81.3 Acres ± Sullivan County, MO Land Auction

81.3 ACRES ± SULLIVAN COUNTY, MO LAND AUCTION

Sale Date: Friday, November 1, 2024

Sale Time: 1:00 PM CST

Auction Venue: Sale to be held at the Milan Community Center - 205 N. Market St., Milan, MO 63556

Auction to be conducted as a live on-site auction with live online bidding.

LOCATION

The Breeden farm is located approximately 7 miles southeast of Harris, MO or approximately 15 miles northwest of Milan, MO. Land is further described as being located in Section 7, T63N-21W, Liberty Township, Sullivan County, MO.

From Harris take Hwy E east for 5.5 miles to Hwy WW, then go west on Hwy WW for 1 mile to Buckboard Drive, farm is south on Buckboard. From Milan take Hwy E west and then north for 13.5 miles to Hwy WW, then go west on Hwy WW for 1 mile to Buckboard Drive, farm is south on Buckboard.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLER

Sandra Breeden Trust

ONLINE BIDDING

CLICK HERE FOR ONLINE BIDDING!

BIDDING NOW OPEN!

GENERAL INFORMATION

Selling 81.3 Taxable Acres ± • 1 Tract

SOLD!

TRACT - $3,800.00 PER ACRE

TOTAL - $308,940.00

The farm represents productive cropland currently in CRP and offers tremendous recreational and hunting opportunities. The farm also favors a great potential building site being just a short jog off the blacktop highway. Investors, farmers, hunters and outdoor enthusiasts, make plans to go look at this farm!

This is a live on-site auction with live online bidding. The farm will sell free and clear of any hunting leases.

Property Features:

Tract - 81.3 taxable acres ±

FSA information indicates 63.37 tillable acres of cropland with 58.77 of those acres currently in CRP at a payment rate of $133.28 per acre through 9-30-2038
Predominant soil type: Armstrong, Gara
Land represents productive tillable cropland currently in CRP and offers premier whitetail deer & wild turkey hunting acreage
Potential building site
Access from the west by Buckboard Drive

Note: Click on image to enlarge.

METHOD & TERMS

Sale Method: The farm will be sold on a price per acre basis based on 81.3 taxable acres. Property will be sold in as-is condition and is NOT contingent upon buyer's financing, condition of property, appraisal, inspection, or any other contingencies.

Purchase Agreement: At the conclusion of the auction, the successful bidder will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, payable to Sullivan County Title, which shall hold the money in escrow until closing.

Closing: The balance of the bid price will be due at the time of closing in approximately 30 days, on or before Monday, December 9, 2024, which will take place at Sullivan County Title. Title insurance in the full amount of the purchase price will be provided by the seller. The 2024 real estate taxes will be paid by the seller. Possession will be transferred to buyer at the time of closing subject to the current CRP contract. The buyer will receive the entire 2025 CRP payment.

Announcements: This sale is subject to all easements, covenants, leases, and restrictions of record. Any announcements made auction day by Teter Auction Company will take precedence over any previously printed materials or oral statements. Bidding increments are at the sole discretion of the Auctioneer. Online bidders must pre-register and have prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All lines drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to the property.