HOME & ACREAGE AUCTION

HOME & ACREAGE AUCTION

(Selling Online Only)

BIDDING ENDS WEDNESDAY, APRIL 26, 2023 at 10:00 A.M.

2470 235^TH AVENUE, DONNELLSON, IOWA

(South of Fort Madison, IA 2 miles on Hwy. 61 to J62 (Charleston Blacktop) then west 2 miles to 235^th Avenue, then 3/4 mile north to the property)

Open House/ Inspection: Sunday, April 16^th from 11AM. – 1:00 PM.

HOME DETAILS

• Ranch style home built in 1971
• 1,248 sq. ft. of living area
• 3 bedrooms and 1 ¾ baths
• Storage closets throughout
• Full partially finished basement with kitchenette (1,248 sq. ft.)
• Carrier gas forced air furnace with central air
• Updated architectural shingled roof

ACREAGE DETAILS

• 10.66± acres
• Timber for hunting and open land to fence for livestock
• Detached 1 car garage
• 20’ X 28’ insulated and heated shop
• 16’ X 30’ pole barn w/10’ X 18’ lean to
• Rathbun Rural Water services the home & there are 2 wells
• Septic system
• Net real estate taxes = $1,544.00

Auctioneer’s Note: Great opportunity for Buyers to bid their price on a rural home and acreage with unlimited possibilities – you won’t want to miss it!  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: $15,000 earnest money deposit due at the end of the auction with the remainder due on or before May 26, 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. Sale is subject to Seller’s confirmation.

Real Estate Taxes: Taxes will be prorated to the date of closing.

Survey: Seller shall not be obligated to furnish a survey.

Septic System: Any septic inspections and or updates to be paid by the Buyer.

LP Tank: 500 gallon LP tank is rented from B&B gas.  Buyer to reimburse Seller at closing for any remaining LP at that days market price.

Reservations: Seller reserves appliances, semi storage containers, car ports, automotive lift and any personal property

Inclusions: Sale will include basement freezer, attached shelving and workbenches and any remaining unsold personal property and debris in buildings and on grounds at the time of closing.

Closing: Closing will take place on or before May 26, 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.

Registration: Visit www.fraiseauction.com to register and bid today!

WILLIAM B. ROXLAU – SELLER

Gregory Johnson of Johnson Law Office – Attorney for Seller

Open House/ Inspection: Sunday, April 16^th from 11AM. – 1:00 PM.

Roxlau Flyer

Disclosures

NA

Corey Fraise 319-470-0115