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Auction Information
Auctioneer Sullivan Auctioneers, LLC 844-847-2161
Auction Date May 01 Auction
Location
7060 Hunt Road
Burlington, IA
Time 05:00PM
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Auction Listing
AuctionZip Auctioneer ID# 43943
DES MOINES COUNTY, IOWA REAL ESTATE AUCTION
Tuesday, May 1, 2018 at 5:00 P.M.
Sale to be held onsite at 7060 Hunt Road, Burlington, Iowa 52601
31.63± Surveyed Acres • 5 Tracts
OPEN HOUSE: THURSDAY, APRIL 19, 2018 from 5:00 – 6:00 P.M.


LOCATION
The Gillette properties are located in Sections 7 & 18, Concordia Township, and Section 13, Union East Township, Des Moines County, Iowa. (1½ miles south of Burlington, Iowa and just east of U.S. Hwy. 61) At the south edge of Burlington, Iowa on U.S. Hwy. 61 go south to Hunt Rd., then turn left or northeast and proceed a ½ mile to the properties. (Be watching for presale directional signs)

TRACT INFORMATION

Tract 1 – .98± Surveyed Acres
Physical Address: 7060 Hunt Rd. Burlington, IA 52601
This nice property features a 3 bedroom 1½ story home that was built in 1998. The dwelling includes 2½ baths, a full basement and an attached 2 car garage. A GFA furnace with central air provides heat and the water is supplied by Rathbun Rural Water. This is all situated on a nearly 1 acre lot that is conveniently located in close proximity to Burlington, IA.
Access is on the north by Hunt Rd.
 
Tract 2 – 1.82± Surveyed Acres
Physical Address: 7075 Hunt Rd. Burlington, IA 52601
This tract offers a large early constructed 2 story country home that features 4 bedrooms, a single bath, awesome wood work and a full basement. The home has a GFA furnace with central air as well as Rathbun Rural Water. Included with this property is a very nice 26’ x 44’ garage that offers a concrete floor and an above loft area that would make an ideal office area or living quarters.
Access is on the north by Hunt Rd.
 
Tract 3 – 16.52± Surveyed Acres
FSA information should indicate 14.72 acres tillable.
Highly productive Mahaska & Nira soils.
CSR2 is 91.8
This tract not only offers productive tillable farmland it features unlimited possibilities for new home building sites as well.
Access is on the north via a driveway that will require construction. Said driveway construction costs will be at the buyers expense.
 
Tract 4 – 1.33± Surveyed Acres
This parcel offers a nice new home building site that includes a 22’ x 51’ metal storage building, a 28’ x 35’ storage building and a large 2 story livestock barn.
Please Note: Per the City of Burlington this tract is non conforming under the Burlington Zoning Ordianance therefore there are several stipulations that may apply when purchasing this parcel. For further information contact the auction company.
Access is on the north by Hunt Rd.
 
Tract 5 – 10.98± Surveyed Acres
FSA information should indicate 4.06 acres tillable with the balance in timber. This parcel also offers several excellent home building sites as well as recreational acreage.
Access is on the south by Hunt Rd.

METHOD & TERMS
The Gillette Properties will be sold in 5 individual tracts. Tract 1 will be sold first, followed by Tract 2, both for a LUMP SUM total dollar amount. Tract 3 will be sold next on a price per acre basis, followed by Tract 4 that will be sold for a LUMP SUM total dollar amount. Tract 5 will be sold last on a price per acre basis. All tracts have been surveyed prior to the auction. Tracts will be sold individually and will NOT be combined at the conclusion of the auction.
Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approx. 30 days on or before Friday, June 1, 2018 upon delivery of a merchantable abstract and deed.
Immediately following the auction, the successful bidder shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing on Tracts 1, 2 & 4. Possession on Tracts 3 & 5 will be subject to a farm lease for the 2018 crop year. Due to these properties being in an estate, according to the Iowa Septic System “Time of Transfer” Law, the sellers will not be required to update or inspect the septic systems on Tracts 1 & 2. Any septic system upgrading or testing will be at the buyer(s) expense.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the properties. This real estate is being sold “as is”.

Mary J. Gillette Estate
Linda Hoffman – Lorimer
Executor

Representing Attorney:
James W. Miller
Cray Law PLC
420 N. Roosevelt Ave, Suite 110
Burlington, IA 52601
Phone: 319-208-3279

For additional information contact auction managers: Jim Huff (319) 931-9292 Jeff Hoyer (319) 759-4320




Auctioneer License Information: 444000107

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