1,201.53± Acres, Polk County, Minnesota
Previous Page Listing ID#: 1460016

Auction Location
Erskine Community Center, 105 East Ross Avenue, Erskine, Minnesota
Auction Dates and TimesSALE IS COMPLETED
Monday Nov 28, 2022 Completed
Thursday Dec 1, 2022 Completed
Auction Type
 Live Auction with Online Bidding  VIEW ONLINE CATALOG
Company Information
Farmers National

Phone: 800-346-2650
Email: Info@FarmersNational.com
Website: www.farmersnational.com

GoToAuction.com ID#: 7942
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Listing Terms and Conditions
Minerals: All mineral interests owned by the Sellers, will be conveyed to the Buyer(s).

Taxes: Real estate taxes for 2022 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on February 1, 2023 or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by The Title Team, the closing company for both Buyer and Seller.

Contract and Title: Upon ending of auction, the high bidder(s) will enter into a real estate contract and deposit with The Title Team the required earnest payment. Seller will provide an updated abstract at Sellers expense. The cost of any escrow closing services will be equally paid by both parties. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on February 1, 2023, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of The Title Team, the closing company for both Buyer and Seller.

Sale Method: The real estate will be offered as six individual tracts, with high bidder “choice” of one tract or any combination of tracts or remaining tracts at the high bid amount. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Farmers National Company and the Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): K & L Land & Cattle, LLC

Auctioneer: Marshall Hansen #67-99

Listing Information
L-2200632

1
Tract - 1
Property Location:Tract 1: From Mentor, Minnesota junction of Highway 2 and County Road 10, one mile south, one-half mile east on 330th Street. Legal Description: Tract 1: Polk Coun...

2
Tract - 2
Property Location:Tract 2: From Mentor, Minnesota, two miles north on County Road 12, one and one-half miles east. Legal Description: Tract 2: Polk County, Grove Park-Tilden Townshi...

3
Tract - 3
Property Location:Tract 3: Three miles east of Mentor, Minnesota on Highway 2, three miles north on County Road 38, one-half mile west. Legal Description: Tract 3: Polk County, Badg...

4
Tract - 4
Property Location:Tract 4: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, one-quarter mile east. Legal Description:Tract 4: Polk County, Bader Tow...

5
Tract - 5
Property Location:Tract 5: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, two and one-quarter miles east. Legal Description: Tract 5: Polk Co...

6
Tract - 6
Property Location:Tract 6: Three miles east of Mentor, Minnesota on Highway 2, one-half mile north on County Road 38. Legal Description:Tract 6: Polk County, Badger Township, NW1/4 of Se...

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1,201.53± Acres, Polk County, Minnesota

Farmers National

Farmers National


Contact:
Phone: 800-346-2650
Sale Location
Erskine Community Center, 105 East Ross Avenue, Erskine, Minnesota
,
Sale Dates and Times
Monday Nov 28, 2022 Completed
Thursday Dec 1, 2022 Completed
Sale Terms and Conditions
Minerals: All mineral interests owned by the Sellers, will be conveyed to the Buyer(s).

Taxes: Real estate taxes for 2022 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on February 1, 2023 or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by The Title Team, the closing company for both Buyer and Seller.

Contract and Title: Upon ending of auction, the high bidder(s) will enter into a real estate contract and deposit with The Title Team the required earnest payment. Seller will provide an updated abstract at Sellers expense. The cost of any escrow closing services will be equally paid by both parties. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on February 1, 2023, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of The Title Team, the closing company for both Buyer and Seller.

Sale Method: The real estate will be offered as six individual tracts, with high bidder “choice” of one tract or any combination of tracts or remaining tracts at the high bid amount. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Farmers National Company and the Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): K & L Land & Cattle, LLC

Auctioneer: Marshall Hansen #67-99

Listing Details
L-2200632

1
Tract - 1
Property Location:Tract 1: From Mentor, Minnesota junction of Highway 2 and County Road 10, one mile south, one-half mile east on 330th Street. Legal Description: Tract 1: Polk Coun...

2
Tract - 2
Property Location:Tract 2: From Mentor, Minnesota, two miles north on County Road 12, one and one-half miles east. Legal Description: Tract 2: Polk County, Grove Park-Tilden Townshi...

3
Tract - 3
Property Location:Tract 3: Three miles east of Mentor, Minnesota on Highway 2, three miles north on County Road 38, one-half mile west. Legal Description: Tract 3: Polk County, Badg...

4
Tract - 4
Property Location:Tract 4: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, one-quarter mile east. Legal Description:Tract 4: Polk County, Bader Tow...

5
Tract - 5
Property Location:Tract 5: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, two and one-quarter miles east. Legal Description: Tract 5: Polk Co...

6
Tract - 6
Property Location:Tract 6: Three miles east of Mentor, Minnesota on Highway 2, one-half mile north on County Road 38. Legal Description:Tract 6: Polk County, Badger Township, NW1/4 of Se...

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1,201.53± Acres, Polk County, Minnesota
 Live Auction w/Online Bidding
Auction Date(s)
Monday Nov 28, 2022 Completed
Thursday Dec 1, 2022 Completed
Auction Location
Listing Terms and Conditions
Minerals: All mineral interests owned by the Sellers, will be conveyed to the Buyer(s).

Taxes: Real estate taxes for 2022 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on February 1, 2023 or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by The Title Team, the closing company for both Buyer and Seller.

Contract and Title: Upon ending of auction, the high bidder(s) will enter into a real estate contract and deposit with The Title Team the required earnest payment. Seller will provide an updated abstract at Sellers expense. The cost of any escrow closing services will be equally paid by both parties. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on February 1, 2023, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of The Title Team, the closing company for both Buyer and Seller.

Sale Method: The real estate will be offered as six individual tracts, with high bidder “choice” of one tract or any combination of tracts or remaining tracts at the high bid amount. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Farmers National Company and the Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): K & L Land & Cattle, LLC

Auctioneer: Marshall Hansen #67-99

L-2200632

1
Tract - 1
Property Location:Tract 1: From Mentor, Minnesota junction of Highway 2 and County Road 10, one mile south, one-half mile east on 330th Street. Legal Description: Tract 1: Polk Coun...

2
Tract - 2
Property Location:Tract 2: From Mentor, Minnesota, two miles north on County Road 12, one and one-half miles east. Legal Description: Tract 2: Polk County, Grove Park-Tilden Townshi...

3
Tract - 3
Property Location:Tract 3: Three miles east of Mentor, Minnesota on Highway 2, three miles north on County Road 38, one-half mile west. Legal Description: Tract 3: Polk County, Badg...

4
Tract - 4
Property Location:Tract 4: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, one-quarter mile east. Legal Description:Tract 4: Polk County, Bader Tow...

5
Tract - 5
Property Location:Tract 5: Three miles east of Mentor, Minnesota on Highway 2, two miles north on County Road 38, two and one-quarter miles east. Legal Description: Tract 5: Polk Co...

6
Tract - 6
Property Location:Tract 6: Three miles east of Mentor, Minnesota on Highway 2, one-half mile north on County Road 38. Legal Description:Tract 6: Polk County, Badger Township, NW1/4 of Se...