Ft Madison, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
AUCTION ENDS TUESDAY, June 30TH, 2026 at 1 PM
2806 Avenue K, Fort Madison, Iowa
Open House/ Inspection: Tuesday, June 16th from 4:00-5:00 PM
General Description: Modest 2 bedroom, 1 ½ bath home with 1,155 sq. ft. of living space and detached 1 car garage off of the alley. It has a gas forced air furnace, window air and appliances remain with the home. It needs updating (one tenant occupied for the past 18 years) but could be a great rental or starter home. It has a current rental permit from the City of Fort Madison. Bidding is open to everyone and can be completed conveniently from anywhere using your phone, tablet, or computer.
Auctioneer’s Note: We strongly encourage all interested parties to attend the open house! This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere.
Terms: $5,00 earnest money deposit due at the end of the auction with the remainder due on or before July 30, 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 July 30, 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!
Ronald & Caryl Abolt – SELLERS
Greg Johnson – Attorney for Seller
Auction Conducted By:
Fraise Auction & Real Estate
319-372-9121
www.fraiseauction.com
NOT APPLICABLE


CARRIE FRAISE 319-371-5638