Schuyler County, MO Land Auction – Cowell

Cowell Cal

Wednesday, October 19, 2022 - 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

Schuyler County, Missouri

The Cowell farm is located in Section 12, Liberty Township, Schuyler County, Missouri. 1 mile north of Lancaster, Missouri on U.S. Hwy. 63. Be watching for pre-sale directional signs.

Cowell Cal

Seller

Gerald L. & Connie Cowell

Managed By

John Probasco (641) 856-7355

General Information

38 Acres± (subject to survey) • 2 Tracts

Inspection

Friday, October 14th • 4:00 – 6:00 PM

Tract Information

Tract 1 - 9 Acres± (subject to survey)

  • This highly improved tract features a very nice ranch-style home that includes 3 bedrooms and 2 full baths. Other amenities include a large living room with a stone-faced fireplace, an eat-in kitchen with oak cabinets and an attached 2-car garage. The heat and air source is provided by a Geothermal system and the kitchen appliances are included with the home.
  • Other improvements of the acreage include a 42’ x 60’ utility building that has an 18’ x 42’ lean-to addition and a 24’ x 32’ livestock building. There are several 100’ of pipe corals suitable for working cattle or for horse paddocks.
  • If you are looking for a country acreage, we urge you to take a look at this one!
  • Access is on the southeast by U.S. Hwy. 63.

Tract 2 - 29 Acres± (subject to survey)

  • FSA information indicates 27.35 acres tillable currently in hay production.
  • Gara, Vigar-Zook-Excello soils.
  • This tract is improved with good exterior fences.
  • Access is on the southeast by U.S. Hwy. 63.

Method & Terms

The Cowell property will be sold in 2 individual tracts, based on a survey that is currently in progress. Said surveyed acres will be used to constitute the final settlement price. Tract 1 will be sold first for a lump sum total dollar amount. Tract 2 will be sold next on a price per acre basis. The tracts will NOT be offered in their entirety at the end of the auction.

Bidding is NOT subject to financing, appraisal or inspection.

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 Pickell Abstract Company, which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing in approximately 30 days, which will take place at Pickell Abstract Company on or before Tuesday, November 22, 2022. Possession will be given at the time of closing.

The 2022 real estate taxes will be the responsibility of the seller. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the 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 the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

Plat Map

Aerial Map

Tract 2 Soil Map

Photos

Gerald L. & Connie Cowell - Sellers

 

Closing & Title Work:

Pickell Abstract Company

115 S Franklin St, Kirksville, MO 63501  |  (660) 665-8324

 

Auction Manager:

John Probasco (641) 856-7355