THIS IS A COMPLETED SALE
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Lowe Estate - Lee County Iowa Real Estate & Personal Property Auction
Listing ID#: 139101

Auction Location
1911 Arthur Drive Ft. Madison IA 52627

Auction Dates and TimesSALE IS COMPLETED
Tuesday Jul 23, 2019 Completed Thursday Jul 25, 2019 Completed

Auction Type
Live Auction with Online Bidding VIEW ONLINE CATALOG

Company Information
Steffes Group Website: www.steffesgroup.com GoToAuction.com ID#: 1852 View company information and listings

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Listing Terms and Conditions
Terms & Conditions By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company. Payment When paying within the stated time and with our acceptable payment methods: A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions. A 2% buyer’s premium with a maximum charge of $500 per item applies to items purchased on Live Webcast Auctions. You agree to make payment for all online purchases in U.S. funds within 2 business days of receipt of invoice by one of the acceptable forms of payment unless approval of financing arrangements is made with Steffes Group. To issue a check by fax, simply write a check as you normally would and fax a copy to us. All NSF checks will be charged a $30 fee. Checks by mail are not an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase. No items will be released until full payment clears our office. Acceptable forms of payment: Bank Wire Transfer; please call for wire instructions to be emailed to you. Check delivered to our office that held the auction Check By Phone West Fargo, Sioux Falls, Grand Forks 701-237-9173 Litchfield 320-693-9371 Mt. Pleasant, Ames 319-385-2000 Check By Fax West Fargo, Sioux Falls, Grand Forks 701-237-0976 Litchfield 320-693-9373 Mt. Pleasant, Ames 319-385-4709 Sales Tax All appropriate state sales tax laws will apply per the location and type of seller of the piece of equipment. Please note that Minnesota does not consider regularly-scheduled consignment auctions as "auctions" but rather "consignment auctions," requiring sales tax to be charged unless the buyer provides an exemption form for qualifying items. For purchases in South Dakota you are not exempt from any sales tax unless a 3^rd party transports your items and you take possession outside of the State of South Dakota. In that case, the state laws where you take possession are effective. There are exceptions for dealers (retailers). Click on the following for a tax exempt form: Minnesota Tax Link North Dakota Tax Link Iowa Tax Link ND Dakota titled vehicles Per North Dakota vehicle and sales tax laws, upon registration and licensing of any titled vehicle or trailer, any buyer’s premium paid is considered to be part of the sales price. Sales tax will be charged by the State of North Dakota on the entire sales price (including buyer’s premium) for any vehicle registered in North Dakota. If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction. ND Sales Tax Terms for Canadian Customers Used Farm Equipment The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer. The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless: You complete an exemption certificate with a ND sales tax permit number The purchased goods are shipped by a 3^rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group. New Farm Equipment The sale, at auction, of new farm machinery to a Canadian farmer for agricultural use, or a Canadian farm equipment dealer (retailer) is taxable at the current state rate of 3% plus any local sales tax if applicable. The law also provides that Canadians may apply for a refund of the tax paid when meeting certain requirements. This form and conditions of use are available online at http://www.nd.gov/tax/salesand%20use/canrefund/. Agents for Sellers Steffes Group, Inc. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Auctions are with undisclosed reserves unless advertised otherwise as "Absolute." Auctioneers, at their discretion, may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold, and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Group and our Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. All items are sold As-Is-Where-Is unless specific factory or seller issued warranties are listed in the item description. Inspection You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not. Auction Close Timed-online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last 4 minutes. Timed-online auctions normally close at a rate of 3 lots every 2 minutes. Please note that some lots can be tied together and will be set to close simultaneously. This will be indicated in those lots by a paper clip symbol. Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied. Steffes Group reserves the right to close multiple lots per minute at its discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Group, its employees, and its sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare your item(s) for transport and/or shipping. This includes, but is not necessarily limited to, the cost of any rigging, dis-assembly, special loading requirements, transport, packaging, insurance, and all other costs related to physical transfer of your item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller. Buyer Default When using our online auction services you are making a firm commitment to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. Internet Risk You acknowledge that the internet may be an unreliable and error-prone network. Steffes Group will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Group, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any event that is simulcast as an Internet Auction. Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Group retains the right, at our sole discretion, to add, delete, or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Abandonment Policy Steffes Group provides this Abandonment Policy to inform you of our policies and procedures regarding any purchased item(s)/property that has not been removed by a buyer in a timely manner. Upon winning the bid for an item(s), after paying for item(s) purchased, a buyer is obligated to remove the item(s) from the auction site within a timely manner. Steffes Group may deem a buyer's failure to claim and remove equipment within 60 days following the close of an auction as evidence of buyer's intention to abandon the property. In these instances, the Company may take action that is adverse to buyer's interest in the property, including, but not limited to steps to dispose of the property. Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows: 1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include: Removing and disposing as the Company sees fit. Allowing seller to retain or scrap. Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee. 2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows: The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500. Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 20% administrative fee. If a buyer with the winning bid has not removed the purchased item(s) from selling location within 10 business days after the close of the auction, the buyer will be responsible for directly paying the seller any and all storage fees if levied by the seller. If levied by the seller, storage fees will be $25 per day beginning the 10th day after the close of the auction/winning bid.

Listing Terms and Conditions

Terms & Conditions

By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company.

Payment

When paying within the stated time and with our acceptable payment methods:

A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions.
A 2% buyer’s premium with a maximum charge of $500 per item applies to items purchased on Live Webcast Auctions.

You agree to make payment for all online purchases in U.S. funds within 2 business days of receipt of invoice by one of the acceptable forms of payment unless approval of financing arrangements is made with Steffes Group. To issue a check by fax, simply write a check as you normally would and fax a copy to us. All NSF checks will be charged a $30 fee. Checks by mail are not an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase. No items will be released until full payment clears our office.

Acceptable forms of payment:

Bank Wire Transfer; please call for wire instructions to be emailed to you.
Check delivered to our office that held the auction
Check By Phone

West Fargo, Sioux Falls, Grand Forks 701-237-9173

Litchfield 320-693-9371

Mt. Pleasant, Ames 319-385-2000

Check By Fax

West Fargo, Sioux Falls, Grand Forks 701-237-0976

Litchfield 320-693-9373

Mt. Pleasant, Ames 319-385-4709

Sales Tax

All appropriate state sales tax laws will apply per the location and type of seller of the piece of equipment.

Please note that Minnesota does not consider regularly-scheduled consignment auctions as "auctions" but rather "consignment auctions," requiring sales tax to be charged unless the buyer provides an exemption form for qualifying items.

For purchases in South Dakota you are not exempt from any sales tax unless a 3^rd party transports your items and you take possession outside of the State of South Dakota. In that case, the state laws where you take possession are effective. There are exceptions for dealers (retailers).

Click on the following for a tax exempt form: Minnesota Tax Link North Dakota Tax Link Iowa Tax Link

ND Dakota titled vehicles

Per North Dakota vehicle and sales tax laws, upon registration and licensing of any titled vehicle or trailer, any buyer’s premium paid is considered to be part of the sales price. Sales tax will be charged by the State of North Dakota on the entire sales price (including buyer’s premium) for any vehicle registered in North Dakota.

If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction.

ND Sales Tax Terms for Canadian Customers

Used Farm Equipment

The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer.

The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:

You complete an exemption certificate with a ND sales tax permit number
The purchased goods are shipped by a 3^rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group.

New Farm Equipment

The sale, at auction, of new farm machinery to a Canadian farmer for agricultural use, or a Canadian farm equipment dealer (retailer) is taxable at the current state rate of 3% plus any local sales tax if applicable. The law also provides that Canadians may apply for a refund of the tax paid when meeting certain requirements. This form and conditions of use are available online at http://www.nd.gov/tax/salesand%20use/canrefund/.

Agents for Sellers
Steffes Group, Inc. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Auctions are with undisclosed reserves unless advertised otherwise as "Absolute." Auctioneers, at their discretion, may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold, and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Group and our Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. All items are sold As-Is-Where-Is unless specific factory or seller issued warranties are listed in the item description.

Inspection

You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not.

Auction Close

Timed-online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last 4 minutes. Timed-online auctions normally close at a rate of 3 lots every 2 minutes.

Please note that some lots can be tied together and will be set to close simultaneously. This will be indicated in those lots by a paper clip symbol. Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied.

Steffes Group reserves the right to close multiple lots per minute at its discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Group, its employees, and its sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare your item(s) for transport and/or shipping. This includes, but is not necessarily limited to, the cost of any rigging, dis-assembly, special loading requirements, transport, packaging, insurance, and all other costs related to physical transfer of your item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller.

Buyer Default

When using our online auction services you are making a firm commitment to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.

Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations.

Internet Risk

You acknowledge that the internet may be an unreliable and error-prone network. Steffes Group will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Group, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any event that is simulcast as an Internet Auction.

Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Group retains the right, at our sole discretion, to add, delete, or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice.

Abandonment Policy

Steffes Group provides this Abandonment Policy to inform you of our policies and procedures regarding any purchased item(s)/property that has not been removed by a buyer in a timely manner. Upon winning the bid for an item(s), after paying for item(s) purchased, a buyer is obligated to remove the item(s) from the auction site within a timely manner.

Steffes Group may deem a buyer's failure to claim and remove equipment within 60 days following the close of an auction as evidence of buyer's intention to abandon the property. In these instances, the Company may take action that is adverse to buyer's interest in the property, including, but not limited to steps to dispose of the property.

Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows:

1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include:

Removing and disposing as the Company sees fit.
Allowing seller to retain or scrap.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee.

2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows:

The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 20% administrative fee.

If a buyer with the winning bid has not removed the purchased item(s) from selling location within 10 business days after the close of the auction, the buyer will be responsible for directly paying the seller any and all storage fees if levied by the seller. If levied by the seller, storage fees will be $25 per day beginning the 10th day after the close of the auction/winning bid.

Listing Information
Lee County Real Estate & Personal Property Auction Ft. Madison, Iowa Auction held at 1911 Arthur Drive. From Exit 27 of Highway 61, proceed north on 190^th Street, then east on Arthur Drive. Real Estate Sells at Noon! Please note we will be running two rings part of the day! Real Estate Sells at Noon, with the online portion of the auction starting at 12:30pm Open House on Thursday, July 11^th from 10AM-11AM Auctioneer’s Note: Steffes Group invites you to join us for this large estate auction where there will be something for every handyman, metal fabricator and car enthusiast. Plus you’ll have the opportunity to own your own home and property in the country! Bring a friend as we may be running 2 auction rings for a portion of the day. Lunch will be served on site. Online bidding will be available on the major items, such as vehicles, utility tractors, machine shop equipment and motorhomes. “Selling Choice with the Privilege” Tracts #1, 2 & 3 will be sold lump sum price and will be selling Choice with the Privilege. High bidder may take Tract #1, Tract #2 or Tract #3 or any combination of tracts, in any order, for their high bid. This will continue until all tracts are sold. Tracts will not be recombined. Tract #1 – Two Bedroom Home on .84 Acres M/L Take a look at this affordable home in a subdivision that makes you feel like you are in the country. This two bedroom ranch style home has 1,008 sq.ft. on the main level and was built in 1966. The main level offers a large front living room, eat in kitchen with refrigerator & gas stove, two bedrooms (one with hardwood floors) and a full bath. The basement has a living room, kitchen with refrigerator & stove, laundry room with washer & dryer, a non-conforming bedroom, office and full bath. Amenities of the home include a Trane high efficient gas forced air furnace with an outdoor wood stove supplement, central air, rural & well water, gas hot water heater, breaker box and natural gas. Garage space includes an attached single car garage and a 20’x32’ detached garage with a 12’x30’ & 15’x30’ lean to. All situated on .84 Acres M/L. Included: (2) Refrigerators, (2) Stoves, Washer, Dryer, Upright freezer Not Included: All personal property Real Estate Taxes – Tract #1 Gross $1,491.94 Hm. Cr. ($132.02) Net $1,360.00 (Rounded) Tract #2 – Two Buildings on .84 Acres M/L Need storage space? Then this tract has what you are looking for! This lot has two buildings, one with a 24’x42’ building with an attached 24’x24’ open faced addition. This building has a separate machinist/tool room with electric furnace & wall A/C unit, shop space with two overhead doors, loft storage and covered storage in the addition. The second building is a 30’x44’ open faced building with an enclosed garage space with sliding door. Amenities of this tract includes a rural water pit, a well and electricity. All situated on .84 Acres M/L. Included: Wall A/C unit Not Included: All personal property Real Estate Taxes – Tract #2 Gross/Net $144.00 Tract #3 – 8.5 Acres M/L This tract of land adjoins Tracts #1 & 2 and offers a potential building site and timber. Please note there is no direct access to this tract. Real Estate Taxes – Tract #3 Gross/Net $102.00 Terms on all tracts Terms: 10% down payment on July 25, 2019. Balance due at closing with a projected date of September 6, 2019, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of September 6, 2019. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years. Special Provisions: • This is a 5% buyer’s premium auction. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. • This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies. • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited. • The Seller shall not be obligated to furnish a survey. • Due to this being an estate, the seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11). Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with County & State laws & regulations. • The buyer shall be responsible for any fencing in accordance with Iowa state law. • If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer) • If in the future a site clean-up is required it shall be at the expense of the buyer. • The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate. • Steffes Group, Inc. is representing the Seller. • Any announcements made the day of sale take precedence over advertising. MOTORHOMES 2001 Newmar Dutchstar, 74,004 miles, 38’, class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, electric & gas water heater, stackable laundry, combination refrigerator, ice maker, gas stove, microwave, rear queen bed, (2) TV's, Michelin 275/80R22.5 fronts & rear duals, VIN 4VZBN23941C039432, 1995 Pace Arrow, motorhome, 40', V8 gas, automatic, rear tag axle, VIN 1GBLP37N5S3304975 COLLECTOR CARS 1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all parts able to be located, VIN RM23N0G159151 1971 Ford Roadster, shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, VIN IA14275 TRUCKS 2017 GMC Canyon SLT, 34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G1370752 1988 Ford F250, unknown miles, 4WD, V8, diesel, automatic, reg. cab, 8' bed, snow plow mounts, VIN 1FTHF26M4JKA16649 (DOES NOT RUN) 1982 Chevrolet Silverado 10, 87,926 miles, 2WD, 6.2 diesel, automatic, reg. cab, long bed, VIN 1GCDC14C6CJ134366 (DOES NOT RUN) 1969 Ford F350 V8 gas, 5x2, box truck, VIN F35HKE74586, (DOES NOT RUN) International Load Star grain truck (DOES NOT RUN) VEHICLES 1997 Oldsmobile Aurora, 84,076 miles, 4.0L V8, automatic, 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556 1998 Pontiac Bonneville SLE, 232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN) 1995 Chevrolet Celebrity, station wagon, VIN 1G1AW35T1F6252670 (DOES NOT RUN) 1985 Oldsmobile Tornado Z57, V8, gas, 2 door, VIN 1G3EZ57Y0FE341849 (DOES NOT RUN) 1982 Chevy Monte Carlo, 2 door, hard top, VIN 1G1AZ37N6CR161958 (DOES NOT RUN) 1979 Mercedes Benz 300D, 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187 1977 Chrysler Cordoba, 34,636 miles, 440 cu. inch, automatic, 2 door, (DOES NOT RUN) BACKHOE LOADER Ford Industrial, loader/backhoe, 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 fronts Hough crawler loader, gas Ford 8N tractor, parts only Portable 4 cyl. diesel air compressor (DOES NOT RUN) Kohler generator 3pt. post hole digger TRAILERS Tow Dolly, drive on ramps, fenders, lights 1978 Homemade trailer, 8’x12’, bumper hitch, tandem axle, VIN IA21326 Small boat trailer, single axle TRACTORS Kubota L275, 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657 MOTORCYCLES 1978 Kawasaki KZ1000 Z1-R, 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D-002287 Kawasaki CSR 650, 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495 Motorcycle hyd. lift stand Several motorcycles for parts LAWN MOWERS 2011 John Deere X744 Ultimate, 684 hrs., 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart w/ hyd. dump, S/N 1MOX744AKBM060281 John Deere 425, 1,881 hrs., 54" deck, 20 hp, liquid cooled engine, all wheel steer, hydro drive, power steering, power deck lift, front mounted 3000# electric winch, sells w/ John Deere power bagging system and John Deere MC519 cart w/ hyd. dump, S/N M00425B022471 John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X118476, (DOES NOT RUN) John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X163564, (DOES NOT RUN) John Deere 320, unknown hrs., 48" deck, liquid cooled engine, (DOES NOT RUN) Kubota HST G5200, 46" deck, diesel Case Ingersoll 448, 44" deck, Onan 2 cyl. gas, hydro drive John Deere MC 519 rear mounted bagger, (no top cover) MTD 5hp yard vacuum/power blower 25 gal., 12V sprayer on 4 wheel cart Honda push mower Lynxx 40V pole saw McCulloch 1000 chain saws Several gas engines MILL – LATHES 1994 Enco 100-1599 vertical mill, Enco Platinum Plus digital readout, S/N 9958 Enco 111-1445 metal lathe, 4’ bed, 220V, w/ 3 extra jaws Longem LG-2080DS metal lathe, 8’ bed, Enco Platinum Plus digital readout, Logan metal lathe Central Machinery 6” tool grinder on stand Enco 7” horizontal metal band saw Various machinist tooling, arbor press, drill bits & micrometers SHOP EQUIPMENT US General 8 drawer top box; US General 13 drawer rolling tool cabinet; Magna Force 5hp 60 gal vertical air compressor; Classic 60 gal. vertical air compressor; Honeywell horizontal air compressor, 7 ½ hp, 3ph.; Devilbis VP-5006 horizontal air compressor, 5hp, 220/440; Horizontal air compressor, 5hp, 220V, 1ph.; Miller DialArc 250 AC/DC welder w/ PowerKraft stabilizer; Lincoln SP-100 mig welder on cart; Lincoln 225 AC welder; Guardian Power 16 spd. drill press; PowrKraft drill press; Skat Blast bead blast cabinet; Central Pneumatic 40lb blast cabinet; Cummins 4 ½” metal bandsaw; Buffalo metal band saw; Belt/disc sander; NorthStar power washer, Honda 5hp; Hydrostar Drain Monster, 50’ power feed; Floor jacks; Jack stands; Shop Vac; Air tools; Large vice; Bench grinder & stand; Parts washer; Torch cart & tanks; Buffer/polisher on stand; Engine hoist w/ air over hyd. jack; Portable battery charger; Bolt rack; Assortment of tools, sockets, wrenches & vice grips; Badlands 1200# winch; Gardner-Denver HKI heavy duty winch on cart GUNS Remington Sportsman 58, shotgun, 20 ga., 2 ¾, duck & dog engraving, S/N 209909X; Savage Mark II Mach 2, 17 cal., bolt action, S/N 0457749; Winchester Model 94 30-30, lever action, S/N 2700774; Romanian M1969 .22LR, bolt action, S/N M6910622; Wiltshire Arms, shotgun FURNITURE Winners Only roll top desk; Victorian Style carved eagle couch with matching love seat & two chairs; Howard Miller grandfather clock; Couch; End tables; Dresser; Chest of drawers; Dining room table; 4 dr. file cabinet; Dehumidifier; Collection of American Flyer electric trains, tracks, controllers & Royal Beechcraft Staggering RC controlled aircraft kit; assortment of RC air planes and parts; Glassware; Spoon collection Owner: David Lowe Estate Connection Bank – Executor Gregory A. Johnson – Attorney for Estate For details contact auction manager, Terry Hoenig of Steffes Group, 319.385.2000 or by cell, 319.470.7120 1 2001 Newmar Dutchstar 74,004 miles, 38', class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, ... 2 Tow Dolly drive on ramps, fenders, lightsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio... 3 Small Boat Trailer single axle (Bill of Sale Only)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio... 4 1978 Homemade Trailer tandem axle, 8'x12', bumper hitch, VIN IA21326TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se... 5 Air Compressor diesel, pull behind, single axle, electric startTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by ... 6 Ford Industrial loader/backhoe 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 frontsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any ty... 7 Kubota L275 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657TERMS: As with any auction all items sell as-is with no guarantees o... 8 2011 John Deere X744 Ultimate, 684 hrs., riding mower, 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart ... 9 Ford 8N parts only TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed c... 10 Kawasaki Spectre 750 4,608 miles, (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction st... 11 Kawasaki CSR 650 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions,... 12 1978 Kawasaki KZ1000 Z1-R 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D002287TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos ... 13 Kawasaki motorcycle, 4,535 miles, VIN KE175D-007398 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or of... 14 Kawasaki 100 motorcycle, 3,064 miles, VIN G04085549 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offere... 15 Kawasaki 250 499 hrs., VIN F8-12292 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or ... 16 1970 Plymouth Road Runner 1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all pa... 17 1971 Ford Roadster shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, N50-15 rear tires, 15.5R15 front tires, VIN IA14275TERMS: As with any aucti... 18 2016 GMC Canyon SLT, 34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G13707... 19 1997 Oldsmobile Aurora 84,076 miles, 4.0L V8, automatic 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556T... 20 1979 Mercedes Benz 300D 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187TERMS: As with any auction all items sell as-is with no guarantees or warr... 21 1998 Pontiac Bonneville SLE, 232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranti... 22 Enco 111-1445 metal lathe, 4' bed, 220 volt, w/ 3 extra jawsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se... 23 1994 Enco 100-1599 vertical mill, Enco Platinum Plus digital readout, S/N 9958TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or ... 24 Longem LG-2080DS metal lathe, 8' bed, Enco Platinum Plus digital readoutTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offe... 25 Enco 7"' horizontal metal band sawTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction ... 26 Hough Crawler Loader gasTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct b...

Listing Information

Lee County Real Estate & Personal Property Auction

Ft. Madison, Iowa
Auction held at 1911 Arthur Drive. From Exit 27 of Highway 61, proceed north on 190^th Street, then east on Arthur Drive.

Real Estate Sells at Noon!

Please note we will be running two rings part of the day!
Real Estate Sells at Noon, with the online portion of the auction starting at 12:30pm

Open House on Thursday, July 11^th from 10AM-11AM

Auctioneer’s Note: Steffes Group invites you to join us for this large estate auction where there will be something for every handyman, metal fabricator and car enthusiast. Plus you’ll have the opportunity to own your own home and property in the country! Bring a friend as we may be running 2 auction rings for a portion of the day. Lunch will be served on site. Online bidding will be available on the major items, such as vehicles, utility tractors, machine shop equipment and motorhomes.

“Selling Choice with the Privilege”
Tracts #1, 2 & 3 will be sold lump sum price and will be selling Choice with the Privilege. High bidder may take Tract #1, Tract #2 or Tract #3 or any combination of tracts, in any order, for their high bid. This will continue until all tracts are sold. Tracts will not be recombined.

Tract #1 – Two Bedroom Home on .84 Acres M/L
Take a look at this affordable home in a subdivision that makes you feel like you are in the country. This two bedroom ranch style home has 1,008 sq.ft. on the main level and was built in 1966. The main level offers a large front living room, eat in kitchen with refrigerator & gas stove, two bedrooms (one with hardwood floors) and a full bath.

The basement has a living room, kitchen with refrigerator & stove, laundry room with washer & dryer, a non-conforming bedroom, office and full bath. Amenities of the home include a Trane high efficient gas forced air furnace with an outdoor wood stove supplement, central air, rural & well water, gas hot water heater, breaker box and natural gas.

Garage space includes an attached single car garage and a 20’x32’ detached garage with a 12’x30’ & 15’x30’ lean to. All situated on .84 Acres M/L.

Included: (2) Refrigerators, (2) Stoves, Washer, Dryer, Upright freezer
Not Included: All personal property

Real Estate Taxes – Tract #1
Gross                $1,491.94
Hm. Cr.              ($132.02)
Net                   $1,360.00 (Rounded)

Tract #2 – Two Buildings on .84 Acres M/L
Need storage space? Then this tract has what you are looking for! This lot has two buildings, one with a 24’x42’ building with an attached 24’x24’ open faced addition. This building has a separate machinist/tool room with electric furnace & wall A/C unit, shop space with two overhead doors, loft storage and covered storage in the addition. The second building is a 30’x44’ open faced building with an enclosed garage space with sliding door. Amenities of this tract includes a rural water pit, a well and electricity. All situated on .84 Acres M/L.

Included: Wall A/C unit
Not Included: All personal property
Real Estate Taxes – Tract #2
Gross/Net $144.00

Tract #3 – 8.5 Acres M/L
This tract of land adjoins Tracts #1 & 2 and offers a potential building site and timber. Please note there is no direct access to this tract.
Real Estate Taxes – Tract #3
Gross/Net $102.00

Terms on all tracts
Terms: 10% down payment on July 25, 2019. Balance due at closing with a projected date of September 6, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of September 6, 2019.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.

Special Provisions:

• This is a 5% buyer’s premium auction. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• The Seller shall not be obligated to furnish a survey.
• Due to this being an estate, the seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11). Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with County & State laws & regulations.
• The buyer shall be responsible for any fencing in accordance with Iowa state law.
• If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
• If in the future a site clean-up is required it shall be at the expense of the buyer.
• The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

MOTORHOMES

2001 Newmar Dutchstar, 74,004 miles, 38’, class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, electric & gas water heater, stackable laundry, combination refrigerator, ice maker, gas stove, microwave, rear queen bed, (2) TV's, Michelin 275/80R22.5 fronts & rear duals, VIN 4VZBN23941C039432,

1995 Pace Arrow, motorhome, 40', V8 gas, automatic, rear tag axle, VIN 1GBLP37N5S3304975

COLLECTOR CARS

1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all parts able to be located, VIN RM23N0G159151

1971 Ford Roadster, shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, VIN IA14275

TRUCKS

2017 GMC Canyon SLT, 34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G1370752

1988 Ford F250, unknown miles, 4WD, V8, diesel, automatic, reg. cab, 8' bed, snow plow mounts, VIN 1FTHF26M4JKA16649 (DOES NOT RUN)

1982 Chevrolet Silverado 10, 87,926 miles, 2WD, 6.2 diesel, automatic, reg. cab, long bed, VIN 1GCDC14C6CJ134366 (DOES NOT RUN)

1969 Ford F350 V8 gas, 5x2, box truck, VIN F35HKE74586, (DOES NOT RUN)

International Load Star grain truck (DOES NOT RUN)

VEHICLES
1997 Oldsmobile Aurora, 84,076 miles, 4.0L V8, automatic, 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556
1998 Pontiac Bonneville SLE, 232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN)

1995 Chevrolet Celebrity, station wagon, VIN 1G1AW35T1F6252670 (DOES NOT RUN)

1985 Oldsmobile Tornado Z57, V8, gas, 2 door, VIN 1G3EZ57Y0FE341849 (DOES NOT RUN)

1982 Chevy Monte Carlo, 2 door, hard top, VIN 1G1AZ37N6CR161958 (DOES NOT RUN)

1979 Mercedes Benz 300D, 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187

1977 Chrysler Cordoba, 34,636 miles, 440 cu. inch, automatic, 2 door, (DOES NOT RUN)

BACKHOE LOADER
Ford Industrial, loader/backhoe, 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 fronts
Hough crawler loader, gas

Ford 8N tractor, parts only

Portable 4 cyl. diesel air compressor (DOES NOT RUN)
Kohler generator
3pt. post hole digger

TRAILERS
Tow Dolly, drive on ramps, fenders, lights

1978 Homemade trailer, 8’x12’, bumper hitch, tandem axle, VIN IA21326

Small boat trailer, single axle

TRACTORS

Kubota L275, 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657

MOTORCYCLES

1978 Kawasaki KZ1000 Z1-R, 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D-002287

Kawasaki CSR 650, 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495

Motorcycle hyd. lift stand

Several motorcycles for parts

LAWN MOWERS

2011 John Deere X744 Ultimate, 684 hrs., 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart w/ hyd. dump, S/N 1MOX744AKBM060281

John Deere 425, 1,881 hrs., 54" deck, 20 hp, liquid cooled engine, all wheel steer, hydro drive, power steering, power deck lift, front mounted 3000# electric winch, sells w/ John Deere power bagging system and John Deere MC519 cart w/ hyd. dump, S/N M00425B022471

John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X118476, (DOES NOT RUN)

John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X163564, (DOES NOT RUN)
John Deere 320, unknown hrs., 48" deck, liquid cooled engine, (DOES NOT RUN)

Kubota HST G5200, 46" deck, diesel

Case Ingersoll 448, 44" deck, Onan 2 cyl. gas, hydro drive

John Deere MC 519 rear mounted bagger, (no top cover)

MTD 5hp yard vacuum/power blower
25 gal., 12V sprayer on 4 wheel cart
Honda push mower
Lynxx 40V pole saw
McCulloch 1000 chain saws

Several gas engines

MILL – LATHES

1994 Enco 100-1599 vertical mill, Enco Platinum Plus digital readout, S/N 9958
Enco 111-1445 metal lathe, 4’ bed, 220V, w/ 3 extra jaws
Longem LG-2080DS metal lathe, 8’ bed, Enco Platinum Plus digital readout,

Logan metal lathe
Central Machinery 6” tool grinder on stand
Enco 7” horizontal metal band saw

Various machinist tooling, arbor press, drill bits & micrometers

SHOP EQUIPMENT

US General 8 drawer top box; US General 13 drawer rolling tool cabinet; Magna Force 5hp 60 gal vertical air compressor; Classic 60 gal. vertical air compressor; Honeywell horizontal air compressor, 7 ½ hp, 3ph.; Devilbis VP-5006 horizontal air compressor, 5hp, 220/440; Horizontal air compressor, 5hp, 220V, 1ph.; Miller DialArc 250 AC/DC welder w/ PowerKraft stabilizer; Lincoln SP-100 mig welder on cart; Lincoln 225 AC welder; Guardian Power 16 spd. drill press; PowrKraft drill press; Skat Blast bead blast cabinet; Central Pneumatic 40lb blast cabinet; Cummins 4 ½” metal bandsaw; Buffalo metal band saw; Belt/disc sander; NorthStar power washer, Honda 5hp; Hydrostar Drain Monster, 50’ power feed; Floor jacks; Jack stands; Shop Vac; Air tools; Large vice; Bench grinder & stand; Parts washer; Torch cart & tanks; Buffer/polisher on stand; Engine hoist w/ air over hyd. jack; Portable battery charger; Bolt rack; Assortment of tools, sockets, wrenches & vice grips; Badlands 1200# winch; Gardner-Denver HKI heavy duty winch on cart

GUNS
Remington Sportsman 58, shotgun, 20 ga., 2 ¾, duck & dog engraving, S/N 209909X; Savage Mark II Mach 2, 17 cal., bolt action, S/N 0457749; Winchester Model 94 30-30, lever action, S/N 2700774; Romanian M1969 .22LR, bolt action, S/N M6910622; Wiltshire Arms, shotgun

FURNITURE
Winners Only roll top desk; Victorian Style carved eagle couch with matching love seat & two chairs; Howard Miller grandfather clock; Couch; End tables; Dresser; Chest of drawers; Dining room table; 4 dr. file cabinet; Dehumidifier; Collection of American Flyer electric trains, tracks, controllers & Royal Beechcraft Staggering RC controlled aircraft kit; assortment of RC air planes and parts; Glassware; Spoon collection

Owner: David Lowe Estate
Connection Bank – Executor
Gregory A. Johnson – Attorney for Estate

For details contact auction manager, Terry Hoenig

of Steffes Group, 319.385.2000 or by cell, 319.470.7120

2001 Newmar Dutchstar
74,004 miles, 38', class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, ...

Tow Dolly
drive on ramps, fenders, lightsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio...

Small Boat Trailer
single axle (Bill of Sale Only)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio...

1978 Homemade Trailer
tandem axle, 8'x12', bumper hitch, VIN IA21326TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se...

Air Compressor
diesel, pull behind, single axle, electric startTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by ...

Ford Industrial loader/backhoe
2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 frontsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any ty...

Kubota L275
4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657TERMS: As with any auction all items sell as-is with no guarantees o...

2011 John Deere X744 Ultimate,
684 hrs., riding mower, 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart ...

Ford 8N
parts only TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed c...

Kawasaki Spectre 750
4,608 miles, (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction st...

Kawasaki CSR 650
8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions,...

1978 Kawasaki KZ1000 Z1-R
7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D002287TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos ...

Kawasaki
motorcycle, 4,535 miles, VIN KE175D-007398 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or of...

Kawasaki 100
motorcycle, 3,064 miles, VIN G04085549 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offere...

Kawasaki 250
499 hrs., VIN F8-12292 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or ...

1970 Plymouth Road Runner
1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all pa...

1971 Ford Roadster
shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, N50-15 rear tires, 15.5R15 front tires, VIN IA14275TERMS: As with any aucti...

2016 GMC Canyon SLT,
34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G13707...

1997 Oldsmobile Aurora
84,076 miles, 4.0L V8, automatic 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556T...

1979 Mercedes Benz 300D
85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187TERMS: As with any auction all items sell as-is with no guarantees or warr...

1998 Pontiac Bonneville SLE,
232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranti...

Enco 111-1445
metal lathe, 4' bed, 220 volt, w/ 3 extra jawsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se...

1994 Enco 100-1599
vertical mill, Enco Platinum Plus digital readout, S/N 9958TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or ...

Longem LG-2080DS
metal lathe, 8' bed, Enco Platinum Plus digital readoutTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offe...

Enco
7"' horizontal metal band sawTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction ...

Hough Crawler Loader
gasTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct b...

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Lowe Estate - Lee County Iowa Real Estate & Personal Property Auction

Steffes Group

Contact:
Phone:

1911 Arthur Drive Ft. Madison
Fort Madison, IA 52627

Tuesday Jul 23, 2019 Completed
Thursday Jul 25, 2019 Completed

Terms & Conditions

When paying within the stated time and with our acceptable payment methods:

A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions.
A 2% buyer’s premium with a maximum charge of $500 per item applies to items purchased on Live Webcast Auctions.

Acceptable forms of payment:

Bank Wire Transfer; please call for wire instructions to be emailed to you.
Check delivered to our office that held the auction
Check By Phone

West Fargo, Sioux Falls, Grand Forks 701-237-9173

Litchfield 320-693-9371

Mt. Pleasant, Ames 319-385-2000

Check By Fax

West Fargo, Sioux Falls, Grand Forks 701-237-0976

Litchfield 320-693-9373

Mt. Pleasant, Ames 319-385-4709

Sales Tax

All appropriate state sales tax laws will apply per the location and type of seller of the piece of equipment.

Click on the following for a tax exempt form: Minnesota Tax Link North Dakota Tax Link Iowa Tax Link

ND Dakota titled vehicles

If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction.

ND Sales Tax Terms for Canadian Customers

Used Farm Equipment

The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer.

The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:

You complete an exemption certificate with a ND sales tax permit number
The purchased goods are shipped by a 3^rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group.

New Farm Equipment

Buyer Default

Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations.

Internet Risk

Abandonment Policy

Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows:

1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include:

Removing and disposing as the Company sees fit.
Allowing seller to retain or scrap.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee.

2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows:

The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 20% administrative fee.

Listing Details
Lee County Real Estate & Personal Property Auction Ft. Madison, Iowa Auction held at 1911 Arthur Drive. From Exit 27 of Highway 61, proceed north on 190^th Street, then east on Arthur Drive. Real Estate Sells at Noon! Please note we will be running two rings part of the day! Real Estate Sells at Noon, with the online portion of the auction starting at 12:30pm Open House on Thursday, July 11^th from 10AM-11AM Auctioneer’s Note: Steffes Group invites you to join us for this large estate auction where there will be something for every handyman, metal fabricator and car enthusiast. Plus you’ll have the opportunity to own your own home and property in the country! Bring a friend as we may be running 2 auction rings for a portion of the day. Lunch will be served on site. Online bidding will be available on the major items, such as vehicles, utility tractors, machine shop equipment and motorhomes. “Selling Choice with the Privilege” Tracts #1, 2 & 3 will be sold lump sum price and will be selling Choice with the Privilege. High bidder may take Tract #1, Tract #2 or Tract #3 or any combination of tracts, in any order, for their high bid. This will continue until all tracts are sold. Tracts will not be recombined. Tract #1 – Two Bedroom Home on .84 Acres M/L Take a look at this affordable home in a subdivision that makes you feel like you are in the country. This two bedroom ranch style home has 1,008 sq.ft. on the main level and was built in 1966. The main level offers a large front living room, eat in kitchen with refrigerator & gas stove, two bedrooms (one with hardwood floors) and a full bath. The basement has a living room, kitchen with refrigerator & stove, laundry room with washer & dryer, a non-conforming bedroom, office and full bath. Amenities of the home include a Trane high efficient gas forced air furnace with an outdoor wood stove supplement, central air, rural & well water, gas hot water heater, breaker box and natural gas. Garage space includes an attached single car garage and a 20’x32’ detached garage with a 12’x30’ & 15’x30’ lean to. All situated on .84 Acres M/L. Included: (2) Refrigerators, (2) Stoves, Washer, Dryer, Upright freezer Not Included: All personal property Real Estate Taxes – Tract #1 Gross $1,491.94 Hm. Cr. ($132.02) Net $1,360.00 (Rounded) Tract #2 – Two Buildings on .84 Acres M/L Need storage space? Then this tract has what you are looking for! This lot has two buildings, one with a 24’x42’ building with an attached 24’x24’ open faced addition. This building has a separate machinist/tool room with electric furnace & wall A/C unit, shop space with two overhead doors, loft storage and covered storage in the addition. The second building is a 30’x44’ open faced building with an enclosed garage space with sliding door. Amenities of this tract includes a rural water pit, a well and electricity. All situated on .84 Acres M/L. Included: Wall A/C unit Not Included: All personal property Real Estate Taxes – Tract #2 Gross/Net $144.00 Tract #3 – 8.5 Acres M/L This tract of land adjoins Tracts #1 & 2 and offers a potential building site and timber. Please note there is no direct access to this tract. Real Estate Taxes – Tract #3 Gross/Net $102.00 Terms on all tracts Terms: 10% down payment on July 25, 2019. Balance due at closing with a projected date of September 6, 2019, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of September 6, 2019. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years. Special Provisions: • This is a 5% buyer’s premium auction. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. • This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies. • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited. • The Seller shall not be obligated to furnish a survey. • Due to this being an estate, the seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11). Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with County & State laws & regulations. • The buyer shall be responsible for any fencing in accordance with Iowa state law. • If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer) • If in the future a site clean-up is required it shall be at the expense of the buyer. • The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate. • Steffes Group, Inc. is representing the Seller. • Any announcements made the day of sale take precedence over advertising. MOTORHOMES 2001 Newmar Dutchstar, 74,004 miles, 38’, class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, electric & gas water heater, stackable laundry, combination refrigerator, ice maker, gas stove, microwave, rear queen bed, (2) TV's, Michelin 275/80R22.5 fronts & rear duals, VIN 4VZBN23941C039432, 1995 Pace Arrow, motorhome, 40', V8 gas, automatic, rear tag axle, VIN 1GBLP37N5S3304975 COLLECTOR CARS 1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all parts able to be located, VIN RM23N0G159151 1971 Ford Roadster, shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, VIN IA14275 TRUCKS 2017 GMC Canyon SLT, 34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G1370752 1988 Ford F250, unknown miles, 4WD, V8, diesel, automatic, reg. cab, 8' bed, snow plow mounts, VIN 1FTHF26M4JKA16649 (DOES NOT RUN) 1982 Chevrolet Silverado 10, 87,926 miles, 2WD, 6.2 diesel, automatic, reg. cab, long bed, VIN 1GCDC14C6CJ134366 (DOES NOT RUN) 1969 Ford F350 V8 gas, 5x2, box truck, VIN F35HKE74586, (DOES NOT RUN) International Load Star grain truck (DOES NOT RUN) VEHICLES 1997 Oldsmobile Aurora, 84,076 miles, 4.0L V8, automatic, 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556 1998 Pontiac Bonneville SLE, 232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN) 1995 Chevrolet Celebrity, station wagon, VIN 1G1AW35T1F6252670 (DOES NOT RUN) 1985 Oldsmobile Tornado Z57, V8, gas, 2 door, VIN 1G3EZ57Y0FE341849 (DOES NOT RUN) 1982 Chevy Monte Carlo, 2 door, hard top, VIN 1G1AZ37N6CR161958 (DOES NOT RUN) 1979 Mercedes Benz 300D, 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187 1977 Chrysler Cordoba, 34,636 miles, 440 cu. inch, automatic, 2 door, (DOES NOT RUN) BACKHOE LOADER Ford Industrial, loader/backhoe, 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 fronts Hough crawler loader, gas Ford 8N tractor, parts only Portable 4 cyl. diesel air compressor (DOES NOT RUN) Kohler generator 3pt. post hole digger TRAILERS Tow Dolly, drive on ramps, fenders, lights 1978 Homemade trailer, 8’x12’, bumper hitch, tandem axle, VIN IA21326 Small boat trailer, single axle TRACTORS Kubota L275, 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657 MOTORCYCLES 1978 Kawasaki KZ1000 Z1-R, 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D-002287 Kawasaki CSR 650, 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495 Motorcycle hyd. lift stand Several motorcycles for parts LAWN MOWERS 2011 John Deere X744 Ultimate, 684 hrs., 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart w/ hyd. dump, S/N 1MOX744AKBM060281 John Deere 425, 1,881 hrs., 54" deck, 20 hp, liquid cooled engine, all wheel steer, hydro drive, power steering, power deck lift, front mounted 3000# electric winch, sells w/ John Deere power bagging system and John Deere MC519 cart w/ hyd. dump, S/N M00425B022471 John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X118476, (DOES NOT RUN) John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X163564, (DOES NOT RUN) John Deere 320, unknown hrs., 48" deck, liquid cooled engine, (DOES NOT RUN) Kubota HST G5200, 46" deck, diesel Case Ingersoll 448, 44" deck, Onan 2 cyl. gas, hydro drive John Deere MC 519 rear mounted bagger, (no top cover) MTD 5hp yard vacuum/power blower 25 gal., 12V sprayer on 4 wheel cart Honda push mower Lynxx 40V pole saw McCulloch 1000 chain saws Several gas engines MILL – LATHES 1994 Enco 100-1599 vertical mill, Enco Platinum Plus digital readout, S/N 9958 Enco 111-1445 metal lathe, 4’ bed, 220V, w/ 3 extra jaws Longem LG-2080DS metal lathe, 8’ bed, Enco Platinum Plus digital readout, Logan metal lathe Central Machinery 6” tool grinder on stand Enco 7” horizontal metal band saw Various machinist tooling, arbor press, drill bits & micrometers SHOP EQUIPMENT US General 8 drawer top box; US General 13 drawer rolling tool cabinet; Magna Force 5hp 60 gal vertical air compressor; Classic 60 gal. vertical air compressor; Honeywell horizontal air compressor, 7 ½ hp, 3ph.; Devilbis VP-5006 horizontal air compressor, 5hp, 220/440; Horizontal air compressor, 5hp, 220V, 1ph.; Miller DialArc 250 AC/DC welder w/ PowerKraft stabilizer; Lincoln SP-100 mig welder on cart; Lincoln 225 AC welder; Guardian Power 16 spd. drill press; PowrKraft drill press; Skat Blast bead blast cabinet; Central Pneumatic 40lb blast cabinet; Cummins 4 ½” metal bandsaw; Buffalo metal band saw; Belt/disc sander; NorthStar power washer, Honda 5hp; Hydrostar Drain Monster, 50’ power feed; Floor jacks; Jack stands; Shop Vac; Air tools; Large vice; Bench grinder & stand; Parts washer; Torch cart & tanks; Buffer/polisher on stand; Engine hoist w/ air over hyd. jack; Portable battery charger; Bolt rack; Assortment of tools, sockets, wrenches & vice grips; Badlands 1200# winch; Gardner-Denver HKI heavy duty winch on cart GUNS Remington Sportsman 58, shotgun, 20 ga., 2 ¾, duck & dog engraving, S/N 209909X; Savage Mark II Mach 2, 17 cal., bolt action, S/N 0457749; Winchester Model 94 30-30, lever action, S/N 2700774; Romanian M1969 .22LR, bolt action, S/N M6910622; Wiltshire Arms, shotgun FURNITURE Winners Only roll top desk; Victorian Style carved eagle couch with matching love seat & two chairs; Howard Miller grandfather clock; Couch; End tables; Dresser; Chest of drawers; Dining room table; 4 dr. file cabinet; Dehumidifier; Collection of American Flyer electric trains, tracks, controllers & Royal Beechcraft Staggering RC controlled aircraft kit; assortment of RC air planes and parts; Glassware; Spoon collection Owner: David Lowe Estate Connection Bank – Executor Gregory A. Johnson – Attorney for Estate For details contact auction manager, Terry Hoenig of Steffes Group, 319.385.2000 or by cell, 319.470.7120 1 2001 Newmar Dutchstar 74,004 miles, 38', class A motorhome, diesel pusher, push button automatic, air brakes, power levelers, (2) slides w/ awnings, power steps, (3) awnings, Onan 7500 watt diesel generator, heat, a/c, ... 2 Tow Dolly drive on ramps, fenders, lightsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio... 3 Small Boat Trailer single axle (Bill of Sale Only)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auctio... 4 1978 Homemade Trailer tandem axle, 8'x12', bumper hitch, VIN IA21326TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se... 5 Air Compressor diesel, pull behind, single axle, electric startTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by ... 6 Ford Industrial loader/backhoe 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 frontsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any ty... 7 Kubota L275 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657TERMS: As with any auction all items sell as-is with no guarantees o... 8 2011 John Deere X744 Ultimate, 684 hrs., riding mower, 62" deck, diesel, 4 wheel steer, diff. lock, power steering, power deck lift, front mount electric 2500# winch, sells with John Deere power bagger and John Deere MC519 cart ... 9 Ford 8N parts only TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed c... 10 Kawasaki Spectre 750 4,608 miles, (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction st... 11 Kawasaki CSR 650 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions,... 12 1978 Kawasaki KZ1000 Z1-R 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D002287TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos ... 13 Kawasaki motorcycle, 4,535 miles, VIN KE175D-007398 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or of... 14 Kawasaki 100 motorcycle, 3,064 miles, VIN G04085549 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offere... 15 Kawasaki 250 499 hrs., VIN F8-12292 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or ... 16 1970 Plymouth Road Runner 1970 Plymouth Road Runner, 383 ci. V8, originally a 4 speed car, 2 door coupe, hard top, new paint and decals, air induction hood, this car is in the process of being restored and sells with all pa... 17 1971 Ford Roadster shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, N50-15 rear tires, 15.5R15 front tires, VIN IA14275TERMS: As with any aucti... 18 2016 GMC Canyon SLT, 34,721 miles, 4WD, V6, automatic, ext. cab, leather, heated seats, remote start, power windows, power locks, backup camera, touch screen radio, 265/60R18 tires, aluminum wheels, VIN 1GTH6DE39G13707... 19 1997 Oldsmobile Aurora 84,076 miles, 4.0L V8, automatic 4 door, leather interior, heated seats, sun roof, power seats, power windows, power locks, AM/FM/Cassette/CD, keyless entry, 235/60R16 tires, VIN 1G3GR62C8V4104556T... 20 1979 Mercedes Benz 300D 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187TERMS: As with any auction all items sell as-is with no guarantees or warr... 21 1998 Pontiac Bonneville SLE, 232,758 miles, 3800 V6, automatic, 4 door sedan, 225/60R16 tires, aluminum wheels, VIN 1G2HX52K8WH227168 (DOES NOT RUN)TERMS: As with any auction all items sell as-is with no guarantees or warranti... 22 Enco 111-1445 metal lathe, 4' bed, 220 volt, w/ 3 extra jawsTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by se... 23 1994 Enco 100-1599 vertical mill, Enco Platinum Plus digital readout, S/N 9958TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or ... 24 Longem LG-2080DS metal lathe, 8' bed, Enco Platinum Plus digital readoutTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offe... 25 Enco 7"' horizontal metal band sawTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction ... 26 Hough Crawler Loader gasTERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct b...

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Lowe Estate - Lee County Iowa Real Estate & Personal Property Auction

Live Auction w/Online Bidding

VIEW ONLINE CATALOG

View Gallery (26)

Auction Date(s)

Tuesday Jul 23, 2019 Completed
Thursday Jul 25, 2019 Completed

Auction Location

Fort Madison, IA 52627

View Map

Company

Steffes Group

Website: www.steffesgroup.com

Listing Terms and Conditions

Terms & Conditions

When paying within the stated time and with our acceptable payment methods:

A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions.
A 2% buyer’s premium with a maximum charge of $500 per item applies to items purchased on Live Webcast Auctions.

Acceptable forms of payment:

Bank Wire Transfer; please call for wire instructions to be emailed to you.
Check delivered to our office that held the auction
Check By Phone

West Fargo, Sioux Falls, Grand Forks 701-237-9173

Litchfield 320-693-9371

Mt. Pleasant, Ames 319-385-2000

Check By Fax

West Fargo, Sioux Falls, Grand Forks 701-237-0976

Litchfield 320-693-9373

Mt. Pleasant, Ames 319-385-4709

Sales Tax

All appropriate state sales tax laws will apply per the location and type of seller of the piece of equipment.

Click on the following for a tax exempt form: Minnesota Tax Link North Dakota Tax Link Iowa Tax Link

ND Dakota titled vehicles

If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction.

ND Sales Tax Terms for Canadian Customers

Used Farm Equipment

The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer.

The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:

You complete an exemption certificate with a ND sales tax permit number
The purchased goods are shipped by a 3^rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group.

New Farm Equipment

Buyer Default

Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations.

Internet Risk

Abandonment Policy

Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows:

1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include:

Removing and disposing as the Company sees fit.
Allowing seller to retain or scrap.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee.

2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows:

The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500.
Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 20% administrative fee.

Lee County Real Estate & Personal Property Auction

Ft. Madison, Iowa
Auction held at 1911 Arthur Drive. From Exit 27 of Highway 61, proceed north on 190^th Street, then east on Arthur Drive.

Real Estate Sells at Noon!

Please note we will be running two rings part of the day!
Real Estate Sells at Noon, with the online portion of the auction starting at 12:30pm

Open House on Thursday, July 11^th from 10AM-11AM

Real Estate Taxes – Tract #1
Gross                $1,491.94
Hm. Cr.              ($132.02)
Net                   $1,360.00 (Rounded)

Included: Wall A/C unit
Not Included: All personal property
Real Estate Taxes – Tract #2
Gross/Net $144.00

Special Provisions:

MOTORHOMES

1995 Pace Arrow, motorhome, 40', V8 gas, automatic, rear tag axle, VIN 1GBLP37N5S3304975

COLLECTOR CARS

1971 Ford Roadster, shows 7,182 miles, 302 ci V8, automatic, twin 4 barrel carburetors, open headers, N50-15 rear tires, 15.5R15 front tires, VIN IA14275

TRUCKS

1988 Ford F250, unknown miles, 4WD, V8, diesel, automatic, reg. cab, 8' bed, snow plow mounts, VIN 1FTHF26M4JKA16649 (DOES NOT RUN)

1982 Chevrolet Silverado 10, 87,926 miles, 2WD, 6.2 diesel, automatic, reg. cab, long bed, VIN 1GCDC14C6CJ134366 (DOES NOT RUN)

1969 Ford F350 V8 gas, 5x2, box truck, VIN F35HKE74586, (DOES NOT RUN)

International Load Star grain truck (DOES NOT RUN)

1995 Chevrolet Celebrity, station wagon, VIN 1G1AW35T1F6252670 (DOES NOT RUN)

1985 Oldsmobile Tornado Z57, V8, gas, 2 door, VIN 1G3EZ57Y0FE341849 (DOES NOT RUN)

1982 Chevy Monte Carlo, 2 door, hard top, VIN 1G1AZ37N6CR161958 (DOES NOT RUN)

1979 Mercedes Benz 300D, 85,927 miles, 183 cu. inch diesel, 4 door sedan, automatic, power windows, power locks, 205/75R14 tires, VIN 12313012138187

1977 Chrysler Cordoba, 34,636 miles, 440 cu. inch, automatic, 2 door, (DOES NOT RUN)

BACKHOE LOADER
Ford Industrial, loader/backhoe, 2WD, diesel, 6 1/2' front loader bucket, 24" rear digging bucket, outriggers, 18.4-28 rears, 14-17.5 fronts
Hough crawler loader, gas

Ford 8N tractor, parts only

Portable 4 cyl. diesel air compressor (DOES NOT RUN)
Kohler generator
3pt. post hole digger

TRAILERS
Tow Dolly, drive on ramps, fenders, lights

1978 Homemade trailer, 8’x12’, bumper hitch, tandem axle, VIN IA21326

Small boat trailer, single axle

TRACTORS

Kubota L275, 4x4, diesel, 8 speed, 3 pt., 540 PTO, 5' blade, front 4 way mount, Turf tires, 13.6-16 rears, 27x8.50-15 fronts, S/N L275DT-50657

MOTORCYCLES

1978 Kawasaki KZ1000 Z1-R, 7,995 miles, motorcycle DOHC, front faring, lights, turn signals, VIN KZT00D-002287

Kawasaki CSR 650, 8,742 miles, motorcycle, windjammer faring, electric start, stereo, VIN JKAKZEH128BA010495

Motorcycle hyd. lift stand

Several motorcycles for parts

LAWN MOWERS

John Deere LX188, no hr. meter, 48" deck, 17hp, liquid cooled Kawasaki, hydro drive, S/N MOL188X118476, (DOES NOT RUN)

Kubota HST G5200, 46" deck, diesel

Case Ingersoll 448, 44" deck, Onan 2 cyl. gas, hydro drive

John Deere MC 519 rear mounted bagger, (no top cover)

MTD 5hp yard vacuum/power blower
25 gal., 12V sprayer on 4 wheel cart
Honda push mower
Lynxx 40V pole saw
McCulloch 1000 chain saws

Several gas engines

MILL – LATHES

Logan metal lathe
Central Machinery 6” tool grinder on stand
Enco 7” horizontal metal band saw

Various machinist tooling, arbor press, drill bits & micrometers

SHOP EQUIPMENT

Owner: David Lowe Estate
Connection Bank – Executor
Gregory A. Johnson – Attorney for Estate

For details contact auction manager, Terry Hoenig

of Steffes Group, 319.385.2000 or by cell, 319.470.7120

Lowe Estate - Lee County Iowa Real Estate & Personal Property Auction Listing ID#: 139101

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Lowe Estate - Lee County Iowa Real Estate & Personal Property Auction
Listing ID#: 139101