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  • Published Date

    April 5, 2024
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FARMLAND FOR SALE ON BIDS Minnwest Bank f/k/a Minnwest Luverne, a Minnesota banking corporation ("Seller"), offers for sale 28.61 +/- acres of real property located at what is commonly known as 2313 150th Avenue, Edgerton, Minnesota 56128: Tract A: BEGINNING AT THE NORTHEAST CORNER OF SECTION 13. Tract B: A TRACT COMMENCING AT THE SOUTHWEST (SW) CORNER OF THE SOUTHEAST QUARTER (SE1/4) Tract C: THE EAST SIX HUNDRED SIXTY-SEVEN (E 667) FEET OF THE SOUTH THREE HUNDRED FIFTY-EIGHT (S 358) FEET OF THE SOUTHEAST QUARTER (SE 4) OF SECTION TWELVE (12) Description: 28.61 acres, more or less, generally classified as agricultural land, comprised of a house and a cattle barn approximately 320' x 66' in size. The Property contained a reg- istered feedlot and manure storage area, Registration ID No.: 133-123658. There currently is a tenant on the Property, leas- ing the cattle barn for tenant's cattle, and the manure on the Property is property of the tenant. Tenant anticipates vacating the Property prior to closing. Open House Date: April 4, 2024, from 1:00 p.m. - 3:00 p.m., or by appointment. Except for the above, no trespassing on the Property is allowed. Bids to be submitted to: Jellum Law P.A. at 7616 Currell Boulevard, Suite 245, Woodbury, Min- nesota 55125, on or before April 15, 2024, at 5:00 p.m. CST. Bids must include the following information: Name of bidder, address, phone number, and email of bidder, bid amount in U.S. Dollars, and a cashier's check for earnest money in the amount of $25,000 payable to Jellum Law, P.A., IOLTA Trust Account. The minimum bid amount shall be $350,000. In the event there are two or more equal high bids, Minnwest Bank will contact the equal high bidders and provide those bidders with the opportunity to increase their bid amounts within 24-hours of the close of the original bidding. Seller reserves right to accept or refuse any bids at its sole dis- cretion. For further information and additional legal descrip- tions or to arrange a walk through, please contact Melissa Fick at Minnwest Bank at (507) 283-4038. FARMLAND FOR SALE ON BIDS Minnwest Bank f / k / a Minnwest Luverne , a Minnesota banking corporation ( " Seller " ) , offers for sale 28.61 +/- acres of real property located at what is commonly known as 2313 150th Avenue , Edgerton , Minnesota 56128 : Tract A : BEGINNING AT THE NORTHEAST CORNER OF SECTION 13 . Tract B : A TRACT COMMENCING AT THE SOUTHWEST ( SW ) CORNER OF THE SOUTHEAST QUARTER ( SE1 / 4 ) Tract C : THE EAST SIX HUNDRED SIXTY - SEVEN ( E 667 ) FEET OF THE SOUTH THREE HUNDRED FIFTY - EIGHT ( S 358 ) FEET OF THE SOUTHEAST QUARTER ( SE 4 ) OF SECTION TWELVE ( 12 ) Description : 28.61 acres , more or less , generally classified as agricultural land , comprised of a house and a cattle barn approximately 320 ' x 66 ' in size . The Property contained a reg- istered feedlot and manure storage area , Registration ID No .: 133-123658 . There currently is a tenant on the Property , leas- ing the cattle barn for tenant's cattle , and the manure on the Property is property of the tenant . Tenant anticipates vacating the Property prior to closing . Open House Date : April 4 , 2024 , from 1:00 p.m. - 3:00 p.m. , or by appointment . Except for the above , no trespassing on the Property is allowed . Bids to be submitted to : Jellum Law P.A. at 7616 Currell Boulevard , Suite 245 , Woodbury , Min- nesota 55125 , on or before April 15 , 2024 , at 5:00 p.m. CST . Bids must include the following information : Name of bidder , address , phone number , and email of bidder , bid amount in U.S. Dollars , and a cashier's check for earnest money in the amount of $ 25,000 payable to Jellum Law , P.A. , IOLTA Trust Account . The minimum bid amount shall be $ 350,000 . In the event there are two or more equal high bids , Minnwest Bank will contact the equal high bidders and provide those bidders with the opportunity to increase their bid amounts within 24 - hours of the close of the original bidding . Seller reserves right to accept or refuse any bids at its sole dis- cretion . For further information and additional legal descrip- tions or to arrange a walk through , please contact Melissa Fick at Minnwest Bank at ( 507 ) 283-4038 .