Diverse Property With Tillable Land In Hubbard Co MN - 160 Acres
160 Acres / Hubbard County, MN
Live and Online at Ranchandfarmauctions.com
Auction Date: 07/19/2023 Auction Time: 10:00 AM CDT
Auction Location: The Event Room, 1104 Park Ave S, Suite 2, Park Rapids, MN 56470
This property quite literally has it all including access from the east and west, woods, water, fields, building sites, agriculture, diverse habitat, and power; all located in an extremely desirable location. The land is made up of 69.5± acres of tillable that are currently leased out for the 2023 growing season, mature timber, regrowth timber, a building site with some older buildings, one useable machine shed, and a pond. The potential this property has for so many uses is hard to come by. You can enjoy the property as is and use it for all types of recreation, you can hunt deer, turkey, grouse, waterfowl, and bear on the property, use it as an investment, develop the property into building sites, or there is potential commercial use. The possibilities are endless.
Tract 1 Description: South 40
This property is approximately 30 acres of tillable land and 10 acres of woods and is located along the paved County Road 112, which is just north of Hwy 34 and about three miles east of Park Rapids. Currently planted in corn for the 2023 season, the possibilities for future use of this property are endless. Either purchase the land to add to your current farming operation, build your home on and develop the land to your desired use, develop and sell lots, or potentially put up a commercial building that offers an excellent location for any business. Location is everything and this property offers a prime location and multiple-use opportunities.
Tract 2 Description: North 40
This property is approximately 26 acres of tillable land and 13 acres of woods, a building site, and is located along the paved County Road 112 which is just north of 34 and about three miles east of Park Rapids. The building site has several old buildings on it with little to no value and one decent shed that is usable. The building site is set in amongst giant white pine, oak, and aspen, and is absolutely stunning. The ravine cuts west to east and holds a ton of deer, turkey, grouse, and an occasional bear. This property catches the far west end of the pond that acts as a massive pinch point funneling the deer around that end of the pond. The 26± tillable acres are currently planted in corn for the 2023 season but future uses of those tillable acres are endless. Prime location for any business or develop the land for your own personal use or continue to farm it. This tract of land offers up a multitude of options and one that needs to be seen in person to understand.
Tract 3 Description: East 80
If you are looking for a tract of land that has an extremely diverse habitat structure, is in a prime location, has excellent hunting, and a great building spot then you have found that property. Located just east of Park Rapids and just north of Hwy 34 this property is made up of mature timber, regrowth timber, tillable, pond, and some low ground. Good properties like this very rarely, if ever, hit the open market this close to Park Rapids. The land was recently selectively logged, and the regrowth is in excellent condition providing browse and cover for the deer, turkey, grouse, and bear that call this property home. The mature timber is made up of pine, oak, and aspen, and compliments the regrowth quite well. The tillable land will provide the critters with food and the pond will provide the water they all need to feel right at home. Access is from the township road on the east side of the property and that allows you to slip into the property on the most common westerly winds. There is an excellent building site that would be perfect for your new home or hunting cabin. This property is a must-see in person to fully appreciate what it has to offer.
Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
Fields, woods and water
Just east of Park Rapids
Deer, waterfowl, turkey, grouse and bear
Tillable for income
East and west access
Just north of Hwy 34
Tons of surrounding lakes
Real Estate Auction Terms and Conditions
- Terms Of Sale
Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!
Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.
All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.
Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.
The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.
Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.
If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.
Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.
Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.
For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.
Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.
All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.
If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.
Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.
The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.
LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.
- Broker Participation
Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.
- Auction Type
Live and Online
Subject To Seller Confirmation
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (40316821)
Jeff Evans, Minnesota Broker, License # 40316820
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Jason Ziegler, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 701-367-2376