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AUCTION: 4540 SW Shumway, 10+- Acres, Home & Large Garage, Building, Pond

  • Auction Date: FRIDAY MAY 20, 2022 11:00 AM
  • Auction Location: 4540 SW SHUMWAY RD, EL DORADO, KS 67042
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OPEN HOUSE: MONDAY MAY 16 3-5 PM

Charles Grisham, Seller

PROPERTY ADDRESS: 4540 SW Shumway Rd, El Dorado, KS 67042

PROPERTY DESCRIPTION: 10+- acre property just minutes from El Dorado, Towanda and Augusta. Improvements include a 1975 built 3 bed, 3 bath home overlooking a pond with HUGE 50′ x 24′ garage and 60′ x 42′ building. This property has a ton of potential, check it out and let your imagination run wild!

LEGAL DESCRIPTION: Long legal, refer to title search report for exact legal.

TITLE INSURANCE SEARCH REPORT
REAL ESTATE PURCHASE CONTRACT

TERMS: 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 and be purchasing the property subject to the preliminary title search report also linked above. Non refundable earnest money is $10,000 due at the conclusion of the auction unless other arrangements have been made by Buyer prior to bidding. The balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before June 20, 2022. 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, 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. Boundary lines and fence lines are not guaranteed. All pertinent information is available upon request. Auction will be live and on-site ONLY.

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