159.00± ACRES
Edwarlis LLC

SEALED BID LOCATION AND TIME:

Lewiston Community Center
75 Rice Street
Lewiston, MN 55952
Wednesday, July 23, 2025 @ 1:00 p.m.
 

SEALED BID LOCATION AND TIME:

1. Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall complete the online registration form. All potential buyers shall complete registration by 12:00 p.m., Tuesday, July 22, 2025.
    
   Earnest Money Requirement for Online Bidders (Without Personal Representative Present)
   To ensure a secure and seamless bidding process, all online bidders not represented in person at the live auction are required to submit an earnest money check in the amount of $25,000, made payable to Karl Sonneman IOLTA. This check must be received by Wingert Land Services no later than July 22, 2025 in order to be approved for online participation. The earnest money check must be issued from the account of the registered bidder and reflect the name under which the bidder is registered for the auction. This earnest money demonstrates your intent and commitment to participate in the auction process. If you are the successful high bidder, this check will either be returned or destroyed upon execution of a mutually signed purchase agreement and receipt of the full 10% earnest money. If you are not the winning bidder, the check will be promptly returned or securely destroyed, based on your preference. If online registration is not possible, please mail or deliver a sealed bid to be received no later than 12:00 p.m., Tuesday, July 22, 2025 to:
    
   Wingert Land Services
   Attn: Geoff Mead
   1160 S. Victory Drive, Ste. 6
   Mankato, MN 56001
    
2. The submitted bid shall state the price per acre to the nearest $100.
3. All persons submitting a bid will be allowed to raise their bid after all bids have been opened.
4. The premise described herein will be sold “as is, where is”
5. Seller and Buyer shall prorate, to the date of closing, the 2025 lease income, real estate taxes and special assessments certified for payment with the real estate taxes due and payable in 2025. Buyer shall pay real estate taxes due and payable in 2026 and thereafter, and any unpaid special assessments payable therewith and thereafter.
6. The successful bidder or bidders will enter into a Purchase Agreement and shall pay as earnest money 10% of the successful bid on the day of auction.
7. A 2% Buyer Premium will be added to the final bid price to arrive at a final contract price.
8. The entire balance of the purchase price, without interest, will be due and payable on, or before Friday, September 5, 2025 at which time marketable title shall be conveyed.
9. The Seller(s) reserves the right to reject any and all bids and to waive any irregularities in the bidding.
10. Announcements made the day of the auction take precedence over written material.
11. Information provided within this brochure is from sources deemed reliable but Wingert Land Services makes no guarantee as to its accuracy.

BID SUBMITTING INSTRUCTIONS:

1. Please complete online bid registration here.
    
   Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall complete the online registration form. All potential buyers shall complete registration by 12:00 p.m., Tuesday, July 22, 2025.
    
   Earnest Money Requirement for Online Bidders (Without Personal Representative Present)
   To ensure a secure and seamless bidding process, all online bidders not represented in person at the live auction are required to submit an earnest money check in the amount of $25,000, made payable to Karl Sonneman IOLTA. This check must be received by Wingert Land Services no later than July 22, 2025 in order to be approved for online participation. The earnest money check must be issued from the account of the registered bidder and reflect the name under which the bidder is registered for the auction. This earnest money demonstrates your intent and commitment to participate in the auction process. If you are the successful high bidder, this check will either be returned or destroyed upon execution of a mutually signed purchase agreement and receipt of the full 10% earnest money. If you are not the winning bidder, the check will be promptly returned or securely destroyed, based on your preference.
2. If online bid registration is not possible, please complete the written bid form found in the brochure.
3. Your bid must indicate the price per deeded acre, rounded to the nearest $100.
4. Only registered bidders may attend. Must be registered prior to auction date. All potential buyers shall complete either online registration or submit a written sealed bid, which must be received no later than 12:00 p.m., Tuesday, July 22, 2025, to:
    
   Wingert Land Services
   Attn: Geoff Mead
   1160 S. Victory Drive, Ste. 6
   Mankato, MN 56001

   Cell: 507.317.6266
   Email: geoff@wingertlandservices.com