Hi,
Wow, you are lucky. As far as the brakes, if you see brake fluid behind the wheel, either the steel brake line has failed or the brake wheel cylinder. You will need to remove the tire and brake drum to inspect the wheel cylinder.
I attached an exploded view of the rear brakes below. I highlighted the wheel cylinder. Note that the steel brake line attaches to this part from the rear where you said it was very wet.
If you are still unable to locate the leak, fill the brake master cylinder with fluid. Have a helper slowly depress the brake pedal while you watch for a leak. Just make sure to protect your eyes.
Also, if you could upload a few pictures of what you are seeing, it may be helpful.
Take care and let me know what you find.
Joe
See pic below.
Image (Click to make bigger)
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Saturday, November 25th, 2023 AT 10:24 PM