1169 Lincoln Ave, Chester, IA 52134

This property is offered for sale at auction on April 21st, 2022 at 10:00am at the Lime Springs Community Center. The building site is being offered with 12 acres and there is an additional 130 acres of Crop/CRP land surrounding the building site that will be offered as a separate parcel. Both parcels will be offered individually and as a whole 142 acres. It will be sold in the way that creates the highest selling price. The building site has two homes. Both homes need updates. There is a complete set of outbuildings that have been used for cattle in the past. See attached photos. There is approximately 6.2 acres that is considered cropland that goes with the acreage. Acreage is being sold "AS IS". The Estate is exempt from a time of transfer septic inspection. The Buyer would be responsible for a new septic system if needed. All buyers must provide name, address and phone number to clerks prior to sale. Bidders must also furnish a letter of credit from their bank. BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. 10% down day of sale with the balance due upon completion of legal documents. Successful bidders will sign a Purchase Agreement following close of bidding. Closing when paperwork is ready. Administrator reserves the right to accept or reject any and all bids. Taxes will be prorated to date of closing. Buyer to pay 1% buyer's fee at closing.