Iowa City, Iowa Real Estate Auction

TIMED ONLINE

IOWA CITY, IOWA
Located at 2649 Hickory Trail, Iowa City, IA  52245

Bidding Opens: Monday, December 7 
Bidding Closes:Monday, December 14^th, 2020 at 4PM

Open House on Monday, November 30^th from 4-5PM

FOUR BEDROOM HOME

Take a look at this home in a desirable neighborhood.  This home was built in 1985 with 2,652 total sq.ft. of living space.

Main Level:

• Atrium entryway
• Living room with French doors to the 9’x16’ sunroom
• Kitchen with refrigerator, stove & dishwasher
• Dining area adjacent to the kitchen
• Main bedroom with ensuite bathroom & jetted tub
• Two additional bedrooms
• Bathroom
• Laundry room with washer & dryer

Walkout Lower Level:

• Family room with sliding glass door
• Bedroom with sliding glass door
• Bathroom
• Large recreational room
• Large “hidden” storage room

Amenities of the Home:

• 9’x16’ deck off of main bedroom
• Beautiful backyard next to Ralston Creek
• Attached 2 car garage
• Ruud high efficient gas forced air furnace with central air
• 90’x235’ lot

Included:Refrigerator, Stove, Dishwasher, Washer, Dryer.

Not included: All personal property.

Terms:10% down payment on December 14, 2020. Balance due at closing with a projected date of January 28, 2021, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of January 28, 2021.

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.

Assessed Value: $242,860

Real Estate Taxes
Gross                          $5,084.34
Homestead Cr.         ($186.95)
Net                           $4,898.00


SPECIAL PROVISIONS:

• Property did sustain wind damage to the siding.  Seller has prepaid for this to be repaired by Dudley Brothers Company to be completed in the spring of 2021.
• This online auction will have a buyer’s premium of $1,000.  This will be added to the total bid amount to arrive at the total contract purchase price.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
• 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.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• The buyer acknowledges that buyer 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 condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Don’t miss the Timed Online Auction of the Personal Property

Bidding Opens: Monday, December 7  

Bidding Closes: Monday, December 14^th, 2020 at 5PM

Chris Meacham and Craig A. Meacham

Stanley, Lande & Hunter – Attorney for Sellers

For information contact Steffes Group at 319.385.2000;
Terry Hoenig, 319.470.7120 or Russ Lamp, 319.212.0774

TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed.