PRINTABLE ADOBE SALE BILL

OUTSTANDING DELAWARE COUNTY, IOWA FARMETTE
20.77 TAXABLE ACRES

2 RESIDENCES - BUILDINGS
 

REAL ESTATE AUCTION
WEDNESDAY
WEDNESDAY JUNE 30, 2021
6:00 PM

Margaret Duart Estate
1316 & 1318 400th Street

 

AUCTION HELD ON THE FARM RAIN or SHINE
in case of inclement weather held inside barn
FACE MASKS PER CDC GUIDELINES

(No Private Showings)
OPEN FOR INSPECTION

SATURDAY JUNE 12th
8:00 AM to 9:00 AM

THURSDAY JUNE 17th
5:30 PM to 6:30 PM

     From Strawberry Point go just south on Highway 13 to Highway 410, then west 1/3rd mile to gravel Bluebird Avenue and go south 1 mile to 400th Street, then just west to farm; or just east of the Backbone Golf & Country Club at the north entrance to Backbone Park take 400th Street east 1/2 mile to farm.

     Auctioneer's Remarks:  We're very pleased to be chosen to conduct this auction.  48 years in the auction business and I can only remember a few auctions that offered what we have here for you.  Pretty as a picture with 2 residences (live in one & rent the other for extra income); buildings for horses or cattle and not huge buildings cut off a farm that are outdated, unusable or oversized.  Buffered to the west and south by Backbone Park & land owned by the State of Iowa.  20.77 taxable acres located in Delaware County in the Starmont School District (Clayton County is just across the road).  We strongly suggest you attend one or both of the open houses, make your financial arrangements, and attend the auction prepared to be the new owner.

 
1318 400th Street
         

        
 


1316 400th Street
     

         
 
Outbuildings
        
 

OVERVIEW

2 residences: 1318 400th Street Delaware County Assessor data shows a 2006 Mfd double wide 1836 square foot 3 bedroom home, 2 bathrooms, central air and absolutely move in ready (Assessor statement of condition is not correct) . 1316 400th Street Delaware County Assessor data shows a 1216 square foot Mfd single 3 bedroom home, 2 bathrooms, central air and though described by Assessor as "below normal" I believe you'll be very pleased to see that it is move in ready perhaps only changes of personal taste.  The farm buildings and improvements appear to be just the right size for the size of this farmette with a variety of possible uses.

 

AUCTION TERMS

      The highest bidder will be required to pay $20,000.00 sale day as irrevocable earnest money and sign a Written Confirmation Of Sale Of Real Estate At Public Auction (purchase agreement) calling for the unpaid balance to be paid in full on delivery of deed and merchantable abstract of title. Real Estate Taxes will be prorated to date of possession simultaneous with finalizing the transaction.  The 2021 values are net certified.  Annual taxes currently shown for 1318 400th Street $946.00 for 1316 400th Street $408.00 which includes Agriculture credit of $129.86.  Taxes will be prorated to date of final settlement using the then available assessment.

      Purchase is made without buyer contingency of any kind including financing and is based solely on purchaser's judgment. All measurements, descriptions, and other details have been obtained from sources deemed reliable however verification of any or all items are considered to be made by prospective purchaser's finding of facts, both off & on premises.  Auctioneer/Real Estate Broker represents the Seller.  Final sale is subject to approval of the Seller; however, if you're as fair in bidding as they will be in approval, we will change history June 30th, 2021.

      The farm land is cash rented for the 2021 crop year and possession of that portion will be upon completion of harvest (Seller will retain all the 2021 cash rent).  Possession of the residences and buildings will be upon delivery of deed, merchantable abstract of title, and final settlement to occur at the office of Waterhouse Realty & Auctioneers in Manchester or other suitable location agreed upon by all parties.

      A transfer of title by a fiduciary (Executor) is exempt from providing a Property Disclosure Statement and for that reason none will be provided. A transfer of title by a fiduciary (Executor) is exempt from providing or performing a Private Sewage Disposal Inspection and none will be provided. The property is being sold strictly "as is where is with all faults or merits known or unknown, seen or unseen" and should any faults be discovered by the Buyer this agreement will not be changed/altered nor will any expense be occurred by Seller as remedy.

      Seller will have the well water tested by the Delaware County Sanitarian and test results will be provided to the Buyer.  Should any remedy be required or desired the Seller will not be responsible in any manner of expense or repair or updates which if any will be the sole responsibility and expense the Buyer.

      Delaware County Assessor data shows both residences are newer than 1978 and therefore no Lead Base Paint Disclosure Of Lead Base Paint and/or Lead Base Paint Hazard are required.

      All items of personal property remaining except those of the farm land tenant on day of possession and final settlement become the property of the Buyer without requirement of further payment from Buyer to Seller or reimbursement from Seller to Buyer and no guarantees are made as to the volume or quality of individual items remaining at settlement.

      The Seller, Seller's Legal Counsel and Fiduciaries, and the Auction Firm assume no liability for errors and/or omissions nor loss due to accident of theft on or at premises as anytime.

All the below are Adobe PDF files

 update.gif (1811 bytes) Posted June 24, 2021 Purchase Agreement
 update.gif (1811 bytes) Posted June 22, 2021 Water Test
  update.gif (1811 bytes)  posted June 16, 2021 Survey Of Duart Land
Platbook
Farm Service Agency Aerial
Farm Service Agency 156EZ
Agri Data (Surety Mapping Service) Aerial
Agri Data (Surety Mapping Service) soils
Assessor Soils
Assessor Aerial
Assessor Information
More Assessor Information
 

Not Responsible For Accidents Or Theft Anytime


Auction ............. The Sound That Moves Millions, Both People & Dollars

WATERHOUSE
Realty & Auctioneers
Manchester, Iowa  563 927-3660
located at 1919 210th Street - Manchester, Iowa
563 920-0361 Marvin Cell    563 920-2082 David Cell