BIDDING COMING SOON!
Montrose, Iowa
Rural Home and Acreage &
Personal Property Auction
2541 290th Street, Montrose, Iowa
AUCTION ENDS: MONDAY, JUNE 29TH 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: SUNDAY, JUNE 14TH FROM 1:00 – 2:30 PM
General Information: Custom-built ranch-style home with attached 3-car garage and full finished walkout basement situated on 12.21± acres, offering approximately 3,100 sq. ft. of total living area and an excellent blend of country living, income potential, and convenience. The main floor features a kitchen with oak cabinetry and exceptional cabinet and storage space, along with open-concept dining and living areas. The dining area features skylights and tray ceilings, while the living area is highlighted by built-in oak bookcases. Also on the main level is a master bedroom with his & her closets, full bath with laundry, and a beautiful sunroom showcasing panoramic views of the Mississippi River and the Nauvoo Temple. The full walkout basement features a family room with kitchenette, two bedrooms with egress windows, full bath, and storage rooms—ideal for guests or extended living. A rear covered concrete patio provides additional space to relax while enjoying the river views. The acreage includes 11.43± tillable acres, with 7.32 acres recently out of CRP, offering flexibility for farming, livestock, or recreation. Conveniently located just minutes from Keokuk and Fort Madison. Recent updates include a geothermal HVAC system (2025) and roof and skylights (2021), making this a well-maintained, move-in ready acreage with scenic views and productive land.
Auctioneer’s Note: Rare opportunity to purchase a well-maintained acreage offering scenic Mississippi River views, productive tillable acres that could be converted and fenced for livestock, and a move-in ready home. Whether you’re looking for a country residence, small farm, or investment opportunity, this property provides versatility and location. Bid with confidence and enjoy the convenience of bidding from anywhere using your computer or mobile device. We encourage everyone to attend the open house or contact Corey Fraise at 319-470-0115 to schedule a private showing.
Terms: $10,000 earnest money deposit due at the end of the auction with the remainder due on or before July 29, 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. Sale is subject to Seller’s confirmation.
Septic System: The septic system was inspected May 12, 2026, and meets all Iowa DNR Time of Transfer septic requirements. Contact Auction Co. for a copy of the inspection report.
Reservations: Stove, refrigerator, washer & dryer, chest freezer and all other personal property.
Inclusions: Window treatments, built-in shelving, and any remaining personal property at the time of closing
Closing: Closing will take place on or before July 29, 2026. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: Buyer shall receive full possession of the home at closing and possession of the tillable acres upon the tenant’s successful completion of fall harvest. Seller to retain any and all rent payments.
No Real Estate Buyers Premium!
***ALSO SELLING PERSONAL PROPERTY (Begins closing at 11:00 A.M.)***
Highlights Include:
Pickup/Removal of Personal Property: Tuesday, June 30th from 3:00PM – 6:30PM. Buyer’s Premium of 18% will be added to all personal property purchases! All personal property sells “as is, where is”. All items must be removed during the designated pickup time – NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!!
DALE W. WEBER TRUST & VIVIAN A. WEBER – SELLERS
Eugene Anderson of ARP Law Office – Attorney for Sellers
Auction Conducted By:
Fraise Auction & Real Estate
319-367-5744
OPEN HOUSE/PREVIEW: SUNDAY, JUNE 14TH FROM 1-2:30 PM AT 2541 290TH ST, MONTROSE, IA
Pickup/Removal of Personal Property: Tuesday, June 30th from 3:00PM – 6:30PM. All items are located at the home, 2541 290TH ST, MONTROSE, IA. All items must be removed during the designated pickup time – NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!!
SIGN UP FOR A PICK UP TIME:
https://www.signupgenius.com/go/904084AADAB29A0FD0-64218973-montrose
LOCAL PICK UP ONLY: You are responsible to bring your own manpower to move your items. Bring your own boxes, packing material, carts, etc.
REMOVAL / STORAGE OF PROPERTY: Buyer assumes all responsibility for removal of purchased items. Auctioneer does not offer these services. If buyer fails to pick up or remove property within the stated time frame, the items become the property of seller and the buyer forfeits the monies paid.


COREY FRAISE 319-470-0115