VIRTUAL ONLINE
MARION COUNTY, MISSOURI LAND AUCTION WEDNESDAY, AUGUST 21, 2024 AT 10:00 AM CT 94 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS
AUCTION MANAGERS:
GLENN E. & MARTHA L. GRIESBAUM
Closing & Title Work: Mark Twain Title Company 123 S Main St, Palmyra, MO 63461 | (573) 769-2212
STEVE ZEIGER (573) 231-9802
DAN SULLIVAN (319) 795-1833
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
The Glenn E. & Martha L. Griesbaum farm contains approximately 94 acres± (subject to survey) to be sold in 2 tracts and is located in Marion County, MO. Tract 1 is located 2.5 miles south of Palmyra, MO and tract 2 is located 3 miles south of Palmyra, MO and are further described as being located in Section 12, T57N-R6W, South River Township, Marion County, Missouri. Both tracts offer an excellent opportunity with tract 1 being mainly pasture ground with great potential for development. Tract 2 has approximately 46 acres of highly productive soils and also offers a great potential for commercial or residential development (subject to re-zoning approval). Farmers and investors, be sure to check out these properties which offer something for everyone.
PALMYRA
TRACT 1
TRACT 2
HANNIBAL
TRACT INFORMATION
TRACT 1 – 25 ACRES± (SUBJECT TO SURVEY) • Improvements include a small pond and older grain bin • Electricity on site • Access is along the east from US 61 South TRACT 2 - 69 ACRES± (SUBJECT TO SURVEY) • FSA maps indicate 46.74 HEL cropland acres • NCCPI Overall Rating: 80.7 • Improvements include a 36’ x 60’ open shed • Soil type includes Menfro • Access from the south by way of a 30’ ingress/ egress & utility easement from MO State Hwy F.
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
METHOD & TERMS
The Glenn E. & Martha L. Griesbaum farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tract(s) for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract will be offered. 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 Mark Twain Title Co., 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 Wednesday, September 18, 2024. The seller will provide title insurance in the full amount of the purchase price. The 2024 taxes will be prorated to the date of closing. Buyer will be responsible for the 2025 taxes and beyond. Possession will be given at closing, subject to the harvest of the 2024 crop, of which the new buyer will receive 1/3 of the harvested crop income for the 2024 crop year (contact auction manager for details regarding the payment for the 2024 crop). Open crop tenancy for 2025 and beyond. 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
94 ACRES± (SUBJECT TO SURVEY) SELLING IN 2 TRACTS
VIRTUAL ONLINE | MARION COUNTY, MISSOURI LAND AUCTION WEDNESDAY, AUGUST 21, 2024 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 GLENN E. & MARTHA L. GRIESBAUM
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