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  • STARTNov 23rd - 3:00pm

  • VENUE

Marion County, Missouri Land Auction

Monday, November 23, 2020 at 3:00 P.M.


Auction to be conducted as a virtual, online auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.


Location & General Information

Selling approximately 203 Acres± (subject to survey) in 2 Tracts located in Section 28, T57N•R5W, Miller Township, Marion County, MO.

Farm is located at the west edge of Hannibal, MO along US Hwy. 36 on the south and County Road 424 (West Ely Rd) on the north, just north of the Hannibal Regional Hospital Complex. Farm represents highly productive tillable cropland and offers premier development property for commercial as well as residential.

 

Tract Information

Tract 1 • 12 Acres± (Subject to survey)

• FSA figures should indicate approximately 12 acres of tillable cropland.

• Soil type: Menfro.

• Land represents 100% tillable cropland and offers premier development property for commercial as well as residential.

• Access from the north by County Road 424 (West Ely Rd).

 

Tract 2 • 191 Acres± (Subject to survey)

• FSA figures should indicate approximately 154.79 acres of tillable cropland.

• Soil types: Menfro & Belknap.

• Land represents highly productive tillable cropland with the balance in small wooded areas and timbered draws.

• Tract offers premier development potential.

• Access from the north by County Road 424 (West Ely Rd).

 

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on both tracts. Tracts 1 & 2 will be sold individually on a price per acre basis based on acreages obtained from completed survey.

Bidding is NOT contingent upon financing.

Immediately following the auction, 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 Accurate Land Title Co., 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 Accurate Land Title Co. on or before December 23, 2020. Possession will be given at the time of closing subject to the harvest of the current corn & soybean crop.

The 2020 real estate taxes will be paid by the seller. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & 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 made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

 

PLAT MAP

AERIAL MAP

SOIL MAPS

PHOTOS

 

John T. Youse Irrevocable Trust

Mary Jo Youse Irrevocable Trust

Thomas T. Youse – Trustee

 

Representing Attorney:

John B. Morthland

Wasinger Parham, L.C.

2801 St. Marys

Hannibal, MO 63401

Ph: (573) 221-3225

 

Title Work By:

Accurate Land Title Co.

218 Broadway

Hannibal, MO 63401

Ph: (573) 221-1002

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Details

Date:
November 23
Time:
3:00 pm - 11:55 pm
Categories: