#2118 Live & Online Auction

   Add to Calendar 2021-09-24 15:00:00.000 2021-09-24 15:00:00.000 America/Chicago Land Proz Auction Sections 25 & 36 of St. Mary TWP - 308+/- Acres of Tillable Land - CPI of 92.7 - Top Notch Soil - South of Waseca, MN Sections 25 & 36 of St. Mary TWP - 308+/- Acres of Tillable Land - CPI of 92.7 - Top Notch Soil - South of Waseca, MN Greg Jensen gregjensen@landproz.com
Standard Format Auction
Sold
Type & Format:
Sold
Format:
Standard Format Auction
Acres:
325.00 ±
County:
Waseca County
State:
MN
Date:
Friday, September 24, 2021 3:00 pm CDT

325.00 Acres
Waseca County, mn
Date: Friday, September 24, 2021 3:00 pm CDT

    

 

AUCTION LOCATION

KATIE O'LEARY'S BEEF & BREW

117 2nd Ave NE, Waseca MN 56093

 

PROPERTY DESCRIPTION

This is a beautiful and big piece of land! This 325+/- acres has a great CPI of 92.7. Don't miss this great opportunity to own this farm in a good farming community. 308.7+/- acres of tillable land with top notch soils. This farm is located just South of Waseca, MN. The best land is getting harder and harder to come by and it's going to get more difficult as time passes. 

        

• CPI of 92.7

• Corn Base 294.5 / Corn Yield 142 bushels

• Real estate taxes $13,358

 

For additional information please contact LandProz Broker/Auctioneer Greg Jensen at 507-383-1067.

 

LEGAL DESCRIPTION

325+/- acres located in the S ½ of the SW ¼ in section 25, NW ¼ & W ½ of NE ¼ & NW 1/4 of NE ¼ in section 36.  All in St Mary TWP in Waseca County in MN.  Less and excepting building site & wood lots (Which will be surveyed off) 

 

TERMS

$200,000 (non-refundable) down on the day of the sale. Balance due in cash at closing, on or before November 15, 2021, OR contract for deed available with an additional $700,000 down [on 11/15/21] and the balance carried on a 15 year contract for deed. The interest rate on the first 10 years will be 3.5% and the last 5 years will be 6%. Buyer will be able to prepay in part or full on this contract at any time. There will be a 2% buyer's premium added to the purchase price. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy. 

Nearby Properties
New Listing
15.88 Acres
Waseca County, mn
View this property
New Listing
0.20 Acres
Faribault County, mn
View this property
New Listing
24.06 Acres
Rice 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?

Proof Of Funds
Auction Name
Please upload a letter from your lender, or proof of funds,
to expidite approval for this auction:
If you don't have proof of funds at this time, click 'Skip', and
the Auction Manager will contact you.
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