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  • STARTMar 12th - 1:00pm

  • VENUE

Monroe County, Missouri Land Auction

Friday, March 12, 2021 at 1:00 P.M.

242.2 Surveyed Acres • 2 Tracts

SOLD! TRACT 1 – $6,000 PER ACRE
SOLD! TRACT 2 – $7,150 PER ACRE

TOTAL – $1,591,085.00

Auction to be conducted as a virtual, online only auction.  No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161.  Thank you.


Click here to view results.


Location & General Information

Land is located approximately 5 miles southwest of Paris, MO in Section 36, T54N•R11W, Jackson Township, Monroe County, MO. From Paris, MO (Jct. of US 24 & State Hwy. 15) take US Hwy. 24 west approximately 5 miles to State Hwy. C, then south approximately 4 miles to farm.

Land represents well maintained highly productive tillable farmland and offers excellent hunting/recreational areas.

 

Aerial Tour

Tract Information

Tract 1 • 122.3 Surveyed Acres

• FSA figures should indicate approximately 103.42 acres of productive tillable cropland of which 1.67 acres are enrolled in CRP at a payment rate of $93.70 expiring 9-30-2021 and .87 acres are enrolled in CRP at a payment rate of $108.59 through 9-30-2026. The balance of this tract is in wooded areas, 2 ponds & grass waterways.

• Soil types: Mexico, Armstrong & Leonard.

• Land represents well maintained, highly productive tillable cropland and offers some excellent hunting/recreational acreage.

• Buyer(s) of Tract 1 will receive the entire 2021 CRP payment.

• Access from the west by State Hwy. C.

 

Tract 2 • 119.9 Surveyed Acres

• FSA figures should indicate approximately 114.07 acres of productive tillable cropland with the balance in small wooded areas and grass waterways.

• Soil types: Mexico, Leonard & Armstrong.

• Land represents well maintained, highly productive tillable cropland and offers some excellent hunting/recreational acreage.

• Access from the west by State Hwy. C.

 

Method and Terms

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

Bidding is NOT contingent upon financing.

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 Monroe County Abstract & 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 at Monroe County Abstract & Title on or before April 12, 2021. Possession will be given at the time of closing. Farm sells free and clear for the 2021 cropping season. Buyer(s) of Tract 1 will receive the entire 2021 CRP payment.

The 2021 real estate taxes will be prorated to date of closing. 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 MAPS

 

Jeanne Stephens Lee Enterprises Inc.

 

Representing Attorney:

Phillip C. Brown, P.C.

211 N. Williams

P O Box 916

Moberly, MO

660-263-0355

 

Closing & Title Work By:

Monroe County Abstract & Title

229 N. Main Street

Paris, MO

660-327-4109

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Details

Date:
March 12
Time:
1:00 pm - 11:55 pm
Categories:
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