THIS IS A COMPLETED SALE
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Real Estate and Reclaimed Lumber Auction
Previous Page Listing ID#: 221367

Auction Location
Farragut, IA 51639

Auction Dates and TimesSALE IS COMPLETED
Monday Aug 24, 2020 Completed

Auction Type
Live Auction

Company Information
Spencer Auction Company Website: www.spencergroups.com GoToAuction.com ID#: 4859 View company information and listings

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Listing Terms and Conditions
Real Estate Terms: Method of Auction: Property will be sold on a total dollar basis. Sellers will have the right to accept or reject the offer. Terms: Buyer will be purchasing the property in it’s “as-is, where-is” condition. Successful bidder will sign a purchase agreement the day of the auction and deposit a 10% earnest in the Clear Title and Escrow Trust Account. Your bid is NOT subject to financing, inspections or appraisals. Financing must be arranged prior to the auction. Title insurance to be split 50/50 between the buyers and the sellers. Seller will provide clear and marketable title at closing. Closing: Closing shall be on or before September 24 ,2020. Possession: Buyer will receive full possession at closing. Reclaimed Lumber: Cash day of sale or check with proper ID. Nothing removed until settled for. Not responsible for accidents. Not responsible for items left on the premises after the auction.

Listing Terms and Conditions

Real Estate Terms: Method of Auction: Property will be sold on a total dollar basis. Sellers will have the right to accept or reject the offer. Terms: Buyer will be purchasing the property in it’s “as-is, where-is” condition. Successful bidder will sign a purchase agreement the day of the auction and deposit a 10% earnest in the Clear Title and Escrow Trust Account. Your bid is NOT subject to financing, inspections or appraisals. Financing must be arranged prior to the auction. Title insurance to be split 50/50 between the buyers and the sellers. Seller will provide clear and marketable title at closing. Closing: Closing shall be on or before September 24 ,2020. Possession: Buyer will receive full possession at closing. Reclaimed Lumber: Cash day of sale or check with proper ID. Nothing removed until settled for. Not responsible for accidents. Not responsible for items left on the premises after the auction.

Listing Information
REAL ESTATE – 504 FOOTE ST, FARRAGUT IOWA 2.60 acres Former Gavilon Grain Location Brief Legal Description: Lots 96-103 and Lots 183-185 and Foote St Adj Also Lots 190-194 INC; and Lots 187-189 INC, parcels contain 2.60 acres. Improvements: Steel Building 60’x240’ Taxes: $2538 for the 2018 tax year. Taxes will be prorated to the date of closing. Method of Auction: Property will be sold on a total dollar basis. Sellers will have the right to accept or reject the offer. Terms: Buyer will be purchasing the property in it’s “as-is, where-is” condition. Successful bidder will sign a purchase agreement the day of the auction and deposit a 10% earnest in the Clear Title and Escrow Trust Account. Your bid is NOT subject to financing, inspections or appraisals. Financing must be arranged prior to the auction. Title insurance to be split 50/50 between the buyers and the sellers. Seller will provide clear and marketable title at closing. Closing: Closing shall be on or before September 24 ,2020. Possession: Buyer will receive full possession at closing. RECLAIMED LUMBER Approximately 250,000 board feet of reclaimed lumber.

Listing Information

REAL ESTATE – 504 FOOTE ST, FARRAGUT IOWA 2.60 acres Former Gavilon Grain Location Brief Legal Description: Lots 96-103 and Lots 183-185 and Foote St Adj Also Lots 190-194 INC; and Lots 187-189 INC, parcels contain 2.60 acres. Improvements: Steel Building 60’x240’ Taxes: $2538 for the 2018 tax year. Taxes will be prorated to the date of closing. Method of Auction: Property will be sold on a total dollar basis. Sellers will have the right to accept or reject the offer. Terms: Buyer will be purchasing the property in it’s “as-is, where-is” condition. Successful bidder will sign a purchase agreement the day of the auction and deposit a 10% earnest in the Clear Title and Escrow Trust Account. Your bid is NOT subject to financing, inspections or appraisals. Financing must be arranged prior to the auction. Title insurance to be split 50/50 between the buyers and the sellers. Seller will provide clear and marketable title at closing. Closing: Closing shall be on or before September 24 ,2020. Possession: Buyer will receive full possession at closing.

RECLAIMED LUMBER

Approximately 250,000 board feet of reclaimed lumber.

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Contact:
Phone:

504 Foote St
Farragut, IA 51639

Monday Aug 24, 2020 Completed

Listing Details
REAL ESTATE – 504 FOOTE ST, FARRAGUT IOWA 2.60 acres Former Gavilon Grain Location Brief Legal Description: Lots 96-103 and Lots 183-185 and Foote St Adj Also Lots 190-194 INC; and Lots 187-189 INC, parcels contain 2.60 acres. Improvements: Steel Building 60’x240’ Taxes: $2538 for the 2018 tax year. Taxes will be prorated to the date of closing. Method of Auction: Property will be sold on a total dollar basis. Sellers will have the right to accept or reject the offer. Terms: Buyer will be purchasing the property in it’s “as-is, where-is” condition. Successful bidder will sign a purchase agreement the day of the auction and deposit a 10% earnest in the Clear Title and Escrow Trust Account. Your bid is NOT subject to financing, inspections or appraisals. Financing must be arranged prior to the auction. Title insurance to be split 50/50 between the buyers and the sellers. Seller will provide clear and marketable title at closing. Closing: Closing shall be on or before September 24 ,2020. Possession: Buyer will receive full possession at closing. RECLAIMED LUMBER Approximately 250,000 board feet of reclaimed lumber.