1126, 1128 & 1204 W. 6th Ave., El Dorado, KS 67042 – Online Only Real Estate Auction
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PROPERTY ADDRESS: 1126, 1128 & 1204 W. 6th Ave., El Dorado, KS 67042
PROPERTY DESCRIPTION: 140′ x 196′ of vacant lot frontage to W. 6th Ave., also known as the El Dorado northwest truck route. This .6 acre lot offers possible commercial potential.
LEGAL DESCRIPTION: Tract 1: Lot 9, in SHEA’S ADDITION to the City of El Dorado, together with the South 20 feet of the vacated Rowlen Avenue adjacent on the North, all in Butler County, Kansas.Tract 2: The East 40 feet of Lot 10, SHEA’S ADDITION to the City of El Dorado prior to the vacation thereof AND the South 20 feet of the vacated Rowlen Avenue adjacent thereof, in Butler County, Kansas. Tract 3: Lot 8 in SHEA’S ADDITION to the City of El Dorado, in Butler County, Kansas. This .6 acre lot offers possible commercial potential.
2022 REAL ESTATE TAXES: $332.50
EARNEST MONEY: $5,000
REAL ESTATE PURCHASE CONTRACT
PRELIMINARY TITLE INSURANCE
TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price on each tract. The successful high bidder shall be required to sign the real estate purchase contract linked above immediately following the conclusion of the auction, and they will be purchasing the property subject to the preliminary title insurance also linked above. Earnest money is specified above and 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 October 18, 2023. 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. All pertinent information is available upon request.
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