Henslin Auctions, Inc. Auction Catalog - HAROLD SWANSON TRUST MULTI-PARCEL FARMLAND Online Auctions

*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 Harold Swanson Trust Multi Parcel Farmland 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. Sugar beets have not been produced on the land in 20+ years. A down payment of $30,000 is required on each parcel. Closing will be approximately 45 days following the auction. Mr. Jon Saunders from Anderson, Larson, Hanson & Saunders (Bird Island and Willmar) will be the seller's closing attorney.

Anderson, Larson, Hanson & Saunders
Mr. Jon Saunders
145 Main Street
Bird Island, MN 55310

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.

Closing: Friday, October 21, 2020 or When Legal Documents Are In Order

Possession: Will be granted after the 2020 Crop has been removed.

Land will be sold on a multiplier of listed acres per lot. The purchase agreement will be adjusted to the exact quantity of 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 is no land lease for 2021

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.

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 impied.

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.

82.81 ACRES LOCATED IN MARTINSBURG TWP, SECTION 22, RENVILLE CO. (SOUTH OF BUILDING SITE)

Lot #1 (Sale Order 2 of 3)

C.P.I. RATING = 90.4 Winning bid will be adjusted time an actual quantity of 82.81.

$7,650.00 x 83 = $634,950.00 Total

91.08 ACRES LOCATED IN MARTINSBURG TWP, SECTION 22, RENVILLE CO. (NORTH OF BUILDING SITE)

Lot #2 (Sale Order 3 of 3)

C.P.I. RATING = 92.1, County drainage tile recently added in 2020 to this parcel! Co. Rd. 4 tar road access on the north side of this parcel. Winning bid will be adjusted time an actual quantity of 91.08.

$4,750.00 x 92 = $437,000.00 Total


HAROLD SWANSON TRUST MULTI-PARCEL FARMLAND
Real Estate > Henslin Auctions, Inc. > HAROLD SWANSON TRUST MULTI-PARCEL FARMLAND
HAROLD SWANSON TRUST MULTI-PARCEL FARMLAND
by Henslin Auctions, Inc. Thu, Sep 10, 2020 10:30 AM Central APPROX 173.89 ACRES SOLD IN 2 PARCELS LOCATED IN MARTINSBURG TWP, SECTION 22, RENVILLE CO.