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OWNER
Sevcik
AUCTION LOCATION
LandProz.com
or
In-Person at AuctionCast Studios:
1800 Roscoe Avenue, Zumbrota MN
PROPERTY DESCRIPTION
LandProz is pleased to present the Sevcik Auction in Steele County, MN. This 45.96 +/- Acres will be offered to the public to bid their price via AuctionCast at LandProz.com
Discover an outstanding opportunity to own 45.96 +/- deeded acres offering an attractive combination of productive farmland, recreational potential, and convenient access. The property features approximately 21.54 +/- tillable acres that has been pattern tiled with an impressive 96.1 CPI, highlighting the quality and agricultural value of the land. Prominent soil types include the Reedslake-Le Sueur complex and Webster clay loam, providing a strong foundation for continued agricultural use. Beyond its productive acreage, the property offers great deer hunting opportunities, making it well suited for buyers seeking both income-producing farmland and outdoor recreation. Easy access adds to the property's versatility and convenience, whether you're looking to expand an existing farming operation, add acreage to your investment portfolio, or secure your own recreational hunting property. With real estate taxes of approximately $390, this 45.96 +/- acre tract presents an appealing opportunity to own quality Minnesota land with agricultural and recreational value.
Please contact LandProz Agent Kelly Bolin at 651-380-2857 or LandProz Broker Brian Haugen at 507-208-0791 for more information regarding this property.
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PROPERTY FEATURES
• 45.96 +/- Deeded Acres in sections 5 & 6 in Merton Township
• 21.54 +/- Tillable Acres
• Tillable acres entirely pattern tiled
• Outstanding CPI of 96.1
• Prominent Soil Types: Reedslake-Le Sueur complex & Webster clay loam
• Great deer hunting
• Potential future wind development with a favorable Wind Lease and Easement and annual development payments
• Easy access
• Real Estate Taxes: $390
TERMS & CONDITIONS
10% [non-refundable] of earnest money down on the day of the auction or mailed to LandProz Real Estate Trust: 111 East Clark St, Albert Lea, MN 56007 within 3 business days. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. This is being advertised as a reserve sale, and sellers may choose to accept or reject any and or all bids. Sellers may choose at sellers’ sole discretion during or after the auction sale to deem the reserve lifted on the tract offered and at that point the tract will be confirmed by the auctioneer. Buyers will need to provide a letter of credit or proof of funds to the auction manager or auction company prior to being approved for bidding. The closing will be on or about December 15, 2026, subject to title. There will be a 2% buyer's premium added to the final purchase price. There will be no financing contingencies. Bidding will be dollars per deeded acres of 45.96 +/- acres. The possession of the property will be at closing. Please contact the auction manager for more information. Buyers to perform their own due diligence and sellers or seller’s agent do not guarantee building or homesites as the property is being sold as-is where-is with all faults, and that seller or seller's representative is not making any warranties or representations of any nature, whether express or implied nor do any agents of seller make any warranties or representations of any nature, whether express or implied with no guarantees. Any statement made on the day of the auction takes precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.
CONFIDENTIALITY OF DUE DILIGENCE MATERIALS
As a condition of becoming a Registered Bidder and receiving access to due diligence materials concerning the Property, Bidder acknowledges and agrees that all due diligence materials furnished by Seller, Seller’s representatives, Auction Company, Broker, or their agents (the “Confidential Information”), including but not limited to wind energy agreements, easement agreements, lease agreements, payment histories, revenue information, operating information, surveys, title materials, financial records, maps, reports, correspondence, and other property-related documents, are confidential and proprietary.
Bidder shall use the Confidential Information solely for the purpose of evaluating the Property and determining whether to participate in the auction and purchase the Property.
Bidder shall not disclose, distribute, copy, reproduce, publish, transmit, or otherwise make available any Confidential Information to any person or entity except Bidder’s attorneys, accountants, lenders, financial advisors, consultants, and agents who have a legitimate need to review such information for purposes of evaluating the Property and who agree to maintain the confidentiality of such information.
Bidder shall not post, publish, or distribute any Confidential Information through any public medium, including social media, websites, marketing materials, electronic communications, or industry publications.
If Bidder elects not to purchase the Property, or upon request by Seller or Auction Company, Bidder shall promptly destroy or delete all Confidential Information and any copies thereof, except as required to be retained by law or in the ordinary course of professional recordkeeping.
Seller and Auction Company make no representation that disclosure of the Confidential Information is authorized by any third party. Bidder acknowledges that certain materials may contain confidential information belonging to third parties and agrees to maintain the confidentiality of such information.
The obligations contained in this provision shall survive the conclusion of the auction regardless of whether Bidder submits a bid or purchases the Property.
Bidder specifically agrees that any wind energy easement agreements, amendments, payment schedules, revenue statements, annual payment information, operator correspondence, and related documents provided during due diligence shall be treated as confidential information and shall not be disclosed to any third party except as expressly permitted herein.
