DES MOINES COUNTY, IA REAL ESTATE AUCTION

Des Moines County, Iowa

REAL ESTATE AUCTION

(Selling Online Only)

AUCTION ENDS WEDNESDAY JULY 22 2026 at 1:00 P.M.

11818 Hwy. 99, Burlington, Iowa

Open House/ Inspection: Monday, July 13^th from 5:00 P.M. – 6:00 P.M.

Selling at Absolute Auction

Opportunity awaits with this solid all-brick ranch home located just outside the city limits on Highway 99! Situated on a beautifully landscaped 0.69± acre lot, this property offers 1,026± sq. ft. of main-floor living space featuring an updated kitchen with stainless steel appliances, living room, two bedrooms, and a full bath. Additional improvements include an attached two-car garage, full basement, and a 24′ x 30′ detached garage with a full floored loft providing excellent storage or workshop space. The basement has experienced water seepage, resulting in mold that will require remediation, presenting an excellent opportunity for buyers to renovate and add value. If you’ve been searching for a quality-built home in a desirable location with great bones, attractive curb appeal, and outstanding potential, this is your chance to purchase a property you can truly make your own.

Auctioneer’s Note: Don’t miss this opportunity to purchase a quality-built home in a desirable location with outstanding potential. We encourage all interested buyers to attend the open house and complete any inspections prior to bidding. Online bidding is simple and convenient—bid from anywhere using your computer, tablet, or smartphone.

Terms: $10,000 earnest money deposit due by check or wire transfer at the conclusion of the auction, with the balance due on or before August 12, 2026. The seller will provide a current abstract at their expense. Real estate sells “as is, where is,” with no warranties expressed or implied. The sale is not contingent upon Buyer’s financing, appraisal, inspections, final walkthrough, or any other contingencies. In the event the Buyer does not close pursuant to the terms of the purchase agreement, the earnest money deposit shall be forfeited.

Real Estate Taxes: Taxes will be prorated to the date of closing.

Inclusions: All major appliances and any remaining personal property at the time of closing.

Septic System: Seller is an Estate and is exempt from the Iowa Time of Transfer Septic System Inspection requirements.

Closing: Closing will take place on or about August 12, 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!

MARGARET ANN McCREIGHT – SELLER

Theresa L. Abbott – Executor

Christopher Wallace of ARP Law Firm – Attorney for Seller

Auction Conducted By

Fraise Auction & Real Estate

319-367-5744

www.fraiseauction.com

Open House/ Inspection: Monday, July 13^th from 5:00 P.M. – 6:00 P.M.

NOT APPLICABLE

COREY FRAISE 319-470-0115