Putnam County, MO Land Auction – Hiatt

Wednesday, July 27, 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

SOLD!

TRACT 1 – $4,000 PER ACRE

 

TOTAL – $568,000.00

Location

Putnam County, Missouri

142 Taxable Acres • 1 Tract

Seller

Terry Hiatt

Managed By

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

General Information

Land is located in Sections 21, 22 & 27, T65N•R16W, Elm Township, Putnam County, MO.

Location & General Information

Property is located approximately 0.1 miles east of Worthington, MO or approximately 7 miles west of Queen City, MO in Sections 21, 22 & 27, T65N•R16W, Elm Township, Putnam County, MO. 

From Worthington, MO, take Hwy W east approximately 0.1 miles, farm ahead on north side of road. Be watching for presale directional signs.

From Queen City, MO, take Hwy W west approximately 7 miles, farm ahead on north side of road.

Land represents productive tillable cropland and offers highway frontage!

Tract Information

  • FSA figures should indicate approximately 106.37 cropland acres
  • Soil types: Zook, Amana, Humeston, Belinda, Gorin
  • Land represents highly productive tillable cropland, small areas of mixed timber & Hwy W frontage
  • Tract offers excellent whitetail deer & wild turkey hunting acreage
  • Access from the south by Hwy W

Method and Terms

Acreages in this advertisement are estimated.  The farm will be sold on a price per acre basis, based on the taxable acreage. 

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 Hart 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 on or before August 29, 2022 at Hart Abstract. Possession will be given at the time of closing subject to removal of the 2022 crop.  Upon harvest, buyer will be entitled to 1/3 share of the crop. If there are any farm program payments or crop insurance payments related to the 2022 crop, the buyer will be entitled to 1/3 share of those other crop proceeds.   

The 2022 real estate taxes will be prorated as of the closing date & 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”. 

Aerial Tour

Plat Map

Aerial Map

SOIL MAP

Photos

Terry Hiatt

 

Closing & Title Work:

Hart Abstract

2308 Main Street

Unionville, MO 63565

(660) 947-3959

 

Real Estate Contracts Prepared By:

Fredrich J. Cruse

718 Broadway

Hannibal, MO 63401

(573) 221-1333

 

Auction Managers:

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812