REAL ESTATE AUCTION
Located at 310 21ST Street, Fort Madison, Iowa
BIDDING ENDS MONDAY, OCTOBER 24TH AT 1:00 P.M.
Open House/Inspection: Tuesday, October 11th from 4-5:00 P.M.
THIS REAL ESTATE POSITIVLEY SELLS TO THE HIGHEST BIDDER!
Description: Modest sized ranch style home with basement, detached garage and large double lot conveniently located near the Fort Madison High School. Home features 2 bedrooms, eat-in kitchen, full bath and dining & living rooms. There is a staircase that leads to the full floored attic that could potentially be finished for 3rd bedroom, etc. Several improvements & updates include: carpeting, hi-efficiency gas furnace with central air, gas water heater, 100-amp electrical panel & some wiring, plus metal siding.
Auctioneer’s Note: This is a very builder basic home that would be ideal for a first time home buyer or an investor and will sell at Absolute Auction, regardless of price. Although in desperate need of a roof, opportunity awaits on this affordable property. We strongly encourage all interested parties to attend the open house or schedule a private showing. Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere!
Terms: $3,500 earnest money deposit at the end of the auction with the remainder due on or before November 21, 2016. The seller will provide a current abstract at their expense. Home sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before November 21, 2016. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.
Possession: At closing upon payment in full.
DONALD R. PHILLIPS ESTATE & JANET FETT - SELLERS
Gregory Johnson of Johnson & Skewes Law Firm
516 7th Street, Fort Madison, Iowa – Attorney for Seller
Fraise Auction & Real Estate
2311 Avenue L, Fort Madison, Iowa 52627
319- 372-9121 OR 319-367-5744
View the full auction listing.
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