27741 State Hwy. 16 - P.O. Box 250
Preston, MN 55965

Ph: 507-765-2131 - Fax: 507-765-3672

Alvin A. Mihm Estate, Auction Held At Gehling Auction Center
Saturday, May 19, 2018
10:00 AM
22258 106th Street
Harmony, Minnesota

Click here for Buyer's Prospectus
Minnesota Surveys
Parcel One Purchase Agreement
Parcel Two Purchase Agreement
Parcel Three Purchase Agreement
Parcel Four Purchase Agreement
Parcel Five Purchase Agreement
Revised 4/24/18 Iowa Map

Approximately 306 Acres to sell in 5 Parcels.

Property is located in section 31, Bristol Township, Fillmore County, MN & section 12, Forest City Township, Howard County, IA.

Directions: From Harmony take Hwy 44 west 9.5 miles than go south 2.5 miles on 225th Ave than turn right on 106th street, go ¼ mile.

Parcel One: Approximately 11 acre building site(survey to govern) with a 1991- 3 bedroom 2 bath 28x60 home with a 2 car tuck under garage, a 104x60 pole building with a 27x60 heated area and also a 80’x100’ pole building. Address is 22258 106th St—Harmony, MN, Section 31, township 101(Bristol), Range 011- Fillmore Co MN, All appliances included. Property sells AS IS.

Parcel Two: Approximately 70 acres (survey to govern) of Fillmore Co MN farmland with approximately 51 cropland acres located in section 31, township 101(Bristol), Range 011-Fillmore Co MN

Parcel Three: 60 acres in Section 12, Forest City Township, Howard Co IA- The Upper Iowa runs thru this tract, excellent hunting/fishing. This tract also contains some cropland acres. 60 x your bid.

Parcel Four: 121 acres in section 12, Forest City Township, Howard Co IA-Should be great for both livestock and hunting/fishing with the Upper Iowa River running thru it. This tract also contains some cropland acres. 121 x your bid.

Parcel Five: 44 acres in section 12, Forest City Township, Howard Co IA-of great deer hunting and recreational land the Upper Iowa runs thru a portion of this tract. 44 x your bid.

Access to the Iowa parcels will via the Minnesota side(Near the Northwest property line).

Farm Lease: The farm and buildings(less the house) are currently under a lease until the end of 2020. The new owners shall receive the rental income for 2018, 2019, and 2020. Call for details.

No Buyer’s Premium/Fee!

Licensed Minnesota and Iowa Broker: Matt Gehling, Matt Gehling Realty & Auction Co. LLC

Attorney representing seller: Daniel E. Berndt, Dunlap & Seeger P.A.

Auctioneer’s note: This property is a sportsman’s paradise with the Upper Iowa River running through several parcels. It is a truly unique property and is a dream property for Hunting and Fishing enthusiasts. This land could also make an excellent stock farm. The farm has approximately 150 total cropland acres. The home is located around a scenic area on a road with very little traffic and the buildings are like new.

Gehling Auction Company & Matt Gehling Realty & Auction Co. LLC are representing the seller exclusively.

The written purchase agreement to be signed by the seller and buyer after the auction is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole controlling document for this real estate transaction.Some items on advertising are subject to change. Check our website often.

LOCATION: Auction to be held at Gehling Auction Company 27741 State Hwy 16 Preston, MN 55965

All information contained in this brochure has been gained from sources considered to be reliable, however bidders are invited to inspect the property and make their own investigations of the property and its records. All sales will be presumed to be made upon the individual judgment of the purchaser(s). Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure or other related material is subject to verification by all parties relying on it. The seller, Gehling Auction Company, and Matt Gehling Realty and Auction Co. LLC assume no liability for its accuracy, errors, or omissions.



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Future Annual Rental Income Until Expiration of Lease

  • Parcel 1 $3,600
  • Parcel 2 $10,200
  • Parcel 3 $800
  • Parcel 4 $2,800
  • Parcel 5 $600

Broker: Matt J. Gehling--Matt Gehling Realty & Auction Company LLC, Licensed in Minnesota & Iowa
Gehling Auction
TERMS: Terms: 10% Non-refundable down payment per parcel on the day of the auction. Your bid IS NOT contingent on financing. Balance due at closing on or before July 2nd, 2018 or upon clear and marketable title. All parcels will be sold on an as is basis. Taxes will be prorated. Minnesota parcels 1 and 2 will be survey to govern. Iowa parcels 3,4, and 5 will be sold by the taxable acres. Parcel one will be sold as a lump sum, not by the acre.
AUCTIONEER: Matt Gehling
CLERK: Gehling Auction Company LLC

email: gehling@gehlingauction.com


Licensed Real Estate Brokerage in Minnesota & Iowa
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