BURLINGTON, IA ESTATE AUCTION – REAL ESTATE & PERSONAL PROPERTY

Burlington, Iowa

ESTATE AUCTION

2 BEDROOM HOME and

PERSONAL PROPERTY

714 S 4^TH STREET, BURLINGTON, IOWA

AUCTION ENDS: THURSDAY, MAY 14^TH AT 10:00 A.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, APRIL  30^TH FROM 5-6 PM

General Information: 2-bedroom, 1-bath brick veneer home offering approximately 1,300 sq. ft. with a full walkout basement and views of the Mississippi River. The home features hardwood floors, French glass doors, a built-in buffet, and a rear sun porch overlooking the river. Updates include many vinyl replacement windows, an updated GFA furnace, and an architectural shingled roof. Additional features include a full floored attic with staircase access and a concrete driveway. The property is located in a modest neighborhood and will require TLC both inside and out, but presents a solid opportunity for investors, flippers, or buyers looking to build equity while taking advantage of the river view setting.

Auctioneer’s Note: This property will appeal to investors, flippers, and buyers looking for a project with upside potential. With solid construction, a full walkout basement, and Mississippi River views, there’s an opportunity here to add value through improvements and create a rental, resale, or personal residence. The online-only auction format allows you to bid at your convenience from anywhere using 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 June15, 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, inspections or any other contingencies. Real estate sells subject to court approval.

Reservations: Washer, dryer, window air conditioning units, storage cabinets and all other personal property

Inclusions: Refrigerator, gas stove, window treatments 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 June 15. 2026. The balance of 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!

***ALSO SELLING PERSONAL PROPERTY (Begins closing at 11:00 A.M.)***

Highlights Include:

• Gold, Sterling & costume jewelry (Please note that the jewelry has been removed from the property for safekeeping and will not be available to be seen during the open house preview).
• Antique & modern furniture
• LP record albums
• Cast iron skillets
• Baseball cards
• Ceramic ET figural night light
• Glassware & China dishes
• Vintage & modern baking dishes
• Usual pots, pans & countertop appliances
• Poly storage cabinets and shelving
• Hand & power tools
• Shop vacs, ladders and lawn tools
• Spotting scope, binoculars & Crossman air rifle
• Vintage Barbie Dream Castle & misc. toys
• Coca Cola collectibles

Pickup/Removal of Personal Property: Friday, May 15^th from 3:00 PM to 6:00 PM only. A buyer’s premium of 18% will be added to all personal property purchases. All items sell as is, where is, with no guarantees. All purchases must be picked up during the designated time—No Exceptions. Any items not picked up will be forfeited without refund. No alternate pickup dates, no holds, no excuses.

RICHARD HULL ESTATE – SELLER

Kelli Johnson, CFP Trust Officer/Vice President of Farmers & Merchants Bank – Administrator of Estate

Marlis Robberts of Robberts & Kirkman Law Office, Burlington, Iowa – Attorney for Seller

Auction Conducted By

Fraise Auction & Real Estate

319-367-5744 or 319-372-9121

www.fraiseauction.com

OPEN HOUSE/INSPECTION: THURSDAY, APRIL  30^TH FROM 5-6 PM

Pickup/Removal of Personal Property: Friday, May 15^th from 3:00 PM to 6:00 PM only. A buyer’s premium of 18% will be added to all personal property purchases. All items sell as is, where is, with no guarantees. All purchases must be picked up during the designated time—No Exceptions. Any items not picked up will be forfeited without refund. No alternate pickup dates, no holds, no excuses.

COREY FRAISE 319-470-0115