Home & Buildings on 32.13± Acres – Sells in 1 Tract

Home

•        Three bedroom home with 1,312 sq.ft. of living space, built in 1974.
•        Main level offers a living room, dining room, kitchen with laundry area,  adjacent ¾ bathroom, 3 bedrooms & a full bathroom.
•        Other highlights include: vaulted ceilings throughout, full unfinished basement, Weil McLain boiler heat, Ruud central air and city utilities (gas, water & sewer), and a well(condition unknown.)
•        Buildings include a detached 3 car garage and a 42’x56’ pole building with 13.5’x13.5 sliding door, 12’x10’ OH door & concrete floors, Wire corn crib.
•        Located within the city limits of Knoxville, IA and currently zoned R-3.
•        Included:  Refrigerator, Stove, Washer, Dryer, Wire corn crib, Any items present on the day of final settlement/closing.
•        Not included:  All personal property.
•        View Seller Disclosure
•        View Lead Based Paint Disclosure

Land

•        FSA indicates 27.1 cropland acres.
•        Corn Suitability Rating 2 is 58.2 on the cropland acres.
•        Balance of land is timber and a creek running through the property.
•        Located in Section 6, Knoxville East Township, Marion County, Iowa.
•        Tax Parcels 11997-010-00, 11997-008-00, 11997-008-90 = $3,764.00 Net
•        View FSA Field Map & 156 EZ Form
•        View Soil Map
•        View Real Estate Contract

Terms: 10% down payment on November 7, 2024. Balance due at final settlement with a projected date of January 2, 2025, upon delivery of merchantable abstract and deed and all objections having been met.
Possession:  Projected date of January 2, 2025.
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.

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. 
•        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.
•        The tillable land is selling free and clear for the 2025 farming season.
•        It shall be the obligation of the Buyer to report to the Marion County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. 
•        Bidding on the property will be Lump Sum Price.
•        The Seller shall not be obligated to furnish a survey.
•        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 to Buyer upon closing.
•        This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, 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.
•        Any announcements made or published the day of sale take precedence over advertising.