Mount Pleasant, Iowa
REAL ESTATE and
PERSONAL PROPERTY AUCTION
305 N POPLAR, MOUNT PLEASANT, IOWA
AUCTION ENDS: TUESDAY, APRIL 7TH 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: TUESDAY, MARCH 24TH FROM 5-6 PM
General Information: Single-level ranch-style home featuring 2 bedrooms, living room, kitchen, full bath, and laundry room with approximately 744 sq. ft. of living space, situated on a 54’ x 160’ lot. The home was in the process of being remodeled prior to the seller’s passing. Improvements completed in recent years include the roof, HVAC system, vinyl siding, and all vinyl replacement windows. A newer kitchen has also been installed. While several major updates have been made, some cosmetic finishing work remains, allowing the next owner the opportunity to complete the project to their liking. The home also includes a rear-covered porch. Additionally, the property features an outstanding 28’ x 24’ detached two-car garage, built in 2016, that is fully insulated and heated — a high-quality shop space that would be ideal for vehicles, hobbies, or year-round projects.
Auctioneer’s Note: Fraise Auction & Real Estate is pleased to represent the seller in the offering of this single-level ranch home. With no steps or stairs, the home may appeal to buyers seeking easy accessibility, including retirees, downsizers, or anyone who prefers the convenience of single-level living. The large lot, multiple garage spaces, and excellent heated shop space also make this property attractive for hobbyists, vehicle enthusiasts, or buyers needing extra storage for a camper, boat, or equipment. Whether you are looking for a personal residence, rental investment, or a property you can continue to improve over time, this auction presents a practical opportunity. The online auction format also allows bidders to participate conveniently, making it easy to compete from anywhere without the pressure of traditional negotiations.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or about May 7, 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: Utility sheds, appliances, garage heaters and all other personal property.
Inclusions: Window treatments, utility sheds 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 May 7, 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!
***ALSO SELLING PERSONAL PROPERTY (Begins closing at 11:00 A.M.)***
Highlights Include:
Pickup/Removal of Personal Property: Wednesday, April 8th 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.
TIMOTHY L. JOHNSON – SELLER
Steven J. Westerkamp of Westerkamp Law Firm, Farmington, Iowa – Attorney for Seller
Auction Conducted By
Fraise Auction & Real Estate
319-367-5744 or 319-372-9121
www.fraiseauction.com
OPEN HOUSE/INSPECTION: TUESDAY, MARCH 24TH FROM 5-6 PM
Pickup/Removal of Personal Property: Wednesday, April 8th 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