ALSTAD ESTATE MULTI PARCEL PRIME FARM LAND

ALSTAD ESTATE MULTI PARCEL PRIME FARM LAND

Monday, November 23, 2020  |  11:00 AM Central
Auction closed.
ALSTAD ESTATE MULTI PARCEL PRIME FARM LAND

ALSTAD ESTATE MULTI PARCEL PRIME FARM LAND

Monday, November 23, 2020  |  11:00 AM Central
Auction closed.
Internet Premium: 6%
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Description

Parcel 1: 40.78 acres +/- located in Section 15, Wang Twp, T-116-N, 38W
C.P.I. Rating = 89.9

Parcel 2: 76.62 acres +/- located in Section 14, Wang Twp, T-116-N, 38W, C.P.I. Rating = 74.6

Henslin Auctions, Inc.


(320) 365-4120
Catalog Terms of sale
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*Online buyers, please read the complete terms of the auction before you bid.*

Lot # 0 (Sale Order: 1 of 3)      

Thank you for participating in the Conrad and Blenda Alstad Land Auction. A 6% buyer's premium will apply to this sale. Two parcels will be sold- please see both parcel lot listings for more information about each. Land has been surveyed.

Auction Location:
Sacred Heart Community Center
309 1st Ave Sacred Heart, MN 

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 be 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.

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(s) will be required to sign a purchase agreement. A certified check in the amount of $30,000 for each parcel will be required on the day of the auction. These funds will be deposited in the trust account of the seller's attorney:
Homstrom & Kvam PLLP
Mr. Spencer Kvam
685 Prentice Street
Granite Falls, MN 56241
320-564-3825

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.

6% Buyer's Premium will apply to the final accepted bid and will be added to equal full contract price.

Closing:
The closing date for all parcels shall be Tuesday, January 12, 2021 or when legal documents are in order.
Land will not be tilled back
Possession of individual parcels will be granted after 2020 crop has been removed.
There is no well or septic system on the properties to the seller's knowledge for all parcels. 

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

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 7,400.00
$7,400.00 x 41 = $303,400.00
Total Bid: USD 303,400.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$7,400.00 x 41 = $303,400.00 Total

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,700.00
$5,700.00 x 77 = $438,900.00
Total Bid: USD 438,900.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$5,700.00 x 77 = $438,900.00 Total
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