3 Bedroom, 1 Bath Home For Sale by Auction, 878 S Fredrick, El Dorado, KS 67042

CURRENTLY RENTED FOR $850 A MONTH!

PROPERTY DESCRIPTION: Very nice and updated 3 bedroom 1 bath ranch style home with a finished basement! It features 968 square feet on the main level with a full finished basement.  Exterior is in great shape and features low maintenance siding. New concrete driveway, sidewalk, and garage floor less than 12 months old.  Home has a non-conforming room in the basement that could easily be converted in to a 4th bedroom with the window well that is included in this auction. Just have it installed for an additional bedroom!  Stainless appliances in the kitchen STAY with the property. Backyard is fenced and features a large two story deck and storage shed.  New 30 year heritage roof and air conditioner unit will be upgraded before date of auction! Home is located in the 100 year flood plain and current flood insurance is $1400/year.  Tenant’s $950 deposit will transfer to the buyer at closing. This home is a can’t miss way to get a quality investment property or great first home!! Call us today to schedule a showing!

LEGAL DESCRIPTION: Lot 4, Block 2, CORRECTED KROPF ADDITION, to El Dorado, Butler County, Kansas

2014 REAL ESTATE TAXES: $1,278.44

TERMS:  Earnest money is $2,500 down 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 23, 2015. Closing fee and title insurance fee will be split 50/50 between Seller and Buyer. Seeing 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 any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.