Mahnomen County Tax-Forfeiture (PID 07-002-0500)

Full Description

Parcel Number: 07-002-0500 Property Type: Agriculture Lot Size (Acres): 76.86 Building Size (Sq Feet): N/A Zoning: Contact Jurisdiction Condition: SEE DESCRIPTION Description STATE OF MINNESOTA TAX-FORFEITED PROPERTY, MANAGED BY MAHNOMEN COUNTY General Description W SW less: A parcel of land in the West Half of the Southwest Quarter (W SW ), Section Two (2), Township One Hundred Forty-six (146), Range Thirty-nine (39) West of the 5th P.M., described as follows: beginning at the Southwest corner of the W SW , Sec. 2, Twp. 146, R. 39 W., then East along the South boundary of said SW a distance of 305 feet to the point of beginning of the parcel herein described; then continuing along the South boundary fine of said SW a distance of 335 feet to a point; then at a right angle North and parallel to the West boundary line of the SW a distance of 408 feet to a point; then at a right angle West and parallel to the South boundary line of the SW a distance of 335 feet to a point; then at a right angle South and parallel to the West boundary line of the SW a distance of 408 feet, more or less, to the point of beginning. Parcel Number: 07-002-0500 Starting Bid Price: $159,200.00 The parcel included in this auction is a settlement period parcel. Settlement period parcels are those that forfeited between June 23, 2016 and December 31, 2023. The sale will be governed by the provisions of Minnesota Laws 2024, Chapter 113, section 1, as amended by Minnesota Laws 2024, Chapter 127, article 70, section 10. All listed improved and non-improved properties will be offered for sale to the highest bidder at online auction in two auction periods. In the first auction period, non-improved properties shall be offered at appraised value without restrictions and improved properties shall be offered at appraised value for a period of 30 days only to persons who intend to own and occupy the property as a residence or who intend to use the property for non-commercial personal use. All remaining improved and non-improved properties not sold during the initial auction period will then be offered at appraised value in the second auction period without restrictions. The first auction period shall commence on Tuesday, October 13, 2026 at 10:00 A.M. CST and conclude on Thursday, November 12, 2026 at 10:00 A.M. CST. If necessary, the second auction period shall commence on Monday, November 16, 2026 at 10:00 A.M. CST, and conclude on Monday November 30, 2026, as provided by the terms of the sale. Obligation of Bidder At the time of auction's closing, each bidder will be presumed to have read and to be thoroughly familiar with any and all plans, contract documents and documents attached to the auction listing, including but not limited to Mahnomen County Online Land Sales: Standard Disclaimer and the Mahnomen County Terms and Conditions. The failure or omission of any bidder to examine any form, instrument or document shall in no way relieve any bidder from any obligation in respect to their bid. A winning bid by a qualified buyer constitutes a legally binding contract. Payment Terms - Amount(s) Due Upon Sale Full Payment Full Payment of the total sale value. State Assurance Fee 3% of total sale price of land and structures. This percentage is state mandated and goes into the State's General Fund to cover losses in the event that the state has to defend its right to forfeit land. Assessments Purchasers of land within the city limits of the City of Mahnomen, Waubun, and Bejou are encouraged to contact the City Clerk of the respective city regarding any unpaid special assessments and payment arrangements. Any new assessments against the property for public improvements after the property forfeited shall be assessed against the property and paid at the time of purchase. Any municipality or other public authority is authorized to make a reassessment or a new assessment to a parcel in an amount equal to the remaining unpaid original assessment at the time of forfeiture (M