Our site uses cookies to optimize your experience. By continuing, you're providing your consent. Learn more by viewing our Privacy Policy.

80 Acre Eastern McLeod County MN Farm

Bidding ends Tuesday, November 29, 2016  |  7:00 PM Central
Auction closed.
Internet Premium: 6%
See Special Terms for additional fees
Share:

Description:

Includes wooded building site, wildlife, waterway and farm land! Great commuter location. North ½ of the Northeast ¼ Section 21 of Helen Township, Minnesota. Franke Family Trust, owners.
Catalog Terms of sale

Sort By:
Search Catalog:
Go to Lot:
Per Page:
Go to Page:
Viewing:
Page 1 of 1

All Items| Closed Items Displaying 1 - 2 of 2
Closed Lots
80 Acre Eastern McLeod County MN Farm

80 Acre Eastern McLeod County MN Farm

Lot # 1

Quantity: 80

WOW! What a great location for your new home.
Close to Glencoe, Glencoe Airport and Hwy 212, but private and hidden.
Just 30 minutes west of Eden Prairie!
Good farm land to use or rent.
Deer, turkeys, pheasants, and chickens??
Older, tear down house and several other buildings.
Wooded Building Site
Wildlife
Waterway
Farm Land
Great Commuter Location
Located in the North of the Northeast Section 21 of Helen Township, Minnesota.
Franke Family Trust, owners

Terms & Conditions:
Bidder Registration: Although there is no obligation to bid, all prospective buyers MUST register to bid at www.faheysales.com. For assistance in registering call 320.854.3510.
Down Payment: $20,000 non-refundable earnest money down on purchase agreement at the close of bidding (Tuesday, November 29, 2016 at 7:00 p.m.).
Closing: Remaining payment is due upon closing on or before December 28, 2016. Buyers wishing to close earlier will be accommodated.
Failure to close by the Buyer: If for any reason you are unable to complete the transaction, your down payment money will be forfeited.
Title: This property will be sold free & clear from any & all liens & encumbrances, but subject to any zoning, environmental, or other municipal, federal & state laws, easements, rights of way or other matters of record. Buyer to accept property in as-is condition.
Seller & Auctioneers Disclaimer: All announcements and updates made by the auctioneer on the website, shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding & decisions as to the high bidder will be at the direction & sole discretion of the auctioneer. The information contained in this brochure is subject to the inspection & verification by all parties relying on it; no guarantee, expressed or implied, is given of the information contained in the brochure. No liability for its accuracy, error or omissions is assumed by the owners or the agents. Property sells in as is condition. Buyer will sign an as-is addendum.
Terms: $20,000 non-refundable earnest money down on purchase agreement at the close of bidding (Tuesday, November 29, 2016). Cash, personal & company checks or certified funds will be accepted. Remaining payment is due upon closing on or before December 28, 2016. Buyers wishing to close earlier will be accommodated. Buyers to have financing arrangements made prior to bidding on the auction with no contingencies of any kind accepted in the purchase agreement. A 6% buyers premium applies to this property and shall be made part of the
purchase price. Land will be sold by the acre 80 times the bid. Example: 80 X $7,900 winning bid = $632,000.00 plus buyers premium of 6% = Sale price of $669,920.00. The sale is subject to the sellers confirmation. 1031 tax exchange language can be included in the purchase agreement at the buyers request, however, any 1031 tax exchange shall not alter the terms, conditions, or closing date of this transaction. The seller shall retain the right to lease back the barn and another storage building for up to 12 months. The buyer shall assume and honor the existing land rental contract for the 2017 crop year. The buyer shall assume the CRP contract. The seller retains the right to lease the barn on the property for a minimum of 12 months from the closing date.
Taxes: 2016 real estate taxes paid by seller.
Agency Disclosure: Fahey Sales Auctioneers & Appraisers and Edina Realty represent the seller in this real estate transaction. Dual agency may apply.
Broker Participation Accepted But Not Required: A broker referral fee $1,500 will be paid to the buyers agent that registers their client with the auction company prior to the client registering and bidding at www.faheysales.com. Broker registration form and instructions can be found there.
Auction Brochure.pdf
156 Farm Record.PDF
Soil Map.pdf
USDA Map.PDF
CRP Contract.PDF
Land Rental Contract.PDF
Property Disclosure Statements.PDF
Brokers Registration.pdf
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,000.00

You've been outbid  to l****3! to YOU!

Placing your bid. please wait...

$5,000.00 x 80 = $400,000.00 Total
DO NOT BID ON THIS LOT. INFORMATIONAL ONLY.

DO NOT BID ON THIS LOT. INFORMATIONAL ONLY.

Lot # 0

**Here are a few pointers to help your ProxiBid experience work better for you.**
The software works and looks best if you use Google Chrome or Firefox as your browser. Do not bid from a smart phone, iPad or tablet. Those items don't update as quickly as a desk top or laptop computer and it may appear you have the high bid when you actually may not. This is especially important while the auction is closing. The software has extended bidding.
If someone bids on an item in the last seconds the closing time on that item will extend for 2 minutes. That will continue on that item until there is no activity for 2 minutes.
If you are a new user or if you have a slower or unreliable internet connection, we recommend using the maximum bid feature. If you leave your maximum bid, the software will advance you as other people bid. If the bidding stops at an amount less than your maximum bid, then that is all you pay. Unlike other auction companies, we do not have access to your maximum bid, nor does anyone else.
Thank you!
...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...

Sort By:
Search Catalog:
Go to Lot:
Per Page:
Go to Page:
Viewing:
Page 1 of 1