Nicholsen – Estate Acreage/Rural Building Site Auction

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Auction Description:

Nicholsen – Estate Acreage/Rural Building Site Auction
Date/Time: May 29 @ 5:00 PM
ESTATE ACREAGE/RURAL BUILDING SITE AUCTION

To view the brochure click here: https://www.suttonauction.com/wp-content/uploads/2024/05/NICHOLSEN-ESTATE-ACREAGE-AUCTION-2024-HANDOUT.pdf

Attention Acreage Prospects! Now offering a +/-11.22 Acre Acreage/Potential Rural Building Site w/ 28’x24’ Detached Garage! Existing Utilities Onsite & Established Trees! Situated East of Ward, SD & NW of Pipestone, MN!!

We will offer the following Real Estate at Public Auction located at 2223 60th Ave, Pipestone, MN. Located from Ward SD – 5 ¼ Miles East on 211th St./Hwy. #10 & 1 ¼ Mile North on 60th Ave.

The residence on the property consists of a 2 Bedroom, 1 Bathroom Single Story home w/ vinyl siding and asphalt shingles on the exterior of the home. The residence is in need of significant updates & repairs & is considered a fixer-upper or could be removed, as this site would have potential for establishment of a new home. The residence consists of 2 main floor bedrooms, a full bathroom, living room, dining room & kitchen all on the main floor. There is a small porch off the kitchen area as well. The home sits on a concrete block foundation and has a basement with a storage room, utility room area with laundry hookups, and a former living room area. The home is serviced currently with water from an existing well, elec. Baseboard heat, Marathon HW Heater, & Breaker Elec. Service. There is a propane hookup behind the existing house but the tank used previously has been removed. The garage on the property has vinyl siding & is 28’x24’ with 1 OH Door & Elec. Opener and has a work shop area and is set on concrete block footings. The garage could be easily modified to add additional space for an additional vehicle space or other storage space. This property has a nice, secluded country setting with some scenic views and gentle rolling hills. If you are in the market for an existing acreage or attractive building site for a new residence or other permitted uses, make plans to inspect this property & be in attendance at this auction!! For a showing contact the auctioneers! Broker participation welcome with a 1% commission payable to a licensed MN Broker who properly pre-registers and meets qualifications for Broker Co-op.
LEGAL DESC.: A Tr. Beg. 805’ N. of the SE Cor. SE ¼ that Right Angles 719.4’ W., N. 679.8’, E. 719.4’, S. 679.8’ in the SE ¼ of Sec. 10., T. 108 N., R. 46 W. (Altona Twp.), Pipestone Co., MN – Cont. +/-11.20 Acres
TERMS: A 10% nonrefundable earnest money payment sale day & balance on or before July 17, 2024. Marketable Title will be conveyed and at the Estate’s option Abstracts will be continued to date at the cost of the Estate or title insurance may be utilized with the cost of the title insurance to be split 50-50 between the buyer & seller. The RE taxes payable in 2024 on this acreage based on a homestead tax amount are $856.00 and will be paid by the seller and based on that amount the 2024 RE taxes will be prorated to the date of closing. The seller does not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the sole responsibility of the purchaser. The legal description and number of acres are based off a survey recently completed by Meyer Land Surveying, LLC. This property is sold in “AS IS” Condition with no contingencies whatsoever and is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable county zoning ordinances. This property is currently serviced by 1 well which is located on the property which & the existing septic system is assumed to be non-compliant and may be subject to instillation of a new septic system, thus buyers should be aware that if loan criteria, county regulations or other criteria should require an update of the septic system and/or installation of rural water is required by a lender or for any reason, any or all costs for future updating of the septic and/ or rural water will be the sole responsibility of the buyer. The RE licensees/auctioneers in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the Personal Representative.

HAROLD NICHOLSEN ESTATE – Jim York – Estate Personal Representative
Paul M. Malone – Malone & Mailander Attorneys at Law – Estate Attorney & Closing Agent
CHUCK SUTTON & JARED SUTTON – Auctioneers & Land Broker – Lic. #59-26 & Lic. #59-72 – Sioux Falls, SD – ph. 605-336-6315, Pipestone, MN – ph. 507-825-3389 & Flandreau, SD – ph. 605-997-3777 ;DEAN STOLTENBERG – Auctioneer – Lic. #59-38 – Jasper, MN – ph. 507-348-7352

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