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

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


Live Off-Site Real Estate Auction For The Nordgaard Heirs(Owners)
Saturday, August 21, 2021
10:00 a.m.
38352 Dairy Lane (Auction held off-site)
Peterson, Minnesota

Approximately 200 Acres, 3 Tracts (subject to final survey) located in Arendahl Township Sections 23, 24, 25, & 26, Fillmore County, MN (T-104-N, R-9-W)
Be sure to scroll down to the bottom of these photos and click on "View All Pictures"
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LOCATION: Click here for driving directions to property
This live off-site auction will be held at Gehling Auction Company, 27741 State Hwy 16--Preston, MN 55965

NOTICE: View FSA MAP
View Soil Map
View Topography Map

CLICK HERE FOR PRINTABLE FLYER #1 (PDF FORMAT)


Nordgaard_new_tract_arrow_map.jpg
BRIEHA7-Modelarrows.jpg
38352_Dairy_Ln_Peterson-9.jpg Photograph may show neighboring properties also. Boundaries TBD by survey.
38352_Dairy_Ln_Peterson-4.jpg Photograph may show neighboring properties also. Boundaries TBD by survey.
38352_Dairy_Ln_Peterson-7.jpg Photograph may show neighboring properties also. Boundaries TBD by survey.
38352_Dairy_Ln_Peterson-22__1_.jpg The building site has many large mature trees.
38352_Dairy_Ln_Peterson-5.jpg Photograph may show neighboring properties also. Boundaries TBD by survey.
38352_Dairy_Ln_Peterson-3__1_.jpg Photograph may show neighboring properties also. Boundaries TBD by survey.

View All Pictures

TRACT ONE

  • 100+/- acres (subject to survey). FSA records indicate 82.15+/- cropland acres. Soil CPI is approximately 70. This tract will be free of any third party tenancies for the 2022 calendar year and beyond. Possession will be given after the 2021 tenant has removed all crops. This tract has buildable areas.

TRACT TWO

  • 47+/- acres (subject to survey) with an existing building site. This tract has many large mature trees, a well, home, and many outbuildings. This property is ideal for privacy(located on a dead end road) and an excellent location for a new home. Septic to be collapsed and severed. Buyer to install a new septic system if needed. This tract is also highly desirable for hunting purposes. Well water test to be posted at a later date.

TRACT THREE

  • 53 acres+/- acres(subject to survey) wooded/hunting/recreational land. A 66' wide easement will be given for access. This tract has buildable areas and is also desirable for deer hunting.

Terms & Conditions

  • The property will be sold AS IS with no warranties or guarantees implied or expressed. Any announcements made on auction day take precedence over all forms of advertising. Possession for tracts 2 and 3 will be given after closing. Possession of tract 1 will be given after the 2021 land tenant has removed all crops. Successful bidders will be required to sign a purchase agreement at the conclusion of the auction. Your bid IS NOT contingent on financing. Please make your financing arrangements prior to the auction.
  • Terms: 20% non-refundable deposit of the purchase price will be required directly at the conclusion of the auction.Those funds will be placed in the Gehling Auction trust account as good faith money until closing. Purchasers who are not able to close due to insufficient funds will be in default and the the deposit money will be forfeited. Balance of the purchase price is due in full on or before October 1st, 2021. Taxes for all tracts for 2021 $5,624.00. Taxes for 2021 have been paid by the seller. Buyer will be responsible for 2022 taxes and beyond. Taxes are subject to reassessment under the new owner.
  • NO BUYER'S PREMIUM.
  • Gehling Auction Company is representing the seller exclusively
  • Broker: Matt Gehling Realty & Auction Co. LLC
  • Attorney representing seller: Manion-O'Koren Law Firm LLC-Lanesboro, MN
  • ALL ACRES & BOUNDARIES ARE SURVEY TO GOVERN.

Notice

  • All information contained on this website 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. 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 and Gehling Auction Company assume no liability for its accuracy, errors, or omissions.
  • Gehling Auction Company & Matt Gehling Realty 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.

All information contained on this website 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. 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 and Gehling Auction Company assume no liability for its accuracy, errors, or omissions. Gehling Auction Company & Matt Gehling Realty 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.
Gehling Auction
TERMS: The property will be sold AS IS with no warranties or guarantees implied or expressed. Any announcements made on auction day take precedence over all forms of advertising. Possession for tracts 2 and 3 will be given after closing. Possession of tract 1 will be given after the 2021 land tenant has removed all crops. Successful bidders will be required to sign a purchase agreement at the conclusion of the auction. Your bid IS NOT contingent on financing. Please make your financing arrangements prior to the auction. Terms: 20% non-refundable deposit of the purchase price will be required directly at the conclusion of the auction.Those funds will be placed in the Gehling Auction trust account as good faith money until closing. Purchasers who are not able to close due to insufficient funds will be in default and the the deposit money will be forfeited. Balance of the purchase price is due in full on or before October 1st, 2021. Taxes for all tracts for 2021 $5,624.00. Taxes for 2021 have been paid by the seller. Buyer will be responsible for 2022 taxes and beyond. NO BUYER'S PREMIUM. Gehling Auction Company is representing the seller exclusively Broker: Matt Gehling Realty & Auction Co. LLC Attorney representing seller: Manion-O'Koren Law Firm LLC-Lanesboro, MN ALL ACRES & BOUNDARIES ARE SURVEY TO GOVERN.
AUCTIONEER: Matt J. Gehling #2320008
CLERK: Gehling Auction Company LLC

www.gehlingauction.com
email: gehling@gehlingauction.com

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