FRIDAY, OCTOBER 14, 2016 AT 5:00 P.M.
REAL ESTATE SELLS AT 5:00 P.M.
Sale to be held at the residence: 206 Lincoln Street, LaBelle, MO 63447
Farm: $2,625 per acre
House: $18,500.00 lump sum
LOCATION AND GENERAL INFORMATION
Farmland is located approximately 2 miles east of LaBelle, MO in Section 2, T61N•R9W, LaBelle Township, Lewis County, MO. From LaBelle, MO take State Hwy. 6 east approximately 2 miles to 145th Avenue (County Road 351), then north 1/4 mile to farm. Land represents productive tillable farmland as well as outstanding whitetail deer & wild turkey hunting acreage. Residence is located within the city limits of LaBelle, MO at 206 Lincoln St.
Tract 1 • 125 Acres±
• FSA figures should indicate approximately 90.48 acres of tillable cropland with the balance in hardwood timber & wooded draws.
• Soil types: Lindley, Gorin, Keswick, Kilwinning & Armstrong.
• Land represents productive tillable cropland as well as excellent whitetail deer & wild turkey hunting acreage.
• Access from the south & the entire east by 145th Ave. (County Road 351).
Tract 2 • Residence • 206 Lincoln St. • LaBelle, MO
• This tract is improved with an older 1,800+ sq. ft. single story residence that includes 4 bedrooms, 1 1/2 baths, spacious kitchen/dining area, large screened in porch as well as approximately 900 sq. ft. unfinished basement. Other improvements include a 480 sq. ft. detached garage & a quonset type storage/shop building. The home is in need of remodeling & updating.
METHOD AND TERMS
Tract 1 (the farm) will be sold on a price per acre basis based on the deeded legal description. Tract 2 (the residence) will be sold for a “lump sum” total dollar amount. Bidding is NOT contingent upon financing. At the auction immediately following the bidding, 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 Oak Hills Title Co., Canton, MO, 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 Oak Hills Title Co., Canton, MO on or before November 28, 2016. Possession (farmland) will be given at time of closing subject only to tenant completing harvest of soybeans now growing on this farm. Farm sells free and clear for the 2017 crop year. Possession (residence) will be given at the time of closing. The 2016 real estate taxes will be paid by the seller based on the most recent available tax information. Title Insurance in the full amount of the purchase price will be provided. 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”.
Sells immediately following the real estate at approximately 5:30 P.M.!
3 pc. bedroom outfit; bunk beds; chest of drawers, t.v.’s; dinette & chairs; various other chairs & recliners; occasional tables; bookshelves; wheelchair; metal shelf; small kitchen appliances; few books; few pcs. of office equipment; lamps; oil lamp; other household items. Also: Outdoor type items such as wooden ladders; large pipe threader; wooden parts bins; gas cans; rope; cable & log chains; pickup toolbox; long handled tools and a few other misc. items.
Also selling: 2014 Chevrolet Malibu LS with less than 7,000 miles! One owner!
PLEASE NOTE: Personal property auction will take approximately 1 hour.
Noel L. Sweet Estate
Ron Sweet – Personal Representative
Closing & Title Work By:
Oak Hills Title Co.
307 Lewis Street