Knox County, Missouri Land Auction

Thursday, October 07, 2021 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

Location

Knox County, Missouri

285 Acres± • 4 Tracts

Seller

Paul Britton Trust

Managed By

Bill Fretwell

(660) 341-7735

General Information

Land is located in Sections 23 & 24, T60N•R13W, Salt River Township, Knox County, Missouri.

Nearly 100% Tillable!

Well designed terraces!

Location & General Information

Property is located in Sections 23 & 24, T60N R13W, Salt River Township, Knox County, Missouri. Property is located approximately 6.5 miles from Novelty or 11 miles from LaPlata.

Tract 1 is 7 miles southwest of Novelty in Section 23, T60N R13W. From Novelty, take Hwy 156 west for 6 miles, then south on Mohogany Ave (County Road 311) for 1 mi, property on east side of road.

Tract 2 is 6.5 miles southwest of Novelty in Section 23, T60N R13W. From Novelty, take Hwy 156 west approximately 5.5 miles, then south on Goodland Ave (CR 312) 1 mi, property on west side of road.

Tract 3 is 7.7 miles southwest of Novelty in Section 23, T60N R13W. From Novelty, take Hwy 156 west for 6 miles, then south on Mohogany Ave (County Road 311) for 1.5 mi, property on east side of road.

Tract 4 is 7.4 miles southwest of Novelty in Section 24, T60N R13W. From Novelty, take Hwy 156 west 5.4 mi, then south on Goodland Ave (County Road 312) for 1.5 mi, then east on Majestic St (County Road 341) for 1 mi, property on north side of road.

This is a tremendous investment opportunity as this farm represents highly productive tillable cropland in Knox County, MO.

Tract Information

Tract 1 • 85.5 Acres±

• FSA figures should indicate approximately 85.1 acres of productive tillable cropland with the balance in wooded draws

• Soil types: Kilwinning, Armstrong & Putnam

• Land represents highly productive tillable cropland

• Access from west by Mohogany Ave and from the south by Majestic Street

 

Tract 2 • 82 Acres±

• FSA figures should indicate approximately 79.07 acres of productive tillable cropland

• Soil types: Kilwinning, Armstrong, Putnam, Leonard & Gora

• Land represents highly productive tillable cropland

• Access from east by Goodland Ave and from the south by Majestic Street

 

Tract 3 • 39.9 Acres±

• FSA figures should indicate approximately 38.42 acres of productive tillable cropland

• Soil types: Kilwinning, Putnam, Leonard

• Land represents highly productive tillable cropland

• Access from north by Majestic St or west by Mohogany Ave

 

Tract 4 • 80 Acres±

• FSA figures should indicate approximately 73.66 acres of productive tillable cropland

• Soil types: Gifford, Blackoar, Arbela, Armstrong & Chariton

• Land represents highly productive tillable cropland

• Access from south by Majestic Street

Method and Terms

A survey has been completed on tracts 1-3 and they will sell on a price per acre basis based on the completed survey. Tract 4 will be sold on a price per acre basis based on the taxable acreage. Tracts 1-4 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 1-4 for their high bid. "Buyer's Choice" auctioning will continue until all of Tracts 1-4 have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

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 Oak Hills 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 Oak Hills Title Co on or before November 9, 2021. Possession will be given at the time of closing subject to the current 2021 custom-farmed crop being harvested.

The 2021 real estate taxes will be paid by the sellers. The 2022 real estate taxes and subsequent years will be the responsiblity of the buyer(s). 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 - Tract 1

Photos - Tract 2

Photos - Tract 3

Photos - Tract 4

Paul Britton Trust

 

Closing & Title Work By:

Oak Hills Title Co.

307 Lewis Street

Canton, MO

(573) 288-4461

 

Auction Manager:

Bill Fretwell

(660) 341-7735