#2376 Allen J McGill - Live & Online Auction

   Add to Calendar 2022-09-27 15:00:00.000 2022-09-27 15:00:00.000 America/Chicago Land Proz Auction Sections 28 & 33 of Hartland TWP - Offered as 2 Tracts - Outstanding CPI's of 93 - NW of Albert Lea, MN Sections 28 & 33 of Hartland TWP - Offered as 2 Tracts - Outstanding CPI's of 93 - NW of Albert Lea, MN Greg Jensen gregjensen@landproz.com
Standard Format Auction
Sold
Type:
Sold
Format:
Standard Format Auction
Acres:
205.17 ±
County:
Freeborn County
State:
MN
Date:
Tuesday, September 27, 2022 3:00 pm CDT

205.17 Acres
Freeborn County, MN
Date: Tuesday, September 27, 2022 3:00 pm CDT

OWNER: ALLEN J. MCGILL FARM

 

    

 

AUCTION LOCATION

Moose Lodge

1623 West Main Street, Albert Lea, MN 56007

 

PROPERTY DESCRIPTION

These 2 parcels of land are excellent with great soil types and are pattern tiled. The Wind Tower rights payment was $11,690 on February 4, 2022 with an escalation clause of 2.5% every year until the end date. New owner will receive 2023 wind payment and thereafter.  

Please contact LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information on this property.

 

TRACT 1

• 150.03 +/- Deeded acres

• 139.66 +/- Tillable acres

• CPI of 93.6

• Completely pattern tiled

• One half of Wind Tower rights and payment are also included

• Real Estate taxes $3,346

            

 

TRACT 2

• 55.14 +/- Deeded acres

• 52.10 +/- Tillable acres

• CPI of 93.8

• Pattern tiled

• Annual CRP payment of $740 [expires 2025]

• One half of Wind Tower rights and payment are also included

• Real Estate taxes $1,460

        

 

Please contact LandProz Broker & Auctioneer Greg Jensen at 507-383-1067 for more information on this property.

 

TERMS

$100,000 [non-refundable] down on each tract the day of the auction [if both are purchased by the same part, money down is $150,000 total]. Balance is due at closing, on or about November 1, 2022. Buyer will have possession for 2023 crop year. There will be a 2% buyer's premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.

Nearby Properties
Live with Online Bidding
160.00 Acres
Freeborn County, MN
View this property
Online Only Auction
12.66 Acres
Freeborn County, MN
View this property
New Listing
5.00 Acres
Waseca County, MN
View this property
View all properties

We are proud to partner with
Landproz Real Estate LLC

LandProz Real Estate, LLC | LandProz of Indiana, LLC

111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

2024 Copyright all rights reserved LandProz
Terms of Service    Privacy Policy
Auction Live

Auction Sale & Summary

Print

Bid Denied

Your bid of on has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

Bid History
Please Wait...
Choice Round Completed

Choice Round # has been finalized!

[] has won Choice Round #.

The following tracts were sold:

All tracts in this auction have been sold, the auction will be finalized shortly.

There are unsold tracts, the next round will begin shortly.

Choice Round Completed

You have won Choice Round #!

You have won the following tracts:

You will receive a detailed summary of your purchases at the completion of the entire auction.

For additional information on handling your purchase, please contact the auction manager .

CUSTOM BID

A custom bid is a one-time bid for the amount you specify below.

A custom bid by you will bid the auction up to the amount you specify below in one single bid. Use a custom bid to bid a value higher than the ask to outbid by a larger margin than just the ask.

When your bid is made, the auction will immediately increase by the whole amount below.

$

Your custom bid will require approval by the auction staff. They will be notified when you submit your custom bid.

MAX BID

A max bid is a bid that the AuctionCast system will automatically bid up to, by increment, when outbid by other bidders.

With a Max Bid, you're asking AuctionCast to bid on your behalf every time you're outbid by another bidder up to the amount you specify below.

You can cancel your Max Bid at any time.

If the current bid meets or is greater than your Max Bid, your Max Bid will be automatically cancelled.

$

Your custom bid will require approval by the auction staff. They will be notified when you submit your custom bid.

Lost Top Bid

Gained Top Bid

Lost Top Bid

A bid on Individual Tracts has made your bid for Whole Farm inactive.

To regain Top Bid, you must bid at least the ask price of:

Would you like to raise your bid?

Finalizing Choice Round

You have won round of bidding!

Your winning bid was:

You now have the choice of what lots to take for this auction. Please select your lots to take below.

The clerk has rejected your picked choices. Please contact the auction staff if you have any questions.

Your winning bid was:

The clerk has rejected your picked choices.

Your winning bid was:

Number of Tracts:
Number of Acres: ±
Subtotal:
Total Price:

Please make your picks within the next:
1:45

You may also be contacted by the auction staff shortly.

Terms of Service

To login to the site, please agree to the site Terms of Service:

LandProz / AuctionCast Terms of Service

Description
Bidding Details / Sale Details
Buyers Fees
Amount Description Fee Amount for High Bid
Sign in
Need an Account?
Or sign in with your phone number:
By continuing, you agree to our Terms of Use and Privacy & Cookie Policy.
Sign in - SMS
By continuing, you agree to our Terms of Service and Privacy & Cookie Policy.
Sign in - SMS - Verify

A verification code was sent to . Please enter the verification code to login to your account:

Outbid

Same Bid

Your bid of has been outbid.

Your bid of has been outbid due to same bid.

If two bids are placed for the same price, the bid which was placed first becomes the high bidder.

The current high bid is:

Would you like to raise your bid?

Updated Terms and Conditions

Terms and Conditions for

The Terms and Conditions for auction have been updated. You must agree to the updated Terms and Conditions to place bids on this property:

Register for Bidding

Terms and Conditions for

Auction Registration Denied

Your registration to bid has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

Auction Registration Denied

Your registration to bid has been denied.

The following explanation was given:

EXPLANATION

For additional questions, please use the chat feature to contact the auction staff.

ONE CHANCE SEALED BID AUCTION FORM
Auction Name
I/we hereby offer the following amount(s) for the parcel(s) listed below. I understand this is a private offer, and not publically disclosed:
BID
Please upload a letter from your lender, or proof of funds:
Please review your bids for the parcel(s) listed below:
File Upload
 No File Uploaded
Agreement:
Enter your name to sign this form:
Create Bidding Account
Create Bidding Account - Verify Phone Number

A verification code was sent to . Please enter the verification code to confirm your account:

A verification code was sent to . Please enter the verification code to confirm your account:

Auction Tract Bidding Completed

Bidding has completed for lot #,
you were not the high bidder.

For additional information, please contact the auction manager .

Auction Tract Bidding Completed

Bidding has completed for lot #, you are the high bidder and winner!

You will receive a detailed summary of your purchases at the completion of the entire auction.

For additional information on handling your purchase, please contact the auction manager .

User Settings
Profile detaIls are only visible to you and the auction staff.
Tell us a little about yourself
2 Factor Authentication

Additional verification is required to perform this update. A verification code was sent to . Please enter the verification code to update the user profile:

User Settings