ONLINE LAND AUCTION: Vernon County MO 118+- Acres / 1 Tract (MO76A)

ONLINE AUCTION: Vernon County MO 118+- Acres - 1 Tract

Bidding Closes Thursday, February 11, 2021 at 8:00 p.m. CST

Property Inspection: Saturday January 30, from 9:00 a.m. to 12:00 Noon OR Call Saleperson Jay Tucker at 618-444-7710

Property Address: 25223 E B Hwy, Sheldon MO

(Property is on the Corner of Co Rd B and DD.  From Hwy 49 take Hwy B east 7 miles to the intersection of B and DD.)

Notice: Bidding will be Fixed/Flat Bidding.  The bid you submit will be posted immediately.  Not - eBay style/ Max Bid.  

DESCRIPTION

118+/- acres at the Northeast corner of B and DD Highway.  96+/- acres of tillable ground and 22+/- acres of possible marketable timber.  Tillable ground is good quality soils; predominately Barden Silt Loam, Barco and Coweto Loam.  Lease is open for the 2021 crop season.

This property could also be income producing hunting ground as it has several big tracks of timber nearby.  It is also a short distance from The Clear Creek Conservation Area and the Risch Conservation Area. See web links below.

CLEAR CREEK CONSERVATION AREA

EDWARD B. AND MARIE O. RISCH CONSERVATION AREA

Property will be sold in one tract. No buyers premium.

Short Legal:  Tax ID#s:  22-7.0-25-000-000-0010-000 AND 22-7.0-25-000-000-0005-000.  All  in Section 25 of Township 34 North and Range 30 West, Vernon County Missouri.

2020 Taxes: $185.85 (which have been paid). Taxable acres are 117.88.

TERMS AND CONDITIONS

NO BUYER'S PREMIUM

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Sale is subject to the confirmation of the Sellers.

SURVEY: Property will not be surveyed.

PROCEDURE: Property will sell as a whole with no divisions. Bidding is on a per acre basis, based on the tax bill acres.

TAX ID#: 22-7.0-25-000-000-0010-000 AND 22-7.0-25-000-000-0005-000.

TAXES: $185.85 (2020 taxes have been paid). Prorated to day of closing. Taxable acres are 117.88.

SHORT LEGAL: Section 25 of Township 34 North and Range 30 West, Vernon County Missouri.

MINERAL: Any mineral interests owned by the seller, if any, will transfer.

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.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

SELLER’S EXPENSES: Seller agrees to pay: All costs and expenses for releasing any existing loans and/or recording releases thereof; one-half of the closing fee charged by closing agent; the cost of the title search and owner’s title insurance policy premium; the cost for the preparation of deed and if applicable, any IRS Certification Exemption Form by credit against the purchase price the Sellers obligation for real estate taxes as pro-rated to day of closing, any transfer taxes; the cost of recording any mortgage, deed of trust or lien releases as to the Property.

BUYER’S EXPENSES: Buyer agrees to pay: all expenses incident to any Buyer loan (including but not limited to, points, loan commitment fees, loan closing fees, preparation of note, mortgage, and other loan documents, recording fees, pre-payable interest, credit reports);  one-half of the closing fee charged by closing agent;  the cost of any copies of documents pertaining to restriction, easements, or conditions affecting the Property;  the cost of recording the deed from Seller to Buyer.

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. Marketing Information is from public and private sources.  All information is considered accurate, but not guaranteed and subject to buyer verification.  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 10 minutes will extend the auction bidding another 10 minutes. This will continue until there are no more bids.  Sale is subject to the confirmation of the Sellers. Any announcements made prior to the close of bidding will take precedence over written material.

SELLER: Parker Family LLC

AUCTIONEER: Wayne Keller