Sold! $7,800 Per Acre
79 ACRES± • 1 TRACT
MONDAY, MARCH 5, 2018 AT 5:00 P.M.
AUCTION VENUE: The Oak Hill Inn & Suites, 1701 Oak Street, Canton, Missouri
Location & General Information
The Gilbo farm is located in Section 34, T65N•R6W, Clark County, MO. From the Junction of Highway 61/27 (Avenue of the Saints) and Highway 136, go east on Highway 136 approximately 11⁄2 miles to County Rd. 191, then south 1⁄2 mile. (Be watching for pre-sale directional signs off Highway 136.)
FSA figures indicate 73.04 acres of cropland with productive Colo soils. The farm sells free and clear for the 2018 farm year! (Full possession at closing.)
This is going to be an excellent opportunity for farmers, as well as investors, to purchase a productive Northeast Missouri farm!
Method & Terms
The Gilbo farm will be sold on a price per acre basis, based on 79 Acres ±. Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay 10% of the bid price down as earnest money. The balance of the purchase price will be due at the time of closing, on or before April 5, 2018.
Title insurance in the full amount of the final purchase price will be provided by the seller. The 2018 taxes will be the responsibility of the new buyer. Possession will be given at the time of closing. The farm sells with full 2018 farming rights.
All announcements sale day shall take precedence over any 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 the property. This real estate is being sold “as is”.
Farm known locally as the “Milford & Doris Gilbo Farm”
Vince Gilbo & Marian Jones
Brett B. Bozarth • Bozarth Law L.L.C.
405 Clark Street • Suite 120 • Canton, MO 63435
Phone (573) 288-1111 • Fax: (573) 288-1110