Auction Location: 112 North Henry Street, Elmore, MN 56027
Phone: 612-910-5674
Lot Categories:
Auction Closed
09/17/2015 08:30 pm
Closed
No Image Available
No Reserve Real Estate Auction, Highest bidder wins! This House is Located in Elmore MN just blocks off of Hwy 169 on the border of MN and Iowa and just a few miles south of Blue Earth MN. This House is estimated to be 2500 sq. ft. with 3 bedrooms and 2 baths and features a huge living room and master bedroom addition that was added in 2006 along with new windows, siding, roof and composite decking in 06'. This house does need some light finishing touches such as flooring/paint and sheet rock removal in basement. The house was recently a foreclosure and has had the interior items cleaned out for your convenience. There is a huge rock waterfall in the backyard and some beautiful landscape around the house and sits on almost a half acre lot, it would make a perfect rental or fix and flip!
This house is sold as is/where is and it is the buyers responsibility to inspect the home prior to the Auction closing, Tax value on this property in 2014 was $87,100 and is now selling with No Reserve! 2015 taxes paid in full and no pending assessments, buyer will receive a quit claim deed once paid in full.
This Auction only has a 5% Buyers premium instead of the usual 10%
Buyer of this Home must be paid in full within 5 days of Auction close (September 22 2015)
5% Buyers Premium will be added to winning bid. Ex: $30,000 winning bid will pay a $1500 buyers premium.
Winning bidder will receive a notarized quit claim deed to the property when paid in full.
This Auction has No Reserve so the highest bidder Wins!
House is sold As Is/Where is.
Empire Wholesale and Anthony Socher are not responsible for an injuries that may occur on the property at any time.
| 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 |
|---|
| 5.00% |
This auction is contracted and managed by: Empire Wholesale
Manager: Tony Socher
This auction is contracted and managed by Empire Wholesale.
This affiliate accepts Cash, Credit card up to $5000, Cashier's Check.
Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
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.
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 independent auction company managing the auction.
No shipping available for this auction.