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Residential Real Estate Auction - 6.02 acres
Date & Time: Bidding ends Monday, June 17, 2019 Bidding ends at 7:00 p.m. central with a soft close
Location: 19531 US 75 Highway, Holton, Kansas 66436
Highlights: OPENING BID - $65,000 - 3 bedroom, 2 bathroom, fixer-upper home on 6.02 acres
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Categories: VIEW ITEMS AND BID (1)
Notes: Due to the passing of Albert E. Rodney, Eric Iman Auctions & Reece Nichols will be selling the home at 19531 US 75 Highway, Holton, KS 66436, on 6.02 acres, by online public auction. This auction is in efforts to settle the Albert E. Rodney Estate. The property owner and resident since 2005, Mr. Rodney proudly kept up his home and acreage, though, as it has been over a year since Mr. Rodney's passing, there is a fair amount of deferred maintenance.

Located just off of Hwy 75, less than 4 miles south of Holton, KS, & less than 24 miles north of Topeka, the mostly wooded 6.02 acres has a remote feel. The intersecting creek & abundance of trees leaves less than an acre to mow; the wrap-around deck encourages BBQing, bird watching, outdoor reading, etc. with a vacation home feel. Easy access to the highway makes this a commuter special.

With a reasonable amount of rehab, the new owner of this unique property can establish instant equity. This property sells with confirmation of the estate's executrix, Cathi Eads.

Terms: 1) This is an online only auction. All bidding will take place on the auction company's online bidding platform. CONTRACT FOR SALE OF REAL ESTATE AVAILABLE UPON REQUEST (email: EricImanAuctions@gmail.com)

2) Bidding will end on Monday, June 17, 2019, at 7:00 p.m. central standard time, with a soft close, meaning that a bid within the final minutes will extend bidding by an additional 8 minutes. This will continue until there is an 8 minute interval without a bid. Bidding is not contingent upon financing.

3) Buyer's agent representation must be noted directly following the bidder's registration via email to EricImanAuctions@gmail.com

4) There will be a 4% buyer’s premium added to the final winning bid, to arrive at the contract sale price.

5) The winning bidder will enter into a contract to purchase, which will be sent the the winning bidder via email. The contract must be returned to the auction company (hand delivered, scanned and emailed or faxed) by 5:00 p.m. central time, on Tuesday, June 18, 2019.

6) The sale of this property is subject to the approval of Albert E. Rodney Estate executrix, Cathi Eads.

7) 5% of the contract sale price will be due as a down payment, and shall be submitted to Heartland Title Services Inc, 5990 SW 28th St. E, Topeka, Kansas, to be in possession of Heartland Title Services Inc. by 5:00 p.m. central time on Tuesday, June 18, 2019, and to be held in escrow with Heartland Title Services Inc.

8) Closing shall be conducted by Heartland Title Services Inc, on or before July 26, 2019.

9) Possession shall be given to buyer at closing.

10) Seller shall provide title insurance in the amount of the contract sale price. Title shall be conveyed by a general warranty deed.

11) 2018 and all prior year real estate taxes are responsibility of Seller. 2019 taxes shall be prorated to the date of closing.

12) If internet service or functionality of the website fails in any way, bidder shall have no claims against Eric Iman Auctions, LLC, or anyone else.

13) All lines, maps and photographs are approximate. Bidders should verify all information to their satisfaction.

14) By registering for this auction and placing a bid on the property for sale, you are agreeing to abide by the aforementioned AUCTION TERMS, construed and enforceable under the laws of the State of Kansas.

Directions:
Contact: Eric Iman Auctions LLC
423 E 61st St.
Kansas City MO 64110
Phone: 8163999627
Email Web-page
Bidder number Password

 

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