MULTIPLE PARCEL REAL ESTATE FARM & HUNTING LAND

MULTIPLE PARCEL REAL ESTATE FARM & HUNTING LAND

Friday, March 12, 2021  |  11:00 AM Central
Auction closed.
MULTIPLE PARCEL REAL ESTATE FARM & HUNTING LAND

MULTIPLE PARCEL REAL ESTATE FARM & HUNTING LAND

Friday, March 12, 2021  |  11:00 AM Central
Auction closed.
Internet Premium: 6%
See Special Terms for additional fees
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Description

145.2 Acres located in Section 27, Sumter Twp, McLeod Co.
Parcel 1 35.10 Acres
Parcel 2 110.10 Acres

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 3)      

Thank you for participating in the DIANE DUEHN ESTATE; MULTIPLE PARCEL REAL ESTATE MCLEOD CO. FARM & HUNTING LAND AUCTION. A 6% buyer's premium will apply to this sale.

Auction Location:
Brownton Community Center
Location: 310 2nd St N Brownton, MN 55312

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. Multiple parcel sales will be sold in the round system. Parcels will be reopened for each subsequent round until no bid advancement is made on any parcel. 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 $30,000 for Parcel 1, $10,000 for Parcel 2. These funds will be required as non-refundable earnest monies for each parcel.

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 Friday, March 12, 2021. A certified check in the amount of $30,000 for Parcel 1, $10,000 for Parcel 2 will be required on the day of the auction. These funds will be deposited in the trust account of the seller's attorney:

Gavin, Janssen, Stabenow & Moldan
Mr. Michael Gavin
1017 Hennepin Avenue North
Glenco, MN 55336
320-864-5142

Closing: Friday, April 16, 2021 or when legal documents are in order.
Immediate Possession for the 2021 Growing Season. Land will not be tilled back.

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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Bid Not Accepted!

Bid Accepted!

You've been outbid!

PASSED

You've been outbid  to YOU!

This lot was not sold.

Placing your bid. please wait...

Reserve Not Met

Parcel 1: 110.10 Acres of Prime McLeod Co. Farm Land Located in Sumter Twp

Lot # 1 (Sale Order: 2 of 3)      

Quantity: 111

Section 27, Twp-115, R-29
C.P.I. Rating on Tillable Soils = 90.4

Some of the land in Parcel 1 is enrolled in the CRP Program. Buyer will take all necessary actions to maintain eligibility in the program. Buyers will receive payments for 2021 and beyond. CRP contract is 15.23 acres at $160.02 per acre until 2023.

In the event of two separate buyers, there will be a ingress/egress access easement along the north property line of Parcel 1 to access Parcel 2 and also a drainage and tile easement from Parcel 1 to Parcel 2.
Aerial.pdf
Soils.pdf
Survey.pdf
Tile.pdf
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 6,625.00
$6,625.00 x 111 = $735,375.00
Total Bid: USD 735,375.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$6,625.00 x 111 = $735,375.00 Total

Parcel 2: 35.10 Acres of Hunting Land located in Located in Sumter Twp

Lot # 2 (Sale Order: 3 of 3)      

Quantity: 36

Section 27, Twp-115, R-29 Update: Parcel 2 will not have an Ingress/Egress access easement on the north side of Parcel 1. Access will from US 212 on the south side to hunting land.

In the event of two separate buyers, there will be a ingress/egress access easement along the north property line of Parcel 1 to access Parcel 2 and also a drainage and tile easement from Parcel 1 to Parcel 2.
Aerial.pdf
Soils.pdf
Survey.pdf
Tile.pdf
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 1,175.00
$1,175.00 x 36 = $42,300.00
Total Bid: USD 42,300.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$1,175.00 x 36 = $42,300.00 Total
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