Closed

521 Post Rd, El Dorado, KS 67042

About This Auction

* Online Only Auction *

Property Address

521 Post Rd El Dorado, Kansas 67042

Property Description

Excellent opportunity to invest in a property that will allow you to add value and equity! This 3 bed 2 bath 1,794 square foot home offers custom floor plan, large fenced in backyard, and an oversized two car garage with ample storage. This home is located on desirable Post Rd in northeast El Dorado, just minutes from El Dorado Lake and Prairie Trails Golf Course! 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!

2024 REAL ESTATE TAXES: $2,531.46

Legal Description

Lot 7, Block 1, COUNTRYSIDE, a subdivision in the East Half of the Southeast Quarter of Section 26, Township 25 South, Range 5 East of the 6th P.M., now an addition to the City of El Dorado, Butler County, Kansas.

Terms

REAL ESTATE AUCTION TERMS: Bidding will close at 4:00 PM on Thursday May 15 2025 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 $10,000 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 June 16, 2025. 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.