37.85 +/- Acres N 279th St W Mount Hope, KS 67108

Facts

• Property ID: 897250068
• MLS Number: 641421
• Property Type: Vacant Land
• County: SEDGWICK
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Online only auction, bidding closing August 1st at 4:00 PM. 37.85 Acres N. 279th St W. Mount Hope KS Lot 2 features 38 acres of opportunity! Here is your chance to own a piece of Northern Sedgwick County! Imagine building your dream home on this gorgeous acreage. with a convenient and easy commute to west Wichita for all your shopping and entertainment needs. This property has everything you need to create your own little slice of paradise: Creek running through the property Blacktop frontage Less than 15 minutes to 53rd and Maize Rd Mature trees for added charm 1/2 mile from K96 This will be sold "by the acre." This means bids are placed based on the price per acre, not a single total price for the entire plot. Let's illustrate with an example: Imagine a 37-acre parcel is up for sale "by the acre." The highest bid might be $7,500 per acre. To find the total cost, you'd multiply the price per acre by the total number of acres: $7,500/acre * 37 acres = $277,500. Bidding will be by the acre times 38 Acres. Land sale price is based on whole acres. This means a 121.7-acre parcel will be listed as 122 acres. This is a Multi-Par auction, you can bid separate or together on these lots. 10% buyer premium will be added to the final bid and make up the final contract price. Property is selling in its as-is present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyers responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. ALL taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. The Seller reserves the right to accept any offer made prior to the auction close, regardless of the current highest bid, only if the reserve price has not been met. In the event of an acceptable pre-auction offer, the auction will be immediately terminated and the highest bidder notified. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $15,000.00 Per Parcel.