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2 Parcels of Carver County Farm Land - Cologne, MN

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Auction closed.
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Description:

Estate of Casper Tellers. 45.92 Acres bare land with abandoned building site, Outlot I, Seventh Addition to the City of Cologne & 67.38 Acres bare farmland in Section 19 of Dahlgren Township.
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Closed Lots
113XX 134th Street, Cologne, MN

113XX 134th Street, Cologne, MN

Lot # 1

Quantity: 46

********* (Please Note: Proxibid software only recognizes whole numbers, therefore the purchase agreement will be adjusted down .08 acres of the final bid price.)*******

- 45.92 acres of land with old building site.
- Located in the City of Cologne future development area.
- 42.12 USDA tillable acres (may be increased upon assessment).
- CPI of 93.
- Legal Description: Lot I, Village of Cologne Seventh Addition. Section 15, T-115, R-25.
- PID # 40.4460090
- 2017 Real Estate Taxes: $4,288.00 - Agricultural Non-homestead.
- Access by 30' driveway easement from 134th Street.
- Excellent opportunity for future development acres in the City of Cologne with current land rental income.
- Property includes an old barn and machine shed and may or may not have a water well on the site.
- Property sold "as is."

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: $25,000.00 per parcel non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, March 13, 2018).
Closing: Closing on this property shall take place on or before Monday, April 30, 2018. 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: $25,000.00 per parcel non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, March 13, 2018). Cash, personal, & company checks or certified funds will be accepted. Balance in full due on or before Monday, April 30, 2018, the date of closing & possession. 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. Property sells by the acre times the bid. 45.92 acres plus 6% buyers premium. Example: Total Bid price: 45.92 X $12,000 + 6% buyers premium = Purchase price: $584,102.40. 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: 2018 taxes to be paid by the buyer.
Agency Disclosure: Fahey Sales Auctioneers & Appraisers and Edina Realty represent the seller in this real estate transaction. Dual agency may apply.
Referral Fee (Broker Participation Accepted But Not Required): A $1,500 per parcel referral fee 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. Sells subject to sellers confirmation.

*Land will be available for farming operations and access prior to closing based on buyers commitment in writing.*

AUCTION BROCHURE
LOCATION MAP PARCEL #1
USDA AERIAL PARCEL #1
156 RECORD PARCEL #1
ACCESS AGREEMENT PARCEL #1
BROKER REGISTRATION FORM ...more

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Sold for: USD 7,600.00

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$7,600.00 x 46 = $349,600.00 Total
137XX Market Avenue, Cologne, MN

137XX Market Avenue, Cologne, MN

Lot # 2

Quantity: 68

********* (Please Note: Proxibid software only recognizes whole numbers, therefore the purchase agreement will be adjusted down by .62 acres of the final bid price.)*******

- 67.38 acres of bare farm land.
- Located just East of Cologne, MN.
- 65.08 USDA tillable acres.
- CPI of 56.
- Legal Description: 40 acres being the SE 1/4 of NW 1/4 and South 1/2, SW 1/4 of NW 1/4, Except N 326.70 ft. of W 400 ft. of South 1/2 of SW 1/4 of NW 1/4. Section 19, T-115, R-24.
- PID # 04.0190300
- 2017 Real Estate Taxes: $3,908.78
- Agricultural Non-homestead.
- Property being surveyed.

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: $25,000.00 per parcel non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, March 13, 2018).
Closing: Closing on this property shall take place on or before Monday, April 30, 2018. 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: $25,000.00 per parcel non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, March 13, 2018). Cash, personal, & company checks or certified funds will be accepted. Balance in full due on or before Monday, April 30, 2018, the date of closing & possession. 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. Property sells by the acre times the bid. 67.38 acres plus a 6% buyers premium. Example: Total Bid price: 67.38 X $12,000 + 6% buyers premium = Purchase price: $857,073.60. 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: 2018 taxes to be paid by the buyer.
Agency Disclosure: Fahey Sales Auctioneers & Appraisers and Edina Realty represent the seller in this real estate transaction. Dual agency may apply.
Referral Fee (Broker Participation Accepted But Not Required): A $1,500 per parcel referral fee 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. Sells subject to sellers confirmation.

*Land will be available for farming operations and access prior to closing based on buyers commitment in writing. *
AUCTION BROCHURE
LOCATION MAP PARCEL #2
USDA AERIAL PARCEL #2
156 RECORD PARCEL #2
SURVEY PARCEL #2
BROKER REGISTRATION FORM ...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 6,000.00

You've been outbid  to j****e! to YOU!

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$6,000.00 x 68 = $408,000.00 Total
IMPORTANT INFORMATION, PLEASE READ. DO NOT BID ON THIS LOT, INFORMATION ONLY.

IMPORTANT INFORMATION, PLEASE READ. DO NOT BID ON THIS LOT, INFORMATION ONLY.

Lot # 0

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