Farmington, Iowa
REAL ESTATE &
PERSONAL PROPERTY AUCTION
3-4 BEDROOM HOME W/GARAGE and
PERSONAL PROPERTY
101 STATE ST., FARMINGTON, IOWA
AUCTION ENDS: WEDNESDAY, NOVEMBER 6TH AT 10:00 A.M.
This is a Timed, Online Only Auction Event with a Soft Close! Click the above tab for catalog, terms and registration!!
OPEN HOUSE/INSPECTION: WEDNESDAY, OCTOBER 23RD FROM 4:30 – 6:00 PM
General Information: This 2-story, 3–4-bedroom home is situated on a large corner lot with a garage and a lovely view of the Des Moines River. With over 1,600 sq. ft. of finished living space, the main floor includes an eat-in kitchen, dining and living rooms, and a formal sitting room, along with a bedroom, laundry, and bathroom. Upstairs, you’ll find 2 additional bedrooms, a great closet/storage space, and a plumbed bathroom with a classic cast iron tub. The house features spacious rooms with high ceilings, original woodwork, pocket doors, and an ornate staircase that adds character. Additional highlights include a full basement with a tool/workshop area and a large concrete front porch, perfect for relaxation while enjoying the river views. While the home is basic and could use some updating, it presents plenty of potential in a charming setting.
Auctioneer’s Note: This property is an ideal opportunity for first-time homebuyers or those seeking a winter project flip house! We strongly encourage all interested parties to attend the open house. Please note that the auction will be held online only, allowing bidders to conveniently participate from anywhere using their electronic devices. Don’t miss out on this chance to invest in a home with great potential! For additional information or to schedule a private showing, please contact Realtor/Sales Representative May Story at 641-919-8098.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before December 6, 2024. 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 or any other contingencies. Sale is subject to Seller’s confirmation.
Reservations: Refrigerator, elec. stove, washer/dryer, freezer, window AC units and all other personal property.
Inclusions: Window coverings, built in shelves & workbenches and any remaining personal property at the time of closing.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before December 6, 2024. 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 Buyers Premium!
***ALSO SELLING PERSONAL PROPERTY (Begins closing at 11:00 A.M.) ***
Highlights Include:
Pickup/Removal of Personal Property: Friday, November 8th from 3:00PM – 6:00PM. Buyer’s Premium of 15% will be added to all personal property purchases! All personal property sells “as is, where is”. All items must be removed during the designated pickup time – NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!!
DONNA M. HAMBERG – SELLER
Laura M. Krehbiel – Attorney for Seller
OPEN HOUSE: WED., OCT. 23RD FROM 4:30-6PM
Pickup/Removal of Personal Property: Friday, November 8th from 3:00PM – 6:00PM. Buyer’s Premium of 15% will be added to all personal property purchases! All personal property sells “as is, where is”. All items must be removed during the designated pickup time – NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!!
COREY FRAISE 319-470-0115
MAY STORY 641-919-8098