EL DORADO, KS MULTI-PROPERTY REAL ESTATE AUCTION (3)

AUCTION DATE:  Thursday July 10, 2014 6:00 P.M.
PROPERTY LOCATION:  317 W. Olive, El Dorado, Ks.  Auction will be held on-site.

PROPERTY DESCRIPTION:  This is a new construction home that is ready for you to complete!  The concrete slab home has a metal roof, stud walls in place, some HVAC, wiring, and plumbing complete, waiting for your custom finishing touches.  This property sits on a nice corner lot.
LEGAL DESCRIPTION:  Lot 5 EXCEPT the East 50 feet thereof AND the North 28 feet of Lot 6 EXCEPT the East 50 feet thereof, Block 13, ORIGINAL Town, now City of El Dorado, Butler County, Kansas.
2013 REAL ESTATE TAXES:  $861.26 general taxes, $50.03 special taxes.
TERMS:  Earnest money for the real estate will be $2,500 due at the conclusion of the Auction and the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before August 11, 2014. 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. Interested buyers need to view the property prior to the date of the auction and have financing available prior to bidding.