Marion County, MO Land Auction - Youse
Marion County, MO Land Auction - Youse
See Special Terms for additional fees
Description
Selling approximately 203 Acres± (subject to survey) in 2 Tracts located in Section 28, T57N•R5W, Miller Township, Marion County, MO.
Farm is located at the west edge of Hannibal, MO along US Hwy. 36 on the south and County Road 424 (West Ely Rd) on the north, just north of the Hannibal Regional Hospital Complex. Farm represents highly productive tillable cropland and offers premier development property for commercial as well as residential.
Auction Manager: Bill Fretwell (660) 341-7735
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Method and Terms
Lot # 0 (Sale Order: 1 of 3)
Acreages in this advertisement are estimated. A survey will be completed prior to the sale on both tracts. Tracts 1 & 2 will be sold individually on a price per acre basis based on acreages obtained from completed survey.
Bidding is NOT contingent upon financing.
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, payable to Accurate Land Title Co., which shall hold the money in escrow until closing.
The balance of the purchase price will be due at closing which will take place at Accurate Land Title Co. on or before December 23, 2020. Possession will be given at the time of closing subject to the harvest of the current corn & soybean crop.
The 2020 real estate taxes will be paid by the seller. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller.
All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
John T. Youse Irrevocable Trust
Mary Jo Youse Irrevocable Trust
Thomas T. Youse - Trustee
Representing Attorney:
John B. Morthland
Wasinger Parham, L.C.
2801 St. Marys
Hannibal, MO 63401
Ph: (573) 221-3225
Title Work By:
Accurate Land Title Co.
218 Broadway
Hannibal, MO 63401
Ph: (573) 221-1002
Tract 1 - 8.4 Surveyed Acres
Lot # 1 (Sale Order: 2 of 3)
Quantity: 8
- FSA figures should indicate approximately 12 acres of tillable cropland.
- Soil type: Menfro.
- Land represents 100% tillable cropland and offers premier development property for commercial as well as residential.
- Access from the north by County Road 424 (West Ely Rd).
The purchase agreement will be adjusted to a quantity of 8.4 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 193.4 Surveyed Acres
Lot # 2 (Sale Order: 3 of 3)
Quantity: 193
- FSA figures should indicate approximately 154.79 acres of tillable cropland.
- Soil types: Menfro & Belknap.
- Land represents highly productive tillable cropland with the balance in small wooded areas and timbered draws.
- Tract offers premier development potential.
- Access from the north by County Road 424 (West Ely Rd).
The purchase agreement will be adjusted to a quantity of 193.4 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
