This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-4.

Open House: Saturday, June 11th from 10:00AM - 12:00 Noon

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 4 tracts. Tracts 1-3 will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-3 will be offered through the marketing method of "Buyers Choice", whereas the high bidder can purchase (in any order) any or all of the 3 tracts for their high bid.  "Buyers Choice" auctioning will continue until all tracts have been elected.  Tract 4 will then be sold for a lump sum total dollar amount.   The tracts will not be offered in their entirety at the conclusion 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, payable to Accurate Land Title Company, which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing which will take place on or before July 13, 2022 at Accurate Land Title Company.  Possession will be given at the time of closing subject to the 2022 only cash rent farm lease. Buyer will be credited at closing for the entire 2022 cash rent payment.

The 2022 real estate taxes and subsequent years will be the responsibility of the buyer(s).  Title insurance in the full amount of the purchase price will be provided by the seller.  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 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.  Buyer should verify the information to their satisfaction. There are no expressed or implied warranties made by the 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 TITLE COMMITMENT


CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT


Harold C. Gilbert Farm

Representing Attorney:
John Briscoe
Briscoe & Brannon
423 South Main Street
New London, MO 63459
(573) 985-3411

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

Auction Managers:
Bill Fretwell (660) 341-7735
Jennifer Wood (217) 257-8812
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• FSA figures should indicate approximately 22.83 cropland acres
• Land represents well-maintained highly productive tillable cropland 
• Soil types: Putnam, Mexico, Leonard
• Access from the east by CR 454

The purchase agreement will be adjusted to a quantity of 23.9 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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• FSA figures should indicate approximately 30.78 cropland acres
• Land represents improved pastureland and includes a 48x75 steel utility shed & grain bin
• Soil types: Lindley, Leonard, Calwoods, Armstrong, Keswick, Mexico
• Access from the south by CR 450

The purchase agreement will be adjusted to a quantity of 41.2 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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• FSA figures should indicate approximately 5.5 cropland acres and approximately 4.69 open acres
• Land represents highly productive tillable cropland and includes a 50x56 historic barn, 42x20 garage, 30x15 barn & 20x26 garage, along with a 1,204 sq ft older home (no value)
• Soil types: Leonard, Mexico, Armstrong
• Access from north by CR 450

The purchase agreement will be adjusted to a quantity of 12.1 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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Open House: Saturday, June 11th from 10:00AM - 12:00 Noon

• FSA figures should indicate approximately 4.53 cropland acres
• Tract includes an 1,808 sq ft ranch-style home built in 1994 with 2-bedrooms & 1.5-bathrooms on the main level, a partially finished basement with 2-bedrooms & 1-bathroom, forced air gas furnace, central air, shingle roof, attached 2-car garage & nice country setting with a lake & big yard
• Soil types: Leonard, Mexico, Armstrong
• Access from the east by CR 454
• Please Note:  The furniture and belongings have been removed from the house and possession will transfer at closing.  There is some black mold in the basement area that is visible.

This tract will be sold for a lump sum, total dollar amount.
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