2 LEE COUNTY REAL ESTATE AUCTIONS

AUCTION #2 – TUESDAY, JULY 9, 2019 AT 4 P.M.

FT. MADISON, IOWA
Auction held at 3075 170^th Street, Ft. Madison, IA.
Located 2 miles south of Denmark, IA on County Highway X32, then ½ mile east on 170^th Street.

Open House on Tuesday, June 25^th from 4-5pm

THREE BEDROOM COUNTRY ACREAGE
Looking to move to the country?  Take a look at this home that is ready to move into.  This 1,680 sq.ft., three bedroom home has been updated and well maintained.  The home offers an open kitchen and dining area.  The kitchen has an island and newer stainless steel appliances to include: Samsung French door refrigerator, Samsung gas stove, Samsung microwave and Frigidaire dishwasher.  The large living room offers newer Mowhawk vinyl plank flooring.  The master bedroom features a master bath with double vanity, garden tub, separate shower, large walk in closet and Bluetooth speaker system.  Also on the main level are two bedrooms, a full bath and main level laundry with Whirlpool washer & Whirlpool gas dryer.

The full basement has one room finished, with the remaining space ready to be finished.  Amenities of the home include a 16’x28’ side deck, 8’x14’ front deck, LED lighting throughout the home, gas forced air furnace with central air, Richmond Encore on demand gas water heater(installed March 2019) and Rathbun rural water.  The home is situated on 1.8 acres M/L and has a 12’x24’ shed with loft.

Included: Samsung French door refrigerator, Samsung gas stove, Samsung microwave, Frigidaire dishwasher, Whirlpool washer & Whirlpool gas dryer, 12’x24’ shed, 500 gal. LP tank
Not included: Deep freeze, Refrigerator(downstairs), All personal property

TERMS: 10% down payment on July 9, 2019.  Balance due at closing with a projected date of August 23, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of August 23, 2019.
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.


Gross                           $1,548.70
Homestead Cr.              ($132.02)
Net Taxes:               $1,416.00

SPECIAL PROVISIONS:

• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• The Buyer shall reimburse the Seller for the remaining LP gas in the LP tank on the day of closing, at the current market rate.
• The Seller shall not be obligated to furnish a survey.
• The Seller will have the septic system pumped & inspected and acquire the DNR Time of Transfer certificate for the septic system.  This shall be done prior to closing.
• The buyer shall be responsible for any fencing in accordance with Iowa state law.
• If in the future a site clean-up is required it shall be at the expense of the buyer.
• The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is 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 condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.
  
  

Owner: Matt Hill
Elaine Gray - Attorney for Seller

Downloads:
Day of Auction Contact