1012 W Towanda Ave, El Dorado, KS 67042 - Investment Real Estate Auction

Auction Location

 TUESDAY NOVEMBER 26, 2024 4:00 PM  ONLINE ONLY AUCTION: Download The Sundgren Realty App Today!

Real Estate Taxes

2023 REAL ESTATE TAXES:  $1,888.02

* Online Only Auction *

Property Address

 1012 W Towanda Ave., El Dorado, KS 67042

Property Description

 Excellent opportunity to invest in a property that will allow you to add value and equity! This 2 bed 1.5 bath home has a nice covered front porch, fenced in backyard, and large detached garage. This home has owner-occupant possibility OR add it to your portfolio, this property checks multiple boxes! If you are looking for the ideal candidate to restore and retain for investment income or resale, take a look at this opportunity to Invest In Real Estate!

Legal Description: 

Lots 16, 17, and the south 41.73 feet of Lot 18, and the south half of Lot 19, Broughal Heights, a Subdivision of Block 36, Wilson’s Addition to the City of El Dorado, Butler County, Kansas.

Terms

REAL ESTATE AUCTION TERMS: Bidding will close at 4:00 PM on Tuesday November 26, 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 December 27, 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.