Alexandria Area Lake Property on Long Lake

Auction House

Auction House

Auction Location: SECT-27 TWP-129 RANG-40 LOT-004 BLK-001 LONG LAKE SUNNY SHORES AC 1.77, DOUGLAS COUNTY, EVANSVILLE TWP, Evansville Twp, MN 56326

Phone: 952-261-4942

Lot Categories:

Auction Closed
05/31/2016 07:00 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $36,000.00
Next Required Bid: $36,100.00
High Bidder: #232856

Reserve Not Met

Began Closing:
Tuesday 05/31/2016
07:00 pm CDT

Lot is Closed

 


Auction Details:

ALEXANDRIA AREA LAKE PROPERTY ON LONG LAKE

1.77 acres of serene, well-kept property and 174 feet of shoreline on a great fishing lake.  Ready for your RV, Camper, Tents, Cabin, or New Home!

SECT-27 TWP-129 RANG-40 LOT-004 BLK-001 LONG LAKE SUNNY SHORES AC 1.77, DOUGLAS COUNTY, EVANSVILLE TWP. Parcel I.D. 15-0244-180

 

-SEE ALL OF OUR AUCTIONS AT-

www.AuctionHouseMN.com

If you have any questions, please call the auctioneer, James Egge, at (952) 261-4942 or the real estate broker, Steve Hanson, at (320) 241-0905; we'd be happy to assist you in any way we can as you search for your new home! 

Please contact us to schedule a showing outside of the listed open house times.

REAL ESTATE TERMS & CONDITIONS:   Winning bidder(s) must have a non-refundable cashier's check in the amount of $10,000 to be used as the earnest monies and a bank letter of pre-approval for the entire amount of the winning bid (plus applicable fees including a 3% buyers premium) within 48 hours of the close of the auction with the balance due within approximately 30 days of the auction close.  Possession shall be granted pending a successful closing.

This is a cash only sale with no warranties being made or offered and with no contingencies offered, expressed, or implied.  All bidders should inspect the property prior to bidding.  It is also the bidders responsibility to know all of the city, county, state, and federal regulations for the properties intended use so that the buyer can be insured that the property will meet the buyer's needs for use.

The winning bidder(s) will be asked to enter into an AS IS purchase agreement with all aspects of the property AS IS with no exceptions.  Any addendum posted to this or any other listing for this property between the dates of the auction listing and the auction close shall supersede any previous written or oral information that was given.

If you wish to obtain any other information about this property or for clarity regarding this property prior to bidding, please contact our broker, Steve Hanson, at (320) 241-0905 or the auctioneer, James Egge, at (952) 261-4942.

This property is being sold AS IS WHERE IS with no warranty being offered.  If a potential buyer would like an inspection then the potential buyer would need to order one on their own prior to bidding or prior to the auction close.

BUYER'S PREMIUM:  A 3% buyer's premium will be added to the final bid price (over reserve).  For example, if the winning bid for this property is $245,000, then the total buyer's premium would be $7350 bringing the total auction cost to the winning bidder of $252350.00 (plus any additional closing fees or other fees regulated by the city, country, state, or federal).

BROKER'S PARTICIPATION:  There is a 2% broker's participation that will be paid to the broker if the broker's client successfully wins the auction and closes within 31 days from the close of the auction.  The broker and the bidder must declare their partnership to Auction House within 24 hours of the first bid being placed or prior to the auction close (whichever comes first) by emailing the auctioneer, James Egge, at mnauctionhouse@gmail.com.

PROPERTY TAXES: Property taxes remaining due in 2016 shall be pro-rated to the time of the successful closing.  All taxes due in 2017 and beyond will be the sole responsibility of the new property owner.

Inspection

Auction Closing:

Tue, May 31, 2016
07:00 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
3.00%


This auction is contracted and managed by: Auction House

Manager: James Egge


This auction is contracted and managed by Auction House and James Egge, Auctioneer (Lic 05-15-002).

This affiliate accepts: Cash, Visa, MasterCard, American Express and Discover.  Checks are not accepted.

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. 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.



SECT-27 TWP-129 RANG-40 LOT-004 BLK-001 LONG LAKE SUNNY SHORES AC 1.77, DOUGLAS COUNTY, EVANSVILLE TWP
Evansville Twp
MN, 56326


Phone: 952-261-4942

Auction House can ship any item(s) that will fit into a 12" x 12" x 8" (or smaller) box and weighs under 50 pounds.  A $5 packing materials & handling/hauling fee is added to the actual shipping cost (check www.usps.com under "Calculate a Price").

Auction House can ship either Spee-Dee or USPS (we cannot ship Fed-Ex or UPS).  Larger items (such as furniture) can be shipped via a third party company.  Call for details before bidding if you are considering having a large item shipped as the cost can be quite substantial.

If you purchase a number of items then multiple 12" x 12" x 8" boxes (or smaller) can be used.  There is a $5 per box fee + actual shipping costs per box.

Priority Mail comes with tracking & $50 insurance.  If more insurance is needed then the buyer must pay for the auction cost of the additional insurance.  Auction House is not liable for lost/damaged items once the item has been dropped off at USPS & given a tracking number beyond the scope of  what USPS insurance policy and what the USPS will cover.

Packing the boxes for item safety is per the discretion of the Auction House.

Large items can be hired out to various carriers for hire.  Contact us for details before bidding.

Please call James @ (952) 261-4942 with any questions that are not covered in this section.