Auction Information
4.5 acres bordering Veterans Lake on 6th Street in SW Arkansas City, KS
Auction Date: WEDNESDAY OCTOBER 17, 2018 6:00 PM
Auction Location: QUALITY INN, 3232 N SUMMIT ST ARKANSAS CITY, KS 67005
Tract 3 of 3:
PROPERTY DESCRIPTION: 4.5 acres located bordering Veterans Lake on 6th Street in southwest Arkansas City, Kansas with pasture, timber, and a pond! Currently zoned Vacant Lots according to Cowley County, with residential noted as the highest and best use. Great opportunity to own land for a potential home building site or location to camp, fish, and relax!
LEGAL DESCRIPTION: All of Block A and Lots 1 and 2 and Lots 27 and 28 of Block B in Riverside Addition to the City of Arkansas City, Cowley County, Kansas, subject to railroad right of way.
2017 REAL ESTATE TAXES: $234.22.
EARNEST MONEY: $2,500.
TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. Earnest money is specified above and due at the conclusio...
TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. Earnest money is specified above and 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 November 16, 2018. 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.
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LAND LOCATION: From Summit St at the Cowley College Athletic Facility, West on Pierce to 6th St.