Madelia, MN
We are having 4 Auctions to liquidate the inventory and assets of Madelia Lumber Company in Madelia, MN.
Auction 1 Ends Sunday March 22, 2020
Auction 2 Ends Monday March 23, 2020
Auction 3 Ends Tuesday March 24, 2020
Auction 4 Ends Wednesday March 25, 2020
Removal for ALL AUCTIONS will be:
Thursday March 26, 2020 from 8am to 6pm
Friday March 27, 2020 from 8am to 6pm
Saturday March 28, 2020 from 8am to 6pm
Please bring boxes/tubs for your purchases. We will have boxes available for purchase if needed. (Cash Only)
Parking is available in front of the hardware store as well as on the street on the North side of the building. Please do not park in front of Fox's Pizza Den across the street, although I would definitely stop in for the awesome pizza and more!
| 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 |
| Hammer Price Tier | Buyer's Premium | Cap | |
|---|---|---|---|
| $0.00 - $4,999.99 | 13.00% | ||
| $5,000.00 - infinity | 10.00% | $1,000.00 | |
This auction is contracted and managed by: Southern Minnesota Auctions
Manager: Jason, Kimberly and Mike Salisbury
Your attention to these terms is appreciated.
Bidding
Read our detailed descriptions thoroughly! We have done our best to represent our items as accurately as possible, so please keep that in mind when placing your bids. As with all auctions, the Buyer is responsible for inspecting all items prior to bidding. Items are sold as-is, where-is with no guarantees or warranties. Unless otherwise noted, all items on this auction have been previously owned and are considered used unless specifically listed as NEW or NEW OLD STOCK.
If you are unable or unsure if you'll be able to pay for your items at the close of the auction, please do not bid.
If you have specific questions about a certain lot or would like more information, don't hesitate to contact us at 507-720-8089 between 9:00 A.M. and 4:00 P.M. Monday - Friday or email us any time at auctions@surplusmn.com.
Payments
We accept: Cash, Visa, MasterCard, AmEx, Discover, PayPal, Google Pay, Apple Pay, Checks (No starter checks or third party checks), Cashier's Checks (made out to NPS Enterprises, LLC), and Wire Transfers (over $3,000).
MN Sales Tax and all other applicable fees will be collected. If buying items for resale, an ST-3 is required.
Loadout
Pickup times are only as listed. If other arrangements need to be made, please contact us at 507-720-8089 between 9:00 A.M. and 6:00 P.M. Monday - Friday or email us any time at auctions@surplusmn.com. Please bring help, the proper tools, and the necessary equipment to load your items as auction staff is typically busy during pickup times. For auctions held at our facility, a forklift is available to assist in loading large items from the ground level. The Auctioneer, NPS Enterprises LLC, and/or property owner are not liable for injuries or damage during removal. All buyers will be required to sign a Liability Waiver prior to removal of your items.
Failure to load your items by the 6 P.M. cutoff without prior approval will result in a $50/hour staffing charge, payable in cash at the time of loadout.
Items that are not paid for with a credit card online or over the phone by the end of the pickup date will be considered no show and abandoned. This will jeopardize your bidding status with K-BID.
If items are paid for and have not been picked up within 5 business days without prior contact, items are forfeited and considered abandoned. Refunds will not be given under these circumstances.
Shipping
Shipping/delivery is available on items as indicated, please contact us at 507-720-8089 between 9:00 A.M. and 6:00 P.M. Monday - Friday or email us any time at auctions@surplusmn.com.
Consignments are always welcome! Your site or ours. Check out our website for more information: www.surplusmn.com
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. 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 (“Affiliates”) to conduct online auctions.
Affiliates 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.
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
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:
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 affiliate managing the auction.
Shipping is available on all items unless otherwise noted. Don't have the time or equipment to pick your items up? Delivery is also available.
Please contact us at 507-720-8089 or email auctions@surplusmn.com for a quote on shipping and/or delivery.
Pallet lots MUST ship freight.
If you're in need of shipping or delivery services, please contact us after making your online payment. We will send you a separate invoice for shipping charges. Items will not be shipped or delivered until charges are paid in full.
| Bidder | Placed | High Bid |
|---|---|---|
|
331047
|
Mar 24 08:23pm
| $20.00 |
|
41182
|
Mar 24 08:23pm
| $19.00 |
|
331047
|
Mar 24 08:17pm
| $18.00 |
|
41182
|
Mar 24 08:15pm
| $16.00 |
|
331047
|
Mar 24 07:58pm
| $14.00 |
|
331300
|
Mar 24 07:29pm
| $11.00 |
|
331315
|
Mar 24 05:57pm
| $10.00 |
|
330469
|
Mar 24 05:29pm
| $9.00 |
|
199375
|
Mar 24 04:29pm
| $8.00 |
|
330469
|
Mar 23 10:03pm
| $7.00 |
|
331315
|
Mar 23 09:06pm
| $6.00 |
|
330469
|
Mar 11 06:14pm
| $5.00 |