BURLINGTON, IA REAL ESTATE AUCTION
Begins:
Wednesday, Jan. 15th 2025 at 12:00 AM
Ends:
Tuesday, Feb. 18th 2025 at 1:00 PM
Burlington, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
BIDDING ENDS TUESDAY, FEBRUARY 18TH, 2025 at 1:00 P.M.
117 S 8TH Street, Burlington, Iowa
Open House/ Inspection: Tuesday, February 4th from 4 – 5 P.M.
General Description: Up for auction is a charming brick ranch-style home offering 1,344 sq. ft. of comfortable living space. This cozy property features 3 spacious bedrooms, 1 bath, and a large living room complete with a fireplace. Hardwood floors run throughout the home, and ample storage closets are thoughtfully placed for convenience. The huge full basement, also with a fireplace, provides additional potential living area, hobby room/workshop or storage space. An attached 1-car garage adds to the home’s practicality. With solid bones and the opportunity for updates, this home is perfect for buyers looking to put their own stamp on the property. Don’t miss out on this fantastic real estate opportunity!
Auctioneer’s Note This property is ideal for first-time home buyers, those looking to downsize, or as an investment opportunity. While the home could benefit from some updating it offers great potential. We strongly encourage all interested parties to attend the open house or schedule a private showing. This auction will be conducted online only, allowing bidders to participate conveniently from anywhere using an electronic device.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before March 18, 2025. The seller will provide a current abstract at their expense. Real estate sells “as is, where is”. Sale is not contingent on Buyer’s financing, an appraisal, inspections or any other contingencies and Buyer accepts any remaining personal property at closing. Real estate sells to the highest bidder, regardless of price.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before March 18, 2025. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Inclusions: Buyer accepts any remaining personal property at closing.
Possession: At closing upon payment in full.
NO REAL ESTATE BUYERS PREMIUM!
Registration: Visit www.fraiseauction.com to register and bid today!
JOYCE JOAN BAKER CONSERVATORSHIP – SELLER
Kelli Johnson, CFP Trust Officer/Vice President of Farmers & Merchants Bank – Conservator
OPEN HOUSE: TUESDAY, FEBRUARY 4TH FROM 4-5PM
NA
Corey Fraise 319-371-5638