511 N Madison Ave
Live auction by Berkshire Hathaway HomeServices PenFed Realty
Starts Mar 26, 2025 2:00 PM CDT
Location: 511 N Madison Ave, Sedgwick, KS 67135
Online Only Auction Bidding Begins: March 26th @ 2:00 PM Bidding Ends: April 2nd @ 6:30 PM Charming 3 bedroom, 1 bath bungalow with an attached one car garage. Garage is tucked in the back of the home with alley access. City of Sedgwick offers small town living close to the city. Home has been updated with paint and flooring, granite counter tops in kitchen with main floor laundry. Walk to the park, pool, school and restaurants! Home was previously under contract and cleared appraisal. No inspection was performed. Property was treated for termites at the end of 2024. Property is over 100 years old and has some movement per inspector when the Seller purchased. Property has not been evaluated by structural engineer and is selling as is. NEW SEWER LINE WAS JUST INSTALLED. Did pass FHA appraisal on contract that fell through end of 2024. BROKER/AGENT PARTICIPATION IS RECOGNIZED, A Brokerage Fee of 3.0% of the winning bid is being offered to the Buyer’s Broker/Agent who has preregistered the successful Buyer. See the documents section for Broker Registration Form or contact the Listing Broker. TOTAL PURCHASE PRICE WILL INCLUDE A 10% BUYER’S PREMIUM WHICH WILL BE ADDED TO THE FINAL BID. THIS IS A RESERVE AUCTION. The property is being sold "AS-IS, WHERE-IS" and without warranty or guarantee of any kind. Each potential buyer is encouraged to perform his/her own independent inspections, investigations and due diligence concerning the described property. It is the buyer’s responsibility to have any and all desired inspections completed prior to bidding. Descriptions are believed to be accurate but are not guaranteed. All announcements made day of sale supersede any and all printed material. The seller is offering no other terms or contingencies. If you seek financing, just understand your bidding is not contingent on financing or inspections. Total purchase price will include a 10% buyer’s premium added to the final bid. A non-refundable deposit of $2500 is due the day of auction and upon the execution of the purchase agreement. Deposit may be in the form of a Cashier's Check, Personal Check or Cash.