Details

Real Estate Auction

Thursday, July 20th – 10:00 am

36402 15th St – Elmore, MN

This is your opportunity to own ample storage space or rental  income for machinery and grain in Faribault county!

You do not want to miss this chance!

Directions: 2.5 ml West of Elmore, MN. On 15th St.

Location of Real Estate within Fairbault County: Pilot Grove Township, Section 36

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Nice setup sitting on 6ac of land.  Many possibilities for anyone wanting to own a property that can offer income by leasing out for storage, your own farm machinery or the potential to building a residential home.  No septic, you would need to meet the county guidelines before building a home.  There is a well but, hasn’t been run for awhile.  “Selling As Is”.  Underground barrels have been removed.

Storage Sheds: 60’x 100’ Brown Pole Shed w/dirt floor & 24’ sliding door; 54’x 96’ White Pole Shed w/dirt floor & 24’ sliding door.  30’x 60’ Pole Shed w/dirt floor, new steel & roof 10yrs ago, 24’W x 12.’H overhead door. 

Quonsets:  2- 40’x 80’ machine sheds w/cement floors & have 16’W x 14’H overhead doors; 40’x 40’ machine shed w/cement floor; & overhead door is 16’W x 14’H;     New steel siding & new steel roofing installed on all quonsets in 2018.

 Grain Storage: 2 – 22,000 bu, bins; 1 – 12,000 bu, bin; 1 – 9,500 bu bin

All have aeration & unloading auger.  

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Real Estate Terms: No Buyer’s Premium. 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 non-contingent purchase agreement with the balance to be paid upon closing in 40 days. The property will be sold in “AS IS” condition. Buyer will be responsible for well.  Subject to any easements of  record. 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 he feels best serves the seller. This is a live-only auction, arrangements for absentee bidding must be made at least  2 days  before the auction. Mages Land Co & Auction Service represents the seller in this transaction.  Hope to see you there !  For appointment call Matt Mages 507-276-7002.