Lot # : 1 - 1825 150th Ave. Donnellson, IA 52625

Barbara Kottman Real Estate Auction Timed Online - DONNELLSON IOWA REAL ESTATE AUCTION 1825 150TH AVE DONNELLSON, IA Bidding Opens: APRIL 10, 2023 at 9:00AM Bidding Closes: APRIL 17, 2023 at 1:00PM Open House on April 10th from 4-5PM Marketing Remarks: Place your bid on this Donnellson hobby farm. This 3 bedroom, 1 Bath 1.5 story home boasts 1,821 square feet. Impressive outbuilding and a historic barn. So much opportunity waits for the winner of this auction! This is your chance to own a small private acreage and make remodel to make it your very own. Open house on April 10, 2023 or call for a private showing. Three Bedroom / One Bathroom 1,821 Square Ft. Built 1848 Main Level " Kitchen 15x15 " Dining Room 14x15 Wood Floors " Living Room 20x15 Wood Floors " Bath and Laundry 15x13 " Potential 3-Season Porch 21x20 Second Floor " Bedroom 11x14 " Bedroom 15x15 " Bedroom 20x15 Other Amenities " Detached outbuildings 32x32, 40x112 attached. " 3.56 acres m/l 155,074 sq ft. " Grain bins on property are currently rented at approximately $1200/year subject to tenants rights, contract ends September 30, 2023. " Metal Roof on house " Some newer vinyl windows Auctioneer Notes: Outdoor Wood Furnace not operational. Indoor wood stove, mini split, boiler system and water heater are in AS IS condition. Included: All remaining items at the day of closing will convey with the property Not included: No personal property reserved Terms: 10% down payment on April 17th. Balance due at final settlement with a projected date of May 19, 2023, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of May 19, 2023. 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. Parcel 011306142000100 - Est. Taxes - $1,641 Brief Legal Description - TR B E1/2 NE - Legal Abstract to Govern Special Provisions: " This online auction will have a 5% buyer's premium. This means the buyer's premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. " Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day. " If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. " 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 shall bear the responsibility and expense to have the septic system pumped (if required) & inspected, prior to closing, as required by the Iowa DNR. It shall also be the Buyer's responsibility and expense, if needed, to upgrade, repair, or any other matters to the septic system in accordance with County & Iowa Laws & regulations. Prior to closing, the Buyer shall acquire the proper paperwork required by the County Sanitarian for the septic system. " The Buyer shall be responsible for any fencing in accordance with Iowa state law. " 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 acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate. " All lines, drawings and boundaries are approximate. " Southeast Iowa Realty, Inc. is representing the Seller. " Any announcements made the day of sale take precedence over advertising. Seller: Barbara Kottman Laura Krehbiel- Attorney for Seller For information contact Kevin Dameron Jr. at Southeast Iowa Realty, Inc. at 319-209-8089 (office) or 319-850-2274 (Cell)