Ralls County, MO Land Auction - Hagan
Ralls County, MO Land Auction - Hagan
See Special Terms for additional fees
Description
Ralls County, Missouri
The L.J. & Ruth C. Hagan Trust farm is located in Ralls County, MO. Tract 1 is located approximately 2 ½ miles north of Center, MO and is further described as being located in Section 14, T55N-R6W, Center Township. Tract 2 is located between Center, MO and New London, MO, north of Hwy 19 along Omaha Rd and Creek Ln, and is further described as being located in Section 16, T55N-R5W, Spencer Township. Tract 3 is located between Center, MO and New London, MO, north of Hwy 19, south of Creek Ln and is further described as being located in Sections 16 & 21, T55N-R5W, Spencer Township.
The real estate contains 313.2 total acres± and will be sold in 3 tracts. The farm represents highly productive tillable cropland.
ALL TRACTS SELL WITH FULL POSSESSION FOR THE '24 CROP YEAR!
Auction Managers:
Steve Zeiger (573) 231-9802
Dan Sullivan (319) 795-1833
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Method & Terms
Lot # 0 (Sale Order: 1 of 4)
This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-3.
The L.J. and Ruth C. Hagan Trust farm will be sold on a price per acre basis, based on taxable acres of Tract 1 and surveyed acres of Tracts 2 & 3. All tracts will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered "Buyer's Choice" until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.
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 Monroe County Abstract and Title, 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 Friday, April 26, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes due and payable in 2024. Buyer pays 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Full possession will be given at the time of 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 - TRACT 1
CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 2
CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 3
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW SURVEY PLAT - TRACTS 2 & 3
L.J. & Ruth C Hagan Trust
Representing Attorney:
James McConnell Law Office
127 E Walnut St, Shelbina, MO 63468 | (573) 588-2115
Closing & Title Work:
Lisa Minor | Monroe County Abstract & Title Co.
PO Box 248, 229 North Main, Paris, MO 65275 | (660) 327-4109
Auction Managers:
Steve Zeiger (573) 231-9802
Dan Sullivan (319) 795-1833
Tract 1 - 101 taxable acres
Lot # 1 (Sale Order: 2 of 4)
Quantity: 101
- FSA records indicate 96.73 cropland acres
- NCCPI overall soil rating of 73.2
- Soil types include Mexico, Menfro, and Winfield
- Access along the east from Hwy H
The purchase agreement will be adjusted to a quantity of 101 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 56.7 surveyed acres
Lot # 2 (Sale Order: 3 of 4)
Quantity: 57
- FSA records indicate 54.58 cropland acres
- NCCPI overall soil rating of 72.3
- Soil types include Mexico and Putnam
- Access along the east from Omaha Rd and along the south from Creek Lane
The purchase agreement will be adjusted to a quantity of 56.7 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 3 - 155.5 surveyed acres
Lot # 3 (Sale Order: 4 of 4)
Quantity: 156
- FSA records indicate 146.73 cropland acres
- NCCPI overall soil rating of 70
- Soil types include Mexico, Leonard, and Putnam
- Access along the north from Creek Ln
The purchase agreement will be adjusted to a quantity of 155.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
