEN, WRAP-AROUND OPEN PORCH, SCREENED-IN PORCH, THREE OPEN BALCONIES, OPEN BANISTER STAIRWAYS, DENS, HIS AND HERS OFFICES, CRAFT ROOM, FORMAL DINING ROOM WITH FIREPLACE, SEVERAL STAINED GLASS CUSTOM DESIGNED WINDOWS, MASTER BATH JACUZZI/WHIRLPOOL, PLUS MUCH MORE!!! ** OUTBUILDINGS: 1997 MORTON 60'X120'X16' MACHINE SHED WITH (2) 26' SERVICE DOORS, ALL CONCRETE FLOOR, 150 AMP ELECTRICAL; 1997 MORTON 54'X70' CLASSIC CAR GARAGE WITH TWO SERVICE DOORS, 4-ARM CAR HOIST, CLIMATE CONTROLLED; 36'X60' 2-STORY BARN WITH TACK ROOM, OPEN LOWER LEVEL FOR BOX STALLS; 1996-97 GRAIN BIN/DRYER SET-UP - G.S.I. 33,000 BUSHEL AND (2) 22,000 BUSHEL BINS ALL WITH FULL FLOORS AND FANS, 3,100 BUSHEL HOLDING BIN AND G.S.I. AIR STREAM CROP DRYER WITH AIR FLOW TRANSFER SYSTEM; (4) FENCED IN PASTURES WITH (2) 16'X26' HORSE SHEDS; 400-500 TREES (ASSORTMENT OF MAPLES, PINES, JAPANESE LILACS, OAKS). MANY ROCK GARDENS, WATER FOUNTAINS, FIELD STONE AND RED BRICK SIDEWAYS; WELL 270'X5" CASES; SEPTIC SYSTEM- SEPTIC TANKS WITH DRAIN FIELD. REPLACEMENT VALUE OF ALL BUILDINGS WOULD BE APPROX. $2.25 MILLION.

FOR PRIVATE SHOWING YOU MUST CALL AUCTION COMPANY

1-800-801-4502 MATT MARING AUCTION CO., INC 

** PARCEL 2 **

135 +/- ACRES OF PRIME BARE CROPLAND - PART OF SECTION 8 TRANSIT TOWNSHIP, SIBLEY COUNTY, MN. **** F.S.A. REPORT: CORN BASE 50.1 ACRES, CC YIELD 160; SOYBEAN BASE 82.40 ACRES, CC YIELD 41. THIS FARMLAND IS THE BEST OF THE BEST. WELL TILED, TOP-PRODUCING YIELDS. THIS IS A GREAT ADDITION TO ANY FARM OPERATION; OR FANTASTIC INCOME PROPERTY THROUGH CASH RENTAL. **

TERMS: $50,000.00 NONREFUNDABLE EARNEST MONEY DOWN PER PARCEL ON PURCHASE AGREEMENT AUCTION DAY. THE BALANCE IS DUE AND PAYABLE IN FULL ON OR BEFORE NOVEMBER 15, 2008 AT WHICH TIME THE SELLERS SHALL DELIVER TO THE BUYERS A FREE AND CLEAR TITLE, BUT SUBJECT TO ANY AND ALL STATE, FEDERAL, MUNICIPAL LAWS, EASEMENT, RIGHT OF WAYS OR ANY RECORD OF MATTER. POSSESSION SHALL BE ON THE DATE OF CLOSING FOR PARCEL 1. PARCEL 2 SHALL BE ON COMPLETION OF REMOVAL OF ALL EMBLEMENTS OR JANUARY 1, 2009. SELLER IS TO PAY ALL REAL ESTATE TAXES DUE AND PAYABLE IN THE YEAR OF 2008. ALL PARCELS ARE SELLING IN AS-IS CONDITION. ALL STATE AND FEDERAL REQUIRED REAL ESTATE DISCLOSURE SHALL BE AVAILABLE TO BUYER(S)/BIDDER(S). 1031 TAX EXCHANGE LANGUAGE CAN BE INCLUDED TO ANY OR ALL PURCHASE AGREEMENT; HOWEVER SHALL NOT ALTER ANY SET TERMS OF REAL ESTATE AUCTION. A 5% (FIVE PERCENT) BUYER'S FEE APPLIES TO THIS REAL ESTATE AUCTION, WHICH SHALL BE ADDED ABOVE AND BEYOND THE FINAL BID PRICE TO EQUAL FULL PURCHASE CONTRACT PRICE.

RED STEEPLE FARM

23273 535TH AVE WINTHROP, MN. 55396

MARING AUCTION CO., INC

MATT MARING, LIC.#25-28  KENYON, MN  

** 1-800-801-4502 OFFICE ** 1-507-951-8354 CELL **