No-Reserve Henry County, IA Real Estate Auction – Nelson

Nelson Cal

Thursday, October 20, 2022 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Henry County, Iowa

The Nelson properties are located at 210 & 212 South Locust, Winfield, Iowa and 1636 Racine Ave., Mt. Union, Iowa. (Approximately 15 miles northeast of Mt. Pleasant, Iowa.)

Nelson Cal

Seller

Kathy K. Nelson 

& Dustin J. Nelson

Managed By

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Inspection

Friday, October 7th • 4:00 – 5:00 PM

Parcel information

Parcel 1 • Country Home & 6.7 Acres±

  • This property is improved with a large 2-story, 4 bedroom, turn of the century country home that includes attractive woodwork, hardwood floors and offers 1,884 sq. ft. of living area. There is a single bath and the heat source is provided by a GFA with central air. 
  • There is a 40’ x 60’ utility building, a 40’ x 44’ pole barn and a 2-car detached garage located on the property.
  • Rathbun Rural Water is located on the property and the septic system has been updated.
  • We urge you to take a look at this acreage that is conveniently located on a hard surface road just north of Mt. Union, Iowa.
  • Access is on the west by Racine Ave.

Parcel 2 • Winfield, Iowa Residence

  • This parcel is improved with a large 2-story, 4 bedroom, executive style turn of the century home that includes awesome woodwork and 3,063 sq. ft. of living area and 2½ baths.
  • There is a 20’ x 24’ detached garage and an additional lot that includes several mature trees and a gazebo.
  • This home is nicely located in close proximity to the downtown area in Winfield, Iowa and Winfield/Mt. Union schools. 

Method & Terms

The Nelson properties will be sold in two (2) individual parcels based on the advertised acres. Parcel 1 will be sold first for a lump sum, total dollar amount, followed by Parcel 2, for a lump sum, total dollar amount. Both parcels will be sold individually and will NOT be combined. Bidding is NOT contingent upon financing, an appraisal or inspection.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, November 21, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Full possession on both parcels will be given at the time of closing. The septic system on Parcel 1 has been updated. Any future septic system testing or upgrades 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 property. This real estate is being sold “as is”.

Parcel 1 Aerial Maps

Parcel 1 Subject Photos

Parcel 2 Aerial Map

Parcel 2 Subject Photos

Kathy K. Nelson 

& Dustin J. Nelson

 

Representing & Closing Attorney:

Mitchell L. Taylor  |  Cray Law Firm, PLC

420 N. Roosevelt Ave., Suite 110, Burlington, IA 52601  |  (319) 752-4537

 

Representing Attorney:

Steven E. Ort  |  Bell, Ort & Liechty

P.O. Box 143, New London, IA 52645  |  (319) 367-2251

 

Auction Managers:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320