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154.66 Acres Southern Meeker County MN Farm

Auction closed.
Auction closed.
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Description:

Includes 139.74 acres tillable farm land, woods, wildlife! Hwy frontage on State Hwy 22 and County Hwy 18.
Catalog Terms of sale
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154.66 Acres Southern Meeker County Farm Land

154.66 Acres Southern Meeker County Farm Land

Lot # 1      

Quantity: 155

********** (Please Note: Proxibid software only recognizes whole numbers, therefore the purchase agreement will be adjusted down by .34 acres of the final bid price.)*******

  • 139.74 acres tillable farm land
  • Woods
  • Wildlife
Legal Description: North 1/2 of the NE 1/4 and North 1/2 of the NW 1/4, except 3 acres and except Hwy.  Section 31, Township 118, Range 30
PID: #08-0387000 and #08-0389000
Deeded Acres: 154.66 total deeded acres, 139.74 USDA tillable acres., CPI 75.50 West half, 78.20 East half
2016 real estate taxes: $5,960.00 (Agricultural non-homestead)

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: $25,000 non-refundable earnest money down on purchase agreement at the close of bidding (Tuesday, November 29, 2016 at 1:00 p.m.)
Closing: Split closing. Half of sale price due on or before December 28, 2016. The second half due on or before January 13, 2017. 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: $25,000 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. Split closing. Half of sale price due on or before December 28, 2016. The second half due on or before January 13, 2017. Buyers wishing to close early 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 154.66 times the bid. Example: 154.66 X $4,000 winning bid = $618,640.00 plus buyers premium of 6% = Sale price of $655,758.40. 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.
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 of $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
USDA Map.PDF
Brokers Registration.pdf
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Sold for: USD 4,100.00

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

Placing your bid. please wait...

$4,100.00 x 155 = $635,500.00 Total
DO NOT BID ON THIS LOT. INFORMATIONAL ONLY.

DO NOT BID ON THIS LOT. INFORMATIONAL ONLY.

Lot # 0      

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