Donnellson (Mt. Hamill), Iowa
REAL ESTATE & PERSONAL PROPERTY AUCTION
RURAL HOME & ACREAGE and PERSONAL PROPERTY
1541 142nd Street, Donnellson (Mt. Hamill), Iowa
AUCTION ENDS: WEDNESDAY, JUNE 28TH 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/INSPECTION: WEDNESDAY, JUNE 14TH FROM 4:30 – 6:00 PM
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, 500 gal. LP tank (owned), 500 gal. LP tank (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!
***ALSO SELLING PERSONAL PROPERTY (Begins closing at 10:30 A.M.)***
PAINTER’S EQUIPMENT, TRUCK & TRAILERS
GENERATOR, LAWN & GARDEN
HAM Radio & Electronics
APPLIANCES, MODERN FURNISHINGS & COLLECTIBLES
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!!
JAMES & MARGARET BAILEY ESTATES – SELLERS
Deborah A. Bailey & Sandra L. Smith – Co-Executors
Gregory Johnson – Attorney for Seller