Scotland County, Missouri Land Auction

Friday, October 08, 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

Scotland County, Missouri

86 Acres± (subject to survey) • 2 Tracts

Seller

Eureka Land Company

Robert L. Moore

Richard Payne

Tom Croley

Sharon S. Payne

E. Richard Webber

Managed By

Bill Fretwell

(660) 341-7735

 

Stan Prather

(660) 341-5950

General Information

Land is located in Sections 24 & 25, T64N•R12W, Scotland County, MO.

Land represents highly productive tillable cropland and offers premiere whitetail deer & wild turkey hunting acreage.

Location

The Eureka Land Co. farms are located approximately 12 miles south of Memphis, MO (or 30 miles northeast of Kirksville, MO or 60 miles northwest of Quincy, IL). From Memphis, MO take Hwy. 136 west 1 mile to Route 15, then south 9 miles to Route W, then east 11⁄2 miles to the farm. The farm is further described as being located in Sections 24 & 25, T64N•R12W, Scotland County, MO.

The property contains a total of 86 Acres± (subject to survey) and will be sold in 2 tracts. Tract 1 is 100% woods with mature trees and offers excellent outdoor recreational & hunting opportunities. Tract 2 is roughly 1⁄2 tillable and 1⁄2 mature timber which offers many possibilities.

Tract Information

Tract 1 • 31 Acres± (Subject to survey)

• 100% wooded with mature trees & Tobin Creek meanders through the property.

• Tract 1 offers outstanding hunting & recreational outdoor opportunities with whitetail deer, wild turkey & other wildlife.

• Route W borders along the south side.

 

Tract 2 • 55 Acres± (Subject to survey)

• FSA figures should indicate approximately 24.7 cropland acres.

• Soil types: Westerville, Fatima & Lindley.

• The remaining acres are wooded & Tobin Creek meanders through the property.

• This tract offers income producing cropland acres & outstanding outdoor recreational & wildlife opportunities.

• Route W borders along the north side.

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale and both tracts will be sold on a price per acre basis based on acreages obtained from completed survey. The tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (either or both) Tracts 1 & 2 for their high bid. “Buyer’s Choice” auctioning will continue until both Tracts 1 & 2 have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

Bidding is NOT contingent upon 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 Scotland 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 Scotland County Abstract on or before November 9, 2021. Possession will be given at the time of closing subject to the current 2021 farm lease only.

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 MAP

Photos

Eureka Land Company

Robert L. Moore

Richard Payne

Tom Croley

Sharon S. Payne

E. Richard Webber

 

Closing & Title Work By:

Scotland County Abstract

205 E. Monroe Street

Memphis, MO

(660) 465-7052

 

Auction Managers:

Bill Fretwell (660) 341-7735

Stan Prather (660) 341-5950