EL DORADO, KS 4 BEDROOM REAL ESTATE AUCTION

AUCTION DATE:  Wednesday August 20, 2014 5:30 P.M.
AUCTION LOCATION:  308 N. Summit, El Dorado, Ks 67042

PROPERTY DESCRIPTION:  4 bedroom 1 1/2 bath home with an attached garage and two storage buildings in the back yard.  The main floor has a bedroom, entry way, living/family room, kitchen, and laundry room.  The kitchen has nice oak cabinets and a stove/oven.  The large laundry room has a sink, washer, and dryer.  There are 3 nice big bedrooms on the 2nd floor.  The house has central heat and window air.  This home has a nice front porch area with good shade.  This property would make an excellent home for a growing family or a great investment property.  The house will be open 1 hour prior to the auction or available to be viewed by appointment.
LEGAL DESCRIPTION:  Fairmount-Adams Add., beginning 131N SW/c BLK 3 N44 E150 S44 E150 to POB.
2013 REAL ESTATE TAXES:  $1245.66 general and $27.00 special.
TERMS:  There will be a 10% buyers premium added to the high bid to determine the contract price.  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 September 19, 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. Personal property payment accepted is cash or check with proper ID.