ONLINE ONLY LAND AUCTION: Bollinger County MO 275+- Acres – Selling in 3 Tracts (MO67A)

Online Auction: Bidding closes Tuesday, April 14, 2020  at 8:00 p.m. CST.

Property Inspection: By Appointment Only

Location: Located along MO Rt 51, 3.6 miles South of Patton Junction

DESCRIPTION

275-acre cattle and hunting farm located along MO Rt 51 around 3.6 miles South of Patton Junction or 22.9 miles South of Perryville MO. There is a start of an earth-berm home. It is presently used as a shop and hunting cabin and could be made into a home.  And the hunting… While there for my initial visit, I saw right away it is an excellent hunting property; Whitetail everywhere as we drove the trails through the woods.  Several were harvested and trail cam pictures from the property are included in the pictures.  Plenty of water here, gravel bottom creeks running with clear water, springs, ponds and a well.  Meadow Heights R II School District. Note: If the bid for Tract 3 (a combination of tracts 1 and 2) is more than the bids for tracts 1 and 2 added together, the Tract 3 bid will prevail.  A 1981 white 10-wheel dump truck that runs and dumps and a Cat 977L Crawler Loader will be included with Tract 1.

Tract 1 - 260+- Acres.  125 acres is fenced and most is new 4 barbwire fences.  There is either water founts, ponds or springs in all pastures. Approximately 105 acres is open pasture and much of it can be used as hay ground.  Presently the owner is running 40+- head of cattle, but feels it is capable of running 60 head, and he has in the past.  He does make hay off this property.  There is a start of a earth-berm home.  It has electric, water and a bathroom. It is presently used as a shop and hunting cabin and could be made into a home.  And the hunting….While there for my initial visit, I saw right away it is an excellent hunting property.  Several whitetails harvested and trail cam pictures from the property are included in the pictures.  Note: If the bid for Tract 3 (a combination of tracts 1 and 2) is more than the bids for tracts 1 and 2 added together, the Tract 3 bid will prevail.

Included with this tract is a 1981 white 10-wheel dump truck that runs and dumps.  Also included is a Cat 977L Crawler Loader that was used to clear land on this property and run when parked. Will need new batteries. Both "as is" no warranty.

Tract 2 - 15+- Acres. Two tracts East of the main farm.  A partially wooded property with a gravel bottom creek running through it, one of those creeks to play in on those hot summer days. Possible building site and whitetail hunting.  Note: If the bid for Tract 3 (a combination of tracts 1 and 2) is more than the bids for tracts 1 and 2 added together, the Tract 3 bid will prevail.

Tract 3 - 275+- Acres.  A combination of Tracts 1 and 2.

REAL ESTATE TERMS AND CONDITIONS

No Buyer's Premium

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Sale is subject to the confirmation of the Sellers.

BIDDING IS ON A PER ACRE BASIS. WE WILL TAKE THE FINAL BID X ACRES OF PARCEL.

PROCEDURE: Property is offered as two separate tracts and as a combination. If the bid for Tract 3 (a combination of tracts 1 and 2) is more than the bids for tracts 1 and 2 added together, the Tract 3 bid will prevail.

2019 REAL ESTATE TAXES: $268.59 (98 cents per acre).  Taxes will be prorated to closing date.

SHORT LEGAL: Part of Sections 10 & 11, Township 32 N-Range 9E, Bollinger County Missouri

SURVEY:  Property will not be surveyed.

MINERAL: Any mineral owned will transfer, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense a proper deed conveying merchantable title to the real estate to the buyer(s).

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release for the mortgage release, if applicable. Buyer shall pay for recording the deed of conveyance from Seller.  Title companies closing fee and owners title policy fee will be split equally by Buyer and Seller.  Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

Auctioneer: Wayne Keller