Online Only Auction
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Price Realized:
104,000.00 USD
Shipping Not Available
Date(s)
5/12/2023 - 6/21/2023
Bidding Notice:

Property Sells "As Is, Where Is".


Information
Lot # 3
Group - Category Real Estate - Residential
Lead 2661/2663 245th Ave, Montrose, IA 2 Homes-1 Price
Description
***2 HOMES SELLING FOR ONE PRICE ON .71 ACRES±*** MAIN RESIDENCE – 2661 245TH Avenue, Montrose, Iowa • Move in ready and well-maintained stick built home built 2006 with 936 sq. ft of living area. Includes eat in kitchen w/oak cabinetry, full bath, living room, bedroom and mudroom/office with laundry area. There is an enclosed side porch, front deck and full poured concrete basement with the possibility of a 2nd bedroom. Updates include floor coverings, vinyl siding & metal roof. Additionally, there’s a 2 car detached garage with rear lean to for additional equipment storage. Manufactured Home – 2663 245th Avenue, Montrose, Iowa • Manufactured home built in 1989 with 924 sq. ft. of living area. Includes 2 bedrooms, full bath, kitchen, living room and hallway with laundry areas, plus an enclosed front porch. Updates include floor coverings, vinyl siding, metal roof and vinyl replacement windows. Auctioneer’s Note: This is a great opportunity for a small acreage in the country with income potential and in the Central Lee Community School District. We strongly encourage all interested parties to attend the open house or schedule a private showing. This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere. Terms: $15,000 earnest money deposit due at the end of the auction with the remainder due on or before July 21, 2023. The seller will provide a current abstract at their expense. Real Estate sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. Sale is subject to Seller’s confirmation. Real Estate Taxes: Taxes will be prorated to the date of closing. Septic Systems: Each residence has an independent working septic system. Since this is an Estate, Seller is exempt from the Time of Transfer septic law. Well: Both homes are serviced by a shared well. All other utilities are metered separately. Survey: Land is selling based of off advertised acres and Seller shall not be obligated to furnish a survey. LP Tanks: There is a tank for each residence, and both are rented. Buyer shall reimburse Seller at closing for remaining LP in each tank at that days market price. Inclusions: Window treatments, attached shelving & workbenches Reservations: Seller reserves all appliances and all other personal property. Closing: Closing will take place on or about July 21, 2023. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer. Possession: At closing upon payment in full. NO REAL ESTATE BUYERS’ PREMIUM! Registration: Visit www.fraiseauction.com to register and bid today! JOHN FRANKLIN ESTATE - SELLER Ryan Prahm of Pugh Hagan & Prahm PLC 425 E Oakdale Blvd. Ste. 201, Coralville, IA 52241 Attorney for Seller
Name Franklin Estate Acreage & Personal Property
Auctioneer
Type Online-Only Auction
Date(s) 05/12/2023 - 06/21/2023
Auction Date/Time Info
ONLINE ONLY AUCTION: BIDDING STARTS CLOSING WED., JUNE 21ST AT 10AM
Preview Date/Time OPEN HOUSE: TUES., JUNE 6TH FROM 4:30-6:00 PM
Checkout Date/Time Pickup/Removal of Personal Property: Friday, June 23rd from 2pm -6pm (Bring your own help & boxes for removal). Buyer's Premium of 15% will be added to all personal property purchases! All personal property sells "As is, Where Is". All items must be removed during the designated pickup time - NO EXCEPTIONS or will otherwise be subject to forfeiture without refund! Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-franklin
Location
Buyer Premium 15% BUYER'S PREMIUM- EXCEPT REAL ESTATE
Description
FRANKLIN ESTATE ACREAGE & PERSONAL PROPERTY AUCTION
Your registration or bidding on a lot at our auctions constitutes your acceptance and agreement of the following terms and conditions. 1. WARRANTIES & DISCLAIMERS: All items are sold AS IS, WHERE IS, without warranty or guarantees expressed or implied no refund, returns, or exchanges and with all faults. AUCTIONEER AND SELLER EXPRESSLY DISCLAIM AND EXCLUDE THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. Bidders should rely solely on their own inspection of all items prior to the sale and should satisfy themselves as to the usefulness, value and or condition of each item. Seller, Auctioneer and Buyer expressly agree that Buyer is responsible for and agrees to indemnify Seller, Auctioneer and their respective affiliates for any and all damages, losses, expenses, attorney fees, court costs, etc. that arise out of or result from the removal, possession or use of any items purchased at auction or any other claim regarding the use of possession of any asset purchased at this auction. All descriptions are for informational purposes only. Any error in description does not relieve the buyer or his/her agent of their responsibilities - ALL SALES ARE FINAL. Your bid is a binding contract. Once the auctioneer (or bidding platform) indicates an item is sold to bidder a contract has been consummated and the liability of the item(s), including responsibility for payment, loss or damage rests solely with the bidder. Fraise Auction & Real Estate will not be held responsible for internet, computer or other human errors. 2. TERMS: Bidding on any lot regardless of how the bid is presented by the bidder, in person, by absentee, by agent, online or by phone indicates the buyer's agreement to be bound by these terms and conditions. Auctioneer will not be held responsible for any failure to execute a bid for any reason. 3. REGISTRATION / BIDDER REQUIREMENTS: Bidder will register for an auction with a valid credit card that will be billed for online bidders to verify identity. Bidder will complete registration information online and agree to the terms and conditions of the sale before placing a bid. Any questions, ask before bidding please. 4. 15% BUYER'S PREMIUM applies to items purchased on this auction (OTHER THAN REAL ESTATE). You will be charged an additional 15% on top of the amount you bid for each item you are the winning bidder on. For example, if you bid and win an item for $10.00, you will be charged $11.50 at checkout. 5. INVOICE PAYMENT REQUIREMENTS & TYPES ACCEPTED: You agree to make payment for all items purchased within 1 business day of receipt of the invoice. You will receive an invoice via email following the close of the auction, or the next business day if the bidding closes after 5pm or on a weekend. YOUR CREDIT CARD WILL PROMPTLY BE CHARGED FOR YOUR PURCHASES. WE CANNOT ACCOMODATE OTHER TYPES OF PAYMENT. No other forms of payment will be accepted. No items will be released until payment in full is received. All unpaid bidders will be banned from future auctions and prosecuted to the fullest extent of the law. 7. PICKUP DATE & LOCATION: FRI., JUNE 23RD from 2:00 PM - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the home, 2661 & 2663 245TH AVE, MONTROSE, IA. Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-franklin LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc. 8. REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid. We sincerely appreciate your business, Corey D. Fraise, CAI Carrie Fraise Tami Stuekerjuergen Dan Fraise Fraise Auction & Real Estate
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 999.00 1.00 USD
999.01 - 1,999.00 10.00 USD
1,999.01 - 99,000.00 250.00 USD
99,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 15% BUYER'S PREMIUM- EXCEPT REAL ESTATE
Payment Terms
Your registration or bidding on a lot at our auctions constitutes your acceptance and agreement of the following terms and conditions. INVOICE PAYMENT REQUIREMENTS & TYPES ACCEPTED: You agree to make payment for all items purchased within 1 business day of receipt of the invoice. You will receive an invoice via email following the close of the auction, or the next business day if the bidding closes after 5pm or on a weekend. YOUR CREDIT CARD WILL PROMPTLY BE CHARGED FOR YOUR PURCHASES. WE CANNOT ACCOMODATE OTHER TYPES OF PAYMENT. No other forms of payment will be accepted. No items will be released until payment in full is received. All unpaid bidders will be banned from future auctions and prosecuted to the fullest extent of the law. PICKUP DATE & LOCATION: FRI., JUNE 23RD from 2:00 PM - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the home, 2661 & 2663 245TH AVE, MONTROSE, IA. Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-franklin LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc. REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid.
PICKUP DATE & LOCATION: FRI., JUNE 23RD from 2:00 PM - 6:00 PM. All items must be picked during the designated pickup time, NO EXCEPTIONS! All items are located at the home, 2661 & 2663 245TH AVE, MONTROSE, IA. Sign up for a pick up time here: https://www.signupgenius.com/go/904084AADAB29A0FD0-franklin LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc. REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.