UNRESERVED ESTATE AUCTION
3 BUILDINGS - ANTIQUE FURNITURE

MT. PLEASANT, IOWA
Auction to be held at 205 N. Adams

WEDNESDAY, SEPTEMBER 29, 2010 AT 4:02 P.M.
Real Estate Sells First!

THIS REAL ESTATE POSITIVELY SELLS TO THE HIGHEST BIDDER!

REAL ESTATE #1 - 100 South Main
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~ This building has a PRIME corner location on the northeast corner of the square. On the National Register of Historic Places with over 1,300 sq. ft. of space on the main level with a large open office/retail area, office, ½ bath, backroom storage with side entrance and a full basement with additional storage. The upstairs has could be made into an apartment with five rooms & ½ bath.

Main level has GFA heat with central air. Upstairs has GFA heat with central air.

The downstairs office is currently rented to the current tenant who occupies the premises on a month to month basis. The upstairs is vacant and could be remodeled for additional income potential. Zoned B-2.

Assessed Value: $71,590.00
Real Estate Taxes:
$2,676.00 (Gross & Net)
Reservations:
All unattached personal property & office equipment.

REAL ESTATE #2 - 117 West Monroe
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~ This building has an excellent location on the north side of the square. Features over 1,800 sq. ft. of space on the main level with large glass front displays, large retail/office space, office, ½ bath & storage room with alley access. Also a divided basement for additional storage. The front upstairs includes a large living room, dining room, kitchen/pantry & full bath. The back upstairs includes a living room, eat in kitchen, 2 bedrooms & full bath.

Main level has GFA heat with central air. Upstairs has wall heat & window air units.

The downstairs retail/office is currently rented to the current tenant who occupies the premises on a month to month basis. The upstairs apartment is vacant with the potential of more income. Zoned B-2.

Assessed Value: $83,720
Real Estate Taxes: Gross:
$3,130.20
Homestead
($116.05)
Net:
$3,014.00
Reservations:
All unattached personal property & office equipment.

Inclusions: Stove/microwave, refrigerator, dishwasher, washer & dryer, window air units, trash compactor, refrigerator stove & sink (all in one)

 REAL ESTATE #3 - 205 North Adams
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~ This real estate features a Morton 24'x60' building with 5 garage doors & gravel floor, alley access and situated on a 80'x150' lot. Zoned B-3. This real estate is vacant and ready for a new owner, the possibilities are endless with this property.

Assessed Value: $9,520.00
Real Estate Taxes: $514.00 (Gross & Net)
TERMS: 20% down payment on September 29, 2010. Balance to be paid on or before November 1, 2010 upon delivery of merchantable abstract & deed. (Court Officers deed).
POSSESSION:
Landlord's possession on November 1, 2010, subject to existing lease with tenants (Currently on a month to month basis)
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.

Special Provisions on all Real Estate:
~ This real estate is selling subject to public road easements and all other easements of record.
~ Buyer will be responsible for all lawn care immediately following the auction.
~ If in the future a site clean up is required it shall be at the expense of the buyer.
~ The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

 ANTIQUE & MODERN FURNITURE

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Large antique wardrobe; Drop front secretary/bookcase; Antique dresser; Antique dressing mirror; Pie safe; Grandfather's clock; Round 3 tier shelf; Wicker couch & rocking chairs; Coffee table; Oak wall mirror; Dining room table & chairs; Entertainment center; Chairs; Some China, glassware & silver; Cedar chest; Tea cart; Couch & love seat; Singer sewing machine; Bedroom set with dresser & night stands; Crystal lamps; Sanyo 15" flat screen TV; Costume jewelry; Jewelry cabinets; Pictures; Library table.

Shirley S. Henderson Estate
Mary Jane Kauffman - Executor
Rande A. McAllister - Attorney for Estate


Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jason Denning ~ Missy Allen

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Any announcements made day of sale take precedence over advertising.

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Richard Realty & Auction, Inc.

605 East Winfield Ave., Mt. Pleasant, IA
319-385-2000
www.richardrealtyauction.com