Marjorie Boling Estate Land Auction

Marjorie Boling Estate Land Auction

Thursday, September 1, 2022  |  5:30 PM Central
Auction closed.
Marjorie Boling Estate Land Auction

Marjorie Boling Estate Land Auction

Thursday, September 1, 2022  |  5:30 PM Central
Auction closed.
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Description

Farm is 372 surveyed acres to be sold in 6 land tracts and one residential tract that includes home and 2.1 surveyed acres.

Description: Peoples Land Co, LLC is honored to offer the Marjorie K. Boling Estate property for sale at public auction. The sale will be held at the American Legion Hall in Shelbina, MO on September 1, 2022 at 5:30 p.m. The land tracts (Tracts 1-6) will be offered at the Buyer’s Choice Method of Auction and then the Residential Tract (Tract 7) will be sold at the end of the auction based on a lump sum amount. These farms present an opportunity for everyone to own a piece of land in a very sought after area in Shelby County, Missouri. The farm provides for all buyers as there is a mix of outstanding tillable acreage, top notch hunting acreage, phenomenal build site opportunities along with the option to purchase a turnkey residence right off of Highway 36. All of these tracts have been cared for at the highest level from the tillable acreage to the well managed hunting tracts. This is one that you will not want to miss as this is a once in a...
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Peoples Land Company


(660) 651-6501
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Terms and Conditions

Lot # A (Sale Order: 1 of 8)      

10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. SALE IS NOT CONTINGENT UPON FINANCING. CLOSING TO BE ON OR BEFORE OCTOBER 14, 2022. 2022 TAXES WILL BE PRORAT...moreED TO DATE OF CLOSING. TITLE INSURANCE WILL BE PAID BY THE SELLER. CLOSING COSTS AND COST TO CONDUCT CLOSING WILL BE SHARED BY BUYER AND SELLER 50/50. BUYER TO PAY ALL RECORDING FEES. SELLER AND TENANT HAVE RIGHT TO HARVEST 2022 CROPS ON PROPERTY. NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. ANY DEER STANDS AND BLINDS DO NOT AUTOMATICALLY CONVEY WITH PROPERTY. CURRENT HUNT TENANT IS INTERESTED IN SELLING BLINDS CURRENTLY ON PROPERTY. HOWEVER, IF NOT PURCHASED FROM HUNT TENANT, THEN ALL BLINDS WILL BE REMOVED BY CLOSING DATE. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING. Property will be sold at the 'Buyer's Choice Method' with Tract 7 selling for a lump sum at the conclusion of the sale of tracts 1-6 Representing Attorney: John W. Russell 201 W. Summer St., Monroe City, MO 63456 Closing and Title Insurance: Monroe County Abstract & Title 229 North Main St., Paris, MO 65275 The farm will be sold subject to Seller Confirmation. NOTE: Proxi Rounds up to the nearest whole number on acreage. The final purchase price will be the surveyed acres X the hammer price.

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Boling Tract 1

Lot # 1 (Sale Order: 2 of 8)      

Quantity: 82

Tract 1 – 81.5 Surveyed acres with 76.7 FSA open acres. 95% tillable with wonderful soils and county road frontage along Shelby 424. NOTE: NEW BUYER WILL BE CREDITED AT...more CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. Buyer of the following tracts will be credited at closing for the second half of the cash rent:Tract 1 - 76.7 open acres x $98.69 = $7569.53

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Sold for: USD 11,200.00
$11,200.00 x 82 = $918,400.00
Total Bid: USD 918,400.00

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$11,200.00 x 82 = $918,400.00 Total

Boling Tract 2

Lot # 2 (Sale Order: 3 of 8)      

Quantity: 84

Tract 2 – 83.8 Surveyed acres. All mature timber with a creek running through the property. County road frontage along Shelby 424. This tract is a top notch hunting tr...moreact that is hard to find.

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Sold for: USD 3,050.00
$3,050.00 x 84 = $256,200.00
Total Bid: USD 256,200.00

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$3,050.00 x 84 = $256,200.00 Total

Boling Tract 3

Lot # 3 (Sale Order: 4 of 8)      

Quantity: 42

Tract 3 – 41.7 Surveyed acres. All mature timber that offers great hunting and outstanding build sites. Hard to find smaller tract. County road frontage on 2 sides alo...moreng Shelby 424.

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Sold for: USD 4,050.00
$4,050.00 x 42 = $170,100.00
Total Bid: USD 170,100.00

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$4,050.00 x 42 = $170,100.00 Total

Boling Tract 4

Lot # 4 (Sale Order: 5 of 8)      

Quantity: 42

Tract 4 – 41.7 Surveyed acres with 20.21 FSA open acres. The open acreage offers great income or build site opportunities along with the timber for great hunting as well...more. Hard to find smaller tract. County road frontage along Shelby 424. NOTE: NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. Buyer of the following tracts will be credited at closing for the second half of the cash rent:Tract 4 - 20.21 open acres x $98.69 = $1994.53

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Sold for: USD 6,900.00
$6,900.00 x 42 = $289,800.00
Total Bid: USD 289,800.00

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$6,900.00 x 42 = $289,800.00 Total

Boling Tract 5

Lot # 5 (Sale Order: 6 of 8)      

Quantity: 83

Tract 5 – 83.2 Surveyed acres with 68.87 FSA open acres. 83% tillable with great soils. Has a grain bin, old barn, beautiful pond, and a wonderful build site as well. ...moreCounty road frontage on 2 sides along Shelby 424. NOTE: NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. Buyer of the following tracts will be credited at closing for the second half of the cash rent:Tract 5 - 68.87 open acres x $98.69 = $6796.78

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Sold for: USD 9,700.00
$9,700.00 x 83 = $805,100.00
Total Bid: USD 805,100.00

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$9,700.00 x 83 = $805,100.00 Total

Boling Tract 6

Lot # 6 (Sale Order: 7 of 8)      

Quantity: 40

Tract 6 – 40.1 Surveyed acres with 40 FSA open acres. Nearly 100% tillable with top soils. Blacktop frontage along Highway A and County road frontage along Shelby 424 ...more NOTE: NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. Buyer of the following tracts will be credited at closing for the second half of the cash rent:Tract 6 - 40 open acres x $98.69 = $3947.60

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Sold for: USD 16,500.00
$16,500.00 x 40 = $660,000.00
Total Bid: USD 660,000.00

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$16,500.00 x 40 = $660,000.00 Total

Boling Tract 7

Lot # 7 (Sale Order: 8 of 8)      

Tract 7 – Large home on 2.1 acres right off of Highway 36 along Highway A. This absolutely beautiful home has been well maintained and the location is perfect. It is a ...moreone story brick home built in 1986 with approximately 2300 square feet of living space. The house and property offers endless opportunities for the new buyer. The home's address of 6483 Highway A, Lentner, MO 63450 This lot will be sold "lump sum" after tracts 1-6 are sold.

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Sold for: USD 137,000.00

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