ALL LAND SALES ARE SOLD AS IS, WITHOUT WARRANTIES (EXPRESS OR IMPLIED) OR REPRESENTATION OF ANY KIND. OLMSTED 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, documents including any addenda included in the auction listing. Including but not limited to Olmsted County Online Land Sales "Standard Disclaimer" and Olmsted County "Terms and Conditions".  The "Standard Disclaimer" and "Terms and Conditions" are attached at the end of this listing.  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.

Location: City of Stewartville 

Parcel: 54.34.12.030003

Legal: Lot 6, Block 2 Riverside Addition

Assessed Value: $ 3,500

Special Assessments After Forfeiture (as of     8.26.25): $0

Special Assessments Before Forfeiture: $0

PAYMENT TERMS – AMOUNT(S) DUE UPON SALE

Full Payment:

Full Payment of the total sale value. The successful bidder is required to remit payment to Olmsted County PRL within three (3) business days from the date of the Notice of Award. If payment in full is not received within the required time frame, Olmsted County reserves the right to sell the property to the next highest bidder or repost the auction.

Buyer Premium:

A Buyer Premium of 5% of the auction price will be added to the final sale price with a $1 minimum charge per auction.  The premium will be visible during the bidding process and will be included in the required payment to Olmsted County PRL.

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:

Check with the city/town clerk for any additional assessments of which the County Auditor is not aware. If assessments are listed on sale listing as certified, assessments must be paid in full at the time of sale. Additional assessments that existed prior to forfeiture may be re-assessed by the municipality.

Timber Value:

Must be paid in full at the time of sale. Please note: The timber value increases the same percentage as the sale bids up.

Recording Fee:

$46.00 or as set by the Olmsted County Recorder. If there is a well on the property, there is an additional $50.00 fee for well disclosure.

Deed Fee:

$25.00 is paid to the State's General Fund.

Deed Tax:

0.0033 times the purchase price or $1.65 for any bid under $3,000, whichever is greater.

*DO NOT PAY FROM THE PUBLIC SURPLUS WINNING NOTIFICATION. OLMSTED COUNTY REVENUE DEPARTMENT WILL CALCULATE AND E-MAIL THE WINNING BIDDER A NOTICE OF AWARD INCLUDING THE FINAL AMOUNT DUE.

PAYMENT REQUIREMENTS

Payment must be made by cash, Cashier's Check, Certified Check, or Personal Check made payable to Olmsted County PRL. Payment made by Personal Check will require a 14-day waiting period before the process to have the State prepare and execute a deed transferring title will begin.

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, Olmsted County Revenue Department 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 Olmsted County PRL within three (3) business days from the date of the Notice of Award. If payment is not received within three (3) business days, Olmsted County reserves the right to sell the property to the next highest bidder or repost the auction.

CONFLICT OF INTEREST

Olmsted County officials and employees are prohibited from using privileged government data obtained through their position to further their own private interests.

As per Minnesota Statute 282.016, the direct or indirect purchase of tax forfeited land by individuals employed within the Property Records and Licensing Department that carry out the County Auditor's duties, within the County Finance Department that carry out the County Treasurer's duties, County Attorney's Office, Court Administrator of the District Court, or County Assessor's Office is prohibited.