Friday, March 19, 2021 at 10:00 A.M.

157 Surveyed Acres in 4 Tracts

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.

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LOCATION & GENERAL INFORMATION

Land is located in Sections 33 & 34, T66N•R10W, Thomson Township, Scotland County, MO approximately 2 miles north of the small village of Arbela, MO or approximately 2 1/2 miles north of US Hwy. 136. From US Hwy. 136 and State Hwy. H, take Hwy. H north approximately 1.75 miles to County Road 460, then east approximately 1 mile to County Road 421, then north 1/4 mile to farm.

Excellent building sites!

Short distance to US Hwy. 136!

Productive Farmland!

TRACT INFORMATION

Tract 1 – 38.3 Surveyed Acres

• FSA figures should indicate approximately 22.62 acres of productive farmland currently in pasture/hay production with the balance in timbered areas and wooded draws.

• Soil types: Armstrong, Gara & Adco.

• Land represents productive farmland currently in pasture/hay production and offers excellent hunting/recreational acreage. Tract is improved with (4) grain bins, 30’x48’ utility building and other older outbuildings.

• Access from the west by County Road 421.

Tract 2 – 39 Surveyed Acres

• FSA figures should indicate approximately 28.88 acres of productive farmland currently in pasture/hay production with the balance in timbered areas and wooded draws.

• Soil types: Armstrong, Gara & Adco.

• Land represents productive farmland currently in pasture/hay production and offers excellent hunting/recreational acreage.

• Access from the west by County Road 421

Tract 3 – 40.1 Surveyed Acres

• FSA figures should indicate approximately 33.7 acres of productive tillable cropland.

• Soil types: Lamoni, Adco, Gara, Armstrong & Edina.

• Land represents productive tillable cropland currently in pasture/hay production. Tract is improved with a 1910 built 1,576 sq. ft. 3 bedroom, 1 bath, country home (home has minimal value).

• Access from the east by County Road 421.

Tract 4 – 39.6 Surveyed Acres

• FSA figures should indicate approximately 31.4 acres of productive tillable cropland.

• Soil types: Gara, Adco, Armstrong, Lamoni & Edina.

• Land represents productive tillable cropland currently in hay/pasture production with the balance in ponds, wooded areas & wooded draws.

• Access from the east by County Road 421.

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 4 tracts. Tracts 1-4 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-4 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of Tracts 1-4 for their high bid. Buyer’s Choice auctioning will continue until all 4 tracts have been elected. The tracts will NOT be offered in their 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 Scotland County 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 at Scotland County Abstract on or before April 19, 2021. Possession will be given at the time of closing. Farm sells free and clear for the 2021 crop season.

The 2021 real estate taxes will be prorated to the 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”.