MONTROSE, IA RURAL REAL ESTATE & PERSONAL PROPERTY
Begins:
Friday, Oct. 28th 2022 at 12:00 AM
Ends:
Wednesday, Nov. 16th 2022 at 10:00 AM
Montrose, Iowa
ESTATE AUCTION
RURAL REAL ESTATE and PERSONAL PROPERTY
2692 253RD Avenue, Montrose Iowa
AUCTION ENDS: WEDNESDAY, NOVEMBER 16, 2022 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: SATURDAY, NOVEMBER 5TH FROM 10-11 AM
LOCATION & GENERAL INFORMATION
The Brannon properties are comprised of 30.94 acres and are located 4.5 miles south of Fort Madison, Iowa or 2 miles north of Montrose, IA, just off Hwy. 61. They will be sold in 2 individual tracts. The combination of both tracts offers home & acreage, horse stables, marshland, attractive building site, Mississippi River views and Waterfowl hunting.
TRACT 1: 15.66± Acres with Home & Outbuildings
- Older 1 ½- story home with 2-3 bedrooms, full bath, eat in kitchen and full basement. Home is in need of repair but has possibilities!
- 30’ x 62’ horse stable w/fenced arena
- Detached 2 car garage with workshop & bathroom
- outbuildings
- Attractive new home building site
- Small pond, Marshland & Waterfowl hunting
- Net Real Estate Taxes = $1,262.00
TRACT 2: 15.28± Acres
- Attractive Mississippi Riverview frontage
- 13 acres of submerged river land
- Duck blind sites/waterfowl hunting
- Accessible from a private lane
- Net Real Estate Taxes = $86.00
Terms: Each Tract will sell for a lump sum dollar amount. Tracts will be sold individually and not combined. $7,500 earnest money deposit for each Tract will be due at the end of the auction with the remainder due on or about December 16, 2022. 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. Sale is subject to Seller’s confirmation and Court Approval.
Survey: Seller shall not be obligated to perform a survey of the real estate. All boundaries and lines drawn on maps are approximate.
Septic System: Tract 1 is serviced by a septic system. Because this is an Estate, Seller is exempt from the Time of Transfer Septic Law.
Inclusions: Buyer accepts any remaining personal property at closing.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or about December 16, 2022. 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 11:00 A.M.)***
Highlights Include:
- Farmall tractor, 3pt. acreage equipment, vehicles, jon boats, lawn & garden and scrap iron.
Pickup/Removal of Personal Property: Thursday, November 17th from 10AM – 12PM. Buyer’s Premium of 15% will be added to all personal property purchases! All personal property sells “as is, where is”.
REGGIE R. BRANNON ESTATE – SELLER
Renell McCoy – Executor
Sara Haas of Aspelmeier, Fisch, Power, Engberg & Helling P.L.C. – Attorney for Seller
OPEN HOUSE/INSPECTION: SATURDAY, NOVEMBER 16TH FROM 10:00-11:00 AM
THURSDAY, NOVEMBER 17TH FROM 10AM-12 NOON AT 2692 253RD AVE, MONTROSE, IA
