ADAIR COUNTY, MISSOURI LAND AUCTION WEDNESDAY, AUGUST 3, 2022 AT 10:00 AM CT
450 ACRES± (SUBJECT TO SURVEY) • SELLING AS 7 TRACTS
Smith Irrevocable Family Trust REPRESENTING ATTORNEY: DAVID ROUNER ROUNER LAW OFFICE 400 N. FRANKLIN STREET | KIRKSVILLE, MO 63501 | (660) 665-7515 CLOSING & TITLE WORK: PICKELL ABSTRACT COMPANY 115 S. FRANKLIN | KIRKSVILLE, MO 63501 | (660) 665-8324
Auction Managers: Bill Fretwell (660) 341-7735 & Jennifer Wood (217) 257-8812 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION Property is located approximately 7 miles northeast of LaPlata or approximately 13.5 miles southeast of Kirksville in Sections 19, 24 & 25, T61N•R13W, Wilson Township, Adair County, MO From LaPlata, take Hwy 63 north approximately 2.2 miles, then turn east onto Hwy E, farm is located approximately 4.8 miles ahead on north & south sides of the road. From Kirksville, take Hwy 63 south approximately 8.7 miles, then turn east onto Hwy E, farm is located approximately 4.8 miles ahead on north & south sides of the road.
FARM REPRESENTS WELL-MAINTAINED HIGHLY PRODUCTIVE TILLABLE CROPLAND, IMPROVED PASTURELAND/HAY PRODUCTION, SEVERAL NICE OUTBUILDINGS AND A NICE COUNTRY HOME WITH BLACKTOP FRONTAGE.
OPEN HOUSE Sat., July 30 • 12 PM - 2 PM 33824 State Hwy E | LaPlata, MO 63549
3 HIGHLY PRODUCTIVE TILLABLE CROPLAND! 3 IMPROVED PASTURELAND/ HAY PRODUCTION! 3 NICE COUNTRY HOME SITE! 3 BLACKTOP FRONTAGE! 3 PRIME BUILDING SITES!
TRACT INFORMATION TRACT 1 • 15± ACRES (Subject to Survey) • FSA figures should indicate approximately 12.73 cropland acres • Land represents improved pastureland/hay production and is improved with a 65x42 shed and offers excellent building sites with utilities available • Soil types: Purdin & Armstrong • Access from the west by Pearl Ln and from the north by Longbow Ln TRACT 2 • 142± ACRES (Subject to Survey) • FSA figures should indicate approximately 129.25 cropland acres • Land represents well-maintained highly productive tillable cropland with the balance in wooded & grass draws • Soil types: Armstrong, Purdin, Leonard & Adco • Access from the north by Longbow Ln and from the west by Pearl Ln TRACT 3 • 136± ACRES (Subject to Survey) • FSA figures should indicate approximately 114 cropland acres • Land represents well-maintained highly productive tillable cropland with the balance in small wooded area & grass waterways • Soil types: Leonard, Armstrong, Adco, Gara & Purdin • Access from north by Longbow Ln TRACT 4 • 54± ACRES (Subject to Survey) • FSA figures should indicate approximately 43.18 cropland acres • Land represents well-maintained highly productive tillable cropland with the balance in grass waterways and offers highway frontage • Soil types: Armstrong, Leonard, Purdin, Arbela & Adco • Access from the west by Pearl Ln TRACT 5 • 28± ACRES (Subject to Survey) • FSA figures should indicate approximately 26.11 cropland acres • Land represents well-maintained highly productive tillable cropland with highway frontage • Soil types: Adco, Armstrong & Leonard • Access from the south by State Hwy E TRACT 6 • 70± ACRES (Subject to Survey) • FSA figures should indicate approximately 53.51 cropland acres • Land represents productive tillable cropland, excellent building sites with highway frontage and offers prime whitetail deer & wild turkey hunting acreage • Soil types: Purdin, Armstrong & Arbela • Access from the north by State Hwy E and from the east by Redbird Ln TRACT 7 • 5± ACRES (Subject to Survey) • Tract is improved with a 1,644 sq ft 2-story home built in 1915 offering 3-4 bedrooms, 1-bathroom and metal roof with pond & blacktop frontage • Tract also includes a 72x42 metal utility shed, 48x48 barn and a small livestock shed.
METHOD AND TERMS Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 7 tracts. Tracts 1-6 will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-6 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of tracts 1-6 for their high bid. “Buyers Choice” auctioning will continue until all 6 tracts have been elected. Tract 7 (house tract) will then be sold for a lump sum total dollar amount. The tracts will not be offered in their entirety at the end of the auction. Bidding is NOT subject to financing, appraisal or inspection. Immediately following the auction, the winning bidder(s) 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 Pickell Abstract Company which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before September 6, 2022 at Pickell Abstract Company. Possession will be given at the time of closing subject to the current 2022 only cash rent contract. Buyer(s) will receive half of the 2022 cash rent payment that will be credited to them at closing. The 2022 real estate taxes will be prorated as of the closing date, all subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the buyer & seller. All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyer should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”. ADDITIONAL INFORMATION, SOIL MAPS, PHOTOS, BIDDING & MORE: SullivanAuctioneers.com
• Soil types: Armstrong & Leonard • Access from the south by Hwy E
Auction to be conducted as a virtual, online auction. No internet buyer fees! No on-site bidding permitted. If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
ONLINE BIDDING POWERED BY:
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
450 ACRES (SUBJECT TO SURVEY) SELLING IN 7 TRACTS
VIRTUAL ONLINE | ADAIR COUNTY, MO LAND AUCTION WEDNESDAY, AUGUST 3 AT 10:00 AM CT
Smith Irrevocable Family Trust
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107Page 1 Page 2 Page 3 Page 4
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