18.40 - Acre Property with Home and Outbuildings - Hamilton-Maring Auction Group

18.40 - Acre Property with Home and Outbuildings

Lot Number:1
Control #: schweisthalre1
Connecting
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Start Time:4/26/2025 1:00:00 PM
End Time:5/6/2025 3:00:00 PM
Bid Count:0
Current High Bidder:
Starting Bid:$500.00
Bid Increment:$5,000.00
Current Bid:$500.00

A 5% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

18.40 - Acre Property with Home and Outbuildings

Don’t miss this rare opportunity to own an 18.40-acre property situated along Highway 60 in Faribault, MN. This property features an older 1 ½-story home with 1,700 square feet of living space, four bedrooms, and two bathrooms. Built in 1875, this residence offers potential for renovation or a fantastic site for your vision.
The property includes an attached 672-square-foot garage and a newer 30’ x 67’ garage/shop built in 2002 with a concrete floor, perfect for storage, hobbies, or a workshop. With a good well and a newer pump, the property is primed for new owners’ ambitions and desires.

Land Highlights include 18.40 total acres, including 7+/- acres of woods & pasture. Convenient location along Hwy 60, offering accessibility and visibility.

This property offers endless possibilities, from residential living to potential agricultural or recreational use. Whether you’re looking to invest or create your dream home in a serene yet accessible location, this property is worth your consideration.

Location: 4586 Kenyon BLVD, Faribault, MN 55021

Bidding Opens: Saturday, April 26, 2025, at 8:00 AM
Bidding Starts Closing: Tuesday, May 6, 2025, at 10:00 AM

Open House Dates: 
Wednesday April 23, from 4:30pm to 6:00pm
Saturday April 26, from 10:30am to 12:00noon
Saturday May 3, from 10:30am to 12:00noon 

Terms: $10,000 earnest money down the day of the auction, which is non-refundable if the buyer(s) fails to close on said property. The balance is due and payable in full to the sellers on or before June 10th, 2025; at which time the buyer(s) shall receive possession and marketable title. All real estate is selling in AS-IS condition with no warranties or guarantees expressed or implied by the sellers or any of their agents. All real estate sells with no contingencies whatsoever. The current septic system is non-conforming, it will be the buyer(s) sole responsibility to update or remove the current system by all local rules and regulations. All bidders/buyers must have their financing in order prior to bidding on said property. Broker: HM Auction Lic# 409109181 

After hitting Register For Auction, please contact the auction company with your banks Pre-Approval letter or available funds letter. This will be needed to obtain your bidding number to bid on this property. If you are the successful bidder you will be contacted for signing a purchase agreement, which will need to be completed within 24 hours after the close of the auction. Please email questions to info@maringauction.com or call 800-801-4502. 

Broker: HM Auction Lic# 409109181

Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, may attempt to describe the merchandise in advertising on the internet and at the auction but makes no representations. In no event shall Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidder agrees that everything is sold AS-IS where is and that they may not return any item(s) they purchase. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, is providing Internet pre-auction and live bidding as a service to bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of auction. Under no circumstances shall bidder have any kind of claim against Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, or anyone else if the Internet service fails to work correctly before or during the live auction. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, reserves the right to withdraw or re-catalog items in this auction.

The information set forth is believed to be accurate. However, the seller(s) of the properties and Hamilton-Maring Auction Group or Maring Auction Co. LLC make no warranties or guaranties expressed or implied. Information contained in this document was collected from sources deemed to be reliable and is true and correct to the best of the writer’s knowledge. Auctioneers and seller(s) will not be held responsible for advertising discrepancies or inaccuracies. ALL ANNOUNCEMENTS ON AUCTION DAY OR UPDATED AUCTION DAY TERMS ONLINE TAKE PRECEDENCE OVER PREVIOUSLY ADVERTISED INFORMATION. HM Auction Group & Maring Auction Co. LLC is the agent for the sellers. Auctions are with reserves, minimum bids, or subject to seller acceptance or rejections unless otherwise advertised as “Absolute Auction selling without Reserve.” Information provided by the seller(s) and or obtained by Hamilton-Maring Auction Group or Maring Auction Co. LLC is deemed reliable and correct however all property is sold as is, where is and all buyer(s) or seller(s) agree to hold harmless Hamilton-Maring Auction Group or Maring Auction Co. LLC and our employees for any errors or omissions regarding anything being sold. Prospective buyers are advised to consult with an attorney of their choice with respect to the purchase of any real property including but not limited to, seeking legal advice from their own attorney regarding disclosures and disclaimers set forth.

AGENCY DISCLOSURE: HM Auction Group & Maring Auction Co. LLC is representing the seller in this transaction. 

LEASES: There is a current lease on said property. All rents from the growing year of 2024 will be retained by the seller(s). The property is free of all rental agreements for the 2025 growing season and beyond. 

POSSESSION: Possession will be at closing or after 2024 land tenant has removed all crops, unless otherwise agreed to in writing and agreeable by buyer(s) and seller(s). 

MINERAL RIGHTS: All mineral rights, if any, held by seller will be transferred upon closing. However, the Seller(s) does not warrant the amount or adequacy of the mineral rights.

WELL/SEPTIC INFORMATION: The buyer(s) is responsible for complying with any county requirements for transfer on the well or septic. Well and septic is being sold “as is, where is.” The buyer shall be responsible for this expense prior to or at closing in order to successfully close if there is a county requirement to comply with.

ENVIRONMENTAL DISCLAIMER: The seller(s), auctioneer(s), and broker do not warrant with respect to the existence or nonexistence of any pollutants, contaminants or hazardous waste prohibited by federal, state, or local law. Buyer(s) is responsible for inspection of the property prior to purchase for conditions including but not limited to water quality, and environmental conditions that may affect the usability or value of the property. No warranties are made as to the existence or nonexistence of water wells on the property, or the condition of any wells.

ONLINE BIDDING: You acknowledge that the internet or data connection may be unreliable and subject to network error. Hamilton-Maring Auction Group or Maring Auction Co. LLC will not guarantee that bids placed online will be transmitted to or received by auctioneer in a timely fashion. You agree to hold Hamilton-Maring Auction Group or Maring Auction Co. LLC and its employees harmless for any interruptions in online bidding. At the sole discretion of the company or auctioneer the auction may be suspended, postponed, or cancelled if the internet service is unstable or interrupts any live or online auction. The auctioneer has the sole discretion to add, delete or change some of our online auctions or services and the terms or conditions governing our online auctions at any time without notice.

PROPERTY SOLD WITHOUT WARRANTY: All dimensions & descriptions are approximations only based upon the best information available & are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the seller, broker or auctioneer, their employees, or agents The property will be sold AS IS & without any warranties or representations, express or implied.

4586 Kenyon BLVD
Faribault, Minnesota 55021
United States

After hitting Register For Auction, please contact the auction company with your banks Pre-Approval letter or available funds letter. This will be needed to obtain your bidding number to bid on this property. If you are the successful bidder you will be contacted for signing a purchase agreement, which will need to be completed within 24 hours after the close of the auction. Please email questions to info@maringauction.com or call 800-801-4502. 

Broker: HM Auction Lic# 409109181

Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, may attempt to describe the merchandise in advertising on the internet and at the auction but makes no representations. In no event shall Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidder agrees that everything is sold AS-IS where is and that they may not return any item(s) they purchase. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, is providing Internet pre-auction and live bidding as a service to bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of auction. Under no circumstances shall bidder have any kind of claim against Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, or anyone else if the Internet service fails to work correctly before or during the live auction. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Hamilton-Maring Auction Group, Hamilton Auction Company or Maring Auction Co. LLC, reserves the right to withdraw or re-catalog items in this auction.

The information set forth is believed to be accurate. However, the seller(s) of the properties and Hamilton-Maring Auction Group or Maring Auction Co. LLC make no warranties or guaranties expressed or implied. Information contained in this document was collected from sources deemed to be reliable and is true and correct to the best of the writer’s knowledge. Auctioneers and seller(s) will not be held responsible for advertising discrepancies or inaccuracies. ALL ANNOUNCEMENTS ON AUCTION DAY OR UPDATED AUCTION DAY TERMS ONLINE TAKE PRECEDENCE OVER PREVIOUSLY ADVERTISED INFORMATION. HM Auction Group & Maring Auction Co. LLC is the agent for the sellers. Auctions are with reserves, minimum bids, or subject to seller acceptance or rejections unless otherwise advertised as “Absolute Auction selling without Reserve.” Information provided by the seller(s) and or obtained by Hamilton-Maring Auction Group or Maring Auction Co. LLC is deemed reliable and correct however all property is sold as is, where is and all buyer(s) or seller(s) agree to hold harmless Hamilton-Maring Auction Group or Maring Auction Co. LLC and our employees for any errors or omissions regarding anything being sold. Prospective buyers are advised to consult with an attorney of their choice with respect to the purchase of any real property including but not limited to, seeking legal advice from their own attorney regarding disclosures and disclaimers set forth.

AGENCY DISCLOSURE: HM Auction Group & Maring Auction Co. LLC is representing the seller in this transaction. 

LEASES: There is a current lease on said property. All rents from the growing year of 2024 will be retained by the seller(s). The property is free of all rental agreements for the 2025 growing season and beyond. 

POSSESSION: Possession will be at closing or after 2024 land tenant has removed all crops, unless otherwise agreed to in writing and agreeable by buyer(s) and seller(s). 

MINERAL RIGHTS: All mineral rights, if any, held by seller will be transferred upon closing. However, the Seller(s) does not warrant the amount or adequacy of the mineral rights.

WELL/SEPTIC INFORMATION: The buyer(s) is responsible for complying with any county requirements for transfer on the well or septic. Well and septic is being sold “as is, where is.” The buyer shall be responsible for this expense prior to or at closing in order to successfully close if there is a county requirement to comply with.

ENVIRONMENTAL DISCLAIMER: The seller(s), auctioneer(s), and broker do not warrant with respect to the existence or nonexistence of any pollutants, contaminants or hazardous waste prohibited by federal, state, or local law. Buyer(s) is responsible for inspection of the property prior to purchase for conditions including but not limited to water quality, and environmental conditions that may affect the usability or value of the property. No warranties are made as to the existence or nonexistence of water wells on the property, or the condition of any wells.

ONLINE BIDDING: You acknowledge that the internet or data connection may be unreliable and subject to network error. Hamilton-Maring Auction Group or Maring Auction Co. LLC will not guarantee that bids placed online will be transmitted to or received by auctioneer in a timely fashion. You agree to hold Hamilton-Maring Auction Group or Maring Auction Co. LLC and its employees harmless for any interruptions in online bidding. At the sole discretion of the company or auctioneer the auction may be suspended, postponed, or cancelled if the internet service is unstable or interrupts any live or online auction. The auctioneer has the sole discretion to add, delete or change some of our online auctions or services and the terms or conditions governing our online auctions at any time without notice.

PROPERTY SOLD WITHOUT WARRANTY: All dimensions & descriptions are approximations only based upon the best information available & are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the seller, broker or auctioneer, their employees, or agents The property will be sold AS IS & without any warranties or representations, express or implied.

18.40 Acre Existing Building Site with Older 1 1/2 Story Home, Attached Garage, 1700+ Square Feet Of Living Area, 2002 Build Garage/Shop, Concrete Floor, Good Well with Newer Pump, Non-Conforming Septic. Great Property Located On HWY 60. 

Bidding Opens: Saturday April 26, 2025 at 8:00am
Bidding Starts Closing: Tuesday May6, 2025 at 10:00am 

Auction Location: 4586 Kenyon BLVD, Faribault, MN 55021

No donations for this lot