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1737 Hwy 183
Rush Center, KS 67575
$305,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
--
Property Description
Looking for a rural property, yet close town? This property features a 3-Bed 2-Bath Home, a 120 x 50 steel frame Butler building, and 4 Grain Bins totaling 50,000-bushel in grain storage capacity with a functioning leg/pit. All this is conveniently located on 3 +/- acres just South of Rush Center, KS along US-HWY 183. The sprawling ranch style home boasts 1,740 sqft. on the main floor. The attached 2 car garage leads into either the basement or the large main floor laundry room, which is designed to be a useful mud room with a large sink and vanity, cupboards above the washer and dryer hookups, and a built-in storage bench. Increasing the useful storage space is a pantry just off the kitchen that has floor to ceiling cupboards and additional storage situated above a built-in workspace with a fold out table. This room could suit various hobbies or office use. The mid-century industrial style windows are easy to open and low maintenance. The spacious living room has a large picture window for those beautiful country sunrises and the dining area off the kitchen boasts another picture window for enjoying the glorious Kansas sunsets atop the flat cropland. With Walnut Creek near the southern border of the property you will likely see deer and pheasants out the back windows. All 3 bedrooms are located on the main floor, and each can easily accommodate a king-sized bed. Each bedroom features built in drawers, storage cupboards and large closets. The bonus room could make a great office or nursery. The bathrooms will take you back to the era the home was built with the popular colorful ceramic tiles and original fixtures. The full, unfinished basement has a room with floor to ceiling shelves on either side perfect for canned goods or storing your Christmas decorations. There is an ample amount of space for a pool table, ping pong table, or the kids to ride their big wheels!! There is also a concrete room that makes an excellent storm shelter or more storage. The large Butler Building offers many different uses with double sliding doors on each end with approximately 1/3 of the building having a concrete floor which is partially a good-sized workshop area featuring a wood burning stove. The remaining 2/3rds of the building offers an immense amount of storage for implements, vehicles, tools, or the entire building would make a potentially suitable spot for a small business. Grain Storage not on your list of necessities? Take advantage of the potential to rent out the storage with its great highway accessibility. The grain storage was previously rented out for $15,000 annually in 2021 and 2022. The 1.6 +/- acres of cropland belonging to the property is currently rented. Rural properties like this are hard to come by and don`t typically last long!! Schedule your personal showing with Nathan Goetz at 785-673-3246 or Mark Ottley at 785-623-1400 today!!!!
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1966
MLS Number
202816
Location
Address
1737 HWY 183
City
Rush Center
State
KS
Zip Code
67575
County
RUSH
Listing
Provider
Nations Auction Elite Realty, original listing
Name
Nations Auction Elite Realty
Phone
(785) 621-2100
Office Name
Elite Realty Land & Auction
Office Phone
(785) 621-2100
Agent Name
Nathan Goetz

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.