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Property Information Packet
625 N. Topeka Ave. Wichita, KS 67214
Multi-Property Auction
Holiday Inn (549 S. Rock Rd.)
THURSDAY, August 27, 2015 @ 5:00PM
Copyright 2015 McCurdy Auction, LLC
12041 E. 13th • Wichita, Kansas 67206
Phone 316.683.0612 • Fax 316.683.8822
2
Table of Contents
PROPERTY DETAIL PAGE
SELLERS DISCLOSURE
LEAD BASED PAINT DISCLOSURE
WATER WELL ORDINANCE
GROUNDWATER ADDENDUM
HISTORIC INFORMATION
ZONING MAP
FLOOD ZONE MAP
PROPOSED FEMA FLOOD ZONE MAP 2016
AERIAL
PLAT MAP
GUIDE TO AUCTION COSTS
This Property is selling in its present condition and is accepted by the buyer(s) without any expressed
or implied warranties or representations from the seller(s) or his(her) agent(s). It is incumbent upon
the buyer(s) to exercise his(her) own due diligence prior to bidding on this property. It is the
responsibility of the prospective purchaser(s) to have any and all inspections completed prior to the
auction day including, but not limited to, roof, structure, termite, environmental, groundwater, survey,
encroachments, groundwater, flood designation, zoning designation, school zone designation,
existence of any code violations, drainage, presence of lead-based paint and/or lead-based paint
hazards, presence of radon, presence of asbestos, presence of mold, electrical, appliances, heating,
air conditioning, mechanical, plumbing (to include water well, septic or lagoon compliance), sex
offender registry information, flight patterns and any other desired inspections, if any. Information
given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s)®
/Auctioneer(s). Announcements made the day of the auction shall take precedence over anything
previously stated or printed. There will be a 10% Buyers Premium ($1000 minimum) added to the
high bid price to arrive at the final contract price.
ALL FIELDS CUSTOMIZABLEMLS # 507886County SedgwickClass Multi-FamilyProperty Type Apartment ComplexArea 416Address 625 N Topeka AveAddress 2City WichitaState KSZip 67214Status ActiveContingency ReasonAsking Price $0Sale/Rent AuctionOriginal Price $0Agent Hit Count 14Client Hit Count 11Associated Document Count 0Picture 24
GENERALStyle GardenApproximate Age 81+ YearsBasement Lower LevelExisting Finance NoneApprox. TFLA 9,213.00TFLA Source Court HouseNumber of Units 24On-Site Parking Spaces 0.00Year Built 1929# of Efficiency Units# of 1 Bedroom Units# of 2 Bedroom Units# of 3 Bedroom UnitsLot Size/SqFt 13,214Rent Per Unit-EfficiencyRent Per Unit - 1 BedroomRent Per Unit - 2 BedroomRent Per Unit - 3 BedroomVacancy Rate % 50.00School District Wichita School District (USD 259)Elementary School AbileneMiddle School MarshallHigh School NorthSubdivision JP HILTONS ADDITIONLegal
Sub-Agent Comm 0Buyer-Broker Comm 3Transact Broker Comm 3Variable Comm Non-VariableVirtual Tour Y/NUpdate Date 7/31/2015
DIRECTIONSMurdock & Topeka, South to Property
FEATURESEXTERIOR CONSTRUCTIONAll Brick
# OF STORIESTwo
ROOFGravel/Chat
AMENITIES / SAFETY FEAFire Alarm
FLOOD INSURANCEUnknown
UTILITIESNatural GasPublicSewer
OWNER PAID UTILITIESLawn MaintenanceTrashWater/Sewer
TENANT PAID UTILITIESElectric
BASEMENT USENone
BASEMENT FINISH PERNone
HEATINGOther/See Remarks
COOLINGNone
PARKINGStreet Parking
APPLIANCESOver/Range
POSSESSIONAt Closing
PROPOSED FINANCINGCash
TERMS OF TENANCYMonth to Month6 Months or Less
DOCUMENTS ON FILELead Paint
OWNERSHIPIndividual
SHOWING INSTRUCTIONSCall Showing #
LOCKBOXNone
TYPE OF LISTINGExcl Right w/o Reserve
AGENT TYPESellers Agent
FINANCIALAssumable Y/NGross Income $2,553.00General Taxes $2,627.55General Tax Year 2014Yearly Specials $174.96Total Specials $174.96HOA Y/N NoYearly HOA DuesHOA Initiation Fee 0.00Earnest $ Deposited With Security 1st Title
PUBLIC REMARKSPLEASE NOTE EARLIER AUCTION START TIME: 5:00 PM. THIS PROPERTY SELLING IN A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE ATHOLIDAY INN (549 S. ROCK RD.) AUCTION AUGUST 27TH AT 5:00 P.M. DOORS OPEN AT 4:00 P.M. FOR REGISTRATION, OR PRE-REGISTERONLINE. 24-Unit apartment complex. 13 units rented. Updated Broiler. Additional .14 acre lot included. Zoned multi-family.*Verify schools. This Property isoffered in its present condition and is accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or his(her)agent(s). It is incumbent upon the buyer(s) to exercise his(her) own due diligence, investigation, and use suitability, prior to bidding on this property. It is theresponsibility of the prospective purchaser(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure,termite, environmental, survey, encroachments, groundwater, flood designation, zoning designation, school zone designation, existence of any codeviolations, drainage, presence of lead-based paint and/or lead-based paint hazards, presence of radon, presence of asbestos, presence of mold, electrical,appliances, heating, air conditioning, mechanical, plumbing (to include water well, septic, or lagoon compliance) and any other desired inspections, if any.Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) /Auctioneer(s). Announcements made the day ofthe auction shall take precedence over anything previously stated or printed. There will be a 10% Buyers Premium (minimum $1,000) added to the high bidprice to arrive at the final contract price. The earnest money amount due at the auction from the high bidder is $3,500.
AUCTIONType of Auction Sale ReserveMethod of Auction Live OnlyAuction Location 549 S. Rock RdAuction Offering Real Estate OnlyAuction Date 8/27/2015Auction Start Time 5:00 PMBroker Registration Req YesBroker Reg Deadline 5 PM Prior Business DayBuyer Premium Y/N YesPremium Amount 10.00Earnest Money Y/N YesEarnest Amount %/$ 3,500.00
1 - Open for Preview Yes1 - Open/Preview Date 8/23/20151 - Open Start Time 1:00 PM1 - Open End Time 5:00 PM2 - Open for Preview2 - Open/Preview Date2 - Open Start Time2 - Open End Time3 - Open for Preview3 - Open/Preview Date3 - Open Start Time3 - Open End Time
PERSONAL PROPERTY
ADDITIONAL PICTURES
DISCLAIMERThis information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decisionto purchase. © Copyright 2015 South Central Kansas MLS, Inc. All rights reserved.
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GUIDE TO AUCTION COSTSTHE SELLER CAN EXPECT TO PAY
Half Owners Title Insurance Premium
Real Estate Commission (If Applicable)
Half of the Closing Fee
Advertising Costs
Payoff of Loans, Including Accured Interest,
Statement Fees, Reconveyance Fees and Any
Prepayment
Any Judgements, Tax Liens, Etc. Against The Seller
Recording Charges Required to Convey Clear Title
Any Unpaid Taxes and Tax Proation for the Current Year
Any Unpaid Homeowner Association Dues
Rent Deposits and Prorated Rents (If Applicable)
THE BUYER CAN GENERALLY EXPECT TO PAY10% Buyer’s Premium (If Applicable)
Half Owners Title Insurance Premium
Lender’s Title Policy Premiums (If Obtaining Financing)
Half of the Closing Fee
Document Preparation (If Applicable)
Notary Fees (If Applicable)
Recording Charges For All Documents in Buyer’s Name
Home Owners Association Transfer / Set Up Fee (If Applicable)
All New Loan Charges (If Obtaining Financing)
Homeownere’s Insurance Premium for First Year
All Pre-Paid Deposites for Taxes, Insurance, PMI, etc.
(If Applicable)
WHAT TO EXPECT
12041 E. 13th St. N., Wichita, KS, 67206��������������������� ������������������www.McCurdyAuction.com