KNOX COUNTY, MO LAND AUCTION - PALMER

Tuesday, March 19, 2024 - 10:00 AM 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

How to participate in a Virtual Online Auction

LOCATION

Knox County, Missouri

The Palmer farm is located 4.8 miles east of Novelty, MO on County Road 372 just off Hwy 15, or 5 miles northwest of Plevna, MO. The farm is further described as being located in Section 10, T60N-R11W, Bourbon Township, Knox County, Missouri.

SELLER

Palmer Farms Inc

MANAGED BY

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

121.80 taxable acres± • 1 tract

The land contains a total of 121.80 taxable acres, will be sold in 1 tract, and represents productive tillable farmland.

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TRACT 1 - $6,800.00 PER ACRE

TOTAL - $828,240.00

TRACT INFORMATION

FSA records indicate 115.97 cropland acres
Soil types include Kilwinning, Armstrong, Keswick, and Putnam
Land represents productive tillable cropland
Recently completed improvements make the farm nearly 100% Tillable(not indicated on FSA)
Access along the south off County Road 372(Providence Street)

METHOD & TERMS

The Palmer farm will be sold on a price per acre basis, based on taxable acres.

Immediately following the auction, the successful buyer 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 Knox County Abstract, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before April 19, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes. Buyer will be responsible for 2024 real estate taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.