426.9 SURVEYED ACRES • 5 TRACTS
WEDNESDAY, MARCH 2, 2016 AT 1:00 P.M. CST
AUCTION TO BE HELD AT THE DAYS INN, 3805 S. BALTIMORE, KIRKSVILLE, MO 63501
SOLD! TRACT 1 – $2,775.00 PER ACRE
SOLD! TRACT 2 – $3,625.00 PER ACRE
SOLD! TRACT 3 – $3,625.00 PER ACRE
SOLD! TRACT 4 – $2,675.00 PER ACRE
SOLD! TRACT 5 – $2,675.00 PER ACRE
TOTAL – $1,303,092.50
THURSDAY, FEBRUARY 18TH 1:00 P.M. – 3:00 P.M.
LOCATION & GENERAL INFORMATION
Land is located in Section 24, T65N-R15W, Polk Township, Adair County, MO and in Sections 13 and 14, T64N-R15W, Salt River Township, Schuyler County, MO. From the north edge of Kirksville, MO, take Highway 63 north approximately 5 miles to State Route A, go east on Rt. A 2.5 miles to Trinity Way, go north on Trinity Way 1.5 miles to Robinson Road and turn west. Farm starts in ¼ mile on the south side of the road, just past the farmstead in the NE corner of the property.
The Grubrich farm consists of 426.9 surveyed acres. FSA shows 349 cropland acres, which include excellent tillable cropland, improved pasture and hay land. The balance of the farm is in farmsteads, timber and wooded draws.
Farm sells free and clear of any leases!
TRACT 1 – 103.7 SURVEYED ACRES
Tract 1 consists of 17.2 acres of cropland, 64 acres of improved pasture and hay, with approximately 21 acres of timber and wooded draws. It also includes a small ranch style home and several older outbuildings.
TRACT 2 – 81 SURVEYED ACRES
This highly tillable tract consists of 73.5 acres of cropland with 25 acres being in crop, 12 in hay and pasture and 36.8 just out of CRP. It also includes an older home with several barns and outbuildings.
TRACT 3 – 77.7 SURVEYED ACRES
This highly tillable tract has approximately 67 acres currently in crop with balance in waterways and wooded draws.
TRACT 4 – 82.5 SURVEYED ACRES
This tract consists of approximately 14 acres in cropland, 45.4 just out of CRP. The balance is in waterways and wooded draws.
TRACT 5 – 82 SURVEYED ACRES
This tract consists of 63± acres just out of CRP. The balance is in woods and wooded draws.
The Grubrich farm offers something for everyone!
- Productive Tillable Cropland!
- Improved Pasture & Hay!
- Outstanding Wildlife Habitat!
Don’t miss this opportunity to buy a farm with so much potential!
Method and Terms
Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 5 tracts. Bidding will be on a price per acre basis, with the completed surveyed acres used to calculate the final sale price. Tracts will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can purchase in any order, any or all of Tracts 1 – 5 for their high bid. “Buyer’s Choice” bidding will continue until all five tracts have been purchased. The farm will not be offered in its entirety at the conclusion of the auction.
Bidding is NOT contingent upon financing. At the auction immediately following the bidding, the winning bidder(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to American Title & Abstract Co., which shall hold the money in escrow until the closing. The balance of the purchase price will be due at closing which will take place at American Title & Abstract Co. on or before April 1, 2016. Full possession will be given at time of closing. Farm sells free and clear for the 2016 crop season.
The 2015 real estate taxes will be paid by the sellers. The 2016 real estate taxes will be prorated to the date of closing. Title Insurance in the full amount of the purchase price will be provided. Closing costs will be split between buyer and seller.
All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold “AS IS”.
Marion Grubrich Revocable Trust and the Matilda Grubrich Revocable Trust
Charles R. Giovannini • Trustee
Michael W. Mulford
601 N Main Street
Kirksville, MO 63501
TITLE WORK BY:
American Title & Abstract Co.
101 West Potter Ave.
Kirksville, MO 63501
FOR ADDITIONAL INFORMATION, CONTACT: TERRY REYNOLDS (660) 341-1092