LIVE ONLY - SWI Acreage Auction Hunting Timber Loess Hills

Event Date:

3/30/2019 11:00:00 AM CDT

Address:

401 E. Welch St.
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    SWI Acreage Auction Hunting Timber Loess Hills

    Real Estate

    Rare opportunity to buy an established acreage with 25+ acres in the scenic loess hills just 1 mile east of crescent on a hard surfaced road. Property
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    SWI Acreage Auction Hunting Timber Loess Hills

    Real Estate

    Highly productive bottom ground farm land that could also be an ideal location for an acreage site for a small hobby farm, truck farm, or equestrian p

Highly productive bottom ground farm land that could also be an ideal location for an acreage site for a small hobby farm, truck farm, or equestrian property. Buyers have the opportunity to purchase the acreage site parcel on the opposite site of Badger Ave. as well, & both parcels are being sold at PUBLIC AUCTION on March 30th so contact Listing Broker for full Auction Terms & Conditions.

Auction to be held at Crescent Elementary School.  

TERMS:

Terms & Conditions:

Auction Date: Saturday March 30th, 2019 @ 11:00 am

Auction Location:  Crescent Elem. School, 401 E. Welch St., Crescent, IA 51526

Property Address:  Parcel #1--17857 Badger Ave, Crescent, IA 51526

                                   Parcel #2 – 17800 Badger Ave., Crescent, IA 51526

Purchase Agreement: Successful bidder will enter into a purchase agreement immediately after being declared the winning bidder by the Auctioneer. PLEASE NOTE: The purchase agreement will offer NO CONTINGENCIES for financing, property condition, or any other alterations to the contract.  Property is being sold “AS IS”. Prospective Buyers are urged to inspect the property prior to the auction date to their own satisfaction.    

Auction Method: Parcels will be sold on a total dollar basis per parcel.                       

Earnest Deposit: Successful bidder will provide an Earnest Deposit in the amount of 10% of the contract price, which will be deposited in the Trust Account of Clear Title & Abstracting.  Deposit will only be refunded if the SELLER defaults, or if required by Iowa law.                                                                                                                              

Taxes: Taxes TBD after survey.                                                                                              

Closing:   To be on or before April 30th, 2019.  Closing to be conducted by Clear Title & Abstract, with the closing fee to be split 50/50 between the Buyer and the Seller.   

Possession & Lease: Buyer will receive possession upon successful closing and filing of all required documents. Buyer of Parcel #2 will receive permission to start fieldwork upon confirmation of the earnest deposit clearing the Buyers account.                                                                                                                                       

Lease: Has been terminated for 2018 so Buyer will have full possession for the 2019 crop year.     

Title: Seller will provide Clear & Marketable Title by use of Title Insurance.  Cost of Title Insurance to be split 50/50 between Buyer & Seller.                                            

Easements: Sale is subject to any and all Easements and Right of Ways of record.        

Agency: United Country Menke Auction & Realty and their agents are acting as Exclusive Agents for the Sellers.                                                                                                                          

 

DOCUMENTS:

Questions? Contact Us!

Byron Menke

(712) 487-3542

byron@menkeauction.com

Roberto Diaz