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567.2 ACRES± LINN & CHARITON COUNTY, MOLAND AUCTION

Sale Date: Friday, February 21, 2025
Sale Time: 1:00 PM CST

Auction Venue: Sale to be held at the Brookfield Elks Lodge - 120 E. Wood St., Brookfield, MO 64628

Auction to be conducted as a live onsite auction with live online bidding.

LOCATION

Tract 1 is located approximately 4 miles southwest of Brookfield, MO and is further described as being located in Section 23, T57N-R20W, Brookfield Township, Linn County, Missouri.​

Tracts 2-7 are located approximately 7 miles southwest of Brookfield, MO or 7 miles northwest of Rothville, MO off black top Hwy TT along the Linn & Chariton County line. Land is further described as being located in Section 35, T57N-R20W, Brookfield Township, Linn County, Missouri and Section 3, T57N-R20W, Cunningham Township, Chariton County, Missouri.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLER

Kenneth C. & Virginia L. Jones Trust

ONLINE BIDDING 
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GENERAL INFORMATION

Selling 567.2 Acres± • 7 Tracts ​​

Farmers and Investors - Mark your calendars now to participate in this major Linn & Chariton County farmland auction of over 550 acres. Farms represent prime, highly productive tillable farmland, hay/pasture ground, CRP acreage, hunting/recreational land and attractive building sites. These highly productive, “well-maintained” farms have been owned and operated by Mr. Casey Jones and family for decades and offers an unprecedented investment opportunity!​

The farms sell with open lease and full farming rights for the fast-approaching and much anticipated 2025 crop year!​​​​

The farms will be offered in seven individual tracts through the “Buyer’s Choice” auction method live on-site with live online bidding at 1:00 PM on Friday, February 21, 2025 at the Brookfield Elks Lodge in Brookfield, MO. Make plans to go look at these farms which offers something for everyone!

Property Features:

Tract 1 - 40 acres±

  • FSA information indicates 34.99 tillable acres of cropland

  • Predominant soil type: Leonard, Kilwinning

  • Land represents highly productive tillable cropland

  • This tract offers several attractive home building sites with electricity and rural water nearby

  • Balance of the acreage is a small pond and timbered creek

  • Full farming rights for the 2025 crop year

  • Access from the north by Ginger Road or the east by Huron Drive

Tract 2 - 83.4 surveyed acres

  • FSA information indicates 75.12 tillable acres of cropland including 30.83 acres currently in row crop production

  • Predominant soil type: Lagonda

  • Land represents highly productive tillable cropland and improved pasture/hay production with the balance in a small timbered area, 1 pond, as well as improvements

  • Tract is improved with 2 country homes - the south country home consist of 1,080 sq ft built in 1940 with 2-bedrooms & 1 bathroom - the north country home consist of 1,194 sq ft built in 1920 with 3-bedrooms & 1 bathroom

  • Other improvements include older machine sheds, barns, outbuildings, detached garages and grain bins

  • Exterior fencing and cross-fencing 

  • Full farming rights for the 2025 crop year

  • Access from the west by State Hwy TT and the south by Iguana Road

Tract 3 - 81.6 surveyed acres

  • FSA information indicates 75.71 tillable acres of cropland 

  • Predominant soil type: Grundy, Lagonda 

  • Land represents highly productive tillable cropland

  • The south portion of the tract is improved with well maintained field drainage tile terraces

  • Full farming rights for the 2025 crop year

  • Access from the south by Iguana Road

Tract 4 - 157.2 surveyed acres

  • FSA information indicates 146.12 tillable acres of cropland including 19.50 acres currently in row crop production and 66.50 of those acres currently in CRP at a payment rate of $206.27 per acre through 9-30-2026

  • Predominant soil type: Speed, Lagonda 

  • Land represents highly productive tillable cropland, well maintained improved pasture/hay production and income producing CRP acreage

  • Property offers excellent hunting and outdoor recreational opportunities

  • Exterior fencing and cross fencing 

  • Full farming rights for the 2025 crop year

  • Buyer will receive the entire 2025 CRP payment

  • Access from the south by Iguana Road

Tract 5 - 162 surveyed acres

  • FSA information indicates 145.63 tillable acres of cropland

  • Predominant soil type: Lagonda, Grundy 

  • Land represents highly productive cropland and improved pastureland/hay production with the balance in a timbered meandering creek, 1 pond, as well as hunting/recreational acreage

  • Exterior fencing and cross fencing

  • Full farming rights for the 2025 crop year

  • Access from the east from State Hwy TT by 30' Ingress/Egress easement

Tract 6 - 38.8 surveyed acres

  • FSA information indicates 37.10 tillable acres of cropland

  • Predominant soil type: Grundy 

  • Outstanding highly productive nearly all-tillable grain farm

  • This tract offers several attractive home building or grain bin sites with State Hwy TT frontage

  • Full farming rights for the 2025 crop year

  • Access from the east by State Hwy TT

Tract 7 - Home & 4.2 surveyed acres

  • FSA information indicates 2.44 tillable acres of cropland

  • Tract includes a 1,476 sq ft ranch-style home built in 1957 with 3-bedrooms & 1 bathroom on the main level, eat-in kitchen, spacious living room, full unfinished basement, forced air furnace, central air, shingle roof, attached 2-car garage & nice country setting with established shade trees

  • Additional improvement includes a 45'x90' machine shed

  • Access from the east by State Hwy TT

Note: Click on image to enlarge. 

METHOD & TERMS

Sale Method: Acreages in this advertisement are estimated. A survey will be completed prior to the sale on Tracts 2-7. The Jones farms will be sold on a price per acre basis. Tracts 1-6 will be offered through the "Buyers Choice" auction method, whereas the high bidder can purchase, in any order, any or all of the Tracts 1-6 for their high bid. Auctioning will continue in that manner until all 6 tracts have been sold. Following the sale of Tracts 1-6, Tract 7 will sell for a lump sum or total dollar amount. The tracts will NOT be offered together or any combination at the conclusion of the auction. Property will be sold in as-is condition and is NOT contingent upon buyer's financing, condition of property, appraisal, inspection, or any other contingencies.

Purchase Agreement: At the conclusion of the auction, the successful bidder(s) 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 Linn County Title, which shall hold the money in escrow until closing. 

Closing: The balance of the bid price will be due at the time of closing on Friday, March 21, 2025, which will take place at Linn County Title. Title insurance in the full amount of the purchase price will be provided by the seller. The buyer(s) will be responsible for paying 2025 taxes and beyond. Possession will be transferred to buyer at the time of closing. The farm sells free and clear of tenancy for 2025. Buyer of tract 4 will receive the entire 2025 CRP payment.

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. Online bidders must pre-register and have 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.​​

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