BURLINGTON, IA REAL ESTATE AUCTION
Begins:
Monday, Jan. 19th 2026 at 12:00 AM
Ends:
Thursday, Feb. 5th 2026 at 1:00 PM
Burlington, Iowa
REAL ESTATE AUCTION
1512 S LEEBRICK STREET, BURLINGTON, IOWA
AUCTION ENDS: THURSDAY, FEBRUARY 5TH AT 1:00 P.M.
This is a Timed, Online Only Auction Event with a Soft Close! Click the above tab for catalog, terms and registration!!
OPEN HOUSE/INSPECTION: THURSDAY, JANUARY 22ND FROM 4:30 -5:30 PM
General Information: This modest 2-bedroom, 1-bath home offers a practical layout with a living room, full bath, and eat-in kitchen with pantry closet. Features include hardwood laminate floor, central AC, an updated roof, and vinyl replacement windows. The property also includes a full basement and a detached one-car garage with an attached workshop/seasonal room. Exterior amenities include a concrete driveway, a front patio, and a nice backyard with a burn pit—ideal for outdoor enjoyment. Located in a great neighborhood with excellent curb appeal. The home needs some work but offers solid potential.
Auctioneer’s Note: Whether you’re a first-time buyer, investor, or someone looking for a project in a great neighborhood, this home has potential. With solid basics already in place, it’s a great opportunity to make it your own. Bidding is open to everyone—bid from anywhere with your phone, tablet, or computer.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or about March 5, 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 or any other contingencies.
Basement Foundation: The basement foundation has significant cracks and settling issues that will require immediate repair.
Inclusions: Window treatments, stove, refrigerator, washing machine, elec. dryer and any remaining personal property at the time of closing
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or about March 5, 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 Buyers Premium!
FLOYD W. “TODE” JOHN ESTATE– SELLER
Stephanie L. Kozlowski of Koslowski Law Group, Burlington, Iowa – Attorney for Seller
Auction Conducted By
Fraise Auction & Real Estate
319-367-5744 or 319-372-9121
www.fraiseauction.com
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COREY FRAISE 319-470-0115