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LEE COUNTY, IOWA LAND AUCTION RHONDA J. GILBERT & WENDELL D. LANCE
45.93 ACRES± • SELLING IN 1 TRACT TUESDAY, SEPTEMBER 15, 2026 - 10:00 AM CT
LOCATION & GENERAL INFORMATION
Physical Address: 2475 372nd St. Keokuk, IA 52632 The Gilbert/Lance property is located in Section 21, Jackson Township, Lee County, IA, 1 mile west of Keokuk, IA. From the U.S. Hwy. 61 bypass on the west edge of Keokuk, IA take Johnson St. Rd west a ½ mile to Varner Lane, turn left or north and go a ½ mile to 372nd St. Turn right or west and proceed a ¼ mile to the property. (Please Note: 372nd St. is an owned access to this property). Mark your calendars now for this upcoming Lee County, IA Real Estate Auction. This awesome property offers a well-built 3-bedroom brick ranch style home that includes 1,800 sq. ft. of living area. Other features of the home include 2½ baths, a nearly 100% finished walkout basement and an attached 2 car garage. Attributes to the home include 2 non-conforming bedrooms, family room/rec room in the basement and GeoThermal heating & cooling. The balance of the property offers excellent hunting / recreational opportunities with its open grass areas, heavily wooded timber and there is nice single car detached garage. We urge you to check out one of the most highly sought after properties that will be offered at auction in the Tri-State area in 2026.
Open House: MONDAY, AUGUST 31 ST 4:00 PM - 5:30 PM
Representing Attorney: Elaine Fehseke Gray | Fehseke & Gray Law Office | 1023 Ave G, Fort Madison, IA 52627 | (319) 372-7181 DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM AUCTION MANAGER: JIM HUFF (319) 931-9292
LIVE ONLINE AUCTION | SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566
FIRST CLASS U.S. POSTAGE PAID
QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
METHOD & TERMS
The Gilbert/Lance property will be sold in one individual tract for a lump sum total dollar amount. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or about October 15, 2026, upon delivery of a merchantable Abstract and Deed. The Real Estate Taxes will be prorated to the date of closing. Full possession will be given at the time of closing. Subject to the Iowa Septic System Law the septic system required testing, which has been completed and the system passed inspection. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.
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