18+- Acres at 55th St South and South Meridian, Wichita, Kansas
* ONLINE ONLY AUCTION *
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The Dorothy M. Leis Revocable Trust, Seller
PROPERTY DESCRIPTION: 18+- acres located just 1/4 mile south of Campus High School on Meridian. Access is provided by blacktop frontage all along the east boundary. Although not farmed recently, that is one of the past uses of the property as evidenced by the use of neighboring properties as tillable farm ground.
LEGAL DESCRIPTION: The South Half of the Northeast Quarter of the Northeast Quarter of Section 25, Township 28 South, Range 1 West of the 6th P.M., Sedgwick County, Kansas, EXCEPT that part taken in Condemnation Case #A-29459.
LAND LOCATION: From HWY 235 in southwest Wichita, south on Meridian 2 1/2 miles.
2022 REAL ESTATE TAXES: $142.38
TERMS: It will be your bid times 18 plus a 10% buyers premium added to the high bid to determine the contract price. Earnest money is $20,000 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 January 8, 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 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. Fence lines, boundaries, and acreages are not guaranteed. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.