Iowa 2 , Kellerton, IA 50133(Ringgold County)

Recent improvements on this tract include a recently installed 30' wide driveway entrance into the property with a 18" diameter, 50' long steel pipe immediately off Iowa Highway 2, which was in accordance with the Iowa Department of Transportation line of sight requirements. In addition, rural water is available through the Southern Iowa Rural Water (SIRWA) District, and electric service is through Alliant Energy. Southern Iowa Rural Water has a 4" water line running along the north side of the property allowing for optimal water and quick hookup (See attached Utility Map). Please contact the Listing Agent for additional details.

Additionally, this building site is located only nine miles directly south of Sun Valley Lake, a 500-acre, private, residential lake in Ringgold County and would be a perfect highway location to put up a large pole building for boat storage. The building site is also situated within Zone 4 of Iowa's Nonresident Deer Hunting Zones, known for Boone and Crockett trophy whitetails, and within a short distance of other prominent southern Iowa recreational areas for hunting, fishing, or birdwatching opportunities.

The property is located within the Northeast Quarter of Section 2 in Athens Township in east-central Ringgold County, Iowa. Bids for the Ringgold County, Iowa tract will be sold as a total purchase price. Take advantage of this premier location to build your dream home, own and create a regional boat storage facility, or start a southern Iowa business along paved Iowa Highway 2 in the heart of southern Iowa!

*Principals of the selling LLC's hold active real estate licenses in the State of Iowa.

Auction Details & Terms

Absolute Online Only Auction - Ringgold County, Iowa Building Site (2.31 Surveyed Acres)

Bidding ends: Friday, October 4th, 2024 at 3:00 PM

The bidding is currently live!

Online Bidding: Register to bid on our website. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Bids for the Ringgold County, Iowa building site will be sold as a total purchase priceand will be sold ABSOLUTE with NO RESERVE. The Ringgold County, Iowa building site is being offered through an ONLINE ONLY auction where all bidding must be done online through Peoples Company's bidding application. Bidding is currently LIVE and will remain open until Friday, October 4th, 2024 at 3:00 PM Central Time Zone (CST) with closing taking place on or before Friday, November 8th, 2024. A bid placed within 3 minutes of the scheduled close of the auction will extend bidding by 3 minutes until all the bidding is completed. If you plan to bid, please register 24 hours prior to close of auction. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the internet service fails to work correctly before or during the auction.

Co-Broker: Co-Broker must register the client 24 hours prior to the Auction date by filling out our Broker Registration Form.

Earnest Money Payment & Possession: A 10% earnest money payment is required upon conclusion of the auction. The earnest money payment may be paid in the form of check or wire transfer. All funds will be held in Peoples Company's Trust Account.

Closing: Closing will occur on or about Friday, November 8th, 2024. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer unless other terms have been previously approved. Possession will occur at Closing.

Contract, Title, & Available Terms: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing. Should a Buyer like to purchase the property through a real estate contract, this may be available, but please contact Listing Agent for additional details.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an As is Where is basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.

Disclaimer: All property boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall property characteristics may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.