Meinen Construction Co. Inc. - Real Estate & Complete Landscaping & Concrete Liquidation Auction

NEW LONDON, IOWA

Auction held at 2490 260^th Street, New London, Iowa.  Located by the west New London exit on Highway 34.

Real Estate Sells First!

Open House on Tuesday, November 6^th from 10-11AM

PROPERTY SOLD FOR: 

$108,000.00

Auctioneer’s Note:  Dan Meinen opened Meinen Construction Co. Inc. in 1978 and was successful for 40 years.  Due to his untimely death, Steffes Group has been selected to liquidate the real estate and equipment of Meinen Construction.  Feel free to contact Dan’s son Dennis with any questions pertaining to the equipment at 319.931.6916.

Please bring your trucks & trailers the day of the auction, as a Steffes skidloader will be onsite to assist in loading!

Online Bidding on Major Items!

Prime Highway Location!

3,600 SQ.FT. BUILDING ON 1.14 ACRES

Take a look at this business location with great exposure on Highway 34!  The 3,600 sq.ft. building was built in 1984.  The building offers a finished retail display area, separate office, bathroom, full attic storage above the office area and a Ruud gas forced air furnace.   The main shop area has a 14’x14’ overhead door w/ opener, walk down work pit & radiant heat.  The rear storage area has a 14’x14’ overhead door w/ opener & radiant heat, which has never been hooked up.

A separate 19’x64’ building was built in 1992 with 4 garage spaces & storage.  Other amenities of the property include a 60’ well and a 200 amp breaker box.  There is a lease for the billboard sign, this lease produces income of $1,540 per year with a ten year lease in place, which is due January 1 of each year.

Included:  1,000 gal LP tank, 500 gal LP tank

Not included:  All personal property

Terms: 20% down payment on November 20, 2018. Balance due at closing with a projected date of January 4, 2019, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of January 4, 2019. (Subject to billboard lease)

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.

Real Estate Taxes

Gross              $1,947.43

Business Cr.   ($743.90)

Net                 $1,204.00 (rounded)

Special Provisions:

• The buyer of the real estate shall reimburse the seller for the remaining gas in the LP gas tanks at the current rate on the day of closing.

• 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 seller will have the septic system inspected prior to closing and will be responsible for getting the DNR Time of Transfer certificate for the septic system at closing.

• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.

• If in the future a site clean-up is required it shall be at the expense of the buyer.

• The buyer acknowledges that he/she 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 same.

• Steffes Group, Inc. is representing the Seller.

• Any announcements made the day of sale take precedence over advertising.

To Be Sold After The Real Estate

DUMP TRUCKS

2005 Freightliner M106, 159,778 miles, Cat C7 engine, push button auto, 10' box, 100 gal alum fuel tank, 295/75R22.5 duals, 295/75R22.5 fronts, VIN 1FUBCXDC05HV11755

1971 Dodge D800, shows 8,968 miles, 413 gas, 5 spd., 14' stake body, elec. hyd. hoist, side box, 10-20 rear duals, 10-20 fronts, VIN D81GR1J305101

SKID LOADERS – LOADER TRACTOR

2014 New Holland L220, 800 hrs., skid steer, open ROPS, 76" bucket, 2 spd., foot controls, hyd. quick attach, aux. hyd., 4 rear counter weights, 12x16.5 tires, S/N JAF0L220TFM400704

1994 New Holland L553, 5,469 hrs., skid steer, diesel, open ROPS, 67" bucket, foot controls, 12x16.5 tires, S/N 819495

1984 Ford 540A, loader tractor, 4,357 hrs., 2WD, diesel, ROPS, 1 hyd., 3 pt., 540 PTO, 66" bucket, rear wheel weights, 16.9/14-24 rears, duals, S/N C720395

Jet HDPD, hyd. post driver, 3 pt.

Gill 20A600Z pullverizer, 5', skid steer mount

Gill pullverizer, 6', skid steer mount

Hyd. post digger, 9", 12", 18", 30" augers, skid steer mount

Hyd. sod carrier roller for skid steer forks

(2) Pallet forks, skid steer mount

PICKUPS

2016 Ford F350 Super Duty FX4, 8,335 miles, 4WD, 6.7 Powerstroke diesel, auto, regular cab, long box, cloth, AM/FM, CD, MP3, power windows, power locks, running boards, receiver hitch, LT275/70R18 tires, VIN 1FTRF3BT8GEB40440

1996 Ford F150 XLT, 281,315 miles, 2WD, 5.0L, auto, regular cab, long box, cloth, AM/FM cassette, power windows, power locks, LT 235/75R15 tires, VIN 1FTEF15N5TLA30550

1995 Ford F250 XLT, 202,810 miles, 2WD, Powerstroke diesel, auto, regular cab, long box, cloth, AM/FM cassette, power windows, power locks, receiver hitch, LT 235/85R16 tires, VIN 1FTHF25F3SEA74948 (cracked windshield)

1985 Ford F250 XLT, shows 65,750 miles, 2WD, V8, auto, regular cab, long box, cloth, AM/FM, LT 235/85R16 tires, VIN 1FTHF25L4FPB32120 (cracked windshield)

TRAILERS

Equipment trailer, tandem axle, 16'x82", ramps, ST235/85R16 on 6 bolt rims

Tandem axle trailer, 138"x6', steel diamond plate floor, w/ boom hoist mount ST215/75R14 tires

LANDSCAPING EQUIPMENT

Finn B50 straw shredder; Wisconsin motor, single axle, S/N 35-1210

Ryan Mataway overseeder, 2', self propelled, w/ Gandy OMC grass seed box, B&S 10 hp, Model # 544873-8910

Ryan LA28 aerator, self propelled, gas powered

Howard HR20 roto tiller, 5', 3 pt., 540 PTO

Tarter 3pt. tub spreader

Cultipacker 90", pull type

3 section harrow

3pt. boom

3pt. box blade w/ scarfire

3pt. disc (for parts)

3pt. tiller (for parts)

CONCRETE EQUIPMENT

2016 Husqvarna FS400LV concrete saw, w/ Honda GX390 motor

2009 MK MK-9514E1 concrete saw, w/ 5hp elec., 1 phase

Stihl TS420 quickie concrete saw

Bosch 1365 electric quickie saw

(2) Whitman power trowels, 3', B&S 7hp

MBW GP2000 plate compactor, w/ Honda GX160 motor

Plate compactor, w/ Honda GX140 motor

Kolbalt electric cement mixer

(35) 6"x10' steel concrete forms

(40) 16" flex forms

Universal concrete forms

Wood concrete forms, 2x4 & 2x6

(5) 30" concrete culverts

1 ton of 3/8" & 1/2" rebar

Concrete items, including form ties, SS stakes,

(3) Concrete steel chutes

Concrete vibrator

Several concrete bull floats

AIR COMPRESSOR – WELDER

1997 Ingersoll-Rand 185 portable air compressor, 331 hrs., JD diesel, S/N 277165UEH221

Miller BlueStar 185, 36 hrs., welder, CC, DC, welder, 6,000 watt generator, Kohler motor

Honda EB3800X generator

RIDING LAWN MOWER – LAWN EQUIPMENT

2013 John Deere X360, 97 hrs., riding mower, 48" deck, Kawasaki 22 hp, hydro., S/N 1MOX360AEDM252987; John Deere 820A rear tine rototiller; (2) Stihl MM55c rototillers; Stihl 026 chainsaw; Stihl 028AV Super chainsaw; Stihl gas leaf blower; 35" lawn roller; Electric trimmers; Garden hoses; Several wheel barrows; Sprinklers; Pallets of garden hoses.

SHOP EQUIPMENT

Transit; Cummins 12 spd. drill press; DeWalt cutoff saw; Miles A.C. welder; Milwaukee rotary hammer; Angle grinders; B&S XR950 2" transfer pump; Battery charger; B&D compound mitre saw; Bosch 11265EVS electric hammer drill; Chain binders; Craftsman 10" table saw; Plastic tile, hoses, etc; Portable air compressor; Scaffolding; Sump pumps; Reddy heaters; Hand trowels; Torch tanks & cart; WorkPro 3400 psi pressure washer, w/ Honda GX270 motor; Wrenches; Numerous power tools; Hand & garden tools; Shovels, Post diggers, axes & more!  Barricades & Fencing; Large quantity of chain link fence, including posts & accessories; Stack of tin; Steel & wood posts; Steel culvert; Steel wheel axle; Iron Mule pickup bumper w/ elec. winch; Alum ext. ladder

Remaining landscaping inventory to include assortment of Anawa flagstone, step stones, splash blocks, brick, edging, retaining wall blocks

Owners: Meinen Construction Co., Inc. and Katherine J. Meinen

Gary L. Wiegel – Attorney for Sellers

For information contact auction manager Lynn Richard of Steffes Group, 319.385.2000 or 319.931.9090 (cell)