Mercer County, MO Land Auction – Freed

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Friday, February 11, 2022 - 1:00 pm 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

Mercer County, Missouri

50 Acres± (subject to survey) • 1 Tract

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Seller

Ryan Freed

Managed By

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

General Information

Land is located in Section 31, T67N•R22W, Somerset Township, Mercer County, MO.

Location & General Information

Farm is located approximately 10 miles northeast of Mercer, MO, or approximately 8 miles west of Powersville, MO, in Section 31, T67N•22W, Somerset Township, Mercer County, MO.

From Mercer, take Hwy M east approximately 4 mi, then turn north onto Hwy W approximately 5.2 mi, then north onto Aviation Ave approximately 0.2 mi, the farm lies on the west side of the road.

From Powersville, take Hwy M approximately 5.5 mi west, then turn north on Buck Ave approximately 1.2 mi, then turn west onto Avalon Ave 0.7 mi, then north onto Aviation Ave approximately 0.2 mi, the farm lies on the west side of the road.

Watch for presale directional signs.

Tract Information

  • Land represents well-maintained productive cropland and includes new terracing
  • FSA figures should indicate approximately 38.18 cropland acres
  • Soil types: Lamoni, Shelby, Grundy, Shelby, Nodaway-Humeston-Vigar, Clarinda
  • Access from east by Aviation Ave

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale and farm will be sold on a price per acre basis, based on the surveyed acres.

Bidding is NOT subject to financing, appraisal or inspection.

Immediately following the auction, the winning bidder 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 Sullivan County Title, which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing which will take place on or before March 16, 2022 at Sullivan County Title. Possession will be given at the time of closing. Farm sells free & clear for the 2022 crop year. Farm sells subject to the USDA Cost Share Program for Terraces & Waterways.

Please Note: Fertilizer for the 2022 crop year has been applied and will convey to buyer at no additional cost.

The 2021 taxes have been paid. The 2022 & all subsequent years’ real estate taxes will be the responsibility 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 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. Buyer 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

SOIL MAP

Photos

Ryan Freed

 

Representing Attorney:

David Rouner

Rouner Law Office

400 N. Franklin Street

Kirksville, MO

(660) 665-7515

 

Title Work By:

Sullivan County Title, LLC

102 N. Main Street

Milan, MO

(660) 265-3744

 

Auction Manager:

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812