Rural Real Estate Auction – House & Shop Building, 29.4 Acres, East of El Dorado Ks

CLICK HERE FOR PERSONAL PROPERTY AUCTION DETAILS

Estate of Steven Morgan, Seller

PROPERTY DESCRIPTION: 2 bedroom 2 bath home with full unfinished basement on 29.4 acres east of El Dorado. 1/2 mile of Bird Creek makes up the south boundary of the property. Lined with beautiful, mature trees that include massive Oak Trees among others, this property provides excellent habitat for wildlife of all kinds. Kansas Whitetail Deer and Turkeys are especially common sights on the property. The balance of the land has a pond, native pasture, and an abundance of character.

IMPROVEMENTS: The 2 bedroom 2 bath home was built in 1997 by Wardcraft. The main level has 1456 square feet of living area, and the full basement is unfinished. Built offsite, but built better than many contractor grade homes. Wardcraft homes are a “study in structural superiority, from the 2′ x 6′ top cord of the engineered truss roof system through the 2′ x 6′ exterior walls, right down to the 2′ x 10′ Douglas fir floor joints.” The house has propane and a 5000 gallon septic tank with laterals. According to the FEMA maps, it appears the house and building are in the 100 year flood zone, HOWEVER we have just had an elevation certificate performed that will remove the structures on the property from the flood plain!

LAND LOCATION: From El Dorado Kansas, 6 miles East on HWY 54 to Ellis Rd, 1/2 mile South to the property.

2019 REAL ESTATE TAXES: $2025.92.

TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. Earnest money is $10,000 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 April 15, 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, 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. All announcements made the day of the auction take precedence over any other announcements or printed material.