161 Acres ± Livingston County, MO Land Auction

161 ACRES ± LIVINGSTON COUNTY, MO LAND AUCTION

Sale Date: Tuesday, December 3, 2024

Sale Time: 10:00 AM CST

Auction Venue: Sale to be held at the Wheeling Community Center - 309 N. 3rd St., Wheeling, MO 64688

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

LOCATION

The Davis farm is located at the west edge of Wheeling, MO and is further described as being located in Section 5, T57N-22W, Wheeling Township, Livingston County, MO.

From the north end of Wheeling take LIV 236 west to the farm or from US Hwy 36 take LIV 269 north 1 mile to the farm.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLER

Richard L. Davis Trust

ONLINE BIDDING

GENERAL INFORMATION

Selling 161 Taxable Acres ± • 1 Tract

The farm contains a total of 161 taxable acres and will be sold in 1 tract. Farmers and investors, be sure to check out this highly productive, tillable farm which is ideally located. The farm is also improved with a large amount of field drainage tile terraces. It will sell free and clear of any tenancy for the 2025 crop year.

This is a live on-site auction with live online bidding.

Property Features:

Tract - 161 taxable acres ±

FSA information indicates 139.10 tillable acres of cropland
Predominant soil type: Lagonda, Sturges
Land represents highly productive tillable cropland with the balance in grass waterways, timbered draws and 1 small pond
Tract is improved with well-maintained field drainage tile terraces
Potential home building or grain bin sites
Full farming rights for the 2025 crop year
Access from the north by county road LIV 236

Note: Click on image to enlarge.

METHOD & TERMS

Sale Method: The farm will be sold on a price per acre basis based on 161 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 Harvest & Home 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 which will take place on or before Thursday, January 16, 2025, at Harvest & Home 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. All subsequent real estate taxes to be paid by the new buyer. Possession will be transferred to buyer at the time of closing. Farm sells free and clear for the 2025 crop year.

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.