Burlington, IA Real Estate Auction - Two Properties

Farm Auction in 10 Val Aire Drive & 205 S 7th Street Burlington, IA 52601, Burlington, Iowa, United States

23 Monday
23rd November, 2020

Burlington, IA Real Estate Auction - Two Properties

Farm Auction in 10 Val Aire Drive & 205 S 7th Street Burlington, IA 52601, Burlington Iowa, United States

Monday at - 23rd November , 2020



Two Real Estate Properties in Burlington, Iowa! For information contact Steffes Group at 319.385.2000; Nate Larson, 319.931.3944 or Kevin Dameron, 319.850.2274



Bidding Opens: Monday, November 16

Bidding Closes: Monday, November 23, 2020 at 4PM

Open House on Monday, November 9th from 4-5PM

Tract #1 – 10 Val Aire Drive, Burlington, IA

This home would make a great investment for the first time home buyer or real estate investor!  The two bedroom, 1 bath home has 1,035 sq. ft. of living space.  The home offers a family room addition with skylight & French doors to the patio & landscaped backyard.  The two bedroom home also has an updated kitchen with appliances, front living room and utility closet with washer & dryer.  Other amenities of the home include a Heil high efficient gas forced air furnace, central air, detached single car garage and storage shed.  Located on a cul-de-sac street with a 50’x107’ lot.

Included:Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Storage shed
Not included: All personal property items.

Assessed Value:$74,100
Net Real Estate Taxes: $1,416.00

Tract #2 – 205 S 7th Street, Burlington, IA

Looking for more space?  This 4 bedroom, 1 ½ bath home offers 2,000 sq. ft. of total living space!  The main level offers a kitchen with appliances, formal dining room with hardwood floors, living room with fireplace, ½ bath and an open stairway.  The upstairs has four bedrooms (one with a fireplace) and a full bathroom.  Other amenities of the home include a basement with washer & dryer, Amana high efficient gas forced air furnace, storage shed and a 53’x117’ lot.

Included:Refrigerator, Stove, Dishwasher, Washer, Dryer, Storage shed.
Not included: All personal property items.

Assessed Value:$74,800
Net Real Estate Taxes: $1,432.00

10% down payment on November 23, 2020.  Balance due at closing with a projected date of January 7, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of January 7, 2021.
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.


  • This online auction will have a 5% buyer’s premium.  This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
  • Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
  • Tracts will be tied together with the bidding set to close simultaneously.  Each Tract tied together will stay in extension until there are no more bids placed on any of the Tracts that are tied together.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.


Don't miss your chance to also bid on the

Timed Online Personal Property,

Closing Online on November 23rd at 5PM


Constance M. Butler

Mediapolis Savings Bank – Power of Attorney

Julie Minster  – Trust Officer

William R. Jahn, Jr. – Attorney for Seller



For information contact Steffes Group at 319.385.2000;
Nate Larson, 319.931.3944 or Kevin Dameron, 319.850.2274



TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.

International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    

WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


Steffes Auctioneers Inc.

2000 Main Avenue East

West Fargo ND 58078-2210

Phone: (701) 237-9173(701) 237-9173

Toll Free: (800) 726-8609(800) 726-8609

Fax: (701) 237-0976

E-Mail: [email protected]  [email protected]


Scott Steffes ND81 & MN14-51

Bob Steffes ND82 & MN14-09

Brad Olstad ND319 & MN14-70

Clark Sather ND463 & MN54-05      


Scott Steffes, Broker

Rodney Steffes, Licensed Sales Associate

Geri Paul, Licensed Sales Associate

Ashley Huhn, Licensed Sales Associate    


Steffes Auctioneers Inc

24400 MN Highway 22 South

Litchfield, MN 55355

Phone: (320) 693-9371(320) 693-9371  

Fax: (320) 693-9373

Email: [email protected]

[email protected]

[email protected]

[email protected]


Eric Gabrielson, MN47-006, ND890

Ashley Huhn, MN47-002, ND843

Randy Kath, MN47-001, ND894


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