Wapello County, Iowa 6.5 +/- Acres Home and Buildings Online Auction

Online Auction – June 1st, 2021 – June 24th, 2021 @ 1:00pm

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

ONLINE AUCTION!

This Single-Family home is in Wapello County, Iowa on a much-desired Bluegrass Road between Ottumwa and Blakesburg, Iowa. The 1-story brick home is located on hard surface road with walkout basement was built in 1986 and has 2 bedrooms and 3 bathrooms. 1296 sq ft upstairs 1025 sq feet of living space downstairs. Washer and dryer hook ups upstairs are in the mud room. Open kitchen with oak cabinets, hardwood floor, and Pella windows that overlook the beautiful 6.5 acres that come with the property. The house has central air and central heat, concrete foundation, asphalt shingles for roofing, and a two-car attached garage. There are two brick gas fireplaces, one upstairs one downstairs that are LP. A 52’x104’ – 5,408 sq ft Pole barn with partial concrete floor, a 24’x36’ – 864’sq ft pole barn and a 20’x20’ shed is included in the sale.  This would make a fantastic hobby farm set up for anyone looking to live close to town on hard surface road and in a great school district. A survey will be completed prior to sale. There will be a new septic.

Open House will be as follows:

May 26th from 4-6 pm

June 9th from 6-8pm

June 23rd from 4-6pm

Call Land Jim Davis 641-777-5484 for more information on this online land auction.

Auction Date: June 24th, 2021 (Bidding opens June 1st)

Auction Time: 1:00 PM – Bidding Ends

Auction Location: BID ONLINE ONLY @ IowaLandCompany.com – Call Land Agent Jim Davis or Luke Skinner with any questions while registering to bid.

Sale Method: ONLINE AUCTION. The property will be offered as one tract. The property will sell to the highest bidder.

Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers’ attorney trust account. Remaining balance will be due at closing.

Property Possession: The buyer will receive full possession of the property at closing

Property Closing: August 3rd, 2021

Mineral Rights: All mineral rights will convey to the buyer.

Bidder Registration: All active bidders must be registered online through Iowa Land Company online bidding software to bid on the property unless special arrangements are made with Iowa Land Company auction representative prior to the auction ending.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the person’s credentials or fitness to bid.

Brief Legal Description  

6.5 +/- taxable acres located in Wapello County, Iowa Adams Township, Section 3. Exact legal will come from the abstract.

Taxes – TBD

From Ottumwa, Iowa

  • Go 8 miles west on Bluegrass rd.
  • Property will be on your right.

From Blakesburg, Iowa

  • Go 5 miles east on Bluegrass Rd.
  • Property will be on your left.

Property Address – 21615 Bluegrass Road Ottumwa, Iowa

PROPERTY AERIAL

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