The Mayfield farms are near Greensburg, MO and conveniently located just east of Hwy 15. Tracts 1,2,3, and 9 are located in Scotland County, MO on Halfway Rd and County Line Rd. Tracts 4,5,6,7, and 8 are located in Knox County, MO on County Line Rd, State Hwy Y, and County Rd 16(Dexter Ave). The farms are approximately 12 miles north of Edina, MO and 14 miles south of Memphis, MO. The farms are further described as being located in Sections 35 and 36, T64N-R12W, Tobin Township, Scotland County, Missouri and Sections 1,11, & 12, T63N-R12W, Greensburg Township, Knox County, Missouri. Farms represent productive tillable cropland, income producing CRP, and two homes including a beautiful brick ranch style with pond/outbuildings. The farms have been in the Mayfield family for many years. This is an excellent opportunity for farmers, investors and someone looking for rural living! All tillable tracts sell free and clear for the 2025 crop year! LOCATION & GENERAL INFORMATION
METHOD & TERMS
The Mayfield farm will be sold on a price per acre basis. Tracts 1-7 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. Following the sale of tracts 1-7, tract 8 will sell for a lump sum or total dollar amount, then tract 9 will sell for a lump sum or total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer 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 Knox County Abstract in Edina, MO, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before March 21, 2025. The seller will provide title insurance in the full amount of the purchase price. 2025 real estate taxes will be paid by the buyer of each tract. The CRP payment will be prorated to the day of closing. Tracts 1-7 sell free and clear for 2025 crop year. Tract 8 possession at closing. Tract 9 is occupied by a tenant; tenant has 90 days from closing to move out or continue renting from the buyer, if the buyer chooses to continue. A $900.00 credit will go to the buyer of tract 9 for the 90 days of rent. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161 ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: WWW.SULLIVANAUCTIONEERS.COM
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