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MINERAL INTEREST{"message":"In _app.tsx child of Layout","renderCount":1}
Parcel/Lot 1 - 120+/- Acres Bare Crop Land In Section 23, Walcott Township, Rice County, MN
Lot Closed
Auction by Maring Auction Co. Inc(1564)
This item is in Kenyon, MN
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Michigan's Tranquil Lake Arrowhead Community!$1,900.00Overview of Parcel/Lot 1 - 120+/- Acres Bare Crop Land In Section 23, Walcott Township, Rice County, MN
Item Details
Parcel/Lot 1 - 120+/- Acres Bare Crop Land In Section 23, Walcott Township, Rice County, MN
*** Address: 58XX 250th Street East, Faribault, MN 55021
*** Area: 120+/- Acres Of Bare Crop Land
*** Tillable Acres: Approx 95+/- Acres
*** Former PID#: 12.23.4.00001, Taxes For 2022 Based On 160 Acres Are $1,596.40
*** The Southeast Quarter Will Be Split Off Of This Farm
*** Crop Productivity Index: 76.1 Average
*** CRP Contract: There Are 11.31+/- Acres Under Contract Until September 2027, Per Acre Rate, $231.49. Rice Co. FSA Will Determine Exact CRP Acres In Parcel After Auction And Land Is Split
*** Remaining Balance Of Bare Land CRP Contract Expires September 2022.
*** This Will Make A Great Addition To Any Farming Operation For The 2023 Growing Season
*** To Be Sold By The Acre
*** Seller Will Allow 1031 Buyer Language Into The Purchase Agreement
Terms: $20,000.00 Down On Parcels 1, 2 & 4 and $10,000.00 Down On Parcel 3 The Day Of The Auction, This Earnest Monies Is Non-Fundable If Buyer Fails To Close On Said Real Estate. The Balance Is Due And Payable In Full To The Seller On Or Before December 29th, 2022; At Which Time The Buyer(s) Shall Receive Clear And Marketable Title And Possession. All Real Estate Sells In AS-IS Condition With No Warranties Or Guarantees Expressed Or Implied By The Seller Or Any Of Their Agents. There Are No Contingencies Whatsoever. The Buyer(s) Of Parcel 1 & 4 Shall Honor All USDA CRP Contracts To The Expiration Dates. All Real Estate Taxes Shall Be Pro-Rated To Date Of Closing. All Bidders And Buyers Must Have Their Finances In Order Prior To Auction Day. Broker: Maring Auction & Realty Inc., Lic# 40241191
Please contact the auction company with pre approval letters to receive your paddle number and get registered to bid. Registering prior to auction end date is preferred. If you are the successful bidder you will be emailed a purchase agreement or we will setup a meeting time to sign the purchase agreement. Please contact the auction company with any questions at 800-801-4502 or email at mmaring@citlink.net
Smits Info Packet.pdf
*** Address: 58XX 250th Street East, Faribault, MN 55021
*** Area: 120+/- Acres Of Bare Crop Land
*** Tillable Acres: Approx 95+/- Acres
*** Former PID#: 12.23.4.00001, Taxes For 2022 Based On 160 Acres Are $1,596.40
*** The Southeast Quarter Will Be Split Off Of This Farm
*** Crop Productivity Index: 76.1 Average
*** CRP Contract: There Are 11.31+/- Acres Under Contract Until September 2027, Per Acre Rate, $231.49. Rice Co. FSA Will Determine Exact CRP Acres In Parcel After Auction And Land Is Split
*** Remaining Balance Of Bare Land CRP Contract Expires September 2022.
*** This Will Make A Great Addition To Any Farming Operation For The 2023 Growing Season
*** To Be Sold By The Acre
*** Seller Will Allow 1031 Buyer Language Into The Purchase Agreement
Terms: $20,000.00 Down On Parcels 1, 2 & 4 and $10,000.00 Down On Parcel 3 The Day Of The Auction, This Earnest Monies Is Non-Fundable If Buyer Fails To Close On Said Real Estate. The Balance Is Due And Payable In Full To The Seller On Or Before December 29th, 2022; At Which Time The Buyer(s) Shall Receive Clear And Marketable Title And Possession. All Real Estate Sells In AS-IS Condition With No Warranties Or Guarantees Expressed Or Implied By The Seller Or Any Of Their Agents. There Are No Contingencies Whatsoever. The Buyer(s) Of Parcel 1 & 4 Shall Honor All USDA CRP Contracts To The Expiration Dates. All Real Estate Taxes Shall Be Pro-Rated To Date Of Closing. All Bidders And Buyers Must Have Their Finances In Order Prior To Auction Day. Broker: Maring Auction & Realty Inc., Lic# 40241191
Please contact the auction company with pre approval letters to receive your paddle number and get registered to bid. Registering prior to auction end date is preferred. If you are the successful bidder you will be emailed a purchase agreement or we will setup a meeting time to sign the purchase agreement. Please contact the auction company with any questions at 800-801-4502 or email at mmaring@citlink.net
Smits Info Packet.pdf
Payment
Please contact the auction company with pre approval letters to receive your paddle number and get registered to bid. Registering prior to auction end date is preferred. If you are the successful bidder you will be emailed a purchase agreement or we will setup a meeting time to sign the purchase agreement. Please contact the auction company with any questions at 800-801-4502 or email at mmaring@citlink.net
Terms: $20,000.00 Down On Parcels 1, 2 & 4 and $10,000.00 Down On Parcel 3 The Day Of The Auction, This Earnest Monies Is Non-Fundable If Buyer Fails To Close On Said Real Estate. The Balance Is Due And Payable In Full To The Seller On Or Before December 29th, 2022; At Which Time The Buyer(s) Shall Receive Clear And Marketable Title And Possession. All Real Estate Sells In AS-IS Condition With No Warranties Or Guarantees Expressed Or Implied By The Seller Or Any Of Their Agents. There Are No Contingencies Whatsoever. The Buyer(s) Of Parcel 1 & 4 Shall Honor All USDA CRP Contracts To The Expiration Dates. All Real Estate Taxes Shall Be Pro-Rated To Date Of Closing. All Bidders And Buyers Must Have Their Finances In Order Prior To Auction Day. Broker: Maring Auction & Realty Inc., Lic# 40241191
Wire Transfer
Auction Details
280 ACRES BARE LAND IN RICE CO., MN - SMITS TRUST930 Red Wing Ave, Kenyon, MN, 55946Tuesday, Nov 29, 2022 | 10:00 AM CST
This auction company has requested and been granted access to see all bids placed including any maximum pre-bids.
This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.
Auction House
Terms Of Sale
Terms: $20,000.00 Down On Parcels 1, 2 & 4 and $10,000.00 Down On Parcel 3 The Day Of The Auction, This Earnest Monies Is Non-Fundable If Buyer Fails To Close On Said Real Estate. The Balance Is Due And Payable In Full To The Seller On Or Before December 29th, 2022; At Which Time The Buyer(s) Shall Receive Clear And Marketable Title And Possession. All Real Estate Sells In AS-IS Condition With No Warranties Or Guarantees Expressed Or Implied By The Seller Or Any Of Their Agents. There Are No Contingencies Whatsoever. The Buyer(s) Of Parcel 1 & 4 Shall Honor All USDA CRP Contracts To The Expiration Dates. All Real Estate Taxes Shall Be Pro-Rated To Date Of Closing. All Bidders And Buyers Must Have Their Finances In Order Prior To Auction Day. Broker: Maring Auction & Realty Inc., Lic# 40241191