Merritt Estate - Burlington, Iowa Real Estate Auction

Farm Auction in 2605 Vineyard Burlington, IA 52601, Burlington Iowa, United States

15 Wednesday
15th July, 2020

Merritt Estate - Burlington, Iowa Real Estate Auction

Farm Auction in 2605 Vineyard Burlington, IA 52601, Burlington Iowa, United States

Wednesday at - 15th July , 2020

Description

Timed Online - Burlington, IA Real Estate and Personal Property. For information contact Nate Larson at Steffes Group, 319.385.2000 or 319.931.3944 or Kevin Dameron at Steffes Group, 319.385.2000 or 319.850.2274

Timed Online - REAL ESTATE AUCTION

Burlington, Iowa
Located at 2605 Vineyard Street, Burlington, IA 52601


Bidding Opens:
Wednesday, July 8th      

Bidding Closes: Wednesday, July 15, 2020 at 4PM


Open House on Wednesday, July 1st from 4-5PM



THREE BEDROOM HOME

This home would make a great investment for the first time home buyer or real estate investor! The three bedroom, 1 bath home offers 1,040 sq.ft. on the main level and was built in 1962.

Main Level:

  • Living room with carpet (hardwood floors underneath)
  • Eat in kitchen with pantry closet, refrigerator, gas stove & dishwasher
  • Three bedrooms with carpet (hardwood floors underneath)
  • Full bathroom

Basement:

  • Family room
  • Bar area
  • Workshop area
  • Laundry/Utility room with washer, dryer, shower & sink

Amenities of the Home:

  • Carrier high efficient gas forced air furnace with central air
  • Vinyl replacement windows
  • One car attached garage
  • Lawn shed
  • Approx. 40’x135’ corner lot

Included:Refrigerator, Stove, Dishwasher, Washer, Dryer, Lawn shed.
Not included: Upright freezers, All personal property items.


Terms:
10% down payment on July 15, 2020.  Balance due at closing with a projected date of August 28, 2020, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of August 28, 2020.
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:
$77,000


Real Estate Taxes

Gross                     $1,679.89
Homestead Cr.        ($196.09)
Net 
(Rounded)      $1,484.00


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 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: Wednesday, July 8th      

Bidding Closes: Wednesday, July 15, 2020 at 5PM

 

Loadout Friday, July 17th 1-4PM

 

Owner: Cathy Merritt Estate
Farmers & Merchants Bank & Trust – Executor
Kelli S. Johnson – Trust Officer

 

For information contact

Nate Larson at Steffes Group, 319.385.2000 or 319.931.3944 or 
Kevin Dameron at Steffes Group, 
319.385.2000 or 319.850.2274

Disclaimer


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.


International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    


WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


CORPORATE OFFICE


Steffes Auctioneers Inc.


2000 Main Avenue East


West Fargo ND 58078-2210


Phone: (701) 237-9173(701) 237-9173


Toll Free: (800) 726-8609(800) 726-8609


Fax: (701) 237-0976


E-Mail: [email protected]  [email protected]


AUCTIONEER LICENSES

Scott Steffes ND81 & MN14-51


Bob Steffes ND82 & MN14-09


Brad Olstad ND319 & MN14-70


Clark Sather ND463 & MN54-05      


REAL ESTATE MARKETING


Scott Steffes, Broker


Rodney Steffes, Licensed Sales Associate


Geri Paul, Licensed Sales Associate


Ashley Huhn, Licensed Sales Associate    


LITCHFIELD OFFICE


Steffes Auctioneers Inc


24400 MN Highway 22 South


Litchfield, MN 55355


Phone: (320) 693-9371(320) 693-9371  


Fax: (320) 693-9373


Email: [email protected]


[email protected]


[email protected]


[email protected]




AUCTIONEER LICENSES


Eric Gabrielson, MN47-006, ND890


Ashley Huhn, MN47-002, ND843


Randy Kath, MN47-001, ND894

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