Sale Date: Tuesday, November 29, 2022 10:00 AM
Sale Location: St. James American Legion 620 1st. Avenue St. James, MN.
Multi-Parcel Farmland Public Auction.
Parcel #1 contains 160+/- acres with a 80.5 Crop Productivity Index Rating.
Parcel ##2 contain 40+/- acres with a 81.8 Crop Productivity Index Rating.
From the Highway #60 exit at County Road #12 (745th Avenue) on the east edge of St. James, Minnesota approximately 1-1/4 miles south/southeast on Co. #12 to 360th Street, then 2-1/2 miles east to 770th Avenue, then 1/2 mile south on west side of the road. Watch auction signs on the farm.
PROPERTY LEGAL DESCRIPTION
Parcel #1: N1/2 of the SE1/4 & SW1/4 of the SE1/4 & SE1/4 of the SW1/4, all in 27-106N-31W Watonwan County, MN. PID No. 10.027.0100. (160+/- acres).
Parcel #2: SE1/4 of the SE1/4 27-106N-31W Watonwan County, MN.
PID No. 10.027.0120. (40+/- acres).
METHOD OF SALE
The property will be offered as 2 separate parcels via our multi-parcel bidding program. Parcels will not be combined/offered as one combined parcel due to present ownership interests.
AUCTION SALE TERMS
The property will be offered as 2 parcels. 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 December 29, 2022 with the balance being due and payable in full at closing. 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.
Parties that do not wish to 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. 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. Owner, Auction Company or agents of the Seller are not liable for faulty / poor internet connections.
We are very honored to have been asked to represent the Edna Larson 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 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 10:00 A.M. sharp, so don’t be late.