KNUTSON Farmland Auction

Farm Land Auction in 413 Main Street, Lakefield Minnesota, United States

10:30 AM Friday
26
February 26th, 2016

KNUTSON Farmland Auction

Farm Land Auction in 413 Main Street, Lakefield Minnesota, United States

Friday at - 26th February , 2016

Notes

AUCTIONEERS NOTE

This is a great opportunity if you are looking for a very good farm to add to your operation or investment portfolio. We are very honored to have been asked to represent the Knutson Trust with the sale of this property. Please come prepared to purchase as the sellers have chosen the auction method to market this land. If you are considering the purchase of land 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 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.  Respectfully, Dan Pike & Associates Auction Company.

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Location has been calculated by address and may not be 100% accurate.




Auction Items For Sale

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LEGAL DESCRIPTION: Northeast Quarter except I-90 highway and except 582’ x 538’ in the Northwest Quarter of the Northeast Quarter and excepting the East 67.29 acres of the Northeast Quarter 17-102N-36W Jackson County, Minnesota. Said tract containing 65.18 acres more or less.

PROPERTY LOCATION: This farm is located 1/2 mile north & approximately 1/2 mile west of the of I-90 exit at Lakefield, Minnesota. Watch for auction signs.

AUCTION SALE TERMS

All bidders must register for a  bidding number at the auction prior to bidding.  The successful Buyer(s) at the conclusion of the auction will enter into a Purchase Agreement / Contract and shall make a 20% NON-refundable earnest money down-payment the day of the auction. The sale will NOT be contingent upon any buyer financing.  The unpaid balance shall be due and payable in full on or before April 15, 2016, when clear title is given. The buyer will have possession for 2016 crop year. The Buyer(s) shall pay all real estate taxes that are due and payable in 2016. Property is being sold “AS IS”,  Property is being sold subject to any easements including road, drainage, utility or other easements of record. 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.