Monroe County, MO Land Auction – Jeanne Stephens Enterprises Inc.

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Monday, November 15, 2021 - 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

Location

Monroe County, Missouri

(Pre-sale directional and tract signs will be posted on each tract)

Land is located approximately 7 miles southwest of Paris, MO or 11 miles north of Centralia, MO, in Sections 8, 9 & 16, T53N•R11W, Union Township, Monroe County, MO.

From Paris, MO, take Hwy 15 south approximately 7 miles to Hwy M, then west approximately 8 miles to CR 959, then north 1/2 mile to farm.

From Centralia, MO, take Hwy C north approximately 10 miles to Hwy M, then west 2 miles to CR 959, then north 1/2 mile to farm.

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Seller

Jeanne Stephens Enterprises Inc.

Managed By

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

General Information

880 Acres± (subject to survey) • 7 Tracts

Investors & Farmers: Be sure to check out this outstanding investment-worthy Central Missouri farm.

Rarely does this many contiguous acres of highly productive tillable cropland come up for sale!

Tract Information

Tract 1 • 75 Acres± (Subject to Survey)

  • Land represents nearly 100% highly productive tillable cropland
  • FSA figures should indicate approximately 74.58 cropland acres
  • Soil types: Mexico, Leonard, Putnam
  • Access from the north by CR 938 and west by CR 959

 

Tract 2 • 125 Acres± (Subject to Survey)

  • Land represents nearly 100% highly productive tillable cropland
  • FSA figures should indicate approximately 124.26 cropland acres
  • Soil types: Mexico, Leonard, Putnam, Armstrong
  • Access from the north by CR 938

 

Tract 3 • 120 Acres± (Subject to Survey)

  • Land represents nearly 100% highly productive tillable cropland
  • FSA figures should indicate approximately 110.47 cropland acres of which 3.06 are in CRP at a payment rate of $151.82/acre expiring September 30, 2031
  • Soil types: Mexico, Leonard, Putnam, Armstrong
  • Access from the north by CR 938

 

Tract 4 • 162 Acres± (Subject to Survey)

  • Land represents nearly 100% highly productive tillable cropland
  • FSA figures should indicate approximately 159 cropland acres
  • Soil types: Mexico, Putnam, Leonard, Armstrong
  • Access from the west by CR 959

 

Tract 5 • 120 Acres± (Subject to Survey)

  • Land represents nearly 100% highly productive tillable cropland
  • FSA figures should indicate approximately 111 cropland acres
  • Soil types: Mexico, Leonard, Putnam, Armstrong
  • Access from the west by CR 959

 

Tract 6 • 198 Acres± (Subject to Survey)

  • Land represents highly productive tillable cropland and is improved with a bin site including 5 bins with approximately 50,000 bu grain storage & electric on site
  • FSA figures should indicate approximately 159 cropland acres of which 1.76 are in CRP at a payment rate of $151.82 expiring September 30, 2031
  • Soil types: Mexico, Leonard, Armstrong, Putnam
  • Access from the west by CR 959

 

Tract 7 • 80 Acres± (Subject to Survey)

  • Land represents highly productive tillable cropland with the balance in hardwood timber offering excellent whitetail deer & wild turkey hunting acreage
  • FSA figures should indicate approximately 51.39 cropland acres of which 0.39 acres are in CRP at a payment rate of $151.82/acre expiring September 30, 2031
  • Soil types: Leonard, Mexico, Armstrong
  • Access from the east by CR 959

Method & Terms

Acreages in this advertisement are estimated.  A survey will be completed prior to the sale on all tracts, and they will be sold on a price per acre basis, based on the acreages obtained from the completed survey.  Tracts 1-7 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of the 7 tracts for their high bid.  “Buyers Choice” auctioning will then continue until all of the tracts have been elected.  The tracts will not be offered in their entirety at the end of the auction.

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 Monroe County Title & 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 December 17, 2021 at Monroe County Title & Abstract. Possession will be given at the time of closing subject to removal of 2021 crop.

The 2021 real estate taxes will be paid by the sellers.  The 2022 real estate taxes and subsequent years 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”.

Plat Map

Aerial Map

SOIL MAP

Photos

Jeanne Stephens 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

 

Auction Manager:

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812