Thank you for participating in the KATHERINE SCHROEER ESTATE LAND AUCTION. A 6% buyer's premium will apply to this sale. Land has been surveyed. Auction to be held at the Renville Community Center, 221 Main St. North, Renville, MN 56284

New Buyer will get possession after the 2020 crop and corn stalks have been removed.

Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller and non-refundable earnest monies will be deposited in the Seller's Closing Attorneys Trust Account.

Kraft Walser Law Office
Sene Zupke Attorney
107 North 9th St.
Olivia, MN
(320) 523-1322

Closing: Friday, November 6th or when Legal Documents are in order.

Possession: Will be granted after the 2020 Crop & Corn Stalk Bales have been removed.

Land will be sold on a multiplier of 121 deeded acres x the bid. The purchase agreement will be adjusted to a quantity of 120.46 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.

Sellers will provide a clear and marketable title. Sellers will pay usual sellers costs, state deed tax and deed preparation. Buyers will pay the usual buyer costs, such as title insurance/title opinion, recording fee for the deed and all cost associated with the financing of the purchase. No Contingencies will be allowed from the buyer on this real estate transaction

Taxes: The Real Estate Taxes and Assessments on record for 2020 will be paid by the seller. Buyers will pay taxes and assessments (if any) in 2021 and beyond.

1031 Language will be allowed to be added to the purchase agreement

There are no wells or septic systems on the property to the best of the seller's knowledge.

Sellers reserve the right to accept or reject any and all bids.

6% Buyer's Premium will apply to the final accepted bid and will be added to equal full contract price.

Henslin Auctions, Inc., Henslin Real Estate and Land, LLC. Brokerage and their agents represent the sellers and sellers alone in this transaction.


Any Announcements made at the auction, whether verbal or written from the Proxibid Agent will take precedence over any and all written material. . The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is". Buyers are purchasing the property as-is, where-is with no warranties or guarantees expressed or impied.

By placing a bid, you the buyer are agreeing to all the above terms and are legally obligated to fully execute the agreement.

Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder?s responsibility to determine condition, age, genuineness, value or any other determinative factor. Henslin Auctions, Inc. shall endeavor to describe in detail each item and any pertinent information about it.
Henslin Auctions, Inc. will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase.

Henslin Auctions, Inc. is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Henslin Auctions, Inc. or anyone else if the Internet service fails to work correctly before or during the live auction. Henslin Auctions, Inc. will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Henslin Auctions, Inc. reserves the right to withdraw or re-catalog items in this auction.

Henslin Auctions, Inc. reserves the right to suspend, pause, stop, cancel, postpone any item(s) or the entire event due to any unforeseen technical difficulties or circumstances beyond the control of both auction company and/or seller that may effect the outcome of the event. Buyers agree to hold harmless the auction company and/or the seller in any event.

Special Terms
Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction....more

C.P.I. Rating = 87.8, Bid Price is Per Acre With a Total of 120.46 Acres. 

Real Estate will be sold priced per acre (120.46) The online selling platform does not allow for decimal or fraction quantities. Online bidders please note that lot will be listed as a quantity of 121 acres but that your winning bid will be caculated to a quantity of 120.46 at the end of the sale. You are bidding PER ACRE for the actual acreage- the quantity is provided for your easy math.
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