Metal Grain Bin
Lot #2
Item: 48e2-1343965

Silver Lake, MN

This Lot is:

Closed

Thu, Mar 2, 2017 8:46pm CST

High Bidder: #254765

Current Bid:

$430.00

Next Required Bid: $455.00

Location / Contact:
9657 180th Street, Silver Lake, MN 55381
Phone: 320-327-2622

Lot Description:

Here is a metal grain bin, perfect for a smaller farm operation.  It is in usable condition and ready to add storage to your site.  It measures 10' tall plus the roof.  It is approx. 57 feet around.  This entire structure must be removed by the end end of March, successful bidder will have access to the property to work as needed.  ALL ITEMS MUST BE REMOVED AND GROUNDS LEFT CLEAR BY THE LAST DAY OF MARCH 2017.  A signed liability waiver will be required prior to removal of all items.  The cement  foundation does not need to be removed but left clean above.

ALL ITEMS MUST BE REMOVED AND GROUNDS LEFT CLEAR BY THE LAST DAY OF MARCH 2017.  A signed liability waiver will be required prior to removal of all items.  Lot 1 will require a $200.00 security deposit which will be returned when the site is cleared.

Inspection

Auction Closing:

Thu, Mar 02, 2017
08:45 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Discounted Buyer's PremiumRegular Buyer's PremiumCap
10.00% 13.00%$3,250.00


This auction is contracted and managed by: New and Used Sale

Manager: Jeff Krueger


This auction is contracted and managed by New and Used Sales  By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.  Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase. There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP). Applicable Minnesota Sales Tax will be collected. At the close of the auction active items will remain open until no bids have been received for three minutes. IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. Buyer is responsible for all loading and rigging and must bring sufficient help and equipment to load.  Auctioneer, New And Used Sale, LLC, or removal location owner are not liable for injuries or damage during removal.  At the time the winning bidder pays the invoice in full, ownership of the asset and risk of loss passes immediately to the bidder.  If a winning bidder pays the invoice in full, but does not take possession of the assets immediately, ownership and risk of loss will still transfer to the bidder.  If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid. Please contact Jeff at 320-327-2622 with any questions about this auction prior to bidding. All invoices must be paid in full within 4 days of the auction close date, please contact Jeff at 320-327-2622 For arrangements.  All items MUST BE REMOVED AND SITE LEFT CLEAN BY THE LAST DAY OF MARCH, 2017.  Buyer will be required to sign a liability waiver prior to beginning removal.  Lot 1 will require a $200.00 security deposit to be returned once the grounds are clear. Items that are not PAID with a credit card over the phone or other means within 4 days of the auction close date will be considered no show and abandoned. We accept Cash, All Major Credit Cards either in person or by phone, Cashier's Checks, Money Orders, Personal Checks under $100.00 with ID.    


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



9657 180th Street
Silver Lake
MN, 55381


Phone: 320-327-2622

Buyer is responsible to remove all items by the last day of March, 2017 and leave the grounds clean and clear of debris.

Bid History

42 Bid(s)
Bidder Placed High Bid
254765 ^
Mar 02 08:51pm
$430.00
225790
Mar 02 08:51pm
$405.00
254765
Mar 02 08:48pm
$380.00
225790
Mar 02 08:48pm
$355.00
254765 ^
Mar 02 08:47pm
$330.00
225790
Mar 02 08:47pm
$305.00
254765
Mar 02 08:46pm
$280.00
127445
Mar 02 08:46pm
$255.00
254765 ^
Mar 02 08:45pm
$245.00
127445
Mar 02 08:45pm
$235.00
254765
Mar 02 08:44pm
$225.00
127445
Mar 02 08:44pm
$215.00
254765
Mar 02 08:43pm
$205.00
127445
Mar 02 08:37pm
$195.00
225790
Mar 02 08:34pm
$185.00
34297 ^
Mar 02 07:34pm
$175.00
193013
Mar 02 07:34pm
$165.00
34297 ^
Mar 02 07:26pm
$155.00
193013
Mar 02 07:26pm
$150.00
34297
Mar 02 06:58pm
$145.00
225790 ^
Mar 02 06:57pm
$140.00
34297
Mar 02 06:57pm
$140.00
225790
Mar 02 05:53pm
$135.00
175725
Mar 02 04:08pm
$130.00
225790 ^
Feb 27 12:33pm
$125.00
34297
Feb 27 12:33pm
$125.00
225790
Feb 26 05:45pm
$120.00
59932
Feb 26 10:09am
$115.00
225790
Feb 25 05:27pm
$110.00
127445
Feb 24 10:51am
$105.00
225790
Feb 15 09:01pm
$100.00
184571 ^
Feb 13 10:50pm
$76.00
111027
Feb 13 10:50pm
$75.00
184571 ^
Feb 13 10:49pm
$51.00
111027
Feb 13 10:49pm
$50.00
184571 ^
Feb 13 07:04am
$23.00
92417
Feb 13 07:04am
$22.00
184571 ^
Feb 12 04:26pm
$21.00
111027
Feb 12 04:26pm
$20.00
184571 ^
Feb 09 11:40pm
$7.00
205269
Feb 09 11:40pm
$6.00
184571
Feb 09 09:37pm
$5.00