34815 200th St Green Isle MN = Hobby Farm - 3 Bedroom, 2 Bath Home, House, Barn, Silo, Workshops, Garage, Machine Sheds, Grain Bins, & Gardens On A Beautiful Country Lot!

Asset Liquidation Auctions

Asset Liquidation Auctions

Auction Location: 34815 200th St Green Isle MN, Green Isle, MN 55338

Phone: 320-327-2622

Lot Categories: Residential Property (1)

Auction Closed
01/03/2023 08:40 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $359,999.00
Next Required Bid: $360,999.00
High Bidder: #422271

Reserve Reached!

Began Closing:
Tuesday 01/03/2023
08:40 pm CDT

Lot is Closed

 


Auction Details:

Nice cozy 3 Bedroom 1 1/2 Bath home on 10.17 Acres with an older house, machine sheds, workshops, garages, grain bins and other out buildings!  

 

Some features of the house include -

Front Porch and rear deck.  Gas fireplace on the main level and in the finished basement.  Full Bath upstairs.  1/2 Bath on main level.  Window AC unit installed on main level.  2 Convenient Stairways to the basement.  Modern kitchen with center island.  Chest freezer on main level.  GE Washer and dryer set in basement.  Updated electrical installed in 2012.  Shower in the basement.  Electric off peak hydronic boiler heat with fuel oil to back up.  Backup system typically is not needed much.  There are approximately 125 gallons of fuel oil in the tank.  Off peak water heater.  Iron Curtain iron filter with automatic water softener.  Main Level has 980 square feet, Finished Basement has 805 square feet, Upstairs has 405 square feet.

 

***Seller is offering an $18,000 credit to the buyer at the closing to be put in escrow for a new mound septic system that will need to be installed within 2 years, per county regulations.  This is a huge bonus part of your bid!!***

 

Outside the property features a nice pine windbreak as well as other wooded areas.  There are several magnificent large trees through the acreage, as well as many gardens.  There is a pond on the far edge of the property.  

 

Possible rental income could be made from a total of 5 grain bins or other outbuildings.  Included are 3 5000 bushel bins, 1 3500 bushel bin and 1 1000 bushel bin.

 

There is a second older house that has been used for storage over the past years.  This has a good metal roof.

There is a 20 x 20 foot garage with double overhead doors both featuring Chamberlain electric openers.

10 x 30 foot workshop with electricity

Large red barn with a silo.

80 x 35 foot Steel pole barn built out for livestock.

75 x 40 foot quonset machine shed.

15 x 20 foot granary.

20 x 50 foot steel pole frame machine shed.

Bid here for a superb quiet and relaxing place to live, work, and rent out the rest for income!

 

The Closing Costs of the Real Property Title Work will be Paid By The Buyer.

Property tax due up to time of closing will be paid by the seller.

Ross Arneson Law Office, located in Arlington, MN will prepare the Standard Purchase Agreement per auction terms and perform the real estate closing per Real Estate Auction Statutes. 

The Winning Bidder will Be Expected to pay the buyer's premium to Asset Liquidation Auctions within 48 hours of auction close.  Then buyer will be put in contact with Ross Arneson Law Office to sign the Purchase Agreement and complete the closing with the seller for the amount of the final bid plus all closing costs. 

 

BY PLACING A BID, BIDDER ACKNOWLEDGES AND AGREES TO ACCEPT THE PROPERTY IN AS-IS CONDITION, COMPLETE THE SALE WITHIN 30 DAYS AS DIRECTED BY Ross Arneson Law Office  AND PAY THE HIGH BID PLUS ALL CLOSING COSTS.

BP Cap of $1000.00 DOES NOT apply to REAL ESTATE AUCTIONS.  This property is selling with a LOW 4% Buyer's Premium, meaning that if the final bid price is $400,000, the contract purchase price would be $416,000 as an example.

K-BID is not a party to the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

The Closing Costs of the Real Property Title Work will be Paid By The Buyer.

Property tax due up to time of closing will be paid by the seller.

 Title Mark LLC in Waconia, MN will prepare the Standard Purchase Agreement per auction terms and perform the real estate closing per Real Estate Auction Statutes. 

The Winning Bidder will Be Expected to pay the buyer's premium to Asset Liquidation Auctions within 48 hours of auction close.  Then buyer will be put in contact with  Title Mark LLC in Waconia, MN to sign the Purchase Agreement and complete the closing with the seller for the amount of the final bid plus all closing costs. 

 

BY PLACING A BID, BIDDER ACKNOWLEDGES AND AGREES TO ACCEPT THE PROPERTY IN AS-IS CONDITION, COMPLETE THE SALE WITHIN 30 DAYS AS DIRECTED BY  Title Mark LLC in Waconia, MN  AND PAY THE HIGH BID PLUS ALL CLOSING COSTS.

BP Cap of $1000.00 DOES NOT apply to REAL ESTATE AUCTIONS.  This property is selling with a LOW 4% Buyer's Premium, meaning that if the final bid price is $400,000, the contract purchase price would be $416,000 as an example.

K-BID is not a party to the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

 

Please Text 320-327-2622 with questions

Inspection

Auction Closing:

Tue, Jan 03, 2023
08:40 pm

Removal:


Bidding Increments:

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

Buyer's Premium
4.00%


This auction is contracted and managed by: Asset Liquidation Auctions

Manager: Jeff Krueger


BY PLACING A BID, BIDDER ACKNOWLEDGES FULL DUE DILIGENCE, AND AGREES TO ACCEPT THE PROPERTY IN AS-IS CONDITION, COMPLETE THE SALE WITHIN 30 DAYS AS DIRECTED BY  Title Mark LLC in Waconia, MN AND PAY THE HIGH BID PLUS ALL CLOSING COSTS.

PROPERTY IS SOLD AS-IS, BUT APPEARS TO BE A GOOD FUNCTIONING HOME AND STURDY OUTBUILDINGS

This auction is contracted and managed by Asset Liquidation Auctions. 

This property is selling with a reserve and is subject to seller confirmation.  

Payment Types Accepted:  Certified funds up to $10,000.00.  Wire Transfer for any invoice over $10,000.00.  

  • Buyer's Premium is due in certified funds within 48 hours of auction close.
  • Credit cards not accepted.
  • Buyer agrees to work with  Title Mark LLC in Waconia, MN to complete the real estate closing, and perform and steps required in the escrow and closing process.
  • Please Do Not Bid if you cannot make Arrangements to close in 30 Days.
  • Only ALA Staff Accompanied Previews will be allowed.  
  • An ALA Representative Must Be Present for Preview.
  • As with all K-BID.COM Auctions, The Buyer is responsible for Inspecting and Due Diligence on All items, property and other considerations in this real estate transaction prior to Bidding.

Please call or text 320-327-2622 with questions


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.

  • 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.
  • Affiliates may lower reserves at any time:
    • 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 affiliate managing the auction.



34815 200th St Green Isle MN
Green Isle
MN, 55338


Phone: 320-327-2622

SHIPPING IS NOT AVAILABLE.  Once the Buyer's Premium is paid by Buyer, Ross Arneson Law Office will direct and complete the escrow and closing process.  Please call or text 320-327-2622 with questions

Online payment not available, Please call 320-327-2622 for payment and closing arrangements.