11 Acres at 949 NW HWY 196 Near El Dorado Kansas
* ONLINE ONLY AUCTION *
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* BIDDING OPENS JUNE 13 *
Ryan and Lenzi Kaub, Sellers
PROPERTY ADDRESS: 949 NW HWY 196, El Dorado, KS 67042
PROPERTY DESCRIPTION: 11 acres on HWY 196 just minutes from El Dorado. With easy access to Towanda, Andover, and Wichita, this property has great potential as a home building site. Current improvements include a rural water meter currently hooked up to outdoor spigots, 2 shops, lean-to and windmill. The north shop offers electricity, concrete floors, sliding and walkthru doors. The south shop offers electricity, concrete floors, insulation, overhead and walkthru doors. Two entrances are currently in place off HWY 196. Kansas Whitetail deer have been known to frequent the property. Invest in Real Estate, Invest in Land!
LEGAL DESCRIPTION: Long legal, please refer to title insurance report. Land will transfer surface rights only.
LAND LOCATION: From El Dorado KS, west on Central/HWY 254 to HWY 196, north on HWY 196 1.5 miles to property.
EARNEST MONEY: $10,000
2023 REAL ESTATE TAXES: $1,098.54
REAL ESTATE PURCHASE CONTRACT
PRELIMINARY TITLE INSURANCE COMMITMENT
TERMS: Bidding will close at 4:00 PM Central on Thursday June 20, 2024 or once no additional bids have been placed for 2 minutes. Bidding will be total dollars plus a 10% buyers premium to arrive at the contract price. Earnest money is $10,000 due at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before July 22, 2024. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing or inspections. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. Fence lines, boundaries, and acreages are not guaranteed. All pertinent information is available upon request.
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