Online Only Auction
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Price Realized:
129,000.00 USD
Shipping Not Available
Date(s)
5/31/2023 - 6/28/2023
AUCTIONEER INFORMATION
Bidding Notice:

Property Sells "As Is, Where Is".


Information
Lot # 3
Group - Category Real Estate - Ag / Farm Land
Lead 5.28± Acres with a Home & Outbuildings
Description
**UPDATE 6/27: BOTH PROPANE TANKS ARE RENTED FROM B&B. TOTAL TAXES ARE $1536 PER YEAR WITH HOMESTEAD CREDIT! General Description: 5.28± acres located in a friendly small rural community with fenced pasture. The acreage is improved with a ranch style 2-bedroom,1 bath home with full basement, rear deck and whole house Generac generator. There is also a detached 2-car garage, chicken coop and several other outbuildings in addition to a 32’ X 40’ heated & cooled shop with rear 10’ X 32’ lean to for additional storage. Auctioneer’s Note: This would be a great beginners home/hobby farm that offers pasture for livestock/small animals, suitable home to move off the farm and downsize into and a great opportunity for a contractor needing shop space for a small business! We strongly encourage all interested parties to attend the open house or schedule a private showing. This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere. Terms: $10,000 earnest money deposit due at the end of the auction with the remainder due on or about July 28, 2023. The seller will provide a current abstract at their expense. Real Estate sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. This home positively sells to the highest bidder, regardless of price! Real Estate Taxes: Taxes will be prorated to the date of closing. Septic System: Because this is an Estate Sale, Sellers are exempt from the Iowa Time of Transfer Septic Law. Inclusions: Window treatments, attached shelving, radio antennas, 2 - 500 gal. LP tanks (rented from B&B gas to remain with the property.) Buyer accepts any remaining unsold items at the time of closing. Reservations: Seller reserves all appliances, stairlift and all other personal property. LP Fuel: Buyer to reimburse Seller at closing for any remaining fuel in the LP tanks at that day’s market price. Closing: Closing will take place on or about July 28, 2023. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer. Possession: At closing upon payment in full. No Real Estate Buyers Premium!
Name Bailey Estate Rural Acreage & Personal Property Auction
Auctioneer
Type Online-Only Auction
Date(s) 5/31/2023 - 6/28/2023
Auction Date/Time Info
AUCTION ENDS: WEDNESDAY, JUNE 28TH AT 10:00 A.M. ** PERSONAL PROPERTY STARTS CLOSING AT 10:30 AM**
Preview Date/Time OPEN HOUSE/INSPECTION: WEDNESDAY, JUNE 14TH FROM 4:30 - 6:00 PM 1541 142nd Street, Donnellson (Mt. Hamill), Iowa
Checkout Date/Time Pickup/Removal of Personal Property: Friday, June 30th from 2PM - 6PM. Buyer's Premium of 15% will be added to all personal property purchases! All personal property sells "as is, where is". All items must be removed during the designated pickup time - NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!! Items are located at:1541 142nd Street, Donnellson (Mt. Hamill), Iowa
Location
Buyer Premium 15% BUYER'S PREMIUM- EXCEPT REAL ESTATE
Description
James & Margaret Bailey Estates
Your registration or bidding on a lot at our auctions constitutes your acceptance and agreement of the following terms and conditions. 1. WARRANTIES & DISCLAIMERS: All items are sold AS IS, WHERE IS, without warranty or guarantees expressed or implied no refund, returns, or exchanges and with all faults. AUCTIONEER AND SELLER EXPRESSLY DISCLAIM AND EXCLUDE THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. Bidders should rely solely on their own inspection of all items prior to the sale and should satisfy themselves as to the usefulness, value and or condition of each item. Seller, Auctioneer and Buyer expressly agree that Buyer is responsible for and agrees to indemnify Seller, Auctioneer and their respective affiliates for any and all damages, losses, expenses, attorney fees, court costs, etc. that arise out of or result from the removal, possession or use of any items purchased at auction or any other claim regarding the use of possession of any asset purchased at this auction. All descriptions are for informational purposes only. Any error in description does not relieve the buyer or his/her agent of their responsibilities - ALL SALES ARE FINAL. Your bid is a binding contract. Once the auctioneer (or bidding platform) indicates an item is sold to bidder a contract has been consummated and the liability of the item(s), including responsibility for payment, loss or damage rests solely with the bidder. Fraise Auction & Real Estate will not be held responsible for internet, computer or other human errors. 2. TERMS: Bidding on any lot regardless of how the bid is presented by the bidder, in person, by absentee, by agent, online or by phone indicates the buyer's agreement to be bound by these terms and conditions. Auctioneer will not be held responsible for any failure to execute a bid for any reason. 3. REGISTRATION / BIDDER REQUIREMENTS: Bidder will register for an auction with a valid credit card that will be billed for online bidders to verify identity. Bidder will complete registration information online and agree to the terms and conditions of the sale before placing a bid. Any questions, ask before bidding please. 4. 15% BUYER'S PREMIUM applies to items purchased on this auction (OTHER THAN REAL ESTATE). You will be charged an additional 15% on top of the amount you bid for each item you are the winning bidder on. For example, if you bid and win an item for $10.00, you will be charged $11.50 at checkout. 5. INVOICE PAYMENT REQUIREMENTS & TYPES ACCEPTED: You agree to make payment for all items purchased within 1 business day of receipt of the invoice. You will receive an invoice via email following the close of the auction, or the next business day if the bidding closes after 5pm or on a weekend. YOUR CREDIT CARD WILL PROMPTLY BE CHARGED FOR YOUR PURCHASES. WE CANNOT ACCOMODATE OTHER TYPES OF PAYMENT. No other forms of payment will be accepted. No items will be released until payment in full is received. All unpaid bidders will be banned from future auctions and prosecuted to the fullest extent of the law. 7. PICKUP DATE & LOCATION: FRI., JUNE 30TH from 2:00 PM - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the home, 1541 142ND ST, DONNELLSON (MT HAMILL), IA. Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-bailey LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc. 8. REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid. We sincerely appreciate your business, Corey D. Fraise, CAI Carrie Fraise Tami Stuekerjuergen Dan Fraise Fraise Auction & Real Estate
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 999.00 1.00 USD
999.01 - 1,999.00 10.00 USD
1,999.01 - 10,000.00 250.00 USD
10,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 15% BUYER'S PREMIUM- EXCEPT REAL ESTATE
Payment Terms
Your registration or bidding on a lot at our auctions constitutes your acceptance and agreement of the following terms and conditions. INVOICE PAYMENT REQUIREMENTS & TYPES ACCEPTED: You agree to make payment for all items purchased within 1 business day of receipt of the invoice. You will receive an invoice via email following the close of the auction, or the next business day if the bidding closes after 5pm or on a weekend. YOUR CREDIT CARD WILL PROMPTLY BE CHARGED FOR YOUR PURCHASES. WE CANNOT ACCOMODATE OTHER TYPES OF PAYMENT. No other forms of payment will be accepted. No items will be released until payment in full is received. All unpaid bidders will be banned from future auctions and prosecuted to the fullest extent of the law.
PICKUP DATE & LOCATION: FRI., JUNE 30TH from 2:00 PM - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the home, 1541 142ND ST, DONNELLSON (MT HAMILL), IA. Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-bailey LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc. REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid.