Property offered at ONLINE ONLY auction. BIDDING OPENS: Thursday, August 4th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, August 18th, 2022 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. Parcel 1: ONLINE ONLY!!! OTTAWA COUNTY LAND AUCTION!!! 160.9+/- acres with a nice combination of native pasture, tillable land, wooded draws, and lake which boasts an abundance of wildlife and offers recreational opportunities along with income-producing agricultural production. If you have been looking for a hybrid piece of land to invest in and enjoy this is your chance. 160.9+/- acres (S02, T10, R02W, NW1/4) 7-acre lake Creek Wooded Draws Native Pasture and Tillable Well-built fence Majority of Land Class 2 and 3 Soils 8 miles east of Highway 81 12 miles northeast of Minneapolis There is an existing pasture and cropland cash lease that is in effect. Possession of the land to the buyer will be given at the end of the year. For more information, please see the farm lease download below. Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160 acre parcel was offered “by the acre” the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price if $800,000. For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres. Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Thursday, August 4th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, August 18th, 2022 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. Crops planted at the time of sale will remain with the seller. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
