REAL ESTATE AUCTION

MEDIAPOLIS, IOWA
Located at 316 Middle Street.
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TUESDAY, OCTOBER 6, 2009 AT 5:02 P.M.

THIS REAL ESTATE POSITIVELY SELLS TO THE HIGHEST BIDDER!

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RANCH STYLE HOME ON CORNER LOT

* Ranch style home built in 1972 with 864 sq. ft. on main level. *
* Large living room. *
* Eat in kitchen with refrigerator. *
* Features two bedrooms & full bath. *
* Full basement with family room, non conforming bedroom, storage room,
laundry room with washer & dryer and ¾ bath. *
* Central vac system, electric heat & 2 window air units. *
* Attached one car garage. *
* Concrete patio & shed. *
* Located on a 50'x102' & 18'x100' L shaped lot. *

TERMS: 10% down payment on October 6, 2009. Balance to be paid on or before November 6, 2009 upon delivery of merchantable abstract & deed.
POSSESSION: November 6, 2009.
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.

The following taxes will be used to prorate at closing:

Gross Taxes: $985.37
Homestead: $113.95
Net Taxes: $872

Assessed Value: $72,700

Inclusions: Refrigerator, table, washer, dryer, 2 window air units & shed.
Reservations: Personal property.

SPECIAL PROVISIONS:
~This real estate is selling subject to public road easements and all other easements of record.
~The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate & are familiar with the premises. The buyers are buying this real estate in "as is" condition with no expressed or implied warranties pertaining to the same.

Owner: Betty J. Waterhouse
Jack Waterhouse - P.O.A.
William R. Jahn, Jr. of Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C. -
Attorney for Seller

 
Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jim Huff ~ Jason Denning ~ Lee Pennebaker

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Richard Realty & Auction, Inc.
605 East Winfield Ave., Mt. Pleasant, IA
319-385-2000
www.richardrealtyauction.com