Holloway Hobby Farm Real Estate Auction

Empire Wholesale

Empire Wholesale

Auction Location: 275 170th Ave SW, Holloway, MN 56249

Phone: 612-910-5674

Lot Categories: Residential Property (1)

Auction Closed
04/16/2017 08:00 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $23,225.32
Next Required Bid: $23,325.32
High Bidder: #120158

Reserve Reached!

Began Closing:
Sunday 04/16/2017
08:00 pm CDT

Lot is Closed

 


Auction Details:

5.28 Acre Hobby Farm in Holloway MN with a large Quonset shed, Split level house built in 1985, and an older out building. The Quonset shed has a cement floor and 2 large sliding doors and the smaller out building has a cemented area inside with an overhang on the east side that is not cement, It would make a perfect shelter for animals. The house has been empty for years and would need extensive rehab to make it livable. There is also a beautiful corn crib on the property that blew down in last summer's wind storm, some of the wood could be salvaged for a nice barn wood interior.   

The Hobby farm is surrounded by farm fields with some of the best crop soil in the state as you can see in the pictures how black the soil is, this could make a nice spot to keep your horses or maybe start a vegetable farm.

If you are a Hunter this could make a nice spot for you to enjoy Pheasant/ Goose or Duck hunting being it is not far from the famous Lac Qui Parle Migration fly way.

This Property has a 2016 Tax value of $52,100 with a Reserve Much lower than Tax value!

This property is sold as is/where is and the owner is unaware of any well or septic information on the property being they have never occupied the property or had any utilities active.

There is only a 5% buyers fee instead of the typical 10% fee on this Auction.

Buyer of this Home must be paid in full within 5 days of Auction close.

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 A low reserve below tax value!

Property 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.

 

Inspection

Auction Closing:

Sun, Apr 16, 2017
08:00 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
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.

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 5% BUYERS PREMIUM (5% BP) on this auction..

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.



275 170th Ave SW
Holloway
MN, 56249


Phone: 612-910-5674

No shipping available for this auction.