Tract 1 - $4,100 Per Acre
Total - $170,970.00
LINN COUNTY, MO LAND AUCTION
Friday, September 9, 2022 • 12:30 PM
Auction Venue: Sale to be held onsite - 19605 Fargo Rd., Laclede, MO 64651
Selling 41.7 Surveyed Acres • 1 Tract
The Steve Evans Farm is located approximately 2.5 miles north of Laclede, MO in Section 31 T58N•R20W of Jefferson Township, Linn County, MO. From Hwy 36 and Laclede junction, travel north on Hwy 5 for 2 miles. (Laclede is located 5 miles west of Brookfield or 20 miles east of Chillicothe). Auction signs posted sale day!
Make plans now for this upcoming Linn County, MO land auction held on Friday, September 9th, 2022! This ideally located farm contains approximately 41 acres ± (subject to survey) and will be sold in 1 tract. The property represents productive tillable farmland currently used as improved pasture and offers excellent access directly off blacktop Hwy 5. This property also boasts a nice steel sided barn with electricity, rural water, and sewer already established on the property. This farm would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio.
Tract - 41.7 Surveyed Acres
This tract of land features productive tillable farmland currently sown to grass for improved pasture. FSA figures should indicate approximately 35.4 tillable acres predominately consisting of Vesser and Armstrong loams with 0 to 2 and 5 to 9 percent slopes. This nice farm has a 2,160 sq ft. outbuilding with a newer steel roof, rural water with meter, livestock holding pen with waterer, electricity, septic sewer, and perimeter tight fence already in place. Access to this tract can be made from the east by blacktop Hwy 5 and the north by Fargo Rd.
Note: Click on image to enlarge.
METHOD & TERMS
Sale Method: A survey is currently in progress and will be completed by sale day. The farmland will be sold as one individual tract on a price per acre basis. Property will be sold in as-is condition and is not contingent upon buyer's financing, condition of property, appraisal, inspection, or any of contingencies.
Purchase Agreement: At the conclusion of the auction, the successful bidder will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, payable to Monarch Title Company, which shall hold the money in escrow until closing.
Closing: The balance of the bid price will be due at the time of closing in approximately 30 days, on or before Tuesday, October 11, 2022, which will take place at Monarch Title Company. Title insurance in the full amount of the purchase price will be provided by the seller. The 2022 real estate taxes will be prorated to the date of closing. Title company closing costs will be divided equally between buyer & seller. Possession will be transferred to buyer at the time of closing. Farmland sells free of tenancy.
Announcements: This sale is subject to all easements, covenants, leases, and restrictions of record. Any announcements made auction day by Teter Auction Company will take precedence over any previously printed materials or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All lines drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to the property.