2 Story Home & Outbuildings on 9.3± Surveyed Acres

•        3 bedrooms, 1 1/2 baths, 1,796 total sq. ft. of living space on two levels.  Home was built in 1940.
•        Main level of the home offers a living room with hardwood floors, dining room with hardwood floors, kitchen, large family room with ½ bath & wet bar.
•        Upstairs has 3 bedrooms, full bath and walk-up attic. 
•        Two separate basements with Lennox gas furnace, central air, washer, dryer & freezer. Property has a well and is on city sewer.
•        Attached breezeway to the 28’x32’ heated garage. 
•        Outbuildings include a 42’x80’ Morton pole building, 18’x50’ barn with 3 lean to additions, 18’x33’ barn, 12’x40’ hog shed, 12’x20’ chicken coop and 10’x12’ shed.
•        Parcel Y0423-15 (west parcel) is City of Davenport zoned S-AG with the western part zoned R-2 and Bettendorf School District.
•        Parcel 840317004 (east parcel) is City of Bettendorf zoned U-MI and Pleasant Valley School District.
•        FSA indicates: 4.75 cropland acres. Corn Suitability Rating 2 of 67.5 on the cropland acres.
•       Tax Parcels: Y0423-15, 840317004 = $2,734.00 Approx.
•        Included: LP tank, Water system, Refrigerator, Stove, Dishwasher, Washer, Dryer, Freezer, Any item present on the day of final settlement/closing.
•       View FSA Field Map & 156 EZ Form
•       View Soil Map
•       View Recorded Retracement Survey

Terms: 10% down payment on May 29, 2025. Balance due at final settlement/closing with a projected date of July 14, 2025, upon delivery of merchantable abstract and deed and all objections having been met.
Possession: Projected date of July 14, 2025 (Subject to tenant’s rights on tillable land).
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. The seller shall pay any unpaid real estate taxes payable in prior years.

Special Provisions:   

•       This online auction will have a 10% buyer’s premium. This means a buyer’s premium in the amount of ten percent (10%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.       
•       If a bid is placed with less than 4 minutes left, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
•        Down payment is due on the day the bidding closes and signing of the real estate 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.
•        It shall be the obligation of the Buyer to report to the appropriate County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. Final tillable acres to be determined by the FSA office, as tract lines may overlap field lines.
•        Land is selling subject to tenant’s rights on the tillable land for the 2025-2026 farming season (March 1, 2025-February 28,2026).  Seller will retain 100% of the cash rent due in 2025.
•        It shall be the Seller’s responsibility to give the tenant notice of termination of the farm tenancy prior to September 1, 2025.
•        Property will be sold lump sum price.
•        The property has a recorded Retracement Survey from 2021.  A copy can be viewed online.
•        This auction sale is not contingent upon Buyer’s financing, appraisal(s), 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 and paid to Seller.
•        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 to Buyer upon closing.
•        This real estate is selling subject to any and all covenants, restrictions, encroachments, easements, rights-of-way, ordinances, resolutions, leases, and mineral reservations, as well as all applicable zoning laws.
•        All lines, drawings, boundaries, dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
•        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.
•        Steffes Group, Inc. is representing the Seller.  Bidder acknowledges they are representing themselves in this real estate transaction.
•        Any announcements published or made the day of auction take precedence over advertising.