Sold! $3,550 Per Acre
Tuesday, March 13, 2018 at 10:00 A.M.
Sale to be held at the Knox County Community Center, Edina, MO
Selling approximately 80 Acres± in 1 Tract.
Location & General Information
Land is located in Section 7, T60N•R10W, Fabius Township approximately 5 miles northwest of Newark, MO or approximately 7 1/2 miles east of Novelty, MO.
From Newark, MO take Hwy. 156 west approximately 5 miles to Hwy. TT, then north approximately 3 miles to Tomahawk Street, then east approximately 1 1/2 miles to farm.
FSA figures should indicate approximately 71.02 acres of tillable cropland at this time.
Predominant soil types: Kilwinning & Leonard.
Land consists of productive tillable cropland with the balance in small wooded draws. Farm has been enrolled in CRP for over 20 years and is extremely well maintained. Farm would qualify for organic farming practices!
Access from the entire south by Tomahawk Street.
Method and Terms
Land will be sold on a price per acre basis based on the deeded legal description.
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 Knox County Abstract which shall hold the money in escrow until closing.
The balance of the purchase price will be due at closing which will take place at Knox County Abstract on or before April 18, 2018.
Possession will be given at time of closing. Farm sells free and clear for the 2018 crop year. The 2018 real estate taxes and subsequent years will be the responsibility of the buyer. Title Insurance in the full amount of the purchase price will be provided.
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 made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.
Michael Ray Peters
Nancy Susan Hartsock
Steven Lee Peters
Closing & Title Work By:
Knox County Abstract
103 S. First Street