Auction Details

Island Lake Lots
Absolute Real Estate Auction
4 Platted Island Lake Lots!

The Eagles Second Edition – Island Lake, Lengby, MN
Location: Between Fosston and Bagley, MN exit south off US Highway #2 onto County #4 and proceed through Lengby, MN 4 miles to Island Lake West Shore Drive. Follow West Shore Drive to Valhalla Drive and continue to The Eagles Second Addition sign and auction site. You’re there!

SATURDAY JULY 4TH, 2020 – 3PM

4 Platted Island Lake Lots! The Eagles Second Addition is nestled along the South West tip of Island Lake, just South of Lengby, MN.

Lot 4: Beautiful 5.8± Acre Wooded Lake Lot with excellent building site. Bidding begins at only $39,000 and will be sold to the high bidder!
Three Large Wooded Back Lots: Lot 1 is 2.14± Acres; Lot 2 is 1.94± Acres and Lot 3 is 1.80± Acres. Bidding begins at only $19,000 each and will be sold to the high bidder!

Each one of these wooded lots features a wonderful building site. The lots have been surveyed, have marked corners and are sized and platted for a 1200 sq./ft house, 500 sq./ft detached garage and mound septic system. Perfect for your Up North Get-A-Way home or cabin, Big Toy Shed or a place to park your RV or travel trailer while you enjoy everything the Island Lake area has to offer! With trophy class Walleye fishing & immediate on the hook Sunfish for the kids, Island Lake offers the most diverse outdoor recreational opportunities including miles of snowmobiling, ATV riding and walking trails through the woods. Year round you can enjoy abundant wildlife and adventure from one of these exceptional lots.

From the entrance of The Eagles Addition on CR #4: *4 miles from Lengby; VFW, Lengby Oil gas station *2 miles from Ruffed Grouse Road House – Casino, Bar & Grill *11 miles from Fosston and full shopping experience *18 Miles from Mahnomen Shooting Star Casino & Hotel *27 miles from Itasca State Park; Headwaters of the Mississippi River (oldest park in MN) * 37 miles from Bemidji and full, large town shopping experience *52 miles from Detroit Lakes; Soo Pass Ranch *57 miles from Park Rapids, Rodeo & fine Italian dining *From the Lots: Only ¼ mile to Public Boat Access!

TERMS & CONDITIONS OF REAL ESTATE AUCTION: $5,000.00 down payment day of auction, for each parcel. The successful bidder shall enter into a non-contingent “As Is” purchase agreement on the day of auction prepared by David L. Veo Realty, Broker and pay non-revocable down payment to be held in escrow. The balance will be due at closing, approximately 45 days. The seller will furnish marketable title to said property. The Real Estate will be considered sold when all parties have signed the purchase agreement. Bidding increases will be in such increments at the sole discretion of the auctioneer. Property is not subject to prior sale and is sold “As-Is with All Faults”. All announcements made by the auctioneer take precedence over any previous advertising or oral statements. Jokela Auction Co. and David L. Veo Realty represent the seller in this transaction. Square footage dimensions and acreage amounts are based upon information provided by the seller and are believed to be correct, however, purchaser shall bear the responsibility to confirm all calculations prior to the auction. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. Jokela Auction Co. & David L. Veo Realty are not responsible for errors or omissions.
BUYERS PREMIUM: A 3% Buyers Premium will be added over and above the high bid. This will equal the contract price.