320 N Olive St, Wellington, KS 67152

ONLINE AUCTION: INVESTMENT OPPORTUNITY - DUPLEX IN WELLINGTON, KS DATE: Auction will begin closing at 7 pm on Tues. December 30th ADDRESS: 320 N Olive – Wellington, KS LEGAL: NORTHWEST ADD, S15, T32, R01W, BLOCK 21, LOT 2 320 N Olive • 2 BR, 1 BA • Currently vacant • No Air conditioning • Wall furnace - Innop • Needs some renovations • Room Sizes: o Kitchen – 13’10 x 12’9 o Dining Room – 12’6 x 12’ o Bedroom – 10’ x 9’4 o Bedroom – 12’5 x 10’ 322 N Olive • 1 BR, 1 BA • Currently rented for $450/mo. • Window heat/air combo & mini split(2 yrs old) • Newer water heater Structure was built in 1922 and 1,596 total sq.ft. Lot size – 7,060 sqft 2025 Taxes - $379.74 TERMS AND CONDITIONS: BUYER'S PREMIUM: There will be a 10% Buyer's Premium added to the final bid. The buyer's premium, together with the final bid amount, will constitute the total purchase price. EARNEST DEPOSIT: 10% Non-Refundable Earnest deposit due immediately from successful bidder in the form of personal or business check, cashier's check, or wire transfer. POSSESSION: At closing TAXES: 2025 taxes and prior years paid by seller, 2026 taxes prorated to date of closing TITLE/ESCROW FEES: Owner's Title Policy and escrow closing fees shall be shared equally between Seller and Buyer. Any lender required costs shall be the Buyer's expense. Preliminary title commitment has been prepared by Security 1st Title. Escrow closing will be handled through Security 1st Title. CONDITION OF PROPERTY: Being sold "AS IS, WHERE IS", and without any contingencies including financing, inspections, etc., and is accepted by the buyer without any expressed or implied warranties or representations from the seller or his own due diligence prior to bidding on property. It is the sole responsibility of the prospective purchaser to conduct his or her independent inspections, investigations, inquiries, and due diligence concerning the property prior to the auction end. Information given is from sources deemed reliable but not guaranteed by the seller or the Auctioneer. CLOSING: Closing on or before Nov. 28th, 2025 (or as soon thereafter as closing documents are available). The balance of the purchase price is due IN CERTIFIED FUNDS.