Lot # : 1 - Randen Ridge Retreat

Online Only Auction
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Gatzke, MN 56274
Date(s)
11/15/2022 - 11/17/2022
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Randen Ridge Retreat
Description
Randen Ridge Retreat is an exceptional find located in the sportsman’s paradise of northwest Minnesota. Located just east of Thief Lake in Marshall County, this legacy property has been in the same family for over 60 years and have enjoyed a lifetime of memories on this property. There is now an opportunity for the next family to start making theirs. Land Offering 280 acres of mostly wooded recreational land, a rustic cabin, miles of well-maintained trails, ponds, and multiple deer stands. Most of the trails are large enough to accommodate access with a pickup truck. This wooded parcel contains mostly aspen, poplar, and tamarack with four dugout ponds and several small hayfields that would be ideal for future food plots. Improvements Improvements include a rustic cabin, 30’ x 50’ barn, and yard sheds. The cabin is approximately 1,600 square feet and includes a kitchen, living room, dining room, 2 bedrooms and 1 bathroom. A large wood stove provides ample heat for that cozy up north feel. Cabin is equipped with electricity, water provided by a holding tank, septic system, and high-speed internet is located near the northwest corner of the property and could be brought in easily. Recreation This overall area is a hunter’s paradise with prime hunting for white-tailed deer, black bear, wild turkey, waterfowl, sandhill cranes, and grouse. Located in deer management unit 101, several quality bucks have been taken on this land over the years. Lake of the Woods, known as the walleye capital of the world, is less than an hour away. Northwest Minnesota is a waterfowl superhighway for birds migrating from Canada and is one of the nations top destinations for grouse. There is vast amounts of public land in the area including Thief Lake Wildlife Management Area and Wapiti Wildlife Management Area. Both WMA’s have approximately 50,000 acres open to public hunting. Thief Lake is a 7,100-acre shallow lake and is an exceptional waterfowl area for geese and various species of ducks. It is noted as one of the best WMAs in the state. For ATV/snowmobile enthusiasts, access to trails is located within close proximity. Location Located 10 miles east of Thief Lake, 25 miles south of the Roseau airport, 45 miles from Lake of the Woods and 310 miles or 5 hours from the Twin Cities.
Name Randen Ridge Retreat
Auctioneer
Hayden Outdoors LLC
Type Online-Only Auction
Date(s) 11/15/2022 - 11/17/2022
Auction Date/Time Info
11/15/2022 9:00 am CST 11/17/2022 Closes 3:00 Pm CST
Preview Date/Time Contact Listing Broker
Checkout Date/Time 11/17/2022 3:00 PM CST
Location
42220 370th Avenue NE, Gatzke, Minnesota 56274, USA
Gatzke, MN 56274
Buyer Premium There is a 10% BP
Description
Randen Ridge Retreat is an exceptional find located in the sportsman’s paradise of northwest Minnesota. Located just east of Thief Lake in Marshall County, this legacy property has been in the same family for over 60 years and have enjoyed a lifetime of memories on this property. There is now an opportunity for the next family to start making theirs. Land Offering 280 acres of mostly wooded recreational land, a rustic cabin, miles of well-maintained trails, ponds, and multiple deer stands. Most of the trails are large enough to accommodate access with a pickup truck. This wooded parcel contains mostly aspen, poplar, and tamarack with four dugout ponds and several small hayfields that would be ideal for future food plots. Improvements Improvements include a rustic cabin, 30’ x 50’ barn, and yard sheds. The cabin is approximately 1,600 square feet and includes a kitchen, living room, dining room, 2 bedrooms and 1 bathroom. A large wood stove provides ample heat for that cozy up north feel. Cabin is equipped with electricity, water provided by a holding tank, septic system, and high-speed internet is located near the northwest corner of the property and could be brought in easily. Recreation This overall area is a hunter’s paradise with prime hunting for white-tailed deer, black bear, wild turkey, waterfowl, sandhill cranes, and grouse. Located in deer management unit 101, several quality bucks have been taken on this land over the years. Lake of the Woods, known as the walleye capital of the world, is less than an hour away. Northwest Minnesota is a waterfowl superhighway for birds migrating from Canada and is one of the nations top destinations for grouse. There is vast amounts of public land in the area including Thief Lake Wildlife Management Area and Wapiti Wildlife Management Area. Both WMA’s have approximately 50,000 acres open to public hunting. Thief Lake is a 7,100-acre shallow lake and is an exceptional waterfowl area for geese and various species of ducks. It is noted as one of the best WMAs in the state. For ATV/snowmobile enthusiasts, access to trails is located within close proximity. Location Located 10 miles east of Thief Lake, 25 miles south of the Roseau airport, 45 miles from Lake of the Woods and 310 miles or 5 hours from the Twin Cities.
1.The Buy/Sell Agreement at auction will indicate a Specific Performance Contract. 2.In the event the property is sold at auction, Hayden Outdoors will reimburse the Seller for any of the advance marketing costs paid by Seller. 3.Seller agrees to abide by the Auction Terms and Conditions listed below. AUCTION TERMS & CONDITIONS REAL ESTATE AUCTION ANNOUNCEMENTS AND STATEMENTS MADE BY HAYDEN OUTDOORS AT AND/OR DURING THE AUCTION WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR OTHER ORAL STATEMENTS. 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 BELOW. AUCTION LOCATION: ONLINE ONLY, NOV 15-17, 2022. AUCTION FORMAT: This auction is an Online Auction, will be offered for sale to the highest bidder(s), and will be sold subject to Seller confirmation. Our goal is to realize the highest and best return to the seller, and to satisfy all interested parties by allowing bidders, who are interested, to have the same opportunity.Upon completion of the auction, a 10% buyer`s premium will be added to the final bid price to determine the total contract sale price. Bidding is allowed to all registered bidders. Bidders will be required to preregister online and provide required information in order to receive bidder authorization. AUCTION PROCEDURES: Conduct of the auction and increments of bidding are at the direction and discretion of Hayden Outdoors. Announcements made by Hayden Outdoors representative, or auctioneer, supersede all previously printed material. Auction is open to registered bidders. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer`s records shall be conclusive. Property is sold AS IS, WHERE IS, with NO Contingencies allowed. AUCTION REGISTRATION: All parties seeking to bid on the property offered at auction must register online prior to the auction conclusion. Bidders are encouraged and may register prior to the auction. Same day registration will be allowed, and bidders should allow enough time to register and receive a bid number prior to auction. All bidders will be required to complete a statement ("Bidders Registration") prior to commencement of bidding that the bidder has inspected the property and sale documents and is financially capable of closing the transaction. All bidding is open to the public, including qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap. REQUIREMENTS OF THE HIGH BIDDER(S): Immediately following the conclusion of the auction, the highest bidder(s) shall enter into and sign a Minnesota Real Estate Buy/Sell Contract for the total contract sale price. Required earnest money deposit to be in the form of wired funds, a personal, business, or corporate check for minimum of 10% non-refundable earnest money (or per contract), which is due upon the signing of the contract and to be deposited with XXXXX Title Company. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Terms and conditions of the detailed brochure and oral announcements shall be incorporated into and made part of this contract. CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or cashier`s check (Good Funds), the balance of purchase price (purchase price less earnest money deposit), plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before December 17, 2022. Closing to be conducted by Company and the closing agent fees to be split equally between Sellers and Purchaser(s). POSSESSION: Possession of property upon completion of closing. PROPERTY CONDITION: The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers or Sellers Agents. TITLE: Sellers to pass title by Special Warranty Deed. The Purchaser(s) to receive a TBD title commitment within the Property Information Packet, updated title commitment with the Purchaser(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner`s title insurance policy in an amount equal to the Purchase Price after closing.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium There is a 10% BP
Payment Terms
Broker will contact Winning Bidder Following auction.
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