256.2 Acres Linn County, MO Land Auction

256.2 ACRES LINN COUNTY, MO LAND AUCTION

Sale Date: Friday, May 31, 2024

Sale Time: 10:00 AM CST

Auction Venue: Sale to be held at the Brookfield Elks Lodge - 120 E. Wood St., Brookfield, MO 64628

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

LOCATION

Land is located approximately 13 miles northeast of Brookfield, MO or approximately 9 miles east of Purdin, MO. The farm is further described as being located in Section 17, T59N-19W, Grantsville Township, Linn County, MO. From Brookfield take Hwy M north for 10 miles to Inca Road, then go east on Inca Road for 2 miles to Inlet Drive, then south on Inlet Drive (across from Bear Branch Church), property is on the west side of the road.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLER

Glen E. Murrain Revocable Trust

ONLINE BIDDING

CLICK HERE FOR ONLINE BIDDING

GENERAL INFORMATION

Selling 256.2 Surveyed Acres • 2 Tracts

SOLD!

TRACT 1 - $3,700 PER ACRE

TRACT 2 - $4,650 PER ACRE

TOTAL - $1,067,925.00

Cattlemen and hay producers, mark your calendars now as we are pleased to offer the sale of 256.2 surveyed acres of Linn County, MO farmland. The farm will be offered in two individual tracts through the “Buyer’s Choice” auction method at 10:00 AM on Friday, May 31, 2024 at the Brookfield Elks Lodge in Brookfield, MO. This is a live on-site auction with live online bidding.

Land represents well-maintained productive farmland, currently in improved pasture and hay production with the balance in timber and timber draws. The farm also offers premier northcentral Missouri whitetail deer and wild turkey hunting/recreational opportunities. The farm will sell free and clear of tenancy.

Property Features:

Tract 1 - 129.9 surveyed acres

FSA information indicates 101.14 cropland acres
Predominant soil type: Purdin, Armstrong
Land represents pastureland with the balance of acres in timber and timber draws
Excellent exterior fence
This piece offers whitetail deer and wild turkey hunting opportunities
Primed water well
Access from the east by Inlet Drive

Tract 2 - 126.3 surveyed acres

FSA information indicates 109.65 cropland acres
Predominant soil type: Armstrong
The majority of the land represents highly productive, well-maintained improved pasture and hay production
Balance of tract has a small amount of timber and draws
Solid exterior fence
Potential building sites on dead-end road
Outstanding whitetail deer and wild turkey hunting
Access from the northeast by Inlet Drive

Note: Click on image to enlarge.

METHOD & TERMS

Sale Method: A survey has been completed on both tracts. The farm will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-2 will be offered through the "Buyers Choice" auction method, whereas the high bidder can purchase, in any order, any or all of the Tracts 1-2 for their high bid. Auctioning will continue in that manner until both tracts have been sold. Tracts will not be offered in its entirety or any combination at the conclusion of the auction. 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(s) 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 Professional Land & 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, July 1, 2024, which will take place at Professional Land & Title. Title insurance in the full amount of the purchase price will be provided by the seller. The 2024 real estate taxes will be prorated to the date of closing. Full possession will be transferred to buyer at the time of closing. The farm sells free and clear of tenancy for 2024.

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. No absentee or phone bids will be accepted at the auction without 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.