Oct. 17, 2013-11AM--Building & Bin site by Inwood IA.--Farmers Elevator Cooperative --Rock Valley IA--owners-Sold for $115,000.00

Upcoming Public Auction

Of 40 x 80 building and 4 grain bins with approx. 82,000+ bu of grain storage situated on

approx. 1.01acres located approx. ½ mile East of Inwood, IA. on Blacktop A-42/240^th St.

Thursday October 17, 2013—Sale time: 11A.M.

 Auction held at building site located ½ mile East of Inwood, IA. on Blacktop A-42

Auctioneers note:  The Farmers Elevator Cooperative of Rock Valley IA has asked us to offer this bin site and building at public auction. If you are looking for an excellent location on a hard surface road for grain storage and a building with multiple opportunities or the possibility to expand–Make plans today to attend! Auction signs will be posted!

Legal Description:  Lot 3 in the E1/2 of the SW1/4 Section 17, Twp 98N, Range 47W of the 5^th P.M. as recorded in Plat Book 6 at Page 79 in the office of the Lyon County Recorder, Lyon County, IA.- subject to public roads and any/all easements of record.

General Description: This property consists of 1.01 acres. This property features a 40 x 80 pole building with concrete floor.  This building has 14’ sidewalls. This building has 2—19’ sliding doors. This building is not heated or insulated. This building would be excellent for machinery storage or a business opportunity. This property also has 4-grain bins and according to Federal licensed bushels, 1 bin—will hold approx. 27,842bu, 1bin—will hold approx. 20,455bu, 1 bin will hold approx. 6,960bu and 1 bin will hold approx.—27,577bu. The 3 large bins have electric dryers with drying floors.  This property is located just East of Inwood, IA. on Blacktop A-42. This property would make a great investment with multiple opportunities including the opportunity to expand your grain storage with great access.

Taxes: Current real estate taxes for this parcel are $1438.00 per year. Sellers will prorate real estate taxes to date of closing.

Terms:  Purchaser(s) will be required to pay a non-refundable $15,000.00 of the purchase price immediately following the auction and also enter into a recorded Real Estate contract with the remaining balance due and payable on closing day on or before November 14, 2013. Buyer will be granted possession according to the contract on October 18, 2013 and buyer agrees to provide seller with proof of insurance with seller listed as loss payee until final closing. Buyer will be responsible for all utilities as of date of possession. This property is being sold as is with any/all defects as a cash sale with no finance contingencies. No warranties are expressed or implied. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all the data provided. Any announcements made the day of the auction will supersede any advertisements. Auction booklets are available upon request. The property is being sold subject to the confirmation of the sellers.  If any additional information is requested, please contact the agents listed below. Auctioneers and Real Estate agents are representing the sellers. 

Farmers Elevator Cooperative of Rock Valley, IA.—owners

James Haberkorn—attorney for sellers

Auctioneers and Re Brokers:

Mark Zomer-VVZ Realty–712-470-2526

Darrell Vande Vegte-VVZ Realty–712-726-3428

Gary Van Den Berg-sales-VVZ Realty–712-476-5843