Online Only Auction-18.40 Acre Property with Home & Outbuildings

Description

*Online Only Auction*

18.40 Acre Property with Home & Outbuildings

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

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

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

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