DESCRIPTION:
5± acre building site tract located in SE 1/4 of NW 1/4, Sec12-T106N-R22W. If building site is sold as separate parcel, the building site will be surveyed.

TAX ID #:
080120300 (160 acres), Assessor will recalculate taxes if sold as two parcels

REAL ESTATE TAXES:
Estimated 2026 Non-Homestead Taxes -
Building Site Only (assessor estimated for 2026) - $1,000.00
Special Assessment - 2025 - $0.00
Total Estimated Tax & Specials - $1,000.00

RENT/LEASE INFORMATION:
Tower Lease #1: Annual Payment of $1,180.00
Tower Lease #2: Annual Payment of $5,770.00 (includes $600 for electricity)
Tower Lease #3: Annual Payment of $2,256.13 (includes $600 for electricity)
Tower lease income will be prorated to date of closing.
Lease information will be available upon request.

SOIL DESCRIPTION:
Lester loam, Terril loam, Reedslake-LeSeuer complex, Houghton muck, Hamel, Klossner muck, Cordova clay loam. See Soils Map.

TOPOGRAPHY:
Level to rolling.

DRAINAGE:
4" tile to old garage, drains west and south

Other:

• Two 40'x80' machine sheds
• 22'x14' old garage
• 10'x16' shed
• 180' tower with 18'x12' building

If Parcel 1 and Parcel 2 are sold to separate buyers, Seller and Buyer will prorate real estate taxes, special assessments and income to date of closing.
If Parcel 1 and Parcel 2 are sold to separate buyers, Seller will have Parcel 2 surveyed.

Click to view larger image

Register & Submit Your Opening Bid

• Only registered bidders may attend and participate in the auction.
• Your opening bid must be stated as a price per deeded acre and must be rounded to the nearest $100.

Registration Deadline:
Wednesday, April 15, 2026 at 12:00 p.m.
To register, complete the online form and submit your opening bid at the following link:
REGISTER HERE

Auction Day

• All submitted opening bids will be acknowledged at the start of the auction.
• Registered bidders will then have the opportunity to raise their bid through a live, in-person competitive auction format.

Date and Time:
Thursday, April 16,  2026 at 11:00 a.m.

Auction Location:
Waseca County East Annex Building
300 N State Street
Waseca, MN 56093

If You Are the Successful Bidder

• The successful bidder will sign a Purchase Agreement on the day of the auction and pay 10% earnest money at that time.
• A 2% Buyer Premium will be added to the final bid price to arrive at a final contract price.
• Tower lease income will be prorated to date of closing.
• The entire balance of the purchase price, without interest, will be due and payable on, or before Tuesday, May 19, 2026 at which time marketable title shall be conveyed.

Key Terms

• The property will be sold “as is, where is.”
• The seller will retain all 2025 lease income and will pay real estate taxes and special assessments due and payable in 2025.
• The buyer will be responsible for real estate taxes due and payable in 2026 and thereafter, along with any unpaid special assessments payable with those taxes and thereafter.
• The seller reserves the right to reject any and all bids and to waive any irregularities in the bidding.
• Announcements made on the day of the auction take precedence over all written materials.
• Information in the brochure is from sources deemed reliable but Wingert Land Services makes no guarantee to its accuracy.