Name Dennis Hesse Estate Online Only Real Estate Auction
Auctioneer Sweeney Auction Service
Type Online-Only Auction
Date(s) 5/16/2022 - 6/1/2022
Bidding begins to close at 1:00 PM CST on Wednesday June 1, 2022
Preview Date/Time Wednesday May 18th & 25th from 4:00 to 6:00 PM.
Checkout Date/Time Selling Subject to Approval. If Seller accepts the high bid established by the auction, the successful buyer will need to sign the purchase agreement and deliver the 10% non refundable earnest money to the closing attorney, Shafer Law Office, within 24 hours.
Location 350 Pole Line Rd
Postville, IA 52162
Buyer Premium No Buyers Premium on this Auction
Description
This property consists of 18.5 Acres M/L with 12.64 Acres Tillable, 67.4 CSR2, 3.6 Acre Corn Base in Section 19 of Post Township in Allamakee County, which is rented out for this year. Older Two Story Home has a newer steel roof, 3 bedrooms, hardwood flooring & woodwork and the potential to be the farmhouse you’ve been waiting for, but it will need some TLC. Older Outbuildings include 20’x14’ Garage w/Steel Roof, 40’x28’ Shed and 30’x20’ Shed. Property also offers App. 3 Acres of Wooded Area to make this a unique package! Taxes App. $1,430 a year. If you’ve been looking for a some land in the country yet still close to town, make sure you check out this property with a nice combination of home & outbuildings, crop ground and woods less than 3 miles from Postville!
Auction Terms & Conditions Auction Terms & Conditions: This is an online only real estate auction. 10% Non Refundable earnest money in the form of certified check, cash or wire transfer to the closing atttorney's office, Shafer Law Office in Waukon, within 24 hours of completion of the auction, with balance due at closing around July 1, 2022, or as soon as paperwork can be completed. Possession would be given at closing. This property does sell "Subject to Approval" meaning the auction company will obtain Seller's Confirmation if they are willing to accept the high bid established at the close of the auction. If the seller does accept the bid, the successful bidder will be required to enter into a purchase agreement prepared by the closing attorney immediately following the close of the auction. This auction is not contingent upon financing, meaning the successful bidder will have 10% ready to be delivered to the closing attorney's trust account via certified check, cash, or wire transfer with 24 hours of the auction closing and will have the balance ready to go at closing. This sale is not subject to appraisal or inspection, property is being sold AS IS. Property is being sold AS IS by Estate, no property disclosure statements or time of transfer inspection on septic will be done. Courthouse records show a new septic system was installed in 2006. This is a timed event and will begin to close at 1:00 PM CST. An auto extend feature is in place, so if someone bids in the final 5 minutes of the auction, it will extend another minutes. If a bid for this auction is placed at 12:59 PM, the auction will extend out until 1:04 PM. This will continue until there are no further bids received in the final 5 minute time frame. The Seller will provide a continuation of the abstract at their expense, which will be sent to the buyers attorney to perform the title opinion. The cost of the title opinion is an expense of the buyer. Seller will convey the property by Deed at closing and Real Estate Taxes will be pro-rated. Sweeney Auction Service & Sweeney Auction Realty Services are agents of the seller. Seller is represented by Shafer Law Office as the closing attorney. Auction Company reserves the right to decline or deny any bidders if they are unable to be verified or are unable to meet the terms & conditions. Auction Company will notify registered bidders of any updated changes or corrections to the property as the auction progresses. The property is being sold AS IS and no warranty or representation either expressed or implied concerning the property is being made by the Seller or Auction Company. Each potential bidder is responsible for conducting their own inspections, inquiries, investigations, and due diligence regarding the property. The information contained on this website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction company reserves the right to cancel, postpone or pause the auction if complications or circumstances out of our control occur, such as software or server malfunction. The auction company, seller or the software provider shall not be held responsible for a missed bid or the failure of the software to function properly. By bidding on this property, you are agreeing to all these terms and signify you have read and understood them. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyers Premium on this Auction
Payment Terms
Cash, Certfiied Check or Wire Transfer for 10% Non Refundable Earnest Money. Not contingent upon financing.