Two DES MOINES COUNTY REAL ESTATE AUCTIONS

BURLINGTON, IOWA
Auction held onsite at 1805 & 1823 South 13^th Street, Burlington, Iowa

THURSDAY, FEBRUARY 9, 2017 AT 4:00 PM

Open House on Thursday, January 26^th from 4-5 pm.

Auctioneer’s Note: This auction presents an opportunity to buy one or two homes, both located side by side and both needing updating.

Home #1 – 3 Bedroom Ranch Style Home with 22’x24’ Detached Garage
Home is located at 1805 South 13^th Street, Burlington, IA.

This home was built in 1956 with 1,224 sq.ft. of living space on the main level.  The main level has a living room, large eat in kitchen with refrigerator & oven, three bedrooms and a bathroom.

The full basement has a family room and a utility area with washer, dryer, (2) refrigerators & deep freeze.  The home has hot water heat, gas hot water heater & a fuse box.

All situated on a 80’x117’ lot with a fenced in backyard with garden shed and a 22’x24’ detached garage with alley access. 

Included: Refrigerator, Oven, Washer, Dryer, (2) Refrigerators, Deep Freeze, Garden Shed.

Real Estate Taxes on Home #1
Gross/Net Taxes: $1,782.00

Assessed Value: $78,300

Home #2 – 2 Bedroom Home
Home is located at 1823 South 13^th Street, Burlington, IA.

This home was built in 1940 with 835 sq.ft. of living space on the main level.  The main level has a kitchen, living room with carpet, dining room with carpet, two bedrooms with hardwood floors, bathroom and a walk up attic.

The basement has a converted coal to gas furnace, gas hot water heater, washer/dryer hookups and a 100 amp breaker box.  The home is situated on a 40’x117’ lot with alley access.

Real Estate Taxes on Home #2
Gross/Net Taxes: $922.00

Assessed Value: $40,500
 

TERMS ON HOME #1 & HOME #2

TERMS: 20% down payment on February 9, 2017.  Balance due at closing with a projected date of March 27, 2017, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of March 27, 2017.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

SPECIAL PROVISIONS:
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.

~ This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.

~ If in the future a site clean-up is required it shall be at the expense of the buyer.

~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

~ Any announcements made the day of sale take precedence over advertising.

Owner: Robert Thele Estate
Farmers & Merchants Bank & Trust – Executor
Kelli S. Johnson – Trust Officer
David A. Beckman  – Attorney for Estate

For information contact Nate Larson of Steffes Group, 319.385.2000 or 319.931.3944 (cell)