380+/- Acres Pettis County, Missouri
Selling in 5 Tracts At
UNRESERVED ONLINE AUCTION
Thursday, May 30, 2019
Bidding opens May 16th and ends May 30th at 10:00AM
This property has everything you’re looking for. If you are looking to start or expand your cow/calf operation (30-50 pair capacity), this is a working facility and will be worth your time exploring. The Morton Building (72’x50’) is already set up with corrals, which are included (a 25K-30K added value) to run your new or existing operation. There is well-maintained, 5-barb, wire fencing around two-thirds of the property. The water supply right now is coming from the neighbor in the southeast corner. You may possibly work something out with them or drill your own well. The west side of this tract has a very established shelterbelt which joins the east side of tract 4 and has a nice pond protected by surrounding trees. The northeast corner would be a fantastic location to build a new house.
The hay on this tract will be cut and baled prior to closing, the buyer shall have the option to retain the 1st cutting by paying the cutting and baling bill of $30/per bale at the buyers option.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning May 16, 2019, and ending May 30, 2019, at 10:00 a.m. These tracts are coupled together, the closing times will be automatically extended when any one of the 5 tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Open House:
There will be an open house Wednesday, May 29, 2019,from 2:00 pm to 5:00 pm at the Best Western-State Fain Inn, Executive II Room. Refreshments will be provided!
Plan to Attend the Informational Meeting & Auction:
Best Western-State Fair Inn
3120 South Limit Avenue
Sedalia, Missouri 65301
BigIron Realty Agents will be at The Best Western-State Fair Inn in Sedalia, Missouri, on May 30, 2019, from 8:00 a.m. until the conclusion of the online auction. Please come during the time scheduled to discuss the farm. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone.
Legal Description: The S 60 Ac of the E ½ of the NW ¼ (ex 3.3 Ac SW COR) Section 27-44-22 Pettis County, Missouri, containing 55+/- acres.
2018 Taxes: $257.73 (approximately due to splitting of tract)
Land Location: From the intersection of Hwy 65 and Hwy B in Sedalia, go 5 miles west on Hwy B to Hwy E, turn south on Hwy E and go 6 miles. The property will be on the west side of road. From the intersection of Hwy 65 and Hwy 52, turn west and go 3 ½ miles to Hwy E, turn north and go 1 ½ miles. The property will be on the west side of the road. Watch for signs!
Owner: Michael D. Brown
Title Services: Landmann Title Co., Sedalia, MO
For more information, contact listing agent:
Roger Bode 636-697-4603
Note: Seller financing is available, contact Listing Agent for details.
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to BigIron Realty Trust Account. The earnest deposit can be made by a personal check, company check or by wire transfer. Seller financing is available. The balance will be due at closing on or before July 1, 2019. Seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the buyer and seller. The 2018 real estate taxes will be paid by the Seller, and the 2019 Real Estate Taxes will be paid by the Buyer. Property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.