Investment Real Estate Auction – 1005 S Shelden St, El Dorado, KS 67042
* ONLINE ONLY AUCTION *
* DOWNLOAD THE SUNDGREN REALTY APP TODAY *
* BIDDING OPENS AUGUST 28 *
PROPERTY ADDRESS: 1005 S Shelden St, El Dorado, KS 67042
PROPERTY DESCRIPTION: Excellent opportunity to invest in a property that will allow you to add value and equity! This 3 bedroom 1 bath home has a covered front porch, fenced in backyard, and offers 1,525 square feet of finished living space. Floor plan flows nicely between the 2 living rooms, the 2nd living room could easily be a 4th bedroom! This property is a great candidate for an owner/occupant or investor. Take a look at this opportunity to Invest In Real Estate! Gas is off due to leak near stove, pressure test is required to reinstate service.
2023 REAL ESTATE TAXES: $1,894.82
LEGAL DESCRIPTION: Beginning 184.1 feet West of the Northeast Corner of the South Half of the Northwest Quarter of the Northeast Quarter of the Northeast Quarter of Section 10, Township 26 South, Range 5 East; thence West 120 feet; thence South 70 feet; thence East 120 feet; thence North 70 feet to the Point of Beginning, Butler County, Kansas
REAL ESTATE AUCTION TERMS: Bidding will close at 4:00 PM on Wednesday September 4, 2024 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 immediately following the conclusion of the auction and be purchasing the property subject to the preliminary title search report also linked above. Non refundable earnest money is $5,000 due immediately following the conclusion of the auction. The balance of the purchase price shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before October 4, 2024. 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 selling “as is”, not 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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