SOLD - $12,600 / ACRE Sauder Family 72.93+/- Acres Farmland Auction North Mankato, MN - Belgrade North Township Nicollet County, Minnesota

SOLD

Selling Price: $12,600 / Acre

Sale Date: Wednesday, September 21, 2022 10:30 AM

Sale Location: SALE LOCATION: Nicollet Minnesota American Legion 715 North Third Street in Nicollet, MN,

• Sale Bill
• Information Booklet - UPDATED 9/8/22
• Bidding Registration

Located from the junction of Highway #14 & County Road #23 at Nicollet, Minnesota approximately 5 miles southeast on Highway #14 to County Road #17 (421st Avenue) then south on County Road #17 3/4 of a mile. Farm is located on the west side of the road. Watch for auction signs.

The East Half of the Southeast Quarter (E1/2SE1/4) of Section 31, Township 109 North, Range 27, EXCEPTING THEREFROM, Kern’s Subdivision as the same is on file and of record in the office of the County Recorder of Nicollet County, Minnesota, and EXCEPTING THEREFROM, the West 225 feet of the South 581 feet of the NE1/4SE1/4 of Section 31, Township 109 North, Range 27, West of the Fifth Principal Meridian Nicollet County, Minnesota. Nicollet County Parcel #01.031.0800

The property will be offered as 1 parcel. The farm is being sold subject to a cropland lease for 2022 with the Seller’s retaining all 2022 cropland lease payments. The Buyer or Buyers 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 November 1, 2022 with the balance being due and payable in full at closing. Possession after 2022 crops removed. The sale will NOT be contingent upon any buyer financing. The Buyer is responsible for all real estate taxes and assessments 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.

AUCTIONEER’S NOTE

This is an excellent tract of bare farmland that has a very good location on a hard surface road. It has a great CPI rating and good drainage. We are very honored to have been asked to represent the Sauder family with the sale of this property. 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.

No “Buyers Premium” will be charged - what you bid is what you will pay.