Shelby County, MO Land Auction – Gilbert

Gilbert cal

Tuesday, June 21, 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

Shelby County, Missouri

80 Acres± • 4 Tracts

Gilbert cal

Seller

Harold C. Gilbert Farm

Managed By

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

General Information

Land is located in Sections 19 & 30, T57N•R10W, West Salt River Township, Shelby County, MO.

 

Open House:

Saturday, June 11th

10:00 AM – 12:00 Noon

Location & General Information

Farm is located approximately 2.5 miles northwest of Shelbina, MO or approximately 7 miles southwest of Shelbyville, MO in Sections 19 & 30, T57N•R10W, Salt River Township, Shelby County, MO.  

From Shelbina, MO, take Hwy 36 west approximately 0.8 mi, then turn north on CR 454 for approximately 1.7 mi, farm ahead on west side of the road. 

From Shelbyville, MO, take Hwy 15 south approximately 5.3 miles, then turn west onto CR 452 for approximately 1 mi, then turn south onto CR 454 for approximately 0.5 mi, farm ahead on west side of road.

Farm represents well-maintained highly productive tillable cropland, improved pastureland/hay production and is improved with a nice country home and outbuildings.

Tract Information

Tract 1 • 23± Acres (Subject to Survey) 

  • FSA figures should indicate approximately 22.83 cropland acres
  • Land represents well-maintained highly productive tillable cropland 
  • Soil types: Putnam, Mexico, Leonard
  • Access from the east by CR 454

 

Tract 2 • 40± Acres (Subject to Survey) 

  • FSA figures should indicate approximately 30.78 cropland acres
  • Land represents improved pastureland and includes a 48x75 steel utility shed & grain bin
  • Soil types: Lindley, Leonard, Calwoods, Armstrong, Keswick, Mexico
  • Access from the south by CR 450

 

Tract 3 • 12± Acres (Subject to Survey) 

  • FSA figures should indicate approximately 5.5 cropland acres and approximately 4.69 open acres
  • Land represents highly productive tillable cropland and includes a 50x56 historic barn, 42x20 garage, 30x15 barn & 20x26 garage, along with a 1,204 sq ft older home (no value)
  • Soil types: Leonard, Mexico, Armstrong
  • Access from north by CR 450

 

Tract 4 • 5± Acres (Subject to Survey) 

  • FSA figures should indicate approximately 4.53 cropland acres
  • Tract includes an 1,808 sq ft ranch-style home built in 1994 with 2-bedrooms & 1.5-bathrooms on the main level, a partially finished basement with 2-bedrooms & 1-bathroom, forced air gas furnace, central air, shingle roof, attached 2-car garage & nice country setting with a lake & big yard
  • Soil types: Leonard, Mexico, Armstrong
  • Access from the east by CR 454

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 4 tracts. Tracts 1-3 will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-3 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of the 3 tracts for their high bid.  “Buyers Choice” auctioning will continue until all tracts have been elected.  Tract 4 will then be sold for a lump sum total dollar amount.   The tracts will not be offered in their entirety at the conclusion 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 Accurate Land Title Company, 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 July 13, 2022 at Accurate Land Title Company.  Possession will be given at the time of closing subject to the 2022 only cash rent farm lease. Buyer will be credited at closing for the entire 2022 cash rent payment.

The 2022 real estate taxes and subsequent years 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”.

Aerial Tour

Plat Map

Aerial Map

SOIL MAPs

Photos

Harold C. Gilbert Farm

 

Representing Attorney:

John Briscoe

Briscoe & Brannon

423 South Main Street

New London, MO 63459

(573) 985-3411

 

Title Work & Closing:

Accurate Land Title Co.

218 Broadway

Hannibal, MO 63401

(573) 221-1002

 

Auction Managers:

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812