Selling Price: $6,200 per acre
Sale Date: Thursday, March 30, 2023 10:00 AM
Sale Location: Lakefield American Legion at 413 Main Street Lakefield, Minnesota.
Located from Lakefield, Minnesota, 3 miles north on Highway #86 to 860th Street, then 2 miles east to Co. #15 (470th Avenue), then 1-1/2 miles north on east side of the road.
Watch for land auction signs on farm.
The West Half of the Northwest Quarter (W1/2 NW1/4) 2-103-36 Jackson County, MN. Jackson County Parcel #08.002.1000. Containing 80.43 total acres.
The property will be offered in one parcel of 80.43+/- acres.
No “Buyers Premium” will be charged - what you bid is what you will pay.
The property will be offered as 1 parcel. The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The buyer will be granted possession for the 2023 crop year. The closing shall be held on May 1, 2023 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.
ONLINE BIDDING OPTION: 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. 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.
AUCTIONEER’S NOTE: We are very honored to have been asked to represent the Koppen 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 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.