Timed Online Real Estate Auction!

Burlington, Iowa
Located at 101 South Marshall Street, Burlington, IA 52601

Auction Opens: Wednesday, June 19^th   
Auction Closes: Wednesday, June 26, 2019 at 4:00 PM

Open House on Wednesday, June 12^th from 4-5pm


FOUR BEDROOM HOME

Bring your tools as this home is a work in progress fixer upper!  The four bedroom home offers 2,576 sq. ft. of total living space and was built in 1920.  The main level features a living room with hardwood floors, formal dining room with hardwood floors, bedroom/office, kitchen with refrigerator and a back enclosed porch with washer/dryer hookups.

The upstairs offers three bedrooms, bathroom and a walkup attic.  The basement has a Heil gas furnace, gas hot water heater and a 200 amp breaker box.  The home is situated on a 60’x72’ corner lot with a fenced in front yard.

Included: Refrigerator, All personal property.

Terms: 20% down payment on June 26, 2019.  Balance due at closing with a projected date of August 9, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of August 9, 2019.
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: $36,200

Real Estate Taxes
Gross                     $1,018.85
Homestead Cr.          ($201.00)
Net                            $818.00 Rounded


SPECIAL PROVISIONS:

~ This online auction will have a 5% buyer’s premium.  This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
~ Down payment is due on the day the auction closes.
~ 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.

Owner: Kevin M. Jones
Sara L. Haas – Attorney for Seller

For details contact auction manager Kevin Dameron of Steffes Group, 319.385.2000 or by cell, 319.850.2274

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. Down payment is due the day of the auction.