3 BR 1 Bath Rambler Cabin w/ Attached Garage, Detached Shop Lakeshore Property on Mille Lacs Lake
Lot #1
Item: 1425-383013

Isle, MN

This Lot is:

Closed

Sun, Mar 29, 2015 7:30pm CDT

High Bidder: #198498

Current Bid:

$190,000.00

Next Required Bid: $191,000.00

Reserve Not Met

 
Location / Contact:
43063 Vista Road, Isle, MN 56342
Phone: 320-237-7830

Lot Description: Estate Auction of a Rambler Style Cabin on Mille Lacs Lake.  Sits on 100' of water frontage on the Southeast side of the lake.  Cabin has 3 Bedrooms, 1 Bath, 1 Car Attached Garage, Sunroom, Kitchen, Living Room with small Dining Area.  Detached 30' x 36' metal shop/garage with electrical service.  Mille Lacs Lake is a very popular tourist destination.  It is a very large lake consisting of over 132,000 acres and 64 miles in diameter and 30 miles long.  The city of Isle is located 1 mile South and offers the majority of services in the area.   
  • Double Lot
  • Approximate lot size is 100' x 150' x 150' x 200'
  • Area: 21,344 sf.
  • 2014 Real Estate Taxes:  $3,422
  • Located on Southeast side of Mille Lacs Lake
  • 100' of Water Frontage with Nice Beachy Sand, the kind you want to sink your toes into
  • 3 Bedrooms
  • 1 Bath
  • Attached 1 Car Garage
  • Detached 30' x 36' Metal Sided Shop/Garage with Electrical Service
  • Comes with Docks and Lifts (one dock is 109' 8" long)
  • Utilities:  Electric & Natural Gas (Radiant Heat)
  • 1 Fireplace
  • Private Well & Septic
  • Home/Cabin built in 1950
  • Concrete Slab with Crawl Space
  • Does NOT include any Appliances
  • 942 Square Feet of Living Area
  • Fee Simple
  • Unlimited time on the beach, campfires, fishing from your own personal dock or somewhere on the 132,000 acre lake, snowmobiling, and sunsets on the beach. Priceless memories can be yours
  • This item has a Reserve.  Reserve under March 2014 Appraisal (which is attached)

Contact Cinda with questions at Granite City Auctions at 320.237.7830, or e-mail cinda@granitecityauctions.com, with all payments and questions.

Monday, March 30th, 2015 by 2:00 pm a 10% non-refundable deposit is due, No Subject To’s, property is sold "as is", Purchase Agreement to be signed within 5 days, Closing in 30 to 45 Days.  There is a reserve on this property, reserve is LESS THAN 2014 appraisal (attached).  

Inspection

Auction Closing:

Sun, Mar 29, 2015
07:30 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

Buyer's Premium
4.00%


This auction is contracted and managed by: Granite City Auctions

Manager: Cinda Lovato


We accept Visa, MasterCard, Cash, Cashiers/Bank Checks and Wire Transfers. 

A 10% Non-Refundable Down Payment is due by 2:00 pm on Monday March 30, 2015.  Purchase Agreement to be signed within 5 days.  Closing in 30 - 45 days.  No Subject To’s, property is sold "as is".  

Buyer's premium on this sale is 4% for Cash, Cashier's/Bank Checks and Wire Transfers or 7% for Visa and MasterCard Payments.

This property does have a reserve.  Reserve price UNDER 2014 APPRAISED VALUE.  

Please take advantage of our 3 inspection / open house days to preview this property in person.

Every effort is made to describe the items as accurately as possible. It is the bidder’s responsibility to inspect before bidding, to be certain that the item meets your standards and expectations. Our descriptions are not a substitute for your inspection. No refunds!

Remember this is an auction. This is not a retail store. You are buying " AS IS Where IS". It is your responsibility to inspect your items. We do not inspect for you.  

This auction is contracted and managed by Granite City Auctions.  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 7% BUYERS PREMIUM (7% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (4% 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. 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.  

 


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.



43063 Vista Road
Isle
MN, 56342


Phone: 320-237-7830

Shipping not available on this auction.

Bid History

47 Bid(s)
Bidder Placed High Bid
198498
Mar 29 07:35pm
$190,000.00
142474
Mar 29 07:35pm
$185,000.00
198498
Mar 29 07:34pm
$180,000.00
142474
Mar 29 07:33pm
$170,000.00
198498
Mar 29 07:32pm
$165,000.00
142474
Mar 29 07:30pm
$155,000.00
198498
Mar 29 07:29pm
$152,000.00
198886
Mar 29 07:29pm
$146,500.00
142474
Mar 29 07:27pm
$145,000.00
198886
Mar 29 07:27pm
$144,000.00
69692
Mar 29 07:26pm
$142,000.00
142474
Mar 29 07:26pm
$141,000.00
54593
Mar 29 07:26pm
$140,000.00
69692
Mar 29 07:25pm
$139,000.00
142474
Mar 29 07:10pm
$138,000.00
69692
Mar 29 07:08pm
$136,000.00
142474
Mar 29 06:49pm
$135,000.00
198498
Mar 29 04:45pm
$130,000.00
24183
Mar 29 04:40pm
$120,000.00
198498
Mar 29 03:07pm
$100,000.00
142474
Mar 29 03:05pm
$90,500.00
198498
Mar 29 01:24pm
$90,000.00
54593
Mar 29 12:21pm
$85,500.00
142474
Mar 29 11:33am
$85,000.00
198498
Mar 28 07:46pm
$81,500.00
11150
Mar 28 02:05pm
$70,750.00
142474
Mar 28 08:49am
$70,500.00
195855
Mar 28 08:18am
$70,250.00
198498
Mar 25 06:15pm
$70,000.00
103371
Mar 25 03:44pm
$65,500.00
140607
Mar 25 01:37pm
$65,250.00
198498
Mar 24 12:27pm
$65,000.00
68869
Mar 18 09:37pm
$61,500.00
159066
Mar 18 09:32pm
$61,000.00
198498
Mar 16 09:54pm
$60,000.00
139399
Mar 11 10:27pm
$51,000.00
91793
Mar 09 08:31pm
$50,000.00
139399
Mar 09 09:13am
$45,000.00
91793
Mar 08 09:52am
$30,000.00
110724
Mar 08 09:12am
$26,000.99
197905
Mar 07 09:15pm
$25,000.00
149024
Mar 07 03:08pm
$22,100.00
182158
Mar 06 07:04am
$22,000.00
6463
Mar 05 05:26pm
$21,000.00
91793
Mar 04 04:49pm
$20,000.00
148252
Mar 04 03:01pm
$1,111.00
93686
Mar 04 01:59pm
$100.00