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Method & Terms Lot #0 (Sale Order 1 of 6) This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-5. Open House: Saturday, February 19, 2022 from 11 AM - 1 PM 1421 Hwy 3 Armstrong, MO 65230 and 1561 Hwy 3 Armstrong, MO 65230 A survey has been completed and all tracts will be sold on a price per acre basis, based on the acreages obtained from the 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 the 5 tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been elected. The tracts will not be offered in their entirety at the end 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 Tri County Land Title Services, 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 April 12, 2022 at Tri County Land Title Services. Possession will be given at the time of closing. Farm will sell free & clear for the 2022 crop year. 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 TRACT 1 PURCHASE AGREEMENT CLICK HERE TO VIEW TRACT 1 RESIDENTIAL DISCLOSURE CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT CLICK HERE TO VIEW TRACT 5 RESIDENTIAL DISCLOSURE Hayhurst Farms Representing Attorney: Rouner Law Office David Rouner 400 N. Franklin Street Kirksville, MO 63501 (660) 665-7515 Title Work: Tri County Land Title Services 104 Professional Pkwy Troy, MO 63379 (636) 775-2274 Auction Managers: Bill Fretwell (660) 341-7735 Jennifer Wood (217) 257-8812 |
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Tract 1 - 298.6 Surveyed Acres Lot #1 (Sale Order 2 of 6) Open House: Saturday, February 19, 2022 from 11 AM - 1 PM 1421 Hwy 3 Armstrong, MO 65230
The purchase agreement will be adjusted to a quantity of 298.6 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,550.00 x 299 = $1,360,450.00 Total
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Tract 2 - 155.6 Surveyed Acres Lot #2 (Sale Order 3 of 6)
The purchase agreement will be adjusted to a quantity of 155.6 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,550.00 x 156 = $709,800.00 Total
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Tract 3 - 129.8 Surveyed Acres Lot #3 (Sale Order 4 of 6)
The purchase agreement will be adjusted to a quantity of 129.8 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,550.00 x 130 = $591,500.00 Total
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Tract 4 - 238.1 Surveyed Acres Lot #4 (Sale Order 5 of 6)
The purchase agreement will be adjusted to a quantity of 238.1 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,550.00 x 238 = $1,082,900.00 Total
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Tract 5 - 20 Surveyed Acres Lot #5 (Sale Order 6 of 6) Open House: Saturday, February 19, 2022 from 11 AM - 1 PM 1561 Hwy 3 Armstrong, MO 65230
The purchase agreement will be adjusted to a quantity of 20 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$6,850.00 x 20 = $137,000.00 Total
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