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LAND AUCTION
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605-336-6315 |
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AUCTION TERMS: A 10% non-refundable downpayment on the day of the sale and the balance on or before December 12, 2025 with full possession for the 2026 crop year. Possession subsequent to the harvest of the 2025 standing crops and the tenant’s rights under the 2025 farm lease. The sellers will retain 100% of the 2025 rents and wind tower payments. Marketable Title will be conveyed and at the sellers option title insurance will be utilized with the cost to be split 50-50 between buyer & seller or an abstract of title will be continued to date & will be provided to the buyer for examination prior to closing. Attorney’s closing fees will be paid by the sellers. All of the RE taxes payable in 2025 on this property will be “paid in full” by the sellers, with the buyer to be responsible for all of the RE taxes payable in 2026. The sellers have no knowledge of any wells on the premises. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statutes. FSA cropland acres, yields, bases & other information are estimated and subject to County Committee approval. These properties have been surveyed to establish the location of the boundaries between both parcels and to ascertain the total acres in these farms in accordance with recent surveys by Bueltel-Moseng Land Surveying, Inc., with the acres understood to be “more or less”. These properties are sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Lincoln Co., MN Zoning Ordinances. Information contained herein is deemed to be correct, but is not guaranteed. The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the owners.
INTERNET BIDDING TERMS:
*DO NOT REGISTER ONLINE IF YOU ARE ATTENDING THE LIVE ONSITE AUCTION!!
Bidders who wish to Bid online for the property must be registered at least 24 Hours Prior to the Auction. Bidders may contact Sutton Auctioneers & Land Brokers, LLC at 605-336-6315 or office@suttonauction.com.
Bidders who wish to bid online must provide Sutton Auctioneers & Land Brokers, LLC with a Bank Letter of Pre-Approval prior to bidding online. Bidders will not be automatically approved and online bidders will be manually approved for the auction.
Sutton Auctioneers & Land Brokers, LLC has the right to require a wire or electronic transfer of funds if the bidder is unable to meet in person with a representative from the auction company.
By making a bid, Bidder accepts the terms and conditions below and will be bound by them.
Announcements made the day of the sale take precedence over written or advertised announcements, but do not alter, in any way, the terms and conditions of the sale.
+/-154.42 Acres of Choice, Extremely Well-Located Verdi Twp., Lincoln County MN Land with Superb Soils & Existing Wind Tower Payments to be Offered in 2 Individual Tracts or as a Combination of Tracts – Located Between Lake Benton, MN & Elkton, SD!
We will offer the following Land at Public Auction with the Land being located from Lake Benton, MN – Jct. of Hwy. #75 & US Hwy. #14 – 2 ¼ Miles West on Hwy. #14 to the NE Corner of Tract #1A. From Elkton, SD (Skyview Junction) – Hwy. #13/486th Ave & US Hwy. #14 – 7 ½ Miles E. on US Hwy. #14 to the NW Corner of Tract #1A.
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