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238.8 ACRES± MERCER COUNTY, MO LAND AUCTION

Sale Date: Thursday, February 13, 2025
Sale Time: 1:00 PM CST

Auction Venue: Sale to be held at the Mercer County Fair Building - 505 S. Steward St., Princeton, MO 64673

Auction to be conducted as a live on-site auction with live online bidding.

LOCATION

Land is located approximately 6 miles southeast of Princeton, MO or approximately 13 miles northeast of the small town of Spickard, MO and is further described as being located in Section 9, T64N-23W, Medicine Township, Mercer County, MO.

From Princeton, take Hwy 65 south approximately 2.5 miles, then turn east on Hwy E for 3.5 miles to the farm.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLER

The Ronnie & Dolores Stamper Educational Foundation, Inc. 

ONLINE BIDDING 
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GENERAL INFORMATION

Selling 238.8 Taxable Acres ± • 1 Tract 

SOLD!

Tract - $4,000 Per Acre

Total - $955,200.00 

ATTENTION DEER HUNTERS & OUTDOOR ENTHUSIAST!

The farm represents tremendous recreational and hunting opportunities. Investors, farmers, hunters and outdoor enthusiasts, make plans to go look at this farm! The farm sells with open farming and hunting rights for 2025 and is not enrolled into any CRP programs. 

This is a live on-site auction with live online bidding.​

Property Features:

Tract - 238.8 taxable acres±

  • FSA information indicates 149.96 acres of cropland

  • Predominant soil type: Gara, Adair

  • Land offers premier Northern Missouri whitetail deer and wild turkey acreage, hardwood timber, wooded draws and established foodplots which makes for excellent hunting and recreation.

  • Meandering creek on the west side of the tract 

  • Access from the north by State Hwy E

 

Note: Click on image to enlarge. 

METHOD & TERMS

Sale Method: The farm will be sold on a price per acre basis, based on taxable acres. There will NOT be a survey. 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 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 Princeton 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 which will take place on or before Friday, March 28, 2025, at Princeton Title Company. Title insurance in the full amount of the purchase price will be provided by the seller. The 2025 real estate taxes will be prorated to the date of closing. Full possession will be transferred to buyer at the time of closing. The farm sells free and clear of tenancy for 2025.

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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