Public Auction Sale: Scotland County, MO Land Auction - Shelley

LOCATION & GENERAL INFORMATION

Tracts 1 & 2 are located approximately 9 miles north of Memphis, MO or approximately 11 miles south of Milton, IA in Section 36, T67N•R12W, Union Township, Scotland County, MO.

From Memphis, take Hwy 15 north for approximately 6.7 miles, then turn west onto Hwy C for approximately 1 mile, then turn north onto Hwy DD for approximately 1.3 miles, farm ahead on west side of road.

From Milton, IA, take Hwy 15 south for approximately 8 miles, then turn west onto Hwy H for approximately 0.4 miles, then continue west onto Hwy C for approximately 1 mile, then turn north onto Hwy DD for approximately 1.3 miles, farm ahead on west side of road.

Tract 3 is located approximately 9.5 miles northwest of Memphis, MO or approximately 13.5 miles northeast of Downing, MO in Section 9, T66N•R12W, Union Township, Scotland County, MO.

From Memphis, take Hwy 15 north approximately 3.3 miles, then turn west onto Hwy CC for approximately 5.6 miles, then go north onto CR 911 for approximately 0.1 miles, then turn east onto CR 908 for approximately ½ mile, property ahead on north side of road.

From Downing, take Hwy 136 east approximately 5.7 miles, then turn north onto Hwy B for approximately 6.2 miles, then turn east onto Hwy CC for approximately 1 mile, then turn north onto CR 911 for approximately 0.1 miles, then turn east onto CR 908 for approximately ½ mile, property ahead on north side of road.

Farm represents highly productive tillable cropland, outstanding Northern Missouri Whitetail Deer & Wild Turkey Hunting acreage, blacktop frontage & ideal rural building sites!

TRACT INFORMATION

TRACT 1 - 19.6 Surveyed Acres

FSA figures should indicate approximately 16.2 cropland acres
Land represents highly productive tillable cropland with blacktop frontage
Soil types: Armstrong, Adco & Edina
Access from the south by Hwy DD

TRACT 2 - 55.2 Surveyed Acres

FSA figures should indicate approximately 41.02 cropland acres
Land represents highly productive tillable cropland and tract offers prime whitetail deer & wild turkey hunting acreage
Soil types: Armstrong, Adco & Edina
Access from the east & north by Hwy DD

TRACT 3 - 78.5 Acres± (Subject to survey)

FSA figures should indicate approximately 78.5 cropland acres
Land represents highly productive tillable cropland
Soil types: Adco, Edina, Lamoni & Gara
Access from the south by CR 908

METHOD AND TERMS

Acreages in this advertisement are estimated. A survey will be completed and all tracts 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 tracts 1-3 for their high bid. “Buyers Choice” auctioning will continue until all tracts have been elected. 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 Scotland County Abstract, which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing. Closing will take place on or before March 2, 2023 at Scotland County Abstract. Farm will sell free & clear for the 2023 crop year.

The 2022 real estate taxes will be paid by the seller and the 2023 real estate taxes and all 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”.