
Description
Upcoming Auction! Discover a one-of-a-kind 7-acre estate situated in Northeast Wichita, Kansas. This property offers potential for both development and as an upscale home site, nestled within the Foliage neighborhood and conveniently positioned near businesses, amenities, dining, and schools. The auction will take place on-site with Live and Online Bidding options on Thursday, October 19th at 11:00 AM. The estate encompasses approximately 7 acres of land within the USD 259 school district. The 2022 taxes comprise of an annual general tax of $13,789.23 and special assessments of $8.38, all under SF-5 zoning. Notably, the property includes a charming 4-bedroom ranch-style home spanning 5,242 sq. ft., built in 1967. While the home would benefit from updates, the layout and setting hold potential for those interested in rehabbing. The land is enhanced by a picturesque pond and wooded areas, providing a scenic appeal. A detached equipment shed adds to the property's versatility. This property benefits from a prominent location, experiencing daily high traffic volume and demographics that are crucial for its development potential. This auction presents a unique opportunity to secure a piece of Wichita's prime development land. The property is selling in a "Where Is, As Is condition without any warranties of any kind. Sale is subject to seller confirmation with closing within 45 days. The successful bidder shall be required to deposit $75,000.00 as earnest money the day of the sale. There is a 10% buyers premium that will be added to the final bid price. Auction will be held on site with live and online bidding. All information was obtained from sources believed to be correct but is not guaranteed. Buyers shall rely on their own due diligence of the property and records. All announcements at the Auction take precedence over any printed or advertised material. The property will be sold subject to any applicable Federal, State, and/or Local Government regulations. All acreages, measurements, and other details described are approximate and may not be to scale. The winning bidder must be available immediately following the auction. Auctioneer provides no warranties concerning the online bidding platform's performance and accepts no liability for any damages incurred by bidders during its use, including issues like unacknowledged bids or bidding errors. Bidders are responsible for any risks associated with using the online bidding platform, and the auctioneer is not accountable for any errors or omissions related to bid submission or acceptance. The sale is not contingent upon financing, appraisal or inspection. The property is available for viewing by appointment only. Showings cannot be scheduled until after September 29, 2023.
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4BEDS
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7ACRES
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5BATHS
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21/2 BATHS
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6,254SQFT
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$0$/SQFT
School Information

Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas .
Description
Upcoming Auction! Discover a one-of-a-kind 7-acre estate situated in Northeast Wichita, Kansas. This property offers potential for both development and as an upscale home site, nestled within the Foliage neighborhood and conveniently positioned near businesses, amenities, dining, and schools. The auction will take place on-site with Live and Online Bidding options on Thursday, October 19th at 11:00 AM. The estate encompasses approximately 7 acres of land within the USD 259 school district. The 2022 taxes comprise of an annual general tax of $13,789.23 and special assessments of $8.38, all under SF-5 zoning. Notably, the property includes a charming 4-bedroom ranch-style home spanning 5,242 sq. ft., built in 1967. While the home would benefit from updates, the layout and setting hold potential for those interested in rehabbing. The land is enhanced by a picturesque pond and wooded areas, providing a scenic appeal. A detached equipment shed adds to the property's versatility. This property benefits from a prominent location, experiencing daily high traffic volume and demographics that are crucial for its development potential. This auction presents a unique opportunity to secure a piece of Wichita's prime development land. The property is selling in a "Where Is, As Is condition without any warranties of any kind. Sale is subject to seller confirmation with closing within 45 days. The successful bidder shall be required to deposit $75,000.00 as earnest money the day of the sale. There is a 10% buyers premium that will be added to the final bid price. Auction will be held on site with live and online bidding. All information was obtained from sources believed to be correct but is not guaranteed. Buyers shall rely on their own due diligence of the property and records. All announcements at the Auction take precedence over any printed or advertised material. The property will be sold subject to any applicable Federal, State, and/or Local Government regulations. All acreages, measurements, and other details described are approximate and may not be to scale. The winning bidder must be available immediately following the auction. Auctioneer provides no warranties concerning the online bidding platform's performance and accepts no liability for any damages incurred by bidders during its use, including issues like unacknowledged bids or bidding errors. Bidders are responsible for any risks associated with using the online bidding platform, and the auctioneer is not accountable for any errors or omissions related to bid submission or acceptance. The sale is not contingent upon financing, appraisal or inspection. The property is available for viewing by appointment only. Showings cannot be scheduled until after September 29, 2023.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2023 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-09-22T16:01:17.367.