Clay Family Auction

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Description

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Clay Family Auction

Wednesday, January 28th at 10:00am CT

920 E 10th Street, Fairmont, MN 56031

Live auction with online bidding.

 

High quality Martin County farmland for sale on public auction! These two parcels carry strong CPI’s of 92.3 and 90.3. Both parcels are gently rolling in topography and part of Judicial Ditch Systems. Located on the SE side of Fairmont, MN, they have excellent access to hard surface roads and strong grain markets. Whether you are a farmer or investor, this farm would make a great addition to your investment portfolio. 

 

70.0 +/- Deeded Acres located in the W ½ of SW ¼ (Excepting 10 Acre Building Sites) of Section 15, TWP 102N, Range 30W, Martin County, MN

 

72.17 +/- Deeded Acres located in the N ½ of the NW ¼ (Excepting 7.83 Acre Building Sites) of Section 22, TWP 102N, Range 30, Martin County, MN

 

Sale Owner: Clay Family Farms LLLP

 

AGENCY: Auctioneer Alley & Land Services Unlimited+ and its agents represent the seller.

 

TERMS: These parcels of bare farmland will be offered using the Buyer’s Choice auction method. This method provides the bidders flexibility to purchase individual parcels or all of them. Buyer’s Choice auctioning will continue until both parcels have been purchased. Parcels will not be offered in their entirety at the conclusion of the auction. Parcel 1 70 +/- Deeded Acres & Parcel 2 72.17 +/- Deeded Acres x The Bid. All bidders must register for a bidding number prior to bidding on sale day. 20% earnest money down payment the day of the auction. The unpaid balance shall be due and payable in full on or before March 10, 2026, when clear title will be furnished. This sale is NOT CONTINGENT ON BUYER FINANCING and down payment is non-refundable. There will be a 2% buyer’s premium added onto the final sales price at the conclusion of the auction. The property is under lease for the 2026 crop season. Buyer will receive all 2026 farm income and pay all 2026 property taxes. All real estate taxed thereafter to be paid by Buyer. Any new assessments of record after the signing of the purchase agreement will be the responsibility of the Buyer. Any appraisal or loan fees are Buyer’s obligation. Any statements made at the auction may take precedence over any printed information. This sale is subject to the Seller’s approval. Auctioneer Alley, Land Services Unlimited+ & Sales Staff represent the Sellers in this transaction.

 

CONDITIONS: The property is being sold AS IS-WHERE IS. The information provided in this brochure is deemed reliable, but the auctioneer makes no guarantees as to its accuracy. It is the interested bidder’s obligation to inspect the property prior to their purchase of it and to rely on their own conclusions. Property is being sold subject to any and all zoning, environmental, state, federal laws or any easements including road, drainage, utility, or other easements or agreements of record. 

 

CONTRACTS & TITLE: Immediately upon the conclusion of the auction, the high bidder will enter into a purchase agreement/ real estate contract and provide funds for the earnest money to be deposited with the real estate company or sellers designated escrow agent the day of the sale.  The seller will provide an updated abstract or owners title insurance commitment at their expense.

 

ONLINE BIDDING INFORMATION:

To bid online go to auctioneeralley.com and click on the auction you would like to bid on or download our mobile app on your smart phone or tablet.

Click the bid now button to enter the sale of your choice.

Click register to bid to be allowed to bid and sign in with your username and password.

If you do not have a user account, please make one prior to the auction or you won’t be allowed to bid.

If you need help, please feel free to contact Dustyn Hartung prior to the sale 507-236-7629.

For those that can’t attend sale day and aren’t able to bid online, please make arrangements with sales staff 24 hours ahead of the auction to bid by phone.

Dustyn Hartung

Auctioneer Alley & Land Services Unlimited

Auctioneer

Land Services Unlimited & Auctioneer Alley

105 South State Street
Fairmont, MN 56031

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Phone Number
507-238-4318
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