MADSEN AUCTION - 64.40 ACRES OF PRIME FARMLAND

MADSEN AUCTION - 64.40 ACRES OF PRIME FARMLAND

Saturday, March 20, 2021  |  10:30 AM Central
Auction closed.
MADSEN AUCTION - 64.40 ACRES OF PRIME FARMLAND

MADSEN AUCTION - 64.40 ACRES OF PRIME FARMLAND

Saturday, March 20, 2021  |  10:30 AM Central
Auction closed.
Internet Premium: 6%
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Description

64.40 Acres of Prime Farmland

Located in Section 10, Thomastown Twp, Range 33, Wadena Co.

Henslin Auctions, Inc.


(320) 365-4120
Catalog Terms of sale
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**Buyers, please review the terms and conditions of the auction before bidding**

Lot # 0 (Sale Order: 1 of 2)      

Thank you for participating in the MADSEN LAND AUCTION. In Association with Mid-American Auctions, Inc.
Sauk Centre & Long Prairie, Mn.
Al Wessel
320-760-2979

A 6% buyer's premium will apply to this sale. Land sells at 10:30am. Please see our Proxibid page for the equipment auction listings that start at 11:00am.

Auction Location:
26484 Co Rd 2. (Co Rd 2 Storage Facility)
Staples, Mn 56479

On the Proxibid platform, lot will show as "Passed" when the bid is being held for each parcel. Auction company reserves the right to open lots back up at any time until all parcels are announced as sold and auction is closed. Please listen to the audio stream to stay up to date on each round of bidding. Parcels are not sold until the final announcement by the auctioneer.

On the Proxibid platform, fractioned quantities are not allowed to be used. Quantity reflects the rounded up acreage of each parcel. The Proxibid multiplier is for your quick math convenience only. Final sale will reflect the actual acreage quantity as announced by the auctioneer.

Immediately following the auction, the successful bidder will be required to sign a purchase agreement following the auction.

Buyers must present auction company with certified funds of $10,000. These funds will be required as non-refundable earnest monies.

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. There is no land lease for 2021

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

Auctioneers are representing the sellers in these transactions.

Announcements made the day of the auction will take precedence over earlier advertising.

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

The successful bidder/s will be required to sign a purchase agreement following the real estate auction on Saturday, March 20, 2021. A certified check in the amount of $10,000 will be required on the day of the auction. These funds will be deposited in the trust account of the seller's attorney:

Elite Title & Escrow, Corp.
Address: 121 4th St NE, Staples, MN 56479
(218) 541-5120

Closing: Thursday, April 22, 2021 or when legal documents are in order.
Possession will be granted after closing.

There is building eligibility on this parcel. For details, contact Wadena County Planning and Zoning (218-631-7604)

There is no well or septic system on the properties to the seller's knowledge.

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

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

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 implied.

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

Please see full auction terms tab for the complete list of terms you agree to by bidding on this auction.
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Sold for: USD 2,125.00
$2,125.00 x 64 = $136,000.00
Total Bid: USD 136,000.00

You've been outbid  to onsite! to YOU!

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$2,125.00 x 64 = $136,000.00 Total
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