1614 310th Street , Rock Valley, IA 51247(Sioux County)

Location: 1614 310th St., Rock Valley, IA 51247 or from Pump N Pak in Rock Valley, IA go 7 miles West on US HWY 18 to the curve and then do not take the curve instead continue West on US HWY 18 onto 310th St. and then go 2 miles further West on 310th St. Pastureland is located directly East of the Acreage Site Auction signs will be posted.

Legal Description of Tract 1: Parcel D in the NW1/4 of Section 25, TWP 97N, Range 48W, Sioux County, IA. Subject to public highway and easements of record.

General Description of Tract 1: When people talk about a once lifetime opportunity this is the kind of property they are talking about! This property has been in the Groth family since 1871! This property is nestled in the hills West of Rock Valley, IA & South of Inwood, IA and is surrounded by beautiful hills of timber which is managed by the DNR and has a breathtaking view of the Big Sioux River! The acreage site will consist of 14.51 gross acres! The home on this property consists of a Stately, Gorgeous 2 story home with a 23 x 29 attached insulated garage! The main floor of this home features a beautiful, inviting living room, an updated kitchen/breakfast nook, dining room, laundry/entry, office, 1 1/2 bathrooms and a den/potential bedroom. The upper level of the home consists of 4 bedrooms plus a divided full bath and storage area. The lower level of the home consists of a family room, utility room and storage room! This home has vinyl/brick siding and an asphalt roof! This home has a newer electric heat pump/central a/c! This home is well maintained and would make an excellent home for you or your family! The home is well insulated and has a radon mitigation system installed. This property also has a 40 x 64 machine shed which was built in 2014 and is heated and insulated! This property is on REC electric and currently shares a rural water connection with the adjoining pastureland which also will be sold. If the purchaser of the acreage site and pastureland are not the same purchaser the buyer of the acreage site will be required to install their own rural water pit/meter and will be solely responsible for all costs associated with installation of rural water pit/meter. The septic system on the home is functioning however it will not pass Iowa Code and the seller will give the buyer a credit of $15,000.00 towards the installation of a new septic system. Buyer will be responsible for costs and installation of septic system. If the purchaser of the acreage site and pastureland are not the same person, the buyer of the pastureland shall be responsible to install a new 4 strand barbed wire fence on the boundary between the acreage site and pastureland. If the purchaser of the acreage site and pastureland are not the same purchaser the buyer of the pastureland will receive an easement for the electric line from the buyer of the acreage property for the electric line which runs across the acreage property to the well and the buyer of the pastureland will be responsible for all costs associated with installation of the new meter on the acreage property for the pastureland. This electric line easement will be for the use of powering the well only. This property has it all with a beautiful, family friendly well maintained home, heated shop and excellent views of the Big Sioux River! If you are a nature enthusiast, outdoorsman or are simply looking for a secluded property to enjoy then this is the property for you! This Properties like this rarely come for sale! Come check it out!!! This property adjoins 190 acres of beautiful State owned hills and riverfront!! If you love nature and all that goes with itthis is the place for you!!

Abbreviated Legal Description of Tract 2: Parcel E in the NW1/4 of Section 25, TWP 97N, Range 48W, Sioux County, IA. Subject to public highway and easements of record.

General Description of Tract 2: This pastureland consists of approx. 39.57 gross acres. This pastureland is one of the most scenic and productive pastures located in Northwest Iowa with excellent standings of grass for grazing and unbelievable views in every direction for Recreation or any future plans. Pastureland in this area is not often available! This pastureland has been well maintained and is available for 2022! This pastureland has an approx. 185ft well with a submersible pump for a source of water. This property does also have rural water. If the purchaser of the acreage site and pastureland are not the same purchaser the buyer of the pastureland will receive an easement for the elec line from the buyer of the acreage property for the elec line which runs across the acreage property to the well and the buyer of the pastureland will be responsible for all costs associated with installation of the new meter on the acreage property for the pastureland. This elec line easement will be for the use of powering the well only. This property has great access off of the gravel road. The buyer of the pastureland will be required to sign a fence agreement stating that all future repairs/maintenance/installation of new fence for any fence which adjoins the acreage site will be the sole responsibility of the owner of the pastureland. The current owner of the pastureland is applying for a conditional use permit for the new buyer to be able to construct a dwelling on this property. Contact an Agent for details! This is an excellent opportunity! The corral in the pastureland is the property of the current tenant and will be removed by closing day.

Open House: Open house will be held at the property on May 7, 2022 from 10:00 A.M. to 12:00 P.M. (Noon) and on May 12, 2022 from 5:30 to 7:00 P.M. or by appointment by contacting one of the agents listed below.

Method of sale: Tract 1 (acreage site) will be sold in total dollars, Tract 2 pastureland will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the acreage. Personal property will be sold immediately following the acreage and pastureland.

Taxes: The current estimated taxes on the acreage site are approx. $2,006.00 per year and the estimated taxes on the pastureland are approx. $226.00 per year. Taxes will be pro-rated to the date of closing.

Possession: Full Possession of the acreage site and pastureland will be on closing day.

Terms: Purchaser(s) shall be required to pay a non-refundable 15% of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before July 15, 2022 when the buyer shall receive a clear and merchantable title to the property. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. 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 data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Seller does 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 statutes. All measurements, footages, years built etc. are not guaranteed. All buyers are encouraged to do buyers due diligence. Any announcements made day of the auction will supersede any advertisements. Auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the seller. If any additional information is requested, please contact auctioneers listed below. Jacqueline GrotewoldAttorney for Seller.

Darwin & Carol Groth Owners