Bidding starts at $40,000
Property Address: 1623 N. High Dr., Wellington, KS
Legal Description: See Property Information Packet Tax Sheet
Property Location: Located on the NW Edge of Wellington
Directions: In Wellington- From W. 8th St, north on Plum St, west on 20th, north on High Drive
Property Description: Excellent land development and investment opportunity in Wellington, KS! This property is already platted and zoned for you for a residential development. Great location that is close enough to the activity, but also separated enough from the direct hustle and bustle of the main city traffic. Buyers will need to verify schools and taxes. Bidding starts at $40,000. All information deemed reliable but not guaranteed.
Soils: Source: USDA-Acres in AOI 15: Bethany silt loam, 0-1 percent slopes 7.1 AC, Bethany silt loam, 1-3 percent slopes 7.9 AC. 100% Class II soils
Minerals: Minerals are believed to be intact and transfer to Buyer.
Tax Information: 2020 Taxes will be prorated at closing based on 2019 taxes of $157.96
Easements: Buyer to accept any and all easements, restrictions, roadways and right-of-ways of records.
Manner of Auction: This is an Online Auction. There is a 10% Buyer Premium. Auctioning as one property to the highest bidder subject to Seller approval. Seller agrees to offer the property prior to auction and authorizes the brokerage to submit any offers. In the event an offer is accepted, brokerage will withdraw the property and cancel the auction.
Earnest Money: Earnest money in the amount of $10,000 is to be made payable to Kansas Secured Title in the form of personal, business, cashier’s check or by wire the day after the auction close and will be applied to purchase at closing. Earnest money deposits are non-refundable. Your bidding is not conditional upon financing.
Closing Date/Location: Closing shall occur on or before October 8th, 2020 at Kansas Secured Title, Wichita, KS.
Possession: At closing
Broker Participation: 3% paid to cooperating agent who registers their buyer in writing with Lange Real Estate 48 hours in advance of the starting date of online bidding. See Broker Participation form.
Click here: MLS Info on Lange Real Estate
This property is selling As-Is-Where-Is, in its present condition and will be accepted by the Buyer(s) without any expressed or implied warranties or representations from the Seller(s) or their agent(s). It is incumbent upon the Buyer(s) to exercise their own due diligence prior to bidding on this property. If the property has improvements of any kind. It is also the responsibility of the prospective Buyer(s) to have any and all inspections completed prior to the start of auction bidding including, but not limited to, roof, structure, termite, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based paint hazards, presence of mold or radon gas, electrical, mechanical, plumbing and any other desired inspections, if any. Information given is from sources deemed reliable, but NOT guaranteed by the Seller(s) or the Realtor(s). All documents will be made available online to prospective buyers prior to auction. If documents are not understood, broker recommends buyer to seek legal advice prior to bidding. Your bid participation acknowledges the acceptance of all documents. Announcements made online or orally prior to the auction will take precedence over any previous statements, printed material or oral information. Successful winning Bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction.
Listing Agent: Rachel Lange & Andrea Guern