Franklin County, IA Land & Real Estate Auction - 118± Acres, 4 Tracts

Farm Auction in 2423 115th Street Ackley, IA 50601, Ackley, Iowa, United States

07 Monday
07th December, 2020

Franklin County, IA Land & Real Estate Auction - 118± Acres, 4 Tracts

Farm Auction in 2423 115th Street Ackley, IA 50601, Ackley Iowa, United States

Monday at - 07th December , 2020

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Description

116± Acres offered in 4 Tracts in Franklin County, IA! For information contact Steffes Group at 641.423.1947; Duane Norton, 515.450.7778 or Nate Larson, 319.931.3944

FRANKLIN COUNTY, IOWA LAND
& REAL ESTATE AUCTION

Timed Online

 

DUMONT & HAMPTON, IOWA

Land is located 2 1/2 miles west of Dumont on Highway 3 then 3 ½ miles south on Franklin Avenue, then ½ mile west on 115th Street to 2423 115th Street, Ackley, IA.  The intown home is located at 417 1st Street SE, Hampton, IA

 

Bidding Opens: Monday, November 30      

Bidding Closes: Monday, December 7, 2020 at 4PM

 

Open House on Monday, November 30th from 4-5PM

 

118 Acres M/L & Hampton Home – Sells in 4 Tracts

Farm Sells Free & Clear for 2021!

 

Tract #1 – 56.42 Surveyed Acres M/L

FSA indicates: 53.55 NHEL acres tillable.

Corn Suitability Rating 2 is 77 on the tillable acres.

Located in Section 13, Geneva Township, Franklin County, Iowa.

 

View Tract 1 Soil Map


Tract 1 - Real Estate Taxes:

Gross                  $1,186.40

Ag. Credit               ($38.75)

Net (Approx.)      $1,148.00

 

Tract #2 – 38.5 Acres M/L

FSA indicates: 35.72 NHEL acres tillable.

Corn Suitability Rating 2 is 56.1 on the tillable acres.

Located in Section 13, Geneva Township, Franklin County, Iowa.

 

View Tract 2 Soil Map

 

Tract 2 - Real Estate Taxes:

Gross                  $856.10

Ag. Credit            ($30.12)

Net (Rounded)    $826.00

 

Tract #3 – 23.12 Surveyed Acres M/L

Located at 2423 115th Street, Ackley, IA.
This tract offers pasture ground with a 1 ½ story, two bedroom home with 1,157 sq.ft. of living space, in addition to older outbuildings, grain bin and a well.  Located in Section 13, Geneva Township, Franklin County, Iowa.

Tract 3 - Real Estate Taxes:

Please note there will not be a tax prorate at closing on Tract #3, due to current tax credits making zero taxes due

 

Tract #4 – Two Bedroom Home

Located at 417 1st St. SE, Hampton, IA

Looking for an investment property or first time home?  Take a look at this two bedroom, 1 bath home with 756 sq.ft. of living space. This home offers a living room, eat in kitchen, two bedrooms and a bathroom. The basement has storage space, washer, dryer, gas forced air furnace, stool, shower & fuse box.  Located on a 66’x120’ lot with a detached garage.

 

Included: Stove, Washer, Dryer.

Not included: All personal property.


Tract 4 - Real Estate Taxes:

Gross/Net                 $458.00

 

View FSA Information

 

Don't miss the Clinton D. Poley Estate
Timed Online Personal Property Auction HERE

Closes: Monday, December 7 at 5PM


Terms: 
10% down payment on December 7, 2020.  Balance due at final settlement with a projected date of January 21, 2021, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of January 21, 2021 (Subject to tenant’s rights).

Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

 

Special Provisions: 

  • This online auction will have a buyer’s premium of $1,000 per Tract.  This will be added to the total bid amount to arrive at the total contract purchase price.
  • Tracts 1 & 3 will be sold by the surveyed acre. Tracts 1 & 3 will be surveyed by a licensed surveyor and surveyed acres will be the multiplier for said tracts.  If the recorded survey is different than the announced surveyed acres, adjustments to the final contract price will be made accordingly at closing. 
  • Tract 2 will be sold by the taxable acre, with the taxable acres being the multiplier.  Seller shall not be obligated to furnish a survey on Tract 2.
  • Tract 4 will be sold lump sum price. Seller shall not be obligated to furnish a survey on Tract 4.
  • Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
  • Tracts will be tied together, and the bidding will be set to close simultaneously. Each Tract tied together will stay in extension until there are no more bids placed on any of the Tracts that are tied together.
  • The Seller has served termination to the tenant on the tillable & pasture ground is selling free and clear for the 2021 farming season.
  • If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one buyer).
  • It shall be the obligation of the buyer to report to the Franklin County FSA office and show filed deed in order to receive the following if applicable:  A. Allotted base acres. B. Any future government programs.
  • Due to this being an estate, the seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11). Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with Franklin County & Iowa Laws & regulations.
  • This auction is selling subject to court approval.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • The Buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
  • The Buyer(s) will be responsible for installing his/her own entrance, if needed or desired.
  • If in the future a site clean-up is required, it shall be at the expense of the buyer.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

 

 

Clinton D. Poley Estate

GNB Bank – Executor of Estate

Jason Kirkpatrick – Director of Trust Services

John E. Coonley - Attorney for Estate

 

For information contact Steffes Group at 641.423.1947;
Duane Norton, 515.450.7778 or Nate Larson, 319.931.3944

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Disclaimer


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.


International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    


WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


CORPORATE OFFICE


Steffes Auctioneers Inc.


2000 Main Avenue East


West Fargo ND 58078-2210


Phone: (701) 237-9173(701) 237-9173


Toll Free: (800) 726-8609(800) 726-8609


Fax: (701) 237-0976


E-Mail: [email protected]  [email protected]


AUCTIONEER LICENSES

Scott Steffes ND81 & MN14-51


Bob Steffes ND82 & MN14-09


Brad Olstad ND319 & MN14-70


Clark Sather ND463 & MN54-05      


REAL ESTATE MARKETING


Scott Steffes, Broker


Rodney Steffes, Licensed Sales Associate


Geri Paul, Licensed Sales Associate


Ashley Huhn, Licensed Sales Associate    


LITCHFIELD OFFICE


Steffes Auctioneers Inc


24400 MN Highway 22 South


Litchfield, MN 55355


Phone: (320) 693-9371(320) 693-9371  


Fax: (320) 693-9373


Email: [email protected]


[email protected]


[email protected]


[email protected]




AUCTIONEER LICENSES


Eric Gabrielson, MN47-006, ND890


Ashley Huhn, MN47-002, ND843


Randy Kath, MN47-001, ND894

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