Details

Lorraine T. Olson Revocable Trust

Thursday, August 1st at 4:30pm

40467 521st Ave, New Ulm, MN 56073

Directions: When traveling east out of New Ulm, travel 5 miles, turn east onto Cty Ct 5 and travel an additional 6 miles. Turn north onto 521st Ave, and the farm site will be half a mile up the road on the west & east side of the road.

The search is over! This spilt farm site has everything for you! Located on approx. 10.88 ac, this farm site has multiple out buildings including a quonset shed, pole sheds, barns, grain bins with an elevator, and a 3 bedroom 2.5 bathroom house with a attached 2 stall garage. Featured on the main floor is a large living room, an eat-in-kitchen, informal dinning room, 3 bedrooms, and 2 bathrooms. The basement features a family room, a bonus office room, a half bathroom, and an additional kitchen/canning kitchen in with the utilities. Call for a showing today!

Real Estate Terms: No Buyer’s Premium on Real Estate. The buyer shall pay 5% nonrefundable earnest money down of total purchase amount on the day of the auction in the form of a check, cashiers check or U.S. currency and enter into a noncontingent purchase agreement with
the balance to be paid upon closing in 40 days. The property will be sold in “AS IS” condition. Septic & well testing will be the responsibility of the buyers. *A survey will be done prior to the date of closing. The seller or seller’s agents are not responsible for any errors in information. This is a guide. Buyers are responsible to collect their own info. Anything said the day of the auction takes precedence over written material. Seller has the right to reject any & all bids. Auctioneer has the right to run the sale however they feel best serves the seller. Mages Land Co & Auction Service represents the seller in this transaction.

*maps and acreage are approximate representations

Matt Mages

Broker & Auctioneer

Mobile: (507) 276-7002

Email: [email protected]

Auctioneers: Larry Mages, Lafayette; Joe Maidl, Lafayette; Joe Wersal, Winthrop; John Goelz, Franklin; Ryan Froehlich, Winthrop.
Broker/Clerk: Mages Land Co. & Auction Service, LLC. Not responsible for accidents at auction or during inspection. Everything sold “AS IS”. Everything to be settled immediately after the auction.