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Type Online-Only Auction
Bid History 77 Bids
High Bid 426.00 USD
Time Left
9d 10h 37m
Soft Close

Auctioneer Fraise Auction & Real Estate
Location WEST POINT, IA 52656
Date(s) 9/29/2020 - 10/29/2020

Lot # 463
Group - Category Other
Lead Ford 8N Tractor
Description
New 12.4-28 rear rubber, good front rubber. Seller was beginning to restore the tractor. Many of the missing parts are located in the bag shown in the picture and some have been repainted.
Name ONLINE ONLY ESTATE AUCTION
Auctioneer Fraise Auction & Real Estate
Type Online-Only Auction
Date(s) 9/29/2020 - 10/29/2020
REAL ESTATE AUCTION BEGINS ENDING: THURSDAY, OCTOBER 29TH AT 10:00 A.M. ***ALSO SELLING PERSONAL PROPERTY (Begins Closing at 10:30 A.M.)***
Preview Date/Time OPEN HOUSE: THURSDAY, OCTOBER 15TH FROM 4:30 - 6:00 PM
Checkout Date/Time Pickup/Removal of the Personal Property: Monday, November 2nd from 8AM-6PM. Buyer's Premium of 15% on all personal property purchases! All personal property sells "as is, where is". Winning Real Estate Bidder will submit earnest money and sign the purchase agreement on Thursday, October 15th!
Location 2503 218TH ST
WEST POINT, IA 52656
Buyer Premium NONE ON REAL ESTATE! 15% OTHERWISE
Description
ONLINE ONLY ESTATE AUCTION COUNTRY HOME & ACREAGE and PERSONAL PROPERTY 2503 218th St., West Point, IA (From Fort Madison, IA travel 1-mile northwest on Hwy. 2 to Co. Hwy. X23, then north ½ mile to 218th St., then ¼ mile west) AUCTION BEGINS ENDING: THURSDAY, OCTOBER 29TH AT 10:00 A.M. This is a Timed, Online Only Auction Event with a Soft Close! Click the above tab for catalog, terms and registration!! OPEN HOUSE: THURSDAY, OCTOBER 15TH FROM 4:30 - 6:00 PM General Information: Country home & acreage with 15± acres conveniently located approximately 2 miles northwest of Fort Madison, IA and just off Co. Hwy. X23. Acreage features a 2-bedroom home w/ 1-3/4 baths and full basement, newer detached oversized 3 car garage (finished & insulated), an additional 3 car garage, livestock & implement barns. Acreage also includes approximately 5 acres of hay ground, a pond and timber. This is a modest home on an incredible building site that offers hunting & recreational land, space for livestock and great equipment storage Auctioneer's Note: Come take a look and Bid Your Price!! We strongly encourage all interested parties to attend the open house! Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere! Terms of the Real Estate: $7,500 earnest money deposit at the end of the auction with the remainder due on or before November 30, 2020. 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. Seller reserves the right to accept or reject the high bid. Special Provisions: A) Since this is an Estate, the Seller is exempt from the Iowa Time of Transfer Septic Law and will not be required to perform any inspections and or updates. B) Seller owns the LP tank. Buyer will be required to reimburse Seller for any remaining LP at market price the day of closing. C) Seller shall not be obligated to furnish a survey. D) The real estate is selling subject to public road easements, utility easements and all other easements of record. F) If, in the future a site cleanup is required, it will be the sole responsibility of the Buyer. E) Buyer accepts any remaining/unsold personal property at closing. Reservations: Seller reserves from the sale of the real estate all personal property including any appliances, pipe gates and grain bin. Inclusions: 1,000 gallon LP tank, firewood and window treatments. Real Estate Taxes: Taxes will be prorated to the date of closing. Closing: Closing will take place on or before November 30, 2020. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer. Possession: At closing upon payment in full. Agency: Fraise Auction & Real Estate and their representatives are exclusive agents of the Seller. NO Real Estate Buyers Premium Disclaimer & Absence of Warranties: Announcements made during the time of the auction will take precedence. All information contained and all related materials are subject to terms and conditions outlined in the agreement to purchase. The property is being sold on an "As Is, Where Is" basis and not warranty or representation concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. All lines drawn on maps and photos are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or Auction Company. Auction Company reserves the right to change the bidding increments at any time during the time of the sale. ***ALSO SELLING PERSONAL PROPERTY (Begins Closing at 10:30 A.M.)***
Auction Terms & Conditions Terms of the Real Estate: $7,500 earnest money deposit at the end of the auction with the remainder due on or before November 30, 2020. 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. Seller reserves the right to accept or reject the high bid. Special Provisions: A) Since this is an Estate, the Seller is exempt from the Iowa Time of Transfer Septic Law and will not be required to perform any inspections and or updates. B) Seller owns the LP tank. Buyer will be required to reimburse Seller for any remaining LP at market price the day of closing. C) Seller shall not be obligated to furnish a survey. D) The real estate is selling subject to public road easements, utility easements and all other easements of record. F) If, in the future a site cleanup is required, it will be the sole responsibility of the Buyer. E) Buyer accepts any remaining/unsold personal property at closing. Reservations: Seller reserves from the sale of the real estate all personal property including any appliances, pipe gates and grain bin. Inclusions: 1,000 gallon LP tank, firewood and window treatments. Real Estate Taxes: Taxes will be prorated to the date of closing. Closing: Closing will take place on or before November 30, 2020. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer. Possession: At closing upon payment in full. Agency: Fraise Auction & Real Estate and their representatives are exclusive agents of the Seller. NO Real Estate Buyers Premium Disclaimer & Absence of Warranties: Announcements made during the time of the auction will take precedence. All information contained and all related materials are subject to terms and conditions outlined in the agreement to purchase. The property is being sold on an "As Is, Where Is" basis and not warranty or representation concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. All lines drawn on maps and photos are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or Auction Company. Auction Company reserves the right to change the bidding increments at any time during the time of the sale. Special Terms Fraise Auction & Real Estate is providing Internet bidding as a service to the Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Fraise Auction & Real Estate or anyone else if the Internet service fails to work correctly before or during the auction. Fraise Auction & Real Estate will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction concludes. Fraise Auction & Real Estate reserves the right to withdraw or re-catalog items in this auction. This is a soft close auction. Any bid placed in the final 3 minutes of an auction results in the auction automatically extending an additional 3 minutes. The bidding will extend in 3 minute increments from the time the last bid is placed until there are no more bids and the lot sits idle for 3 minutes. Therefore, the auction will not close until all biding parties are satisfied and no one can be outbid in the last seconds without having another opportunity to bid again. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 999.00 1.00 USD
999.01 - 4,999.00 10.00 USD
4,999.01 - 10,000.00 100.00 USD
10,000.01 - 100,000.00 250.00 USD
100,000.01 - 500,000.00 500.00 USD
500,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium NONE ON REAL ESTATE! 15% OTHERWISE
Payment Terms
Terms of the Real Estate: $7,500 earnest money deposit at the end of the auction with the remainder due on or before November 30, 2020. 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. Seller reserves the right to accept or reject the high bid. Real Estate Taxes: Taxes will be prorated to the date of closing. Special Provisions: A) Since this is an Estate, the Seller is exempt from the Iowa Time of Transfer Septic Law and will not be required to perform any inspections and or updates. B) Seller owns the LP tank. Buyer will be required to reimburse Seller for any remaining LP at market price the day of closing. C) Seller shall not be obligated to furnish a survey. D) The real estate is selling subject to public road easements, utility easements and all other easements of record. F) If, in the future a site cleanup is required, it will be the sole responsibility of the Buyer. E) Buyer accepts any remaining/unsold personal property at closing. Reservations: Seller reserves from the sale of the real estate all personal property including any appliances, pipe gates and grain bin. Inclusions: 1,000 gallon LP tank, firewood and window treatments. Real Estate Taxes: Taxes will be prorated to the date of closing. Closing: Closing will take place on or before November 30, 2020. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer. Possession: At closing upon payment in full. Agency: Fraise Auction & Real Estate and their representatives are exclusive agents of the Seller. NO Real Estate Buyers Premium PERSONAL PROPERTY PAYMENT TERMS: Auction Terms & Conditions 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. 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: Monday, October 12th from 11 AM - 6 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the Fraise Auction Center, 205 N Cottonwood, New London, IA ***In an effort to comply with state recommendations for crowd sizes we have extended our normal pickup time and will be using a Scheduling APP (Sign Up Genius) that buyers will be able to select their time for pickup within the time frame mentioned above. A link for this APP will be sent to all successful bidders along with their paid invoices! We will also post a link to our Facebook Page!!*** SHIPPING AVAILABLE ON SELECT ITEMS. We charge actual USPS shipping plus $5 per lot to cover labor and packing materials. Your credit card will be charged for your items, then charged again on the day the item ships. We will provide tracking information via email. 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
PICKUP DATE & LOCATION: MONDAY, NOV. 2ND from 8:00 A.M. - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at 2503 218th St., West Point, IA (From Fort Madison, IA travel 1-mile northwest on Hwy. 2 to Co. Hwy. X23, then north ½ mile to 218th St., then ¼ mile west) ***In an effort to comply with state recommendations for crowd sizes we have extended our normal pickup time and will be using a Scheduling APP (Sign Up Genius) that buyers will be able to select their time for pickup within the time frame mentioned above. A link for this APP will be sent to all successful bidders along with their paid invoices! We will also post a link to our Facebook Page!!*** SHIPPING AVAILABLE ON SELECT ITEMS. We charge actual USPS shipping plus $5 per lot to cover labor and packing materials. Your credit card will be charged for your items, then charged again on the day the item ships. We will provide tracking information via email. 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.