ROBERT A. PETERSON ESTATE MULTI-PARCEL 598.50 ACRE

ROBERT A. PETERSON ESTATE MULTI-PARCEL 598.50 ACRE

Friday, September 11, 2020  |  11:00 AM Central
Auction closed.
ROBERT A. PETERSON ESTATE MULTI-PARCEL 598.50 ACRE

ROBERT A. PETERSON ESTATE MULTI-PARCEL 598.50 ACRE

Friday, September 11, 2020  |  11:00 AM Central
Auction closed.
Internet Premium: 6%
See Special Terms for additional fees
Share:

Description

598.50 Acres +/- of Pasture, Hunting, C.R.P (Farm Land) Located in Sections 29, 30 & 32, Stony Run Twp, Yellow Medicine Co. Minnesota.

Robert A. Peterson Estate & Doug Peterson, Seller
20, 29, 30 & 32, Stony Run Twp, Yellow Medicine Co. Minnesota.

Auction Location to be held at the Doug Peterson Farm
5290 Hwy 212
Granite Falls, MN 55378

Rocks that are dug up and above ground will be removed by Sept 1st of 2021.

Henslin Auctions, Inc.


(320) 365-4120
Catalog Terms of sale
Search Catalog :
Sort By :
Go to Lot :
Go to Page :
Per Page :
Pg : 1 of 1

Buyer's, Please review the terms and conditions prior to bidding and buying.

Lot # 0 (Sale Order: 1 of 4)      

Thank you for participating in the ROBERT A. PETERSON ESTATE LAND AUCTION. A 6% buyer's premium will apply to this sale.

Auction Location to be held at the Doug Peterson Farm
5290 Hwy 212 Granite Falls, MN 55378

Walk-in easement on all parcels will be null and voice upon successful closing. New buyer must re-enroll in walk-in easement plan at an annual payment of approximately $12 per acre per year.

Rocks that are dug up and above ground will be removed by Sept 1st of 2021.

Parcel 1: 218 Acres
Parcel 2: 171.5 Acres
Parcel 3: 209 Acres (190.7 acres will be a Perpetual Conservation Easement)

Auction company reserves the right to offer all parcels as one unit if it is in the best interests of the seller.

Parcels will be offered individually on every round until the bidding stops on all parcels. One bid advancement on one parcel will allow the auction company to offer all parcels again in the next round. Parcels will not to combined together in different combinations or as an entirety. If the buyer wants to purchase all parcels, said buyer must have the top accepted bid on all parcels. Bidding Number and Price will be written down and recorded per parcel and per round. Sellers reserve the right to accept or reject any and all bids on individual parcels and/or all parcels.


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.

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. A non-refundable certified check in the amount of $15,000 for each parcel will be required on the day of the auction.

Nelson, Oyen, Torvik Attorneys at Law
Janice Nelson
221 N 1st St.
Montevideo, MN 56256
(320)269-6461

Closing: Thursday, October 29, 2020 or When Legal Documents Are In Order

Possession: Will be granted after each closing

Land will be sold on a multiplier of 120 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.

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.

Sellers will pay usual seller costs, state deed tax and deed preparation. Buyers will pay for the usual buyer costs, such as title insurance/title opinion, recording fee for the deed and all costs associated with financing the purchase.

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.

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.

...more

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: 216.3 Acres

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 217

Located in Section 29 & 32 Stony Run Twp East, T-116-N, 39-W, C.R.P Pasture and Hunting Land. Rocks that are dug up and above ground will be removed by Sept 1st of 2021.

Buyer acknowledges that some of the land is enrolled in the CRP Program and will take all necessary actions to maintain eligibility. Buyers will receive the payments for 2021 and beyond. Contracts are 23.64 acres at $85.26 per acre until 2021, 1.36 acres at $114.40 per acre until 2021, 21.26 acres at $191.74 per acre until 2023.

Buyer acknowledges that some of the land is enrolled in the RIM Program and will take all necessary actions to maintain eligibility.

Access will be granted from the North on Dikes Road/30th Ave to the field road going Southwest. Access will not be allowed through the Doug Peterson Farm Site.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 1,000.00
$1,000.00 x 217 = $217,000.00
Total Bid: USD 217,000.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$1,000.00 x 217 = $217,000.00 Total

Parcel 2: 172.98 Acres

Lot # 2 (Sale Order: 3 of 4)      

Quantity: 173

Located in Sections 29 & 30 Stony Run Twp East, T-116-N, 39-W, C.R.P., Pasture and Hunting Land. Rocks that are dug up and above ground will be removed by Sept 1st of 2021.

Buyer acknowledges that some of the land is enrolled in the CRP Program and will take all necessary actions to maintain eligibility. Buyers will receive the payments for 2021 and beyond. Contract is 15.65 acres at $85.26 per acre until 2021. Also 1028 acres that came out in 2020, new buyer can see if it can be re-enrolled.

Buyer acknowledges that some of the land is enrolled in the RIM Program and will take all necessary actions to maintain eligibility.

Access will be granted from the North on Dikes Road/30th Ave to the field road going Southwest. Access will not be allowed through the Doug Peterson Farm Site.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 800.00
$800.00 x 173 = $138,400.00
Total Bid: USD 138,400.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$800.00 x 173 = $138,400.00 Total

Parcel 3: 210.1 Acres (190.7 acres will be a Perpetual Conservation Easement)

Lot # 3 (Sale Order: 4 of 4)      

Quantity: 211

Located in Sections 20, 29 & 30, Stony Run Twp East, T-116-N, 39-W, Pasture and Hunting Land. Rocks that are dug up and above ground will be removed by Sept 1st of 2021.

Buyer acknowledges that some of the land is enrolled in the RIM Program and will take all necessary actions to maintain eligibility.

Access will be granted from the North on Dikes Road/30th Ave to the field road going Southwest. Access will not be allowed through the Doug Peterson Farm Site.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 250.00
$250.00 x 211 = $52,750.00
Total Bid: USD 52,750.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$250.00 x 211 = $52,750.00 Total
Search Catalog :
Sort By :
Go to Lot :
Go to Page :
Per Page :
Pg : 1 of 1

1.178.0.771.56c32e2.13.19