Burlington, IA Real Estate Auction

Farm Auction in 4091 Highway 61 Burlington, IA 52601, Burlington, Iowa, United States

19 Tuesday
19th October, 2021

Burlington, IA Real Estate Auction

Farm Auction in 4091 Highway 61 Burlington, IA 52601, Burlington Iowa, United States

Tuesday at - 19th October , 2021



Ranch Style Home with 30'x50' Shop! Open House on Tuesday, October 12th from 4-5PM. For more information contact Terry Hoenig of Steffes Group, 319.385.2000 or 319.470.7120


Located at 11807 42nd Street, Burlington, IA

Bidding Opens:Tuesday, October 19th

Bidding Closes: Tuesday, October 26, 2021 at 4PM

Open House on Tuesday, October 12th from 4-5PM


This three bedroom ranch style home is ready to be refreshed & updated! The home offers 1,144 sq. ft. of living space on the main level and was built in 1967.

Floor Plan:

  • Eat in kitchen with electric stove, washer & dryer hookups
  • Living room with wood floors & a fireplace
  • Three bedrooms
  • Bathroom with walk in shower
  • Front enclosed porch with wood burning stove
  • Back enclosed porch
  • Full unfinished basement with ¾ bath, Amana high efficient gas forced air furnace & central air
  • Attached single car garage

Other Amenities:

  • Detached 30’x50’ shop with concrete floors
  • Detached 24’x30’ two car garage with furnace & window A/C
  • Detached 12’x22’ garage
  • Rural water & a well
  • Situated on a 1.67 acre lot

Included: Stove
Not included: Seller’s kitchen cabinet, LP tank, All personal property

Terms:10% down payment on October 26, 2021. Balance due at closing with a projected date of December 10, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 10, 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.

Real Estate Taxes – Tax Parcel 15-25-353-015
Net $2,486
Assessed Value: $167,700

Special Provisions:

  • 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.
  • If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
  • Due to this being an estate, the Seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11). Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with Des Moines County & Iowa Laws & regulations.
  • Seller shall not be obligated to furnish a survey.
  • 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.
  • If a Buyer is unable to close due to insufficient funds or otherwise, Buyer 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 real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

Don't Miss the Timed Online Personal Property Auction

Bidding Closes October 26 at 5PM


Gary L. Lefler Estate & Judith K. Lefler Estate

Kenneth Lefler – Executor

James H. Martinek – Attorney for Estate


For more information contact Terry Hoenig of Steffes Group, 
319.385.2000 or 319.470.7120



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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