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Bidding Notice:

The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on December 4, 2024 with the balance being due and payable in full at closing. Possession shall be transferred for the 2025 crop year. The sale will NOT be contingent upon any buyer financing. The Buyer is responsible for all real estate taxes that are due ... Show More

Auction Notice:

We are very honored to have been asked to represent the Myrtle C. Shearer Trust with the sale of this outstanding farm. Please come prepared to purchase as the sellers have chosen the public auction method to market this property. If you are considering the purchase of very good farmland to add to your investment portfolio this is an auction that you will want to attend. The information contained ... Show More

Auction Information
Name Myrtle Shearer Farmland Auction
Auctioneer
Type Live Webcast Auction
Date(s) 10/30/2024
Auction Date/Time Info
10/30/24 at 10:00 a.m.
Preview Date/Time Anytime prior to auction
Checkout Date/Time 10/30/24 at 11:00 a.m.
Location
Buyer Premium 0% Buyer's Premium
Description
Myrtle C. Shearer Farmland Auction
The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on December 4, 2024 with the balance being due and payable in full at closing. Possession shall be transferred for the 2025 crop year. The sale will NOT be contingent upon any buyer financing. The Buyer is responsible for all real estate taxes that are due and payable in 2025 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction. ONLINE BIDDING OPTION Interested parties that cannot attend the auction in person can use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. Buyer is responsible for understanding our multi-parcel bidding process prior to bidding. Please call at least 24 hours ahead of sale if bidding online if you have questions regarding it. For those that wish to participate, but don’t have access to an internet connection and would rather bid by phone that can be arranged as well by calling the Dan Pike Auction company at least 24 hours ahead of the auction to register and make arrangements. This property will be offered via both Live & On-line webcast public auction. Those parties bidding on-line will be required to wire transfer the earnest money and sign the purchase agreements the day of the auction. There will be NO “Buyers Premium” charged to those bidding on-line or in person.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10.00 1.00 USD
10.01 - 50.00 2.50 USD
50.01 - 100.00 10.00 USD
100.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 15,000.00 250.00 USD
15,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 0% Buyer's Premium
Payment Terms
US Dollars
Not applicable