825 S Hall St, Algona, IA 50511 - Kossuth County

Hefty Auction, Diemer Realty and all other included parties are not responsible for internet issues, bid early

Buyers Premium: NO BUYERS PREMIUM

* Over 50 acres included in the purchase

* Most buildings have concrete floors

* Most buildings seem to be insulated

* Most buildings have overhead doors with electric openers

* You are purchasing a property rich with Algona history

* You decide what you pay for the property

* The property is outside of city limits

* Classified as R-5 Residental

* Office and cafeteria

* 2,056 sq ft house

* Main building 145x95 137 height concrete floors, drains, 6 overhead doors heat and a/c

* Other buildings 67x16 with concrete floor - 43x29 with dirt floor - 86x19 concrete floor

* Propane cost to buyer will be $

* Property sells AS-IS with no warranties expressed or implied, sell with all faults that are known or unknown. We do not warranty the property for its uses for any type.

Property details are 51.69 +/-Total acres

9.94 +/- Building site - 41.75 +/- Grass

Property sells per acre (price per acre x 51.69)

* The parties involved are Ron Peck Estate (Seller), Hefty Auction Service (Auction Company), Diemer Realty (Real Estate Broker)

* This auction is being held by Hefty Auction Service & Diemer Realty

* Part of the property is inside a flood plain please consult a reliable source for more details

* The starting bid today is $100,000 there will be live and internet bidding

* If you become the winning bidder today you will be expected to write a check to Diemer Realty for 10% of winning bid.

* This property is sold in AS-IS condition - The seller, Hefty Auction Service or Diemer Realty DO NOT guarantee any part of the property for any use

* Closing will be on or before 45 days after the auction closes

* None of the above parties make any warranties expressed or implied regarding water, electrical, wells. septics, usability or any part of the property

* Property sells with seller confirmation

* Diemer Realty represents the seller if prospective buyer chooses to use Diemer Realty as the buyer agent there is no further cost to buyer, however if the buyer chooses to use a different broker which in entirety their choice the buyer is responsible for all charges to their respective real estate agent

* The sale of the property is not contingent on buyers financing or inspections , these should have been done before auction day.

* If buyer can not follow through on purchase the earnest money will be forfeited and will be divided equally between seller, auction company and broker and will be resold

* ALL ANNOUNCEMETS MADE DAY OF SALE TAKE PRECEDENCE OVER ANY WRITTEN MATERIAL

* The propane tanks on property have not been inspected for safety or use. The buyer will be responsible for paying for the propane that is left in the tanks.

The terms and conditions are set forth upon this page in this buyers information packet. The information set forth is believed to be accurate, however the owner of the property, auction company & broker make no warranties or guarantees expressed or implied. Information contained in this document was collected from sources deemed to be reliable and is true and correct to the best of the writers knowledge. Auction company, owner and broker will not be held responsible for advertising discrepancies or inaccuracies

ALL ANNOUNCEMENTS ON AUCTION DAY TAKE PRECEDENCE OVER PREVIOUSLY ADVERTISED INFORMATION.

Prospective buyers are advised to to consult with an attorney of their choice with the respect to the purchase of any real property. Including but not limited to seeking legal advice from their own attorney regarding disclosures and disclaimers set forth below.

THIS WILL BE A SIMULCAST AUCTION WITH INTERNET AND LIVE BIDDING

Buyers can use any Real Estate Company they choose at the buyers expense

The sale of this property IS NOT contingent on the bidder securing financing or inspections.

All bidders must give full name, address, phone number and possibly more to be registered bidders

The successful bidder will be required to sign an Earnest money receipt and purchase agreement and the close of the real estate auction. A total of 10% of the contract price sale price will be required. Those funds will be placed in the Diemer Real Trust Account as good faith money until closing.

The contract signing will either be onsite or at the office of Diemer Realty at 78 N Main Ave Britt, IA

Purchasers who are unable to complete transaction for any reason will forfeit their earnest money. The balance of the purchase price must be paid in full within 45 days or sooner after the auction closes.

Closing will take place with at the office of Diemer Realty Britt, IA or at another location agreeable by all parties within 45 days of auction closing.

Seller will provide deed and abstract at closing

This auction is for registered bidders and guests. All bidding is open to the public and the property is offered for sell to qualified purchasers without regard to sex, PROPERTY WILL BE SOLD AS-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED

THE PROPERTY WILL BE SOLD UPON SELLER CONFIRMATION

All dimensions and descriptions are approximations only based on the best information

available and are subject to possible variations. Sketches may not be drawn to scale and photographs may not depict the current condition of property. Bidders should inspect the property and review all pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall

not rely upon the Seller, Auction Company or Broker.

Seller reserves the right to reject any or all bids

AGENCY DISCLOSURE

Hefty Auction Service and Diemer Realty represent the Seller - If the successful bidder requests Diemer Realty to represent the buyer there is no extra charge to buyer, If successful buyer chooses to use their own buyer's agent that will be at the buyer's sole expense.

MINERAL RIGHTS

All mineral rights if any held by seller will be transferred upon closing. However the seller does not warrant the amount or adequacy of the mineral rights

ENVIRONMENTAL DISCLAIMER

The seller, auction company or broker do not warrant with the respect to the existence or nonexistence of any pollutants or hazardous waste prohibited by federal, state or local law. Buyer is responsible for inspection of the property prior to purchase for conditions including but not limited to water quality and environmental conditions that may affect the usability or value of the property.

There may be wells or septic systems on the property which are not guaranteed to be safe, working or up to code

Seller, auction company or broker do not guarantee the electrical at the property is working,

safe or up to code

The prospective buyer needs to have financing in order and any and all inspections have to be done prior to auction closing.

The buyer is responsible for all closing costs example abstract, surveys if needed, court costs, and any cost to an additional realtor or broker if buyer decides to use a different broker than Diemer Realty

The buyer will be reponsible for the cost of propane that is left in the tanks if its usable or not. The amount of propane will be estimated at our best knowledge. The amount will be $age, race, color,

religion, natural origin or handicap

It is important to note that it is unknown what lies underneath on this property, including the presence of a septic system, underground fuel barrels, burn pits or any unknown items, and its the buyers responsibility of the buyer to rectify any issues discovered.

Please be informed that the purchase of this property is strictly on an as-is basis. No expressed or implied warranties are offered.

Prior to placing a bid on this property, it is imperative that you thoroughly read and comprehend all of the preceding information.