Ranch Style Home & Outbuildings on 4.67± Surveyed Acres

•        2 bedrooms, 1 full bath, (2) ¾ baths, 1,501 total sq. ft. of living space on the main level.  Home was built in 1995.
•        Oak kitchen with built in breakfast table, Frigidaire French door refrigerator, Jenn Air electric stove & Bosch dishwasher.
•        Large living room w/ adjoining four season sunroom.
•        Main bedroom w/ ensuite bathroom with jetted tub.
•        Main level also features a second bedroom and laundry room with a ¾ bath.
•        Full basement is ready to be finished and offers an egress window and a ¾ bath.
•        Other amenities include: attached 2 car garage, (2) wood decks, cedar siding, Lennox electric forced air furnace w/ central air, a well, electric water heater and a radon mitigation system.
•        Outbuildings include a 40’x40’ steel framed building with concrete floor, 40’x100’ machine shed, 62’x62’ cattle shed, 34’x52’ barn & 28’x28’ crib.  Grain bins include a 11,000± bu. & 4,500± bu. and a 20’x50’ silo.
•        Situated on 4.67± surveyed acres.
•       Tax Parcels: Part 0804400005, Part 0804400012 = $2,864.00 Approx.
•        Included: Frigidaire refrigerator, Jenn Air electric stove, Bosch dishwasher, Kinnetico water softener system, Any item present on the day of final settlement/closing.
•        Not included: The following are not included with the real estate but will be sold on the equipment auction for Kurt Wolf: Sukup 48’ 48,000 bu.  grain bin, Sukup T1611AS grain dryer, Sukup Cyclone grain blower system, (2) 1,000 gal LP tanks, Work benches, Shelving, Fuel tanks, Portable augers, All Farm & Shop Equipment. (Buyer is responsible for removal of the grain bin, grain dryer & blower system by March 1-2026, unless other arrangements are made)

Terms: 10% down payment on November 18, 2025. Balance due at final settlement/closing with a projected date of January 2, 2026, upon delivery of merchantable abstract and deed and all objections having been met.
Possession: Projected date of January 2, 2026 (Subject to the removal of the Sukup 48’ 48,000 bu. grain bin, Sukup T1611AS grain dryer, Sukup Cyclone grain blower system & (2) LP tanks by June 1, 2026).
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 5% buyer’s premium. This means a 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.
•        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.
•        Property will be sold lump sum price.
•        The property has been surveyed by a licensed surveyor on July 9, 2025 and recorded on August 1, 2025.  A copy is available online.
•        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 Franklin County & Iowa Laws & regulations.  Prior to final settlement/closing, the Buyer shall acquire the proper paperwork required by the Franklin County Sanitarian for the septic system.
•        An Easement and Waiver of Separation Distance has been recorded for this property and will remain in effect with future ownership. A copy is available 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.
•        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.