Property Overview

Address: 1124 W. 7th Street Terrace, Ottawa, Kansas

Legal Description: Commencing at a point thirty (30) feet south of the southwest corner of Lot 23, Block 1, Tyman's Subdivision, an addition to the City of Ottawa, Kansas, thence West 340 feet; Thence South 30 feet; Thence East 340 feet; Thence North 30 feet to the place of beginning.

Zoning Information: Zoned R-1 (Residential) and subject to the City of Ottawa's building and zoning regulations

Property Status: AS IS condition, with no warranties or guarantees by Franklin County

Special Conditions for the Sale & Buyer Responsibilities

Lease Requirement: The successful bidder will be required to lease the accessory building (south of the main structure) to the Franklin County Historical Society for two years at a rate of $120 annually.

Contingency Clause: The sale is subject to the successful bidder agreeing to lease the accessory building for the specified term.

Survey, Title Insurance, and Closing Costs: The successful bidder will be responsible for all survey, title insurance, and closing costs associated with the transaction.

Auction Details

Date & Time: February 11, 2025, at 11:00 a.m.

Location: 1124 W. 7th Street Terrace, Ottawa, Kansas

Bidding Requirements: $15,000 escrow payment via cashier's check due by 4:00 p.m. on the day of the sale. Bidders must close on the property within 30 days of bid acceptance

Terms of Sale:

• Sale is conducted via public auction
• Property sold AS IS, with no representations from Franklin County
• Franklin County reserves the right to reject any or all bids

How to Participate

Pre-Auction Open Inspection: The property will be open for inspections on the following dates/times:

• January 8^th - 8 a.m. to noon.
• January 22^nd - 1 p.m. to 5 p.m.
• February 5^th - 9 a.m. to 1 p.m.

Bidding Process:

Prospective bidders must register to participate in the auction. Registration will occur the day of the sale and will involve providing a valid government issued I.D.

Prospective bidders will be disqualified if they owe delinquent taxes to Franklin County or if they purchase with the intent to transfer to someone who is disqualified.

Contact Information:

For questions or more details, contact Franklin County Administrator at 785-229-3485.

Public link

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