Waseca County, MN
465.95 Acres M/L
Otisco & Wilton Township
New Richland, MN 56072
Price | Click to Bid Online |
Listing | #16271 |


Property Info
Description
Directions
- Sign On Property: Yes
- Parcel Number: 110240700, 080190700, 080190500, 080301400
- School District: New Richland-Hartland-Ellendale-Geneva Public Schools
- General Area: South of Waseca, Minnesota
- Net Taxes: $27,638.00
- Zoning: Agriculture
Interactive Map
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Tracts
Tract 1 - County Highway 15 / 120th Street & 288th Avenue, New Richland, MN 56072

Description
Legal Description
Details
- Acres: 40.00 Acres M/L
- Parcel Number: Part of 110240700
- Net Taxes: $2,531.00
- Soil Productivity: 96.7
Directions
Downloads
Tract 2 - County Highway 15 / 120th Street & 288th Avenue, New Richland, MN 56072

Description
Legal Description
Details
- Acres: 80.00 Acres M/L
- Parcel Number: Part of 110240700
- Net Taxes: $5,063.00
- Soil Productivity: 93.6
Directions
Downloads
Tract 3 - County Highway 15 / 120th Street & 288th Avenue, New Richland, MN 56072

Description
Legal Description
Details
- Acres: 98.89 Acres M/L
- Parcel Number: Part of 080190700
- Net Taxes: $6,626.00
- Soil Productivity: 93.4
Directions
Downloads
Description
Legal Description
Details
- Acres: 79.42 Acres M/L
- Parcel Number: Part of 08190500, 080301400
- Net Taxes: $4,650.00
- Soil Productivity: 91.3
Directions
Description
Legal Description
Details
- Acres: 118.39 Acres M/L
- Parcel Number: Part of 080190500
- Net Taxes: $7,433.00
- Soil Productivity: 91.6
Directions
Downloads
Description
Legal Description
Details
- Acres: 49.25 Acres M/L
- Parcel Number: Part of 080190500, Part of 080190700
- Net Taxes: $1,335.00
Directions
Downloads
Bid Now
Auction Details & Terms
Waseca County Land Auction
465.95 Acres M/L
Offered in Six Tracts
Tuesday, August 9th, 2022
10:00 AM
Auction Location:
Waseca Lakeside Club
37160 Clear Lake Drive
Waseca, MN 56093
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/
Auction Method: All Tracts will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one, two, or all of the tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all tracts have been purchased.
Tract 1: 40 Acres M/L
Tract 2: 80 Acres M/L
Tract 3: 98.89 Acres M/L
Tract 4: 79.42 Acres M/L
Tract 5: 118.39 Acres M/L
Tract 6: 49.25 Acres M/L
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Farm Program Information: Farm Program Information is provided by the Waseca County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Waseca County FSA and NRCS offices.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held at Patton, Hoversten & Berg.
Closing: Closing will occur on or before Thursday, September 22nd, 2022. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.
Closing Attorney: John Scott - Patton, Hoversten & Berg
Possession: Possession of the farm will be given At Closing, Subject to Tenant's Rights.
Farm Lease: The farm is leased for the 2022 cropping season. The Buyer(s) will receive a credit for the second half payment of the cash rent at closing. Contact agent for details.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Patton, Hoversten & Berg the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract.
Photos
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