Knox County, MO Land Auction - Palmer
Knox County, MO Land Auction - Palmer
See Special Terms for additional fees
Description
Knox County, Missouri
The Palmer farm is located 4.8 miles east of Novelty, MO on County Road 372 just off Hwy 15, or 5 miles northwest of Plevna, MO. The farm is further described as being located in Section 10, T60N-R11W, Bourbon Township, Knox County, Missouri.
The land contains a total of 121.80 taxable acres, will be sold in 1 tract, and represents productive tillable farmland.
Auction Managers:
Louie Zinn (319) 795-2314
Dan Sullivan (319) 795-1833
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Method & Terms
Lot # 0 (Sale Order: 1 of 2)
This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.
The Palmer farm will be sold on a price per acre basis, based on taxable acres.
Immediately following the auction, the successful buyer 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, payable to Knox County Abstract, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before April 19, 2024.
The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes. Buyer will be responsible for 2024 real estate taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
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 Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW TITLE COMMITMENT
Palmer Farms Inc
Closing & Title Work:
Knox County Abstract
105 S 1st St, Edina, MO 63537 | (660) 397-3259
Auction Managers:
Louie Zinn (319) 795-2314
Dan Sullivan (319) 795-1833
Tract 1 - 121.80 taxable acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 122
- FSA records indicate 115.97 cropland acres
- Soil types include Kilwinning, Armstrong, Keswick, and Putnam
- Land represents productive tillable cropland with recent improvements completed
- Access along the south off County Road 372(Providence Street)
The purchase agreement will be adjusted to a quantity of 121.80 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
