Alburnett, IA
Acreage is located 2 ¾ miles west of Alburnett on E28/Roosevelt Street, then ¼ mile north on East Otter Road to 3977 East Otter Road.

Bidding Opens: Thursday, June 23^rd  
Bidding Closes: Thursday, June 30, 2022 at 1PM

Open House: Thursday, June 16 from 1-2PM 

Auctioneer’s Note:  Skip the headaches of building a new home, purchase this hidden gem of an acreage with a 1,726 sq. ft. ranch style home offering 3 bedrooms, 4 baths, 4 season porch, Morton 36’x50’ building and solar panel system.  All situated on a park like setting with 17.48± Acres with timber and East Otter Creek running through the property.

Click Here to View Virtual Tour Photo Gallery of this Property!

Beautiful Country Acreage on 17.48 Acres M/L
Main Level:
• Home was built in 1996 with 1,726 sq. ft. of living space.
• Large entryway with tiled floor.
• Oak kitchen with breakfast bar, dining area, skylight(new last fall), stove & dishwasher.
• Living room with gas fireplace & tray ceiling.
• Four season room with mini split unit & views of East Otter Creek.
• Main bedroom with tray ceiling, walk in closet & ensuite bathroom with garden tub & shower.
• Two additional bedrooms.
• Full bathroom.
• Laundry room with ¾ bath.

Lower Level:
• Walkout basement.
• Kitchen with stove, microwave & dishwasher.
• Large family/game room with corner bar.
• ¾ bathroom.
• Storage/furnace room with Goodman high efficient gas forced air furnace, central air, Beam Central Cleaning System & Kinetico water softener.

Other Amenities:
• Covered front concrete porch overlooking the wonderful landscaping & small pond.
• 26’x26’ attached heated garage.
• Morton 36’x50’x12’ building with ½ concrete & 2 OH doors w/ openers.
• 10.5KW Solar panel system built in 2019.
• Generac 20KW backup generator.
• Irrigation system.
• New shingles last fall, Natural gas & Sandpoint well.
• All situated on a park like setting with 17.48 Acres M/L.

Included: Generac 20KW backup generator, Solar panel system, Beam Central Cleaning System, Kinetico water softener, (2) Stoves, (2) Dishwashers, Microwave, Washer, Dryer, Any item present on the day of closing.

FSA indicates: 4.05 acres tillable of which 1.61 acres are in CRP as follows:
1.61 acres at $79.20 = $127.00 and expires on 9-30-2028.
Located in Section 28, Otter Creek Township, Linn County, Iowa.
View FSA Field Map
View CRP Contract

Terms: 10% down payment on June 30, 2022. Balance due at final settlement with a projected date of August 15, 2022, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of August 15, 2022.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Tax parcels: 062820100500000 & 062820100600000 - Net $4,090

Special Provisions:

• This online auction will have a 5% buyer’s premium. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• Acreage will be sold lump sum price.
• Seller shall not be obligated to furnish a survey.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
• If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
• Land is selling free and clear for the 2023 farming season.
• Seller will have the home inspected as required by Linn County. Any repairs or updates required from the Linn County inspection shall be the responsibility and expense of the Buyer.
• The Buyer shall bear the responsibility and expense to have the septic system pumped & inspected, prior to closing, as required by the Iowa DNR. It shall also be the Buyer’s responsibility and expense, if needed, to upgrade, repair, or any other matters to the septic system in accordance with Linn County & Iowa Laws & regulations. Prior to closing, the Buyer shall acquire the proper paperwork required by the Linn County Sanitarian for the septic system.  Buyer will be responsible to sign an affidavit with the Linn County Health Department for the Time of Transfer.
• It shall be the obligation of the Buyer to report to the Linn County FSA office and show filed deed(s) in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. CRP prorate.
• Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agree to indemnify and hold harmless the Sellers for any recovery sought by the FSA due to actions of Buyer, which would violate the requirements of the CRP. In the event the Buyer elects to take the ground out of CRP, the Buyer will be responsible to the Seller for any prorate of the CRP payment that the Seller would have received.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
• The Buyer shall be responsible for any fencing in accordance with state law.
• The Buyer shall be responsible for installing his/her own entrances if needed or desired.
• If in the future a site clean-up is required, it shall be at the expense of the Buyer.
• All mineral rights, if any, held by Seller will be transferred upon closing.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
• All lines, drawings and boundaries are approximate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Seller: Windfield Farms, Inc.

Kyle W. Wilcox - Closing Attorney for Seller