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Blackhawk Lake Development, Inc. Real Estate Auction

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Real Estate Auction of Residential Lake Lots, Acreage w/lake access. and bare farmland.

LIVE ON-SITE AUCTION
Began: 04/17/04 at 10:00 AM UTC

Sale #1: 6 acre acreage w/buildings & lake access:

General Description: This acreage includes an older 1½ framed house; a detached garage; a nice metal/pole building which is approximately 74’x100′ in size; 2 Harvestore silos and a concrete silo; an older machine shed; and a former hog confinement building (no longer in use); along with other misc. farm type outbuildings. This property includes 6.03 gross acres and is located along a hard surfaced road (M54) just south of Blackhawk lake. The buyer of this property will become a member of the Homeowner Association (described w/residential lot information) which will provide lake access for this property. This is a rare opportunity to acquire a rural property, close to the lake w/lake access!!!

Sale #2: Lake Front Residential Lot

A very well located lot (2 platted lots sold as one parcel) on Blackhawk Lake in Lake View, Iowa. This offering affords an excellent opportunity to acquire a choice residential building lot w/lake frontage. This property is located toward the north end of Blackhawk Lake Development Subdivision No. 1 (lake side). Buyer will be responsible for applying for a personal dock permit, if so desired.

Sale #3: 20 Residential Lots located accross road from Lake w/lake access.

General Description: Each lot is approximately 90’+/- wide X 167′ deep. (Lots 1 & 2 are 120′ wide X 160′ deep). There are building convenants that apply to these properties – copies available from Auction Company.

Lake Access: Each buyer will become a member of the Blackhawk Lake Development Inc. Subdivision No. 2 Homeowner Association, which owns a large lake lot (Lots 1 & 2 – Subdivision No.1). This Homeowner Association’s lot provide lake access to all of the 20 residential lots and the acreage as well. A commercial dock permit has been issued large enough for 21 boat hoists.

Sale #4: 52.61 acres of bare farmland.

General Description: This parcel is basically all tillable and contains 52.61 surveyed acres. This is a highly productive parcel of Sac County, Iowa farmland. Sac County FSA office indicates a corn base of 17.3 acres w/yield index of 99; a soybean base of 16.3 yield index of 28; and an oat base of 1.2.

Terms:

Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance on or before May 15, 2004. Seller will provide an Abstract of Title to each property and a deed of usual warranty. Real Estate taxes will be pro-rated to date of possession. Possession given upon closing. Any announcements made day of sale will supersede any advertising.

See ‘Additional Information – Additional Descriptive Information’ for location plat and copies of survey plats for the following desribed properties.

This Auction affords an excellent opportunity to acquire a residential building lot located on Blackhawk Lake; residential building lots located accross the road from the lake w/ lake access; a well located acreage w/set of buildings w/lake access; and/or approx. 52 acres of good quality Sac County, Iowa farmland.

Take a drive to Blackhawk Lake, Lake View, Iowa and see the exciting potential these properties offer!!

BLACKHAWK LAKE DEVELOPMENT, INC., Owner

Check back for more information or contact:

  • Mike Green, Green Real Estate & Auction Company, Sac City, IA., 712-662-7317
  • Steve Kettering, Kettering Real Estate & Insurance, Lake View, IA, 712-657-8567
  • Paul Alesch, Blackhawk Lake Development, Inc., Lake View, IA, 712-657-2596
  • Colin McCullough, McCullough Law Firm, Sac City, IA, Attorney for Sellers, 712-662-4751

Green Real Estate & Auction Co.

http://greenrealestate-auction.com

420 Main Street Sac City, IA 50583

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