Acreage Auction 1281 Brown Ave. Adair

Offering 1 Tract at Auction

Home and Outbuildings on 5.63 Acres

Address of Tract: 1281 Brown Ave. Adair Iowa

Auction Date: Saturday April 15th 2023 10 AM

Auction Location-1281 Brown Ave. Adair Iowa

Shirley Chesnut and the Late Don Chesnut

Auctioneer Notes: Shirley and Don made this their home for over 59 years. After Don's passing Shirley has decided to downsize and move closer to family. They have always maintained this home and made all necessary repairs when needed and continued to make it a beautiful home. Open House Sunday March 26 1-3 PM or by appointment. Call 641-740-0102 or 0177

Age: 1925 Acres: 5.63 Net Acre

Square Ft. 1850 Sf Basement: 1170 Sf Basement finish 576 SF

Bedrooms: 4(1 on main 3 upstairs) Bath: 1 Exterior: Wood siding

Legal Description: Lot "A" SE 1/4 SE 1/4 18-77-33 Adair County, Iowa

Property Taxes: $666.00 Annual Taxes

Utilities: Trane LP forced air furnace with central air, electric water heater, home is served by SIRWA rural water and Septic system has been updated and will pass Environmental Health Department's "Time of Transfer" requirements completed by seller prior to closing.

Outbuildings: 26 x 60 ft. wood frame machine shed with overhead doors, Astro wood frame Machine Shed 40 x 60 x 15 ft. built in 1980 and a Harvestore Silo 20 x 32 ft. 8078 bushel storage.

Farmhouse includes spacious front deck with pergola. Step into the enclosed front porch with washer and dryer tucked neatly into a closet. Large eat in kitchen with spacious cabinetry throughout. Includes all appliances dishwasher, electric range with built in microwave and refrigerator. Entertain guests in the living room/dining area or take them to the large addition. Home was added on with 24 x 24 ft. additional 1 story with full basement. This addition has the master bedroom and walk in closet and an additional family room on main floor. The basement has a recreation room with fireplace as well as the original basement area for utilities and storage. The story and half home also has 3 bedrooms upstairs. All have closets and upstairs has original hardwood floors. Main floor bathroom has, sink stool and easy entry walk in shower. Open House Sunday March 26 1-3 PM or by appointment. Call 641-740-0102 or 0177

Fence: Currently acreage is not fenced but will be responsibility of new owner to install and maintain fences if desired.

Personal Property Selling

Gravely ZT H-60 zero turn lawn mower with 24 HP gas Kawasaki engine 60 inch deck & 91

hours. Lowboy, 3 point bale carrier.

Directions From Adair: 2 miles south of I-80 on Co. Hwy. N54, West 2 miles on 130th St

1/8 mile North on Brown Ave. (Look for signs).

Real Estate Taxes: Will be prorated to the date of closing as a credit to the new buyers. Taxes will be based on current county tax records for these parcels. Annual Taxes: $666.00

Minerals and Wind Energy Rights: None of record.

Conditions: This sale is subject to all easements, covenants, restrictions of record and leases. Tenants lease is terminated April 1st, 2023 and current tenant will move out prior to closing. Buyer is welcome to conduct a final walk thru inspection prior to closing. All property is sold AS-IS with no specific guarantees expressed or implied, by the sellers or agents. Sale is not contingent on financing! All buyers must be prequalified and able to provide earnest deposit day of sale balance due upon closing on or before May 15th 2023.

Possession: upon closing. The current lease is in effect 30 days following termination or May 1st. Earnest Payment: A 10% earnest money payment is required day of sale and upon acceptance by sellers. Payment may be in the form of cash, cashiers check, personal check or company check. All funds deposited will be held by the closing agents Wedemeyer Auction & Realty in their trust account.

Contract and Title: Immediately upon conclusion of auction and acceptance by sellers, buyers will enter into a real estate contract and deposit the necessary earnest payment. The sellers will provide the current abstract of title at their expense. Sale is not contingent on Buyer's Financing.

Sale Method: The real estate will be offered in a single tract. Open bidding will be welcome by all qualified bidders until the bidding ceases and the Auctioneer announces that the tract is sold. Bidding increments are at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval from the Auction Company and the Sellers. All decisions of the auctioneer are final.

Approval of Bids: Final sale is subject to the Seller's approval or rejection.

Closing: will be approximately 30 days following the acceptance of an offer on or before May 15th 2023. The balance of the contract will be due and payable at this time, all funds will be transferred by guaranteed funds at the discretion of the closing agents.

Agency: Wedemeyer Auction & Realty LLC are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, Wedemeyer Auction & Realty nor the seller makes any guarantees or warranties. All bidders must carefully review all materials provided, All figures, sketches and dimensions are approximate. Any announcements made sale day take precedence over printed materials or oral statements. Wedemeyer Auction & Realty reserve the right to preclude any person from bidding if there is a question as to their credentials or fitness to bid.

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