Fredonia Kansas Land, Wilson County: 35.8 Acres, Old House, Barns, 6 Ponds, Tillable, Trees, & Gas Income
*AUCTION WILL BE ONLINE ONLY*
Online bidding will begin on July 20!
PROPERTY ADDRESS: 8942 Gove Rd, Fredonia Kansas 66736
PROPERTY DESCRIPTION: 35.8 acres with a large number of features! 6 ponds, high quality tillable farm ground, gas well income, trees, plus an old house and barns. If you are looking to fix up an old farm house and buildings, want an affordable sized acreage to enjoy, or have desire to build a new home, this property offers all of those options and more! Great opportunity to Invest In Land!
LEGAL DESCRIPTION: The Northeast Quarter of the Northeast Quarter (NE/4 NE/4) of Section Twenty-seven (27),Township Twenty-nine (29) South, Range Fourteen (14) East of the Sixth Principal Meridian,Wilson County, Kansas, EXCEPT any portion thereof used for railroad
2020 REAL ESTATE TAXES: $602.76
LAND LOCATION: From Fredonia, south on 3rd St (Harper Rd) 1 3/4 mile to 900 Rd, West 1 mile to the property.
REAL ESTATE PURCHASE CONTRACT
TITLE INSURANCE COMMITMENT
TERMS: Bidding will close at 4:00 PM on July 30th or once no additional bids have been placed for 2 minutes. There will be a 10% buyers premium added to the high bid to determine the contract price. The successful high bidder shall be required to sign the real estate purchase contract linked above and be purchasing the property subject to the preliminary title insurance commitment also linked above. Non refundable earnest money is $10,000 due within 24 hours after the conclusion of the auction via wire transfer or check delivered to 218 E Central Ave, El Dorado Kansas. The balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before August 30, 2021. 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, inspections, or appraisal. 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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