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Lot # 16

27.5 Acres on the Mississippi

45370 Eagle St, Aitkin, MN 56431 / Phone: 651-276-2267

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27.5 Acres on the Mississippi

Lot # 16


No Reserve Land Auction

This 27.5 Acre parcel in Cedarbrook boasts approx 3800 feet of southern shoreline along the Mississippi, A combination of about 17 acres of hay field and 10 acres of woods.  Great opportunity for a little spot to call your own,  to hunt, fish, camp, farm, etc.

As the picture shows this property has a road easement going through another parcel of land to get to the property.  Please be respectful when driving in to inspect the land.

Please call John Wedel at 651-276-2267 to register by phone or register on line.  It is quick and simple, only your name, contact info, mailing address, and email address required to bid.

Auction will end at 7pm on Sunday June 24th, 2018.  It is highly suggested to place initial bid when you first register to confirm bid goes through.  

Located approx 5 miles west of Aitkin on County Road 15 "Eagle St" formally known as "Cedarbrook Road" 

Please note if you plan to use financing,  a pre approval letter will be required with purchase agreement stating buyer is approved for a land only sale

earnest money of 10%  of purchase price will be collected at signing of purchase agreement


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Please call John Wedel at 651-276-2267 to register by phone or register on line.  It is quick and simple, only your name, contact info, mailing address, and email address required to bid.

Auction will end at 7pm on Sunday June 24th, 2018.  It is highly suggested to place initial bid when you first register to confirm bid goes through.  

Located approx 5 miles west of Aitkin on County Road 15 "Eagle St" formally known as "Cedarbrook Road" 


Open House:

Fri, Jun 15, 2018 12:00 am   thru Sun, Jun 24, 2018 07:00 pm

Auction Closing:

Sun, Jun 24, 2018 07:00 pm

Closing:

By Appointment Only

Bidding Increments:


Range Increment 
$0.01 - $75.00$1.00
$75.01 - $150.00$5.00
$150.01 - $250.00$10.00
$250.01 - $500.00$25.00
$500.01 - $1,000.00$50.00
$1,000.01 - $5,000.00$75.00
$5,000.01 - $50,000.00$100.00
$50,000.01 - $75,000.00$250.00
$75,000.01 - $100,000.00$500.00
$100,000.01 - $2,500,000.00$1,000.00



Buyer's Premium


Buyer's Premium
5.00%


5% buyers premium will be additional to Bid price.  

 

Note example: $20,000 high bid will have $1,000 added into purchase agreement price $20,000 x 5% = $1,000 total purchase price $21,000

Purchase agreement will be prepared for highest bidder the following business day after auction ends

$2000 earnest money or 10% of purchase price will be required to be mailed in  with the original buyer signed purchase agreement

Must close within 30 days of accepted purchase agreement.  $50/day per diam if closing is delayed by buyer, buyers lender, or buyers title company.

Buyer purchasing property in As-Is Condition


 

Earnest money to be delivered within 2 business days of signed contract.

Earnest money is non refundable after inspection period is completed.

If buyer is being represented the buyer's broker information must be submitted and approved prior to the buyers initial bid .  Please call Auctioneer John Wedel at 651-276-2267 to verbally register.  Email registrations can be sent to john.wedel@integra.net


45370 Eagle St
Aitkin
MN, 56431

651-276-2267




  • 46.5579090000, -93.7930483000