THE LARGE ABSOLUTE REAL ESTATE AUCTION OF DAVE AND SHARON MESCHKE

ABSOLUTE REAL ESTATE AUCTION

HERE IS A RARE OPPORTUNITY TO PURCHASE REAL ESTATE AT YOUR PRICE; ALL REAL ESTATE SHALL SELL TO THE HIGHEST BIDDER REGARDLESS OF PRICE

AUCTION LOCATION: 406 THRUEN STREET, MORRISTOWN, MN 55052 (SOUTH WEST SIDE OF TOWN)

SATURDAY APRIL 24TH 2010

10:00AM SHARP

17 SEPARATE PARCELS ALL SELLING AT PUBLIC AUCTION TO THE HIGHEST BIDDER

~ NEW HOME ~ TWIN HOMES ~ 14 BARE CITY LOTS ~

ALL REAL ESTATE IS LOCATED IN A NEW ADDITION IN MORRISTOWN, MN

THE MESCHKE SOUTH HAVEN ADDITION

~ NEW 3 BEDROOM, 3 CAR ATTACHED. SPLIT LEVEL HOME ~

** ADDRESS 406 THRUEN STREET, MORRISTOWN, MN 55052

** 3 BEDROOM, 3 CAR ATTACHED, SPLIT LEVEL HOME

** OVER 2200 SQUARE FEET OF LIVING AREA

** LOT SIZE: 100’X134’

** CITY WATER, CITY SEWER

** LENNOX FORCED AIR NATURAL GAS FURNACE WITH CENTRAL AIR

** SUMP PUMP, 200 AMP ELECTRICAL SERVICE

** 2110 REAL ESTATE TAXES ARE $1814

** ESTIMATED TAX VALUE $172,300

** BUYERS NEED TO PUT IN CARPET, PLUMING FAUCETS

~ NEW 2 BEDROOM, 2 CAR ATTACHED TWIN HOME ~

** ADDRESS 310 THRUEN STREET MORRISTOWN, MN 55052

** NEW 2 BEDROOM, 2 CAR ATTACHED, TWIN HOME

** 1373 SQUARE FEET OF LIVING AREA

** LOT SIZE: 54’X131’

** CITY WATER, CITY SEWER

** LENNOX FORCED AIR NATURAL GAS FURNACE WITH CENTRAL AIR, 150 AMP ELECTRICAL SERVICE

** MASTER BATH AND WALK-IN CLOSETS

** BUYERS NEED TO PLACE CARPETING AND PLUMING FAUCETS

** 6 PANEL OAK DOORS, OAK CABINETRY, BAY WINDOWS

** TAXES FOR 2010 $1418

** ESTIMATED TAX VALUE $134,700

~ NEW TWIN HOMES WITH 2 CAR ATTACHED GARAGES  ~

** ADDRESS 311 THRUEN STREET MORRISTOWN, MN 55052

** 2= 2 CAR ATTACHED TWIN HOMES (SHELL ONLY, NOT FINISHED)

** LOT SIZE: 115’X127’

** EACH SIDE SHALL HAVE APPROXIMATELY 1373 SQUARE FEET OF LIVING AREA

** ONE SIDE IS STUDDED ROOMS, AND CONCRETE FLOORS WITH ELECTRIC SERVICE; OTHER SIDE HAS SHELL AND ELECTRICAL SERVICE ONLY

** CITY WATER, CITY SEWER

** BOTH SIDES ARE SET-UP FOR 2 BEDROOMS, 2 BATHS, 2 CAR ATTACHED GARAGE

** TAXES FOR 2010 ARE $1882 FOR BOTH SIDES

** ESTIMATED TAX VALUE $139,100

** BUY THESE 2 TWIN HOMES FINISH THEM SPLIT THEM AND SELL THEM

~ 14 BARE CITY LOTS IN THE “MESCHKE SOUTH HAVEN 3RD ADDITION” IN THE CITY OF MORRISTOWN, MN 55052 ~

** BLOCK ONE: LOT 1 & 2

** BLOCK TWO: LOT 1, 2, 3, 6, 7, 8, 9 & 10

** BLOCK THREE: LOT 2, 3 & 4

** BLOCK SIX: LOT 1

** ALL LOTS HAVE CITY WATER AND CITY SEWER

** ALL LOTS WILL SUITE A SINGLE FAMILY HOME

OPEN HOUSE DATES

SUNDAY APRIL 11TH       12:00PM – 2:00PM

SUNDAY APRIL 18TH       12:00PM – 2:00PM

WEDNESDAY APRIL 21ST                  6:00PM – 7:00PM

TERMS: FOR NEW SPLIT LEVEL HOME AND TWIN HOMES ARE $10,000 DOWN THE DAY OF AUCTION (WHICH IS NON-REFUNDABLE IF BUYER(S) FAIL TO CLOSE AND PAY SELLERS IN FULL). THE BALANCE IS DUE AND PAYABLE IN FULL TO SELLER ON OR BEFORE JUNE 1, 2010 AT WHICH TIME THE BUYER SHALL RECEIVE A CLEAR AND MARKETABLE TITLE. ON THE 14 BARE CITY LOTS $2,000 PER LOT THE DAY OF THE AUCTION (WHICH IS NON-REFUNDABLE IF BUYER(S) FAIL TO CLOSE). THE BALANCE IS DUE AND PAYABLE IN FULL ON OR BEFORE JUNE 1, 2010 AT WHICH TIME THE BUYER SHALL RECEIVE CLEAR AND MARKETABLE TITLE. ALL REAL ESTATE IS SELLING IN AS-IS CONDITION, WITH NO REPRESENTATION FORM SELLERS WHAT-SO-EVER EXCEPT FOR DELIVERING A CLEAR TITLE. ALL REAL ESTATE SELLS WITH ANY AND ALL RECORD OF MATTER, BIDDER AND BUYERS SHALL INSPECT ALL REAL ESTATE BEING SOLD AND MAKE THEIR OWN ASSESSMENT AND JUDGMENT TO CONDITION AND VALUE. ALL BIDDERS AND BUYERS SHALL HAVE ALL FINANCES IN ORDER PRIOR TO AUCTION DATE AND PRIOR TO BIDDING AT THE AUCTION. ALL REAL ESTATE SELLS WITH NO-CONTINGENCIES WHAT-SO-EVER. A 5% BUYERS FEE APPLYS TO THIS REAL ESTATE AUCTION, THIS 5% BUYERS FEE SHALL BE ADDED ABOVE AND BEYOND THE FINAL BID PRICE TO EQUAL FULL PURCHASE CONTRACT PRICE. ANY ANNOUNCEMENTS MADE BY THE SELLERS OR ANY OF THEIR AGENTS MAY TAKE PRECEDENCE OVER ANY AND ALL PRINTED MATERIAL. ALL BUYERS SHALL SIGN A STANDARD AS-IS, NO CONTINGENCIES MN PURCHASE AGREEMENT THE DAY OF AUCTION ALONG WITH AN EARNEST MONEY CHECK.

ALL REAL ESTATE SELLS TO THE HIGHEST BIDDER REGARDLESS OF PRICE

THIS IS AN ABSOLUTE REAL ESTATE AUCTION

DAVID W. & SHARON A. MESCHKE

MATT MARING AUCTION CO. INC.,

MATT MARING LIC#: 25-08

KEVIN MARING LIC#: 25-70

507-789-5421

800-801-4502

507-951-8354

CHARLIE SINNWELL LIC#: 20-01

507-634-2991