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Norman County, MN Land Auction - 237.74± Acres
Previous Page Listing ID#: 1342675
Auction Location |
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2000 Main Ave. E West Fargo ND 58078 |
Auction Dates and Times |
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Friday Oct 29, 2021 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Steffes Group Website: www.steffesgroup.com GoToAuction.com ID#: 1852 View company information and listings |
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Listing Terms and Conditions |
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All bidders must register their name, address, and telephone number in order to receive a bidding number. Auction staff will be at the sale site approximately one hour prior to sale time. The successful bidder will be required to sign an Earnest Money Receipt and Purchase Agreement at the close of the real estate auction. A total deposit of 10% of the purchase price will be required. Those funds will be placed in the Steffes Group Auction Trust Account as good faith money until closing. Bidders who wish to bid online must register their name, address, and telephone number at least 48 hours prior to the auction in order to be approved to bid online. Purchasers who are unable to close because of insufficient funds will be in default and the deposit money will be forfeited. Balance of the purchase price must be paid in full with cashier’s check at closing on or before Tuesday, December 14th, 2021. Seller will provide up-to-date date abstracts at their expense and will convey property by Warranty Deed. 2021 Taxes to be paid by the SELLER. Subsequent taxes and or special assessments, if any, to be paid by buyer. Real Estate Taxes are subject to reassessment under new owner. Closing Agent Fee will be shared equally between Buyer and Seller. Please note the bidding will not close and property will not be sold until everyone has had the opportunity to make his or her highest and best bid. The auction sale is for registered bidders and their guests. All bidding is open to the public and the property is offered for sale to qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap. THE PROPERTY WILL BE SOLD AS IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. THE PROPERTY WILL BE SOLD SUBJECT TO OWNER CONFIRMATION. PROPERTY SOLD WITHOUT WARRANTY SUCCESSFUL BIDDER CLOSING SELLER’S PERFORMANCE AGENCY DISCLOSURE POSSESSION MINERAL RIGHTS ENVIRONMENTAL DISCLAIMER EASEMENTS AND SURVEY BIDDING PROCEDURE Purchasing the property. Purchasing the property at a price you can afford. How is this accomplished? Estimate comparative value. Experienced buyers always decide what to pay before the bidding begins. Inspect the property carefully. Compare with other properties available in the area. Check the selling price of previously sold properties. Discuss your buying plans with a lender. Have your financing arrangements made in advance. This sale is not subject to financing. AVOID OVER OR UNDER BIDDING Always bid on a property toward a price. Establish that price before the bidding begins. By doing this you will avoid getting caught up in the auction excitement and pay a price that is too high for the market or one that you cannot afford. It will also make you confident to bid to your established fair market value. Many bidders who do not plan ahead end up with regrets after the auction because they were too nervous or uncertain about their judgment to bid. THE BIDDING STRATEGY Research and know the value of the property. Have your financing arranged before the auction. Establish your highest and best bid before the bidding begins. Make your bids promptly to force other bidders up or out without delay. |
Listing Information |
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NORMAN COUNTY, MN LAND AUCTION
Land Located: from Fertile, MN, 6 miles south on Hwy. 32, 6 miles west on Co. Hwy. 5, south 1-1/2 miles on 310th St. AUCTIONEER’S NOTE: This farm is located adjacent to a well-maintained road between Ada & Fertile the way the crow flies. Both tracts are available to farm for the 2022 season. 98% of this farm is productive cropland with good flat topography. Tract 1 may present further opportunities to develop the property for aggregate materials. Join us on the 29th of October in our Arena at our West Fargo Facility for this Live On-site land auction! Simulcast internet bidding is available. FRIDAY, OCTOBER 29, 2021 AT 10:00AM Auction to be held at Steffes Group Facility, 2000 Main Ave. E, West Fargo NORMAN COUNTY, MN - SPRING CREEK TOWNSHIP Description: Sections 28 & 33, Spring Creek Township Total Acres: 237.74+ Cropland Acres: 234+ To Be Sold in 2 Tracts!
TRACT 1: Description: SE1/4 Section 28-146-45
Total Acres:160+ Cropland Acres: 156+ PID #:19-7613000 Soil Productivity Index: 66 Soils: Arveson loam (35%), Towner loamy fine sand (22%), Grimstad fine sandy loam (12%)
Taxes (2021): $1,768.00
TRACT 2: Description: 77.74+ Acre Surveyed Tract in NW1/4NW1/4 & NE1/4 NW1/4 Section 33-146-45 Total Acres:77.74+ Surveyed Acres Cropland Acres: 77.74+ PID #: Part of 19-7613000 Soils Productivity Index: 57 Soils: Hecla Loamy fine sand (43%), Ulen fine sandy loam (36%), Arveson loam (11%) Taxes (2021): $1,268.00 (Includes all PID # 19-7613000) TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days. For a detailed Buyer’s Prospectus with complete terms and conditions contact Max Steffes at Steffes Group, 701.237.9173 or 701.212.2849 James “Jimmy” R. Dale II, Owner
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