Sibley County Tax Forfeiture Parcel 36-0032-000

Full Description

Condition: SEE DESCRIPTION STATE OF MINNESOTA TAX-FORFEITED PROPERTY, MANAGED BY SIBLEY COUNTY ALL LAND SALES ARE SOLD AS IS, WITHOUT WARRANTIES (EXPRESS OR IMPLIED) OR REPRESENTATION OF ANY KIND. SIBLEY COUNTY MAKES NO REPRESENTATIONS, WARRANTIES, OR GUARANTEES WITH RESPECT TO ACCESS TO STATE TAX FORFEITED LANDS SOLD. HOWEVER, ALL LAND SALES ARE STILL SUBJECT TO ANY/ALL EXISTING EASEMENT(S) OF RECORD AND RIGHT(S)-OF-WAY. 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 Sibley County Online Land Sales: Standard Disclaimer and Sibley 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. General Description Location: City of New Auburn Parcel: 36-0032-000 Legal: Lot 7, Block 9, Original City of New Auburn Size: 66' Feet x 123' Feet Estimated Market Value: $6,500.00 Special Assessments After Forfeiture: $0.00 Special Assessments Before Forfeiture: $1,491.65 PAYMENT TERMS AMOUNT(S) DUE UPON SALE Deed: State Deed will be given after full payment is made. A state deed is a quitclaim deed which has the characteristics of a patent from the State of Minnesota. 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: Any lands offered for sale may be subject to unpaid assessments against the property. Before purchasing, any prospective buyer should consult the city or township clerk and county, in respect to any unpaid assessments that may exist. Any assessments against the property for public improvements after the property forfeited to the state shall be assessed against the property and paid for at the time of purchase, pursuant to Minnesota Statutes, 282.01, Subd. 3. 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 (Minnesota Stat. 429.071, Subd. 4 and 435.23). Check with the city or township clerk and county for any additional assessments that existed prior to forfeiture, which may be re-assessed by the municipality. Recording Fee: $46.00 or as set by the Sibley County Recorder. Deed Fee: $25.00 Deed Tax: 0.0033 times the purchase price or $1.65 minimum, whichever is greater. *DO NOT PAY FROM THE PUBLIC SURPLUS WINNING NOTIFICATION. SIBLEY COUNTY AUDITOR-TREASURER WILL CALCULATE AND E-MAIL THE WILLING BIDDER A NOTICE OF AWARD INCLUDING THE FINAL AMOUNT DUE. PAYMENT REQUIREMENTS Payment must be made by Cash, Cashier's Check, or Money Order made payable to Sibley County Auditor-Treasurer. Previous Default: Payment must be made by certified funds if purchaser has ever made payment that has been returned non-sufficient funds (NSF). When the auction closes, Sibley County Auditor-Treasurer will send the winning bidder an e-mail to begin processing the transaction. Your prompt response is appreciated to complete the transaction in a timely manner to avoid having your bid considered null and void. The successful bidder will be required to remit payment in full to Sibley County Auditor-Treasurer within ten (10) business days from the date of the Notice of Award. If payment is not received within ten (10) business days, Sibley County reserves the right to sell the property to the next highest bidder or re-post the auction. CONFLICT OF INTEREST Sibley County officials and employees are prohibited from using privileged government data obtained through their positi