Lot #2

Parcel/Lot 2 – 76.95 Acres of Prime Bare Ag Land, Erin Township, Rice County, MN

Opening Bid Price:
0 USD

Description

Parcel 2 – 76.95 Acres of Prime Bare Ag Land, Part of West Half of the NW 1/4 of Section 32, Erin TWP., Rice Co., MN, Rural Montgomery
*** 76.95 Acres, Just Surveyed
*** PID #: 05.32.2.25.001
*** Tillable Acres: 58.8 Acres
*** Pasture or Meadow Land: 14.80 Acres
*** CPI: 79.7, Good Clay Loam Soils
*** Some Older Drain Tile in Place
*** To Be Sold 76.95 x $ Amount Bid
*** Can be Operated in 2023 By New Owner

Open House: Saturday, March 25, 2023, from 10 AM-11:30 AM

Directions to Farm Site: From Montgomery, MN Go 3 Miles South on State
Hwy 13 to State Hwy 99, East on Hwy 99, 2 3/4 Miles or West of Faribault, MN on State Hwy 21, Hwy 21 Turns Into State Hwy 99, Continue on Hwy 99 for 2 Miles

Terms Of Real Estate: $10,000 Down On Parcel 1, $20,000 Down On Parcel 2, The Balance Is Due And Payable In Full On Or Before May 16, 2023. All Earnest Money Is Nonrefundable If Buyer’s Fail To Close And Pay Sellers In Full. At Closing The New Owner Shall Receive Possession And A Clear Marketable Title. All Real Estate Taxes Due And Payable In 2023 Shall Be Pro-Rated To Date Of Closing. Buyer’s Of Parcel 1 Shall Be Responsible For All Cost To Replace Or Upgrade Septic System. All Real Estate Is Selling In As-Is, Where-Is Condition With No Guaranties Or Warranties Expressed Or Implied By Sellers Or Any Of Their Agents. All Bidders/Buyers Must Have Their Finances In Order Prior To Auction Date. A 5% Buyer’s Fee Applies To This Auction. 5% Buyer’s Fee Shall Be Added To Final Bid Price To Equal Full Purchase Contract Price. Broker: Maring Auction & Realty Lic# 40241191

Please contact the auction company with pre approval letters to receive your paddle number and get registered to bid. Registering prior to auction end date is preferred. If you are the successful bidder you will be emailed a purchase agreement or we will setup a meeting time to sign the purchase agreement. Please contact the auction company with any questions at 800-801-4502 or email at info@maringauction.com