Looking for a hobby acreage or a small piece of farm ground? Osceola County acreage located on a blacktop road just 3 miles north of Sibley on Old Hwy 60. Just under 15 acres including a single story ranch style home built in 1977. Two stall attached garage Rural water and REC electrical service to the property Electric baseboard heat with window air conditioning unit Three bedrooms on the main floor with a full bathroom. Basement hosts a second bath. The basement is tiled around the outside which drains into a sump pump. Water problems have occurred, but only occurred due to an electrical outage of the sump pump. No other known water issues. Basement is not 100% finished, but was lived in at one point. The septic system will need to be brought up to Iowa code upon purchase and the sellers will not be covering any of this expense. Annual property taxes are approximately $1,008 according to the Osceola County Treasurer. Sellers will pay the 2021 taxes which are due and payable in March and September of 2022. All of 2022 taxes will be prorated to the day of closing. All subsequent taxes will be the responsibility of the buyer. The 14.78 acre property has 10.11 tillable acres. The land is under lease contract until March 1, 2023. The lease is terminated and the new owners will be granted full rights upon March 1, 2023. The current crop share lease proceeds for 2022 will go to the buyer. Predominate soils include Everly and Wilmonton CSR2 rating of 90 CSR rating of 72.4 Sellers will be taking sealed bids until December 31, 2021 until 7 pm. After which, the top three bidders will be notified by end of business Monday, January 3, 2022 and given one chance to revise their bid. Final bids will be due on January 7th, 2022 by 7 pm. The successful bidder will be notified no later then Monday, January 10th, by 7 pm. This property is being sold subject to the confirmation of the sellers. The successful bidder will be required to pay a non-refundable earnest money deposit of 10% of the purchase price, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day. Closing will be on or before March 1, 2022. Buyer shall receive a clear and merchantable title to the property on closing day. The acreage is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. Every effort has been made to provide accurate information, but all prospective buyers are encouraged to inspect the property and verify all data provided. Lines are approximate on maps, no survey will be conducted. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statues. Bids will need to be given to Meghan Reed in writing and can be delivered via email, mail, or dropped off at: Mailed to: Emailed to: 2465 Oriole Ave Or millsmeghant@gmail.com Ashton, IA 51232 Feel free to call my cell with any questions 712-344-9628.
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