HOME & ACREAGE AUCTION
(Selling Online Only)
BIDDING ENDS WEDNESDAY, JULY 2ND, 2025 at 1:00 P.M.
2460 280TH Street, Montrose, Iowa
Open House/ Inspection: Tuesday, June 17th from 5-6 PM
General Description: This rural 2-bedroom, 1-bath home sits on 2.81± acres and offers peaceful country living with room to make it your own. The home includes 1,238 sq. ft. of living space, a charming enclosed rear porch filled with lots of natural light, a covered wraparound porch, and some original hardwood floors. Notable updates since 2014 include the roof, vinyl siding, replacement windows, furnace & central air, full bathroom, and septic system. While the house could benefit from some additional interior updating, it has solid potential. The property also features a utility shed, gardening areas, and an older detached garage in poor condition.
Auctioneer’s Note: This rural acreage offers a great opportunity for buyers looking for a country setting with room to update and personalize. The home has had several important improvements over the years and features a spacious lot with room for gardening, hobbies, or small-scale projects. Whether you’re a first-time buyer, investor, or someone looking to downsize to the country, we encourage you to attend the open house or schedule a private showing. This auction will be conducted online only, allowing bidders to participate conveniently from any location using an electronic device.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before August 4, 2025. 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 System: This property is part of an estate and is therefore exempt from the Time of Transfer septic inspection requirement. A new septic system was installed in 2014.
Propane Tank: The 500-gallon LP tank is rented from B&B Gas. Buyer will be required to reimburse the Seller at closing for any remaining fuel based on that day’s current provider’s market price.
Inclusions: Buyer accepts any remaining personal property at the time of closing.
Closing: Closing will take place on or about August 4, 2025. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: At closing upon payment in full.
Registration: Visit www.fraiseauction.com to register and bid today!
CARRIE J. WHITE ESTATE – SELLER
Renell McCoy – Executor
Christy Popejoy – Attorney for Seller
Auction Conducted By:
Fraise Auction & Real Estate
319-367-5744
OPEN HOUSE: WED., JUNE 18TH FROM 5-6PM
NA
COREY FRAISE 319-371-5638