Burlington, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
AUCTION ENDS WEDNESDAY, MARCH 12TH, 2025 at 1:00 P.M.
1632 S 14TH Street, Burlington, Iowa
Open House/ Inspection: Wednesday, March 5th from 5 – 6 P.M.
General Description: Selling at absolute auction, regardless of price, this 1.5-story, 3-bedroom, 1-bath home offers potential for the right buyer. The main floor includes an eat-in kitchen, laundry area, full bath, a bedroom, and a large living room, while the upstairs features two additional bedrooms. The majority of windows are vinyl replacements, and the home is equipped with a gas forced-air furnace and central AC. Situated on a huge corner lot, the property includes a fenced yard, a swing set, and a large detached 2-car garage. While the home could use some interior updating, it presents a great opportunity for buyers looking for a project with possibilities.
Auctioneer’s Note: Great first-time home buyers or investment property. We strongly encourage all interested parties to attend the open house or schedule a private showing. This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before April 12, 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 Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before April 12, 2025. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: At closing upon payment in full.
NO REAL ESTATE BUYER’S PREMIUM!
Registration: Visit www.fraiseauction.com to register and bid today!
DAVID D. NUEBEL – SELLER
Kyle Massner of Cray Law Firm – Attorney for Seller
1632 S 14TH Street, Burlington, Iowa
Open House/ Inspection: Wednesday, March 5th from 5 – 6 P.M.
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COREY FRAISE 319-470-0115