PROPERTY INFORMATION PACKET THE DETAILS #21 404 E Mulvane St & 206 N. Central Ave Mulvane, KS 67110 AUCTION: Thursday, December 17 @ 6:00 PM 12041 E. 13th St. N., Wichita, KS, 67206 316.683.0612 800.544.4489 www.mccurdyauction.com
Table of Contents PROPERTY DETAIL PAGE LEAD BASED PAINT DISCLOSURE WATER WELL ORDINANCE GROUNDWATER ADDENDUM LEASES/RENTAL AGREEMENTS 404 E. MULVANE #2 404 E. MULVANE #3 206 E. CENTRAL 206 ½ E. CENTRAL INCOME REPORT/RENT ROLL 404 E. MULVANE #2 404 E. MULVANE #3 206 E. CENTRAL ZONING MAP FLOOD ZONE MAP PROPOSED FEMA FLOOD ZONE MAP 2016 AERIAL PLAT MAP GUIDE TO AUCTION COSTS The real estate is offered at public auction in its present, as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or McCurdy Auction, LLC. It is incumbent upon buyer to exercise buyer s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or McCurdy was obtained from a variety of sources and seller and McCurdy have not made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer s premium ($1,500.00 minimum) added to the final bid. 2
MCCURDY CUSTOM - RESIDENTIAL MLS # 513042 County Sedgwick Class Multi-Family Property Type Triplex Area 910 - Mulvane Address 404 Mulvane St E Address 2 City Mulvane State KS Zip 67110 Status Active Asking Price $0 GENERAL List Agent - Agent Name and Phone Megan Rae Niedens - OFF: 316-683-0612 List Office - Office Name and Phone McCurdy Auction, LLC - OFF: 316-683-0612 Co-List Agent - Agent Name and Phone Co-List Office - Office Name and Phone Showing Phone 316-683-0612 Style Converted House Approximate Age 81+ Years Basement Cellar Existing Finance None Owner Finance Y/N No Approx. TFLA 2,009.00 TFLA Source Court House Parcel ID 20173-239-32-0-34-08-008.00 Number of Units 3 On-Site Parking Spaces 1.00 Year Built 1912 # of Efficiency Units 1 # of 1 Bedroom Units 1 # of 2 Bedroom Units 2 # of 3 Bedroom Units 1 Lot Size/SqFt 15260 Rent Per Unit-Efficiency $350 Rent Per Unit - 1 Bedroom $350 Rent Per Unit - 2 Bedroom $475 Rent Per Unit - 3 Bedroom $350 Vacancy Rate % 40.00 School District Mulvane School District (USD 263) Elementary School Mulvane Middle School Mulvane High School Mulvane Subdivision Legal W 9 FT LOT 1-ALL LOTS 2-3 BLOCK 22 CITY OF MULVANE List Date 11/9/2015 Expiration Date 2/9/2016 Realtor.com Y/N Yes Display on Public Website Yes Display Address Yes VOW: Allow AVM Yes VOW: Allow 3rd Party Comm Yes Sub-Agent Comm 0 Buyer-Broker Comm 3 Transact Broker Comm 3 Variable Comm Non-Variable Virtual Tour Y/N No Days On Market 24 Cumulative DOM 24 Cumulative DOMLS Input Date 11/25/2015 4:57 PM Update Date 12/3/2015 Off Market Date Status Date 11/25/2015 HotSheet Date 11/25/2015 Price Date 11/25/2015 IDX Include Y DIRECTIONS (Mulvane) Main & Central - North to homes. FEATURES EXTERIOR CONSTRUCTION All Brick # OF STORIES Two ROOF Composition FLOOD INSURANCE Unknown UTILITIES Natural Gas Public OWNER PAID UTILITIES Electric Gas Lawn Maintenance Trash Water/Sewer TENANT PAID UTILITIES Electric Gas Lawn Maintenance Trash HEATING Forced Air COOLING Central Electric Window Unit PARKING Paved Street Parking APPLIANCES Dishwasher Disposal TERMS OF TENANCY Month to Month 6 Months or Less DOCUMENTS ON FILE Leases Photographs OWNERSHIP Individual SHOWING INSTRUCTIONS Tenants Call Showing #
FEATURES Sewer Water/Sewer BASEMENT USE Owner Storage BASEMENT FINISH PER None Over/Range Refrigerator PROPOSED FINANCING Cash LOCKBOX Combination TYPE OF LISTING Excl Right w/o Reserve AGENT TYPE Sellers Agent FINANCIAL Assumable Y/N Gross Income $1,175.00 General Taxes $2,077.60 General Tax Year 2015 Yearly Specials $29.28 Total Specials $0.00 HOA Y/N No Yearly HOA Dues HOA Initiation Fee 0.00 Earnest $ Deposited With $3,500 PUBLIC REMARKS THIS PROPERTY SELLING IN A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD.) AUCTION DECEMBER 17TH AT 6:00 P.M. DOORS OPEN AT 5:00 P.M. FOR REGISTRATION, OR PRE-REGISTER ONLINE. ALL MULTI-PROPERTY AUCTION PROPERTIES ARE OPEN DECEMBER 13TH FROM 1-5 PM. NO MINIMUM, NO RESERVE!!! Two homes on one lot in Mulvane, Kansas. 404 E. Central (main home): 2,009 Sq Ft 2-story triplex on corner lot with cellar and large wrap around front porch. (1) Studio unit, (1) 1-Bedroom, 1-Bath unit and (1) 3 -Bedroom, 2-Bath unit. Partially fenced yard. Separate exterior entrances. Updated A/C unit in #3 within the year. Owner pays all water/sewer. Separate electric and gas meters. Tenants pay electric, gas and trash. 206 N. Central (second home): Fully rented. All brick 1,750 Sq Ft 2-story duplex with two 2 -Bedroom, 1-Bath units. Spacious living rooms with galley-style kitchens. All appliances transfer including gas range/oven and refrigerator. Separate exterior entrances. Owner pays all utilities. 404 E. Mulvane #1 - Vacant, previously rented at $350/mo 404 E. Mulvane #2 - Currently rented at $350/mo on month-to -month 404 E. Mulvane #3 - Currently rented at $350/mo on month-to-month 206 N. Central - Currently rented at $475/mo with 6 month lease ending December. Tenant wants to stay 206 1/2 N. Central - Currently rented at $475/mo. *Verify schools. The real estate is offered at public auction in its present, as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller s agents. It is incumbent upon buyer to exercise buyer s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller s agents was obtained from a variety of sources and neither seller nor seller s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $3,500. MARKETING REMARKS This property is offered by Megan McCurdy Niedens with McCurdy Auction, LLC. Office: 316-683-0612 Email: mniedens@mccurdyauction.com THIS PROPERTY SELLING IN A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD.) AUCTION DECEMBER 17TH AT 6:00 P.M. DOORS OPEN AT 5:00 P.M. FOR REGISTRATION, OR PRE-REGISTER ONLINE. ALL MULTI-PROPERTY AUCTION PROPERTIES ARE OPEN DECEMBER 13TH FROM 1-5 PM. NO MINIMUM, NO RESERVE!!! Two homes on one lot in Mulvane, Kansas. 404 E. Central (main home): 2,009 Sq Ft 2-story triplex on corner lot with cellar and large wrap around front porch. (1) Studio unit, (1) 1-Bedroom, 1-Bath unit and (1) 3-Bedroom, 2-Bath unit. Partially fenced yard. Separate exterior entrances. Updated A/C unit in #3 within the year. Owner pays all water/sewer. Separate electric and gas meters. Tenants pay electric, gas and trash. 206 N. Central (second home): All brick 1,750 Sq Ft 2-story duplex with two 2-Bedroom, 1-Bath units. Spacious living rooms with galley-style kitchens. All appliances transfer including gas range/oven and refrigerator. Separate exterior entrances. Owner pays all utilities. *Verify schools. The real estate is offered at public auction in its present, as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller s agents. It is incumbent upon buyer to exercise buyer s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller s agents was obtained from a variety of sources and neither seller nor seller s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $3,500. PRIVATE REMARKS 404 E. Mulvane #1 - Vacant, previously rented at $350/mo. 404 E. Mulvane #2 - Currently rented at $350/mo on month-to-month. 404 E. Mulvane #3 - Currently rented at $350/mo on month-to-month. 206 N. Central - Currently rented at $475/mo with 6 month lease ending December. Tenant wants to stay. 206 1/2 N. Central - Currently rented at $475/mo. ALL MULTI-PROPERTY AUCTION PROPERTIES ARE OPEN DECEMBER 13TH FROM 1-5PM. Broker participation is recognized, a 3% referral fee (of the bid amount) is being offered. See Associated Documents for Broker Registration Form. The registration form must be completed and submitted to McCurdy Auction's office by 5pm the business day prior to the real estate auction.
AUCTION Type of Auction Sale Absolute Method of Auction Live Only Auction Location 549 S. Rock Auction Offering Real Estate Only Auction Date 12/17/2015 Auction Start Time 6:00 PM Broker Registration Req Yes Broker Reg Deadline 5 PM Prior Business Day Buyer Premium Y/N Yes Premium Amount 10.00 Earnest Money Y/N Yes Earnest Amount %/$ 3,500.00 1 - Open for Preview Yes 1 - Open/Preview Date 12/13/2015 1 - Open Start Time 1:00 PM 1 - Open End Time 5:00 PM 2 - Open for Preview 2 - Open/Preview Date 2 - Open Start Time 2 - Open End Time 3 - Open for Preview 3 - Open/Preview Date 3 - Open Start Time 3 - Open End Time TERMS OF SALE PERSONAL PROPERTY SOLD How Sold Sale Price Net Sold Price $0 Pending Date Closing Date Short Sale Y/N Seller Paid Loan Asst. Previously Listed Y/N Includes Lot Y/N Sold at Auction Y/N ADDITIONAL PICTURES Selling Agent - Agent Name and Phone Selling Office - Office Name and Phone Co-Selling Agent - Agent Name and Phone Co-Selling Office - Office Name and Phone Appraiser Name Non-Mbr Appr Name
DISCLAIMER This information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decision to purchase. Copyright 2015 South Central Kansas MLS, Inc. All rights reserved.
404 E Mulvane St, Mulvane, KS, 67110 - Flood Zone Legend Base Flood Elevations Cross Sections Flood Way Flood Zones Parcels 0.2 PCT ANNUAL CHANCE FLOOD A; AE; AH; AO X PROTECTED BY LEVEE X 0.0 0 0.02 0.0Miles Map Created On: 11/19/15 1:43 PM This information is not an official record, and cannot be used as such. The user should rely only upon official records available from the custodian of records in the appropriate City and/or County department. Some data provided here and used for the preparation of these maps has been obtained from public records not created or maintained by the City of Wichita. 1: 1,199
404 E Mulvane St, Mulvane, KS, 67110 - Proposed FEMA Map Possibly Effective Late 2016 Legend 100 Year Parcels Proposed to be out of floodplain Proposed to remain in floodplain Proposed to be in floodplain 0.0 0 0.02 0.0Miles Map Created On: 11/19/15 1:46 PM This information is not an official record, and cannot be used as such. The user should rely only upon official records available from the custodian of records in the appropriate City and/or County department. Some data provided here and used for the preparation of these maps has been obtained from public records not created or maintained by the City of Wichita. 1: 1,199
GUIDE TO AUCTION COSTS THE SELLER CAN EXPECT TO PAY Half of the Owner s Title Insurance Half of the Title Company s Closing Fee Real Estate Commission (If Applicable) Advertising Costs Payoff of All Loans, Including Accurred Interest, Statement Fees, Reconveyance Fees and Any Prepayment Penalties THE BUYER CAN GENERALLY EXPECT TO PAY Half of the Owner s Title Insurance Half of the Title Company s Closing Fee 10% Buyer s Premium (If Applicable) Document Preparation (If Applicable) Notary Fees (If Applicable) Recording Charges For All Documents in Buyer s Name Homeowner s Association Transfer / Set Up Fee Any Judgments, Tax Liens, Etc. Against The Seller Recording Charges Required to Convey Clear Title Any Unpaid Taxes and Tax Proration for the Current Year Any Unpaid Homeowner s Association Dues Rent Deposits and Prorated Rents (If Applicable) (If Applicable) All New Loan Charges (If Obtaining Financing) Lender s Title Policy Premiums (If Obtaining Financing) Homeowner s Insurance Premium for First Year All Pre-Paid Deposits for Taxes, Insurance, PMI, etc. (If Applicable) 12041 E. 13th St. N., Wichita, Kansas 67206 316.683.0612 800.544.4489 www.mccurdyauction.com WHAT TO EXPECT