LOCATION & GENERAL INFORMATION
The Running Brook Farm, Inc. is located a short distance from New London, MO. Tract 1 is located approximately 5 miles west of New London along Brookside Trail and is further described as being located in Section 32, T56N-R5W, Spencer Township. Tract 2 is located approximately 5 miles west of New London along Brookside Trail and is further described as being located in Section 32, T56N-R5W, Spencer Township. Tract 3 is located 4.5 miles northwest of New London along Brookside Trail and is further described as being located in Section 33, T56N-R5W, Spencer Township. Tract 4 is located approximately 3 miles west of New London along Hwy A & Brookside Trail and is further described as being located in Section 4, T55N-R5W, Spencer Township, Ralls County, Missouri. The farm contains 569.9 acres (subject to survey) in 4 tracts. Tracts 1-4 represent highly productive tillable farmland and recreational ground. Tract 4 represents recreational ground with a portion of tillable farmland and Hwy A frontage for great development opportunity. The farms sell with open tenancy for the 2025 crop year - contact auction manager for details.
TRACT 2
TRACT 1
TRACT 3
TRACT 4
METHOD & TERMS
Tracts 1-4 will sell on a per acre basis, based on surveyed acres and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can purchase (in any order) any or all 4 tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 4 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Thursday, March 27, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Buyer will pay the 2025 real estate taxes. Buyer will receive full possession at closing. There are no crop or hunting leases associated with this property. Open lease for 2025 crop year and beyond. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. All announcements sale day shall take precedence over any 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 the 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, SOIL MAPS, PHOTOS & BIDDING AVAILABLE ONLINE: WWW.SULLIVANAUCTIONEERS.COM
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