Sale Date: Tuesday, April 25, 2023 10:30 AM
Sale Location: Westbrook Community Center at 849 5th Street in Westbrook, MN.
From the junction of Highway 30 & Co. #7 at Westbrook, Minnesota, 5 miles north & 1/3 mile east.
The North Half (N1/2) excepting the West 1,871’ Section Five (5), Township One Hundred Seven (107) North, Range Thirty-Eight (38) West Cottonwood County, Minnesota. Cottonwood County Parcel #18.005.0100. Containing 199.00 acres more or less.
The property will be offered in half as two separate parcels (W1/2 & E1/2) & in combination as the whole 199+/- acre parcel via our multi-parcel bidding program. See property information booklet regarding the property multi-parcel division splits at www.danpikeauction.com
The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on or before June 9, 2023, with the balance being due and payable in full at closing. The farm is being sold subject to a cropland lease for 2023. The Buyer will be assigned the landlords interest in the 2023 cropland lease & 100% of the 2023 cropland lease payments upon closing. The Buyer will be granted possession once all the 2023 crops have been removed subject to the 2023 cropland lease. The sale will NOT be contingent upon any buyer financing. The Seller shall pay the first half (50%) of the 2023 real estate taxes and the buyer is responsible for the second half (50%) of the 2023 real estate taxes that are due and payable in 2023 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.
ONLINE BIDDING OPTION
Interested parties that can not attend the auction in person can use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. Buyer is responsible for understanding our multi-parcel bidding process prior to bidding. Please call at least 24 hours ahead of sale if bidding online if you have questions regarding it. For those that wish to participate, but don’t have access to an internet connection and would rather bid by phone that can be arranged as well by calling the Dan Pike Auction company at least 24 hours ahead of the auction to register and make arrangements. This property will be offered via both Live & On-line webcast public auction. Those parties bidding on-line will be required to wire transfer the earnest money and sign the purchase agreements the day of the auction. There will be NO “Buyers Premium” charged to those bidding on-line or in person.
We are very honored to have been asked to represent the Estate of Viola K. Suedbeck with the sale of this property. This is an EXCELLENT farm with tremendously productive soil types, fantastic location close to main roads and markets and it has a very nice nearly level topography. Please come prepared to purchase as the sellers have chosen the auction method to market this property. If you are considering the purchase of very good farmland to add to your investment portfolio this is an auction that you will want to attend. The information contained in this sale bill and other information provided by the sellers & their agents is believed to be correct, but is not guaranteed. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of property. The buyers shall make themselves familiar with the property and verify all information & data for themselves. The auctioneers and the sales staff are representing the seller. This auction is open to the public. We look forward to seeing everyone at the auction. Remember that the auction begins at 10:30 A.M. sharp, so don’t be late.
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