Keokuk, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
AUCTION ENDS TUESDAY, DECEMBER 30TH, 2025 at 1:00 P.M.
906 Morgan Street, Keokuk, Iowa
Open House/ Inspection: Tuesday, December 16th from 4 – 5 P.M.
General Description: Great investment opportunity—this spacious 2-story home sells at absolute auction regardless of price! Offering over 1,600 sq. ft. of living space, it features 4 bedrooms and 2 full baths with tons of original character. The main level includes an eat-in kitchen, living room, dining area with exposed hardwood floors, a main-floor bedroom, full bath, and a welcoming foyer highlighted by an ornate staircase; upstairs are three more bedrooms and another full bath. Hardwood floors are exposed in places and also lie beneath the carpet, and the home is complemented by a covered open front porch plus a rear side porch. Additional amenities include a full basement for storage, chain-link fenced yard, and a rear garage. While it needs some TLC, the property is full of potential for owner occupancy or an excellent investment, and it sells fully furnished with all major appliances, furniture, and remaining contents. Guardian GFA furnace is approximately 4 years old.
Auctioneer’s Note: Great first-time home buyers or investment property. 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: $5,000 earnest money deposit due at the end of the auction with the remainder due on or before January 26, 2026. 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, an appraisal, inspections or any other contingencies and Buyer accepts any remaining personal property at closing.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before January 26, 2026. 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 BUYER’S PREMIUM!
Registration: Visit www.fraiseauction.com to register and bid today!
MARILYN J. JONES – SELLER
Kevin Jones- Power of Attorney
Kevin J. Kuchelman Law Office – Attorney for Seller
Auction Conducted By:
Fraise Auction & Real Estate
319-372-9121
www.fraiseauction.com
OPEN HOUSE: TUESDAY, DEC. 16TH FROM 4-5PM
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COREY FRAISE 319-470-0115