El Dorado, KS 67042 - Butler County

Auction Date: TUESDAY MAY 4, 2021 6:00 PM

Auction Location: EL DORADO CIVIC CENTER, 201 E CENTRAL AVE, EL DORADO KS

James L & Debra L Lucas Joint Revocable Trust, Seller

PROPERTY DESCRIPTION: 54.5 acres bordering the El Dorado Lake property northeast of El Dorado, Kansas! This unique opportunity sits just 400 from the lake shoreline, and less than 1/2 mile from a public boat ramp. Views of the El Dorado lake and surrounding area are beautiful! Currently utilized as native Flint Hills hay meadow, this property would make a great investment for continued agriculture use or a future home building site. There is an electric line along the south boundary road frontage. With the Corps of Engineers owning most all of the land around the lake, this truly is one of the few opportunity to have such a location! Invest In Land!!

LEGAL DESCRIPTION: Long legal, call Sundgren Realty 316 321 7112 for details.

2020 REAL ESTATE TAXES: $165.14.

TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. Earnest money in the amount of $10,000 shall be 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 June 4, 2021. 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 or inspections. 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.