MULTI-PARCEL REAL ESTATE AUCTION
58 ACRES FARM/HORSE RANCH
47+/- ACRES OF PRIME BARE CROPLAND
THIS BANK OWNED PROPERTY SHALL BE OFFERED AT PUBLIC AUCTION
SAT. JUNE 14, 2008
9:30 A.M. SHARP
BANK ORDERED TO BE SOLD
FARIBAULT / KENYON MN. AREA
AUCTION LOCATION: 7997 KENYON BLVD FARIBAULT, MN. 55021 (9 MILES EAST OF FARIBAULT MN. ON STATE HWY 60)
LOCATED IN RICE CO. MINNESOTA SECTION 5 OF RICHLAND TOWNSHIP
PARCEL 1
** 10+/- ACRES WITH 2005 HORSE BARN, HEATED & INSULATED SHOP & MACHINE/HAY SHED **
** ALL BUILDINGS BUILT IN 2005 **
** OVER $800,000.00 WAS SPENT ON BUILDINGS IN 2005 **
** HORSE BARN, COMMERCIAL BUILDING ** ** 228'X110' ** 16' SIDE WALLS ** 2- 18'X16' SLIDING DOORS ** 12'X12' OVERHEAD DOORS ** 6 SERVICE DOORS ** WIRSBO HEAT (INFLOOR) IN WEST 1/2 OF BUILDING ** LOW BAY LIGHTING, 200 AMP SERVICE ** AIR EXCHANGER ** 1/2 ACRE HORSE STABLE / 1/2 AREA RIDING ARENA ** ANIMAL PERMITS IN PLACE ** ** HEATED / INSULATED SHOP ** ** 60'X60', 16' SIDE WALLS ** WIRSBO (INFLOOR HEAT) ** 3- 14'X14' OVERHEAD DOORS ** 200 AMP ELECTRICAL SERVICE ** R40 INSULATION, 8" WALL INSULATION ** BATHROOM ** CEILING FANS ** MOUND SYSTEM SEPTIC ** ** MACHINE / HAY SHED ** ** 80'X150'X16' SIDE WALLS ** 2- 16'X20' SLIDING SERVICE DOORS ** 100 AMP ELECTRICAL SERVICE ** ** ZONED: 101 AGRICULTURE & 233 COMMERCIAL LAND AND BUILDING ** P.I.D. 16.05.2.50.001 **
PARCEL 2
** 47+/- ACRES OF PRIME BARE CROPLAND **
** LOCATED IN WEST PART OF N/W 1/4 SECTION 5 RICHLAND TOWNSHIP, RICE CO. MN ** 80 C.E.R. ** DRAIN TILE IN PLACE ** APPROX. 45 TILLABLE ACRES **
PARCEL 3
** 2.5 ACRE SITE TO BUILD A HOME **
FINANCING AVAILABLE- STATE BANK OF FARIBAULT. FARIBAULT MN. 1-507-332-7401
TERMS: $50,000.00 DOWN THE DAY OF AUCTION ON PARCEL 1 AND 2. $5,000.00 DOWN ON PARCEL 3. THE BALANCE DUE AND PAYABLE IN FULL TO SELLERS ON OR BEFORE AUGUST 15, 2008. ALL PROPERTY IS SELLING IN AS-IS CONDITION, NO WARRANTY OR GUARANTEE WHAT SO EVER EXPRESSED OR IMPLIED BY THE SELLER OR ANY OF THEIR AGENTS. SELLER WILL DELIVER MARKETABLE TITLE. ALL REAL ESTATE TAXES SHALL BE PRO-RATED TO DATE OF CLOSING. A 5% BUYERS FEE SHALL APPLY TO THIS REAL ESTATE AUCTION WHICH SHALL BE ADDED ABOVE AND BEYOND FINAL BID PRICE TO CONSTITUTE FULL PURCHASE CONTRACT PRICE.
ATTORNEY FOR SELLERS: BRIGGS & MORGAN, RICHARD D. ANDERSON
OPEN HOUSE DATES:
WED.MAY 28 6:30-8:00 P.M.
SAT.MAY 3 10:00-12:00 NOON
SAT.JUNE 7 10:00-12:00 NO0N
CALL FOR A PRIVATE SHOWING OR INFORMATION PACKET 1-800-801-4502
STATE BANK OF FARIBAULT, OWNER
MATT & KEVIN MARING, LIC.#25-28, LIC.#25-70 REGISTERED WISCONSIN LIC.#2200-052 KENYON MN ** 1-507-789-5421 OFFICE ** 1-800-801-4502 OFFICE **
CHARLIE SINNWELL, LIC.#20-01 KASSON, MN ** 1-507-634-2991 OFFICE **
