Sharon Utterback Revocable Trust

Sharon Utterback Revocable Trust

Thursday, September 28, 2023  |  10:00 AM Central
Auction closed.
Sharon Utterback Revocable Trust

Sharon Utterback Revocable Trust

Thursday, September 28, 2023  |  10:00 AM Central
Auction closed.
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Description

Virtual Online Auction
Seller: Sharon Utterback Revocable Trust
Paul Mitchell Young – Trustee
391.9 Surveyed Acres • 7 Tracts
Ranch style home located in Perry, MO – Tract 8

Sale Date: Thursday, September 28, 2023
Sale Time: 10:00 AM CST



OPEN HOUSE!
Please Note: The public viewing for the Utterback home (Tract 8) located in Perry, MO will now be:
THURSDAY, SEPTEMBER 21, 2023 • 4:00 – 5:30 P.M.
If you have any questions, please call the office at 833-273-9300.

Representing Attorney:
Mark S. Wasinger
Wasinger Parham, L.C.
2801 St. Marys
Hannibal, MO 63401
(573) 221-3225

Title Work By:
Accurate Land Title Co.
218 Broadway
Hannibal, MO 63401
(573) 221-1002

Auction Representatives:
Jim Huff (319) 931-9292
John Probasco (641) 856-7355

Merit Auctions, LLC


319-405-0031
Catalog Terms of sale
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This lot is informational and may be used for test bidding - place your actual bids below.

Lot # 0 (Sale Order: 1 of 9)      

A survey has been completed. Tracts 1-7 will be sold on a price per acre basis, based on the completed survey acres.  The tracts will sell in three separate lots. First, Tracts 1-4 will be sold via the marketing method of Buyers Choice, whereas the high bidder can purchase (in any order) any of tracts 1-4. Buyers Choice auctioning will continue until all of tracts 1-4 have been elected. Next, Tracts 5-7 will sell via the same method, and auctioning will continue until all of tracts 5-7 have been elected. Last, Tract 8 (house tract in Perry), will sell based on 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 to Accurate Land Title Company, which will hold the money in escrow until closing. Said signing of the real estate sales contracts will be done via DocuSign or via email.

The balance of the purchase price will be due at closing which will take place on or before October 30, 2023 at Accurate Land Title Company. Possession will be given at the time of closing subject to the removal of the 2023 crop and the current cash rent & pasture rent leases. Farm sells free & clear for the 2024 crop year. 

The 2023 real estate taxes will be paid by the seller. The 2024 & 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.  Title company 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 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 Merit Auctions pertaining to this property. Real estate is being sold AS IS.


Sharon Utterback - Plat Map Tracts 1,2,3, and 4 .pdf
Sharon Utterback - Plat Map Tracts 5,6 and 7.pdf
Utterback-Titlework-.pdf
...more

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PASSED

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This lot was not sold.

Placing your bid. please wait...

Reserve Not Met

Tract 1 - 97.9 Surveyed Acres

Lot # 1 (Sale Order: 2 of 9)      

Quantity: 98

  • Tract offers highly productive tillable cropland 
  • FSA information indicates approximately 87.13 cropland acres
  • Soil types include productive Putnam, Mexico & Leonard soils
  • Access from the east by Monroe County Rd 689
  • Please note the Purchase Agreement will reflect 97.9 Acres. The bidding platform will round the quantity to 98 Acres

Utterback-Purchase Agreement-Tract1.pdf
Sharon Utterback-Tract 1- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 10,500.00
$10,500.00 x 98 = $1,029,000.00
Total Bid: USD 1,029,000.00

You've been outbid  to r****n! to YOU!

Placing your bid. please wait...

$10,500.00 x 98 = $1,029,000.00 Total

Tract 2- 57.6 Surveyed Acres

Lot # 2 (Sale Order: 3 of 9)      

Quantity: 58

  • Tract offers highly tillable productive cropland with blacktop frontage
  • FSA information indicates approximately 53.21 cropland acres
  • Soil types include productive Putnam, Mexico & Leonard soils
  • Access from the north by Hwy D, or from the east by Monroe County Rd 689
  • Please note the Purchase Agreement will reflect 57.6 Acres. The bidding platform will round the quantity to 58 Acres.


 
Utterback-Purchase Agreement-Tract2.pdf
Sharon Utterback-Tract 2- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 10,500.00
$10,500.00 x 58 = $609,000.00
Total Bid: USD 609,000.00

You've been outbid  to r****n! to YOU!

Placing your bid. please wait...

$10,500.00 x 58 = $609,000.00 Total

Tract 3 - 72 Surveyed Acres

Lot # 3 (Sale Order: 4 of 9)      

Quantity: 72

  • Tract offers highly productive tillable cropland with blacktop frontage
  • FSA information indicates approximately 60.36 cropland acres
  • Soil types include productive Mexico, Putnam & Leonard soils
  • Access from the north by Hwy D

Utterback-Purchase Agreement-Tract3 .pdf
Sharon Utterback-Tract 3- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 10,200.00
$10,200.00 x 72 = $734,400.00
Total Bid: USD 734,400.00

You've been outbid  to o****n! to YOU!

Placing your bid. please wait...

$10,200.00 x 72 = $734,400.00 Total

Tract 4 - 12.6 Surveyed Acres

Lot # 4 (Sale Order: 5 of 9)      

Quantity: 13

  • Tract offers a picturesque rural home setting with a 1,983 sq ft 2-story farmhouse built in 1880, several usable older outbuildings and livestock barns
  • Tract is further improved with an impressive hedge-row lined canopied private driveway
  • Tract offers ideal rural building site with blacktop frontage
  • Access from the north by Hwy D
  • Please note the Purchase Agreement will reflect 12.6 Acres. The bidding platform will round the quantity to 13 Acres.

Utterback-Purchase Agreement-Tract4.pdf
Sharon Utterback-Tract 4- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,100.00
$9,100.00 x 13 = $118,300.00
Total Bid: USD 118,300.00

You've been outbid  to P****s! to YOU!

Placing your bid. please wait...

$9,100.00 x 13 = $118,300.00 Total

Tract 5 - 42.3 Surveyed Acres

Lot # 5 (Sale Order: 6 of 9)      

Quantity: 42

  • Tract offers highly-sought after Hwy J frontage just minutes from Mark Twain Lake and is a well-maintained pasture tract with recreational opportunities
  • FSA information indicates approximately 33.43 cropland acres currently in pasture
  • Soil types include Leonard, Mexico, Gosport & Armstrong
  • Access from the west by Hwy J, or from the north by Monroe Trl
  • Please note that the Purchase Agreement will reflect 42.3 Acres. The bidding platform will round the quantity to 42 Acres

 
Utterback-Purchase Agreement-Tract5.pdf
Sharon Utterback-Tract 5- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 12,100.00
$12,100.00 x 42 = $508,200.00
Total Bid: USD 508,200.00

You've been outbid  to j****7! to YOU!

Placing your bid. please wait...

$12,100.00 x 42 = $508,200.00 Total

Tract 6- 38.1 Surveyed Acres

Lot # 6 (Sale Order: 7 of 9)      

Quantity: 38

  • Tract offers well-maintained pastureland with recreational opportunities & several potential building sites near Mark Twain Lake
  • FSA information indicates approximately 22.75 cropland acres currently in pasture
  • Soil types include Gosport, Armstrong, Mexico & Goss
  • Access from the north by Monroe Trl
  • Please note the Purchase Agreement will reflect the 38.1 Acres. The bidding platform will round the quantity to 38 Acres.

 
Utterback-Purchase Agreement-Tract6.pdf
Sharon Utterback-Tract 6- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,100.00
$9,100.00 x 38 = $345,800.00
Total Bid: USD 345,800.00

You've been outbid  to m****k! to YOU!

Placing your bid. please wait...

$9,100.00 x 38 = $345,800.00 Total

Tract 7 - 71.4 Surveyed Acres

Lot # 7 (Sale Order: 8 of 9)      

Quantity: 71

  • Tract offers highly sought-after Hwy J frontage and is a well-maintained pasture tract with recreational opportunities close to Mark Twain Lake
  • FSA information indicates approximately 67.6 cropland acres currently in pasture
  • Soil types include Gosport, Leonard, Armstrong, Calwoods, Goss & Mexico
  • Access from the west by Hwy J
  • Please note the Purchase Agreement will reflect 71.4  Acres. The bidding platform will round the quantity to 71 Acres. 

Utterback-Purchase Agreement- Tract7.pdf
Sharon Utterback-Tract 7- Description.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,100.00
$9,100.00 x 71 = $646,100.00
Total Bid: USD 646,100.00

You've been outbid  to m****k! to YOU!

Placing your bid. please wait...

$9,100.00 x 71 = $646,100.00 Total

Tract 8 - 304 S. Madison Street Perry, MO 63462

Lot # 8 (Sale Order: 9 of 9)      

  • Tract includes a very well-maintained 3-bed, 2.5-bath, 2,441 sq ft brick ranch home with a full basement & attached 2-car garage 
  • Home features an open floor plan, big rooms, spacious kitchen & nice sunroom
  • Tract sells with an oversized lot and includes the lot next door, with an older home scheduled to be demolished and removed by the city. 
  • Access from the east by Madison St

Utterback-Purchase Agreement-Tract8.pdf

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 222,500.00

You've been outbid  to m****4! to YOU!

Placing your bid. please wait...

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