Auction

160 +/- Acres LAND AUCTION

AUCTION LOCATION: Old Mill Restaurant, Urbank, MN.

SATURDAY, MARCH 23, 10:30 AM

PROPERTY ADDRESS: 48460 State Hwy 235, Parkers Prairie, MN. Located in Effington Township in southeast Otter Tail County near the Douglas County line. From Urbank, one mile east on highway 235 or from Parkers Prairie west, approx nine miles on Hwy 235.

Land has been in the family over 100 plus years

Land will be offered in 3 Tracts

TRACT 1

105 acres +/- w/80 +/- tillable farm land (currently been rotated between corn/beans, tilled black and ready for spring planting)

SE ¼ Sec 32 Twp 131 R40 & part SW ¼ NW ¼ Sec 33 Twp 131 R 38

TRACT 2

40 acres +/- hunting/recreational land (Excellent hunting area for whitetails, waterfowl/game birds with combination of wooded and some lower grade areas)

NE ¼ NW ¼ Sec 33 Twp 131 R 38

TRACT 3

15 acre farmstead w/home and buildings

(To be determined) part of NW ¼ Sec 33 Twp 131 R 38

Farmstead consists of a 4 Bedroom 1664 sq ft Country Home built in 1919, along with an older Dairy Barn, Shop and Granary. A very beautiful wooded grove surrounds this property located in a nice small town farming community. And with good highway access to Hwy 235 and 29, along with good driving proximity to Alexandria, make it appealing to commute as well.

(PLEASE NOTE: Additional pertinent crop/soil info & data along with some photos of Farmstead and wooded land will be posted in the near future)

Please call for additional details, info and complete buyer’s prospectus.

Loretta A. Lien Irrevocable Trust

TERMS & CONDITIONS: Bidders will be required to register and sign terms/conditions before bidding on the auction. The successful high bidder upon completion of the Real Estate Auction must complete and sign a purchase agreement and render a $5000.00 earnest money deposit for each individual Tract. (The property will be offered in 3 Tracts – so for example if all 3 Tracts were purchased by the same individual the total deposit will be $15,000.00), in the form of a cashier check, certified funds or a personal check payable to the Real Estate Broker. Out of area personal checks must be with the approval of the Auction Company. Balance due upon closing in approx. 30-60 days on or before. A 5% Buyer’s Premium applies which will be added to the final price to become the purchase price. Sale is non-contingent; failure to close will result in forfeiture of the earnest money. Buyer must secure necessary financing approval prior to the auction. Sale is subject to owner confirmation. The property is Sold “As Is, Where Is” please inspect the property before bidding. Taxes will be pro-rated to the day of closing. United Country Aasness Auctioneers and Banning Junction are agents for the seller. Broker/Agent participation is welcome. All interested in participating please contact United Country Aasness Auctioneers or Banning Junction in advance of the auction for additional details and pre-auction forms.

See us at aasnessauctioneers.com

Contact our offices at ph# 218 589-8598

Your High Performance Auction Team

“A Tradition of Excellence and Leadership”

Auctioneers/Agent

Cary M. Aasness 218 205 1310

Tammy Tisland 218 766 9607

Cody Aasness 218 205 1269

UC Broker; Tom Jenson Banning Junction

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