A survey has been completed prior to the sale on all 5 tracts. Tracts 1-5 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-5 will be offered through the marketing method of "Buyer's Choice" whereas the high bidder can purchase (in any order) any or all of Tracts 1-5 for their high bid.

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 June 23, 2020.

Possession will be given at the time of closing subject only to the current pasture lease on Tract 1 and Tract 2. Buyer will be credited $514.00 at closing on Tract 1 and $1,750.00 at closing on Tract 2. Pasture lease expires January 31, 2021.

The 2019 real estate taxes will be paid by the seller.

The 2020 real estate taxes will be prorated to the date of closing. 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 FOR SURVEY PLAT

CLICK HERE FOR TRACT LEGAL DESCRIPTIONS

CLICK HERE FOR TRACT 1 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 2 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 3 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 4 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 5 PURCHASE AGREEMENT

Title work by:
Accurate Land & Title
218 Broadway, Hannibal, MO 63401
Phone: (573) 221-1002

Representing Attorneys:
John Briscoe - Briscoe & Brannon
423 S. Main St., New London, MO 63459
Phone: (573) 985-3411

John Morthland - Wasinger Parham, L.C.
2801 St. Marys, Hannibal, MO 63401
Phone: (573) 221-3225

• FSA figures should indicate approx. 21.35 acres of cropland
• Soil types include Lindley, Vigar, Armstrong & Mexico
• Land represents productive tillable cropland, stocked pond with the balance in mature timber which offers outstanding whitetail deer & wild turkey hunting acreage
• Access from the east by County Road 130

Tract 2 - 80.5 Surveyed Acres

• FSA figures should indicate approx. 65.71 acres of cropland
• Soil types include Armstrong, Lindley & Mexico
• Land represents productive tillable cropland, improved pasture land, excellent stocked lake with the balance in small timber tracts which offers excellent whitetail deer & wild turkey hunting acreage
• Access from the east by County Road 130

Tract 3 - 63.7 Surveyed Acres

• FSA figures should indicate approx. 45.34 acres of cropland
• Soil types include Armstrong, Mexico, Leonard, Gorin & Putnam
• Land represents productive tillable cropland, improved pasture land with the balance in mature timber & wooded draws. Tract offers excellent hunting/recreational acreage.
• Access from the west by County Road 130

Tract 4 - 42.9 Surveyed Acres

• FSA figures should indicate approx. 15.41 acres of cropland
• Soil types include Lindley, Gorin & Armstrong
• Land represents productive tillable cropland with the balance in a very nice stocked pond, hardwood timber and offers outstanding whitetail deer & wild turkey hunting acreage. Tract is improved with a 1967 built, 1,232 sq. ft., 3 bedroom, 1 bath, ranch style country home with full basement. Note: Home has been used for storage and is not in move in condition. Other improvements include a very good grain bin with drying floor, stirator and unloading auger as well as multiple older machinery/storage/shop outbuildings & corn cribs.
• Access from the northeast by County Road 130

Tract 5 - 48.2 Surveyed Acres

• FSA figures should indicate approx. 37.02 acres of cropland
• Soil types include Lindley, Armstrong, Mexico & Putnam
• Land represents productive tillable cropland with the balance in hardwood timber & wooded draws. Tract offers excellent hunting/recreational acreage.
• Access from the north by County Road 130

The purchase agreement will be adjusted to a quantity of 48.2 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.