ONLINE ONLY ABSOLUTE AUCTION: 9+- Acres in El Dorado & Residential Lot
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*AUCTION WILL BE ONLINE ONLY*
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TRACT 1 – PROPERTY DESCRIPTION: Unique opportunity to purchase 9 acres within El Dorado city limits. Easy access to Kansas Turnpike and HWY 254. Future residential or commercial development. Landowner oil royalty will transfer to buyer.
TRACT 1 – 2019 GENERAL REAL ESTATE TAXES: $2,591.96
TRACT 1 – 2019 SPECIAL REAL ESTATE TAXES: $4,174.76
TRACT 1 – TOTAL SPECIALS REMAINING: $42,943.79
TRACT 1 – EARNEST MONEY: $1,000 to Kansas Secured Title
TRACT 2 – PROPERTY ADDRESS: 301 N Northern St, El Dorado, KS 67042
TRACT 2 – PROPERTY DESCRIPTION: Vacant lot measuring 9,963 square feet. Ready to build your home. Circle school district.
TRACT 2 – 2019 GENERAL REAL ESTATE TAXES: $277.76
TRACT 2 – 2019 SPECIAL REAL ESTATE TAXES: $1,763.10
TRACT 2 – TOTAL SPECIALS REMAINING: $14,353.91
TRACT 2 – EARNEST MONEY: $1,000 to Kansas Secured Title
TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. AUCTION WILL SOFT CLOSE BEGINNING AT 4PM ON July 9, 2020. If a bid is received within 60 seconds of auction end, the auction will extend 1 minute. 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 August 7, 2020. 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. All announcements made the day of the auction take precedence over any other announcements or printed material.
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