Lot# 5

Location: Onawa, IA

Closed on:

March 22, 2023 | 02:44PM CDT

High Bid $140,000
Bid Increments
Bids over 0 must be in 250 increments
Bids over 5,000 must be in 500 increments
Bids over 10,000 must be in 1,000 increments
Bids over 50,000 must be in 2,500 increments
Bids over 100,000 must be in 5,000 increments
Bids over 250,000 must be in 10,000 increments
Bids over 500,000 must be in 25,000 increments
Bids over 1,000,000 must be in 50,000 increments
Max Bid?
  • Maximum Bids may be placed any time before the Item closes
  • Bids are confidential and other bidders cannot see your max bid
  • Max Bids are executed by the automated bidding system on the bidders behalf
  • Max Bids may be increased at any time before the item closes.
  • You may NOT lower a max bid after it has been placed
  • Max Bids are executed on the order they have been placed.
    • If there are more than one max bids placed for the same amount the first max bid recorded will be executed
    • If a single bid is placed at the amount of a previously entered max bid, the max bid will have precedence and be executed at that amount
  • When Max Bids are placed on an item that has a reserve, the appropriate bid will be executed to meet the reserve.
    • If the Max Bid is not high enough to meet reserve the max bid will be executed and "Reserve Item" will be displayed.
  • Bidder may increase their max bid until the Reserve is met if they desire.
DESCRIPTION
LOCATION
This property is located at 213 10th Street, Onawa, IA 51040. For more information or an appointment to view the property, please contact Jason @ 316-303-6544.

LEGAL DESCRIPTION
LOT 35 LINDLEY SUB DIV & PT NW NW AKA LOT 9 LINDLEY SUB-DIV; County Parcel #834504226035.

DESCRIPTION
Built in 2014, the office is approximately 3,000 square foot total, a 2 story building. Wood frame building with siding and asphalt shingles. There is outside access to second level. The office space is all finished with central air. Rice Lake 80' 200,000lb concrete deck scale was installed NEW in 2014. There is digital read scale and outside monitor. The grain probe was also installed in 2020. This 2 blocks north of the grain storage facility.

The property has city electric, water, gas and sewer utilities.

TERMS
High bidder will enter into a purchase agreement upon conclusion of the auction. A 10% earnest deposit to be placed with Matt Minnihan Law Firm by March 23, 2023, 5:00 PM CST. Balance of purchase price to be paid in full with certified funds upon closing and delivery of deed. Closing to take place on or before May 15, 2023. Closing fees to be shared equally between Buyer and Seller. Buyer title insurance for the account of the buyer. All Real Estate taxes shall be prorated as of March 23, 2023. Full possession to be given upon closing. Sale of the property is not conditional upon the ability of the buyer to secure financing. 1.5% Buyer's Premium charged on overall total final bid amount only. Final bid is subject to the confirmation of the Seller. The property is subject to all recorded easements, covenants, restrictions and reservations of record. Broker and Seller make no representations, warranties, or guarantees regarding such rights.

Property and equipment are sold on an “AS IS WHERE IS" basis with no warranties or guarantees expressed or implied by the Broker or Seller. No operational assessments have been made by DPA Auctions; it has been photographed only. Agency Steve Peterson, Doug Rickett, Paige Peterson Broker are acting as Sellers limited agents and as such, solely represent the Seller in this transaction. We obtained the information above from sources we believe to be reliable. However we make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions prior sale, lease, financing, or withdrawal without notice. We include any projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your legal advisors should conduct your own investigation of the property and transactions. This will be real property ONLY. No personal property.

Notes:


DOCUMENTS

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Category: Real Estate

LOCATION

Onawa, IA 51040

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Equipment Sold "AS IS, WHERE IS": All equipment/property is sold "AS IS, WHERE IS" with no warranty or guarantees, expressed or implied, No operational assessments have been made by DPA Auctions on this item, it has been photographed ONLY.