Terms & Conditions

By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company. 

Payment

When paying within the stated time and with our acceptable payment methods: 

• A buyer’s premium of $1,000 per Tract applies to items purchased on this Live Webcast Auction, if purchased online.  No Buyer's Premium charged if purchased onsite.

• Down payment is due on the day the auction closes and signing of the contracts will take place through email and electronic document signatures..

Acceptable forms of payment:

• Bank Wire Transfer; please call for wire instructions to be emailed to you.
• Check delivered to our office that held the auction
• Check By Phone

Mt. Pleasant, 319-385-2000

• Check By Fax

Mt. Pleasant, 319-385-4709

Agents for Sellers
Steffes Group, Inc. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Auctions are with undisclosed reserves unless advertised otherwise as "Absolute."  Auctioneers, at their discretion, may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold, and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Group and our Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. All items are sold As-Is-Where-Is unless specific factory or seller issued warranties are listed in the item description.

Inspection

You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not. 

Auction Close

Timed-online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last 4 minutes. Timed-online auctions normally close at a rate of 3 lots every 2 minutes.  

Please note that some lots can be tied together and will be set to close simultaneously.  This will be indicated in those lots by a paper clip symbol.  Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied.

Steffes Group reserves the right to close multiple lots per minute at its discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Group, its employees, and its sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare your item(s) for transport and/or shipping. This includes, but is not necessarily limited to, the cost of any rigging, dis-assembly, special loading requirements, transport, packaging, insurance, and all other costs related to physical transfer of your item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller. 

Buyer Default

When using our online auction services you are making a firm commitment to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. 

Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. 

Internet Risk

You acknowledge that the internet may be an unreliable and error-prone network. Steffes Group will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Group, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any event that is simulcast as an Internet Auction. 

Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Group retains the right, at our sole discretion, to add, delete, or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice.

DALLAS COUNTY, IOWA LAND & ACREAGE AUCTION

ADEL, IOWA

Auction to be held on site at 30761 Meadow Road, Adel, IA 

From the south edge of Adel on Highway 169, proceed 2 miles southwest on Meadow Road OR 4 miles north of De Soto, IA on Highway 169, then 2 miles southwest on Meadow Road.

TUESDAY, AUGUST 24, 2021 AT 10AM

Open House: Tuesday, August 10th from 10-11AM

Real Estate Sells First!

Online Bidding Available on Real Estate & Equipment!

Auctioneer’s Note:  Daryl & Mary Beth have decided to sell their beautiful country acreage on this Steffes Group live auction event with online bidding.  Take advantage of this unique opportunity to purchase the home and adjoining land in the Adel DeSoto Minburn School District.  The real estate will sell first, followed by the short line of equipment, finishing with the furniture & household items. Steffes loader will be onsite the day of the auction to assist in loading.

67.25 Acres M/L – SELLS IN 3 TRACTS

Please note due to county zoning minimum acre requirement,
Tracts 2 & 3 acres & lines have changed.

View Day of Auction Real Estate Contracts
< Tract 1 > < Tract 2 > < Tract 3 > < Seller's Disclosure >

Tract #1 – Brick Home & Buildings on 5.26 Taxable Acres M/L
Looking for the country life?  Then you will enjoy all this country acreage has to offer!  Several buildings on this acreage are perfect for livestock and storage needs.  Beautiful landscaping and mature trees offer plenty of shade & windbreaks.  All within minutes of Adel.

Main Level:
- 1,425 sq.ft. of space on the main level, built in 1969
- Kitchen with breakfast bar
- Large L shaped living/dining room
- Three bedrooms
- Bathroom
- Mudroom & ½ bath
- 6’x26’ covered front porch
- 12’x18’ deck

Basement:
- Family room with fireplace & Voyager hot tub
- Rec room
- Storage room
- Laundry room w/ shower & sink
- Weil McLain heat pump w/ main level central air
- Xenia rural water & MidAmerican electric

Buildings:
- 31’x79’ open faced livestock barn, 2 waterers, built in 2001
- 40’x60’ machine shed, insulated, concrete floors, hanging heater (not hooked up), 2 sliding doors, built in 1975
- 40’x100’ Quonset building, concrete floors, built in 1950
- 24’x72’ pole building, overhead door, sliding door, part concrete
- Detached 24’x24’ garage

Included: Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Voyager hot tub, auxiliary ProCom gas furnace (in basement) 1,000 gal LP tank, All other items present on the day of closing.
Not included: Freezer, All personal property. Attached & unattached fencing sold at auction, All farm machinery & equipment.

Tract #2 – 40.39 Acres M/L
FSA indicates: 38.72 acres tillable.
Corn Suitability Rating 2 is 86.7 on the tillable.
Located in Section 2, Adams Township, Dallas County, Iowa.
Not included: 2021 crops 

Tract #3 – 21.6 Acres M/L
Approx. 18.5 acres tillable.
Corn Suitability Rating 2 is 71.8 on the tillable.
Located in Section 2, Adams Township, Dallas County, Iowa.
Not included: 2021 crops & hay cuttings 

View FSA Aerial

Terms: 10% down payment on August 24, 2021.  Balance due at closing with a projected date of October 1, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 1, 2021.  (Subject to the completion of the fall harvest on the tillable land)
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.

Tract #1
Net Taxes $3,592.00 (Rounded)

Tract #2
Net Taxes $1,117.00 (Approx.)

Tract #3
Net Taxes $559.00 (Approx.)


Special Provisions: 
• Tillable land is selling free and clear for the 2022 farming season.
• It shall be the obligation of the Buyer(s) to report to the Dallas 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.
• Tract 1 will be sold lump sum price.  Seller shall not be obligated to furnish a survey.
• Bidding on Tracts 2 & 3 will be by the acre.  Seller shall not be obligated to furnish a survey, if Tracts 2 & 3 are the same Buyer.
• In the event the Buyers of Tracts 2 & 3 are not the same, then a survey of Tracts 2 & 3 will be completed prior to final settlement/closing.  If the recorded gross surveyed acres of Tract 2 & 3 are different than the stated advertised acres, then adjustments to the final contract price will be made accordingly at closing on Tracts 2 & 3.
• The Seller 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 Seller’s responsibility and expense, if needed, to upgrade, repair, or any other matters to the septic system in accordance with Dallas County & Iowa Laws & regulations.  Prior to closing, the Seller shall acquire the proper paperwork required by the County Sanitarian for the septic system. 
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• If one Buyer purchases more than one tract, the Seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one buyer).
• The Buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
• The Buyer(s) 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(s).
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The Buyers acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyers are 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 the day of sale take precedence over advertising.

Click Here for Equipment & Furniture Selling after Real Estate at Approx. 10:30AM


Daryl G. & Mary Beth Nelsen
and Seventy Seven Investment Company
Patrick Dillon – Attorney for Sellers

For information contact Nate Larson of Steffes Group,
515.432.6000 or 319.931.3944