NOTE: PROSPECTIVE BUYERS MUST SIGN THE TERMS & CONDITIONS DOCUMENT PRIOR TO BEING APPROVED TO BID. Contact our office (712-487-3542) or have your realtor contact our office for a copy of the documents to sign.

Terms & Conditions
Auction: Online from Saturday, November 1, 2025 through 7:00PM CST Thursday, November, 20th, 2025
Please note: With online bidding, we will be utilizing a soft close which means if anyone bids with a minute or less remaining, the auction will be extended by one minute and will continue until no more bids are received.
Property Address of House: 2733 2nd Ave., Council Bluffs, IA 51501.

Purchase Agreement: Successful bidder will enter into a purchase agreement immediately after being declared the winning bidder by the Auctioneer. PLEASE NOTE: The purchase agreement will offer NO CONTINGENCIES for financing, property condition, or any other alterations to the contract. Property is being sold "AS IS". Prospective Buyers are urged to inspect the property prior to the auction date to their own satisfaction.
Earnest Deposit: Successful bidder will provide an Earnest Deposit in the amount of $10,000 within 24 hours of the close of the auction, which will be deposited in the Trust Account of Ambassador Title Services. Deposit will only be refunded if the SELLER defaults, or if required by Iowa law. If Buyer fails to close for any reason, they will forfeit the Deposit.
Taxes: Taxes will be prorated to the date of closing based on the most recent available assessment.
Closing: Closing to be on or before December, 19, 2025. Closing to be conducted by Ambassador Title Services with the closing fee of up to $800 to be split 50/50 between the Buyer and the Seller.
Possession: Buyer will receive possession upon successful closing, recording, and filing of all required documents.
Title: Seller will provide Clear & Marketable Title with Title Insurance provided through Ambassador Title Services. Cost to be split 50/50 between buyer and seller.
Easements: Sale is subject to any and all Easements and Right of Ways of record.
Personal Property: Any personal property remaining on the premises at closing is the property of the Buyer.
Agency: Menke Auction & Realty and their agents are acting as Exclusive Agents for the Sellers.
Buyer's Premium: A 2.5% Buyer's Premium will be added to the buyers' final bid to determine contract price.
All information is from sources deemed reliable by Menke Auction & Realty, however no
guarantee or warranty to its accuracy is given. Buyers are encouraged to research any information to their own satisfaction. All statements made the day of the auction take precedence over all printed material.


This is an INTERNET ONLY AUCTION. All bidding activity will take place online.

SELLING AT ONLINE AUCTION THURSDAY NOVEMBER 20th @ 7PM - Check out this 4 bedroom, 1 bath, ranch style home with fully fenced yard, and off street parking off alley. The Minimum Opening bid is $140,000 and the home will sell without reserve once that or higher bids have been received. A Buyers Premium of 2.5% of the Final High Bid will be added to determine final Contract Price. Home would make a great starter home or invesment property. Contact listing office for complete list of The Terms & Conditions of the Auction and instructions on how/where to Bid. Bidding will open on Saturday, November 1st and will close on Thursday, November 20th. Prospective Buyers must register no later than 5:00 PM CST on November 19th to ensue time to be approved to bid.