ROBERT & ROBERTA ILLE ESTATE

150± ACRE OLMSTED COUNTY, MINNESOTA LAND AUCTION

Thursday, October 29, 2026 | 10:00 AM
American Legion | Eyota, Minnesota

Hamilton-Maring Auction Group is pleased to present this 150± acre farm located in Dover Township, Olmsted County, Minnesota, as part of the Robert & Roberta Ille Estate.

This property offers an excellent opportunity to purchase a well-located tract of southeastern Minnesota farmland. Of the 150± total acres, approximately 136± acres are tillable, providing a high percentage of productive cropland. The farm carries an overall Crop Productivity Index (CPI) of 58.9.

The property also includes approximately 4.5± acres of timberland featuring large, mature walnut trees, providing potential additional timber value along with wildlife habitat and recreational appeal.

PROPERTY HIGHLIGHTS

• 150± total acres
• 136± tillable acres
• 4.5± acres of timberland with mature walnut trees
• Located in Dover Township, Olmsted County, Minnesota
• 58.9 Crop Productivity Index (CPI)
• 2026 real estate taxes: $8,676
• Property is rented for the 2026 crop season
• Open for the 2027 rental and crop season
• Excellent location
• High percentage of tillable acreage
• Mature walnut timber offering potential additional value

Whether you are an area farmer looking to expand your operation or an investor seeking quality agricultural land, this Robert & Roberta Ille Estate farm offers an outstanding opportunity to purchase 150± acres in Olmsted County.

Live Auction: Thursday, Oct. 29th, 2026 @ 10:00 a.m.

Auction Location: Eyota American Legion - 233 S Front St SW Eyota, MN 55934

Seller: Robert & Roberta Ille Estate

Executors: Pat Loew & David Pettey

TERMS & CONDITIONS

SELLER
Robert & Roberta Ille Estate

AGENCY
HM Auction Group, LLC

REGISTRATION & BIDDING REQUIREMENTS

After selecting “Register for Auction,” please contact HM Auction Group, LLC and provide a bank pre-approval letter or proof of available funds. This documentation is required before a bidding number will be issued and you will be approved to bid on the property.

If you are the successful bidder, you will be contacted by the auction company to complete and sign a Real Estate Purchase Agreement. The Purchase Agreement must be completed within 24 hours of the close of the auction.

For questions or to submit your documentation, please email info@hmauction.com or call 507-584-0133.

TAXES

2026 real estate taxes will be paid by the Seller. 2027 real estate taxes will be the responsibility of the Buyer.

CONDITIONS

This sale is subject to all easements, restrictions of record, covenants, and leases. Each bidder is responsible for conducting their own inquiries and due diligence, at their own risk, concerning the subject property.

All property is sold AS IS – WHERE IS, with no warranties expressed or implied.

CONTRACT & TITLE

Immediately upon conclusion of the auction, the highest/winning bidder will enter into a Real Estate Purchase Agreement and provide the required earnest money to be deposited with the auction company.

Seller will provide an updated abstract or Owner’s Title Insurance Policy and clear title at Seller’s expense.

The sale is NOT contingent upon Buyer financing.

CLOSING DATE

Closing shall take place on or before December 9, 2026.

TERMS & POSSESSION

A $50,000 non-refundable earnest money deposit is required on the day of the auction. The remaining balance is due at closing, on or before December 9, 2026.

A 2% Buyer’s Premium will be added to the final bid price to determine the total purchase price.

Possession will be given to the Buyer on the day of closing.

Any statements made the day of the auction shall take precedence over any previously printed or advertised materials.

All information provided herein was obtained from sources deemed reliable; however, neither HM Auction Group, LLC nor the Seller guarantees its accuracy. Prospective buyers are encouraged to independently verify all information and conduct their own due diligence.