1,212.2 Acres ± Harrison & Gentry County, MO Land Auction

1,212.2 TOTAL ACRES ± HARRISON & GENTRY COUNTY, MO
LAND AUCTION

Sale Date: Wednesday, October 30, 2024

Sale Time: 1:00 PM CST

Auction Venue: Sale to be held at the VeNue Event Space - 22210 US Hwy 136, Bethany, MO 64424

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

LOCATION

The Treasure Farms, Inc. land is located in Harrison & Gentry County near the towns of Bethany, Gilman City, Pattonsburg, McFall and Albany.

Tracts 1-5 are located approximately 8.5 miles southeast of Bethany, MO or 7.5 miles northwest of Gilman City, MO off blacktop Hwy 146. Land is further described as being located in Sections 34 & 36, T63N-R27W, Sherman Township, Sections 3 & 5, T62N-R27W, Adams Township, Harrison County, MO.

Tract 6 is located approximately 4 miles north of McFall, MO off blacktop Hwy ZZ. Tracts 7-10 are located approximately 8 miles northeast of Mcfall or 8 miles northwest of Pattonsburg, MO. Land is further described as being located in Sections 19, 20, 21, 22, & 27, T62N-R29W, Butler Township, Harrison County, MO.

Tracts 11-14 are located approximately 5 miles north of McFall, MO or 10 miles southeast of Albany, MO. Land is further described as being located in Sections 13 & 14, T62N-R30W, Athens Township, Gentry County, MO.

AUCTION MANAGER

Josh Teter (660) 734-2111

SELLERS

Treasure Farms, Inc.

ONLINE BIDDING

CLICK HERE FOR ONLINE BIDDING

BIDDING NOW OPEN!

GENERAL INFORMATION

Selling 1,212.2 Total Acres ± • 14 Tracts

SOLD!

TRACT 1 - $13,100.00 PER ACRE

TRACT 2 - $10,100.00 PER ACRE

TRACT 3 - $10,400.00 PER ACRE

TRACT 4 - $5,600.00 PER ACRE

TRACT 5 - $5,600.00 PER ACRE

TRACT 6 - $7,000.00 PER ACRE

TRACT 7 - $4,350.00 PER ACRE

TRACT 8 - $4,150.00 PER ACRE

TRACT 9 - $4,300.00 PER ACRE

TRACT 10 - $4,300.00 PER ACRE

TRACT 11 - $6,700.00 PER ACRE

TRACT 12 - $4,400.00 PER ACRE

TRACT 13 - $4,350.00 PER ACRE

TRACT 14 - $4,350.00 PER ACRE

TOTAL - $7,829,220.00

Farmers and Investors - Mark your calendars now to participate in this major Northwest Missouri farmland auction of over 1,200 acres. Farm represents prime, highly productive tillable farmland, hay/pasture ground, CRP acreage, “premier” northern Missouri hunting/recreational land and attractive building sites. These highly productive, “well-maintained” farms have been in the Treasure family for decades and offers an unprecedented investment opportunity!

The farms will be offered in fourteen individual tracts through the “Buyer’s Choice” auction method live on-site with live online bidding at 1:00 PM on Wednesday, October 30, 2024 at the VeNue Event Space in Bethany, MO. Make plans to go look at these farms which offers something for everyone!

Property Features:

Tract 1 - 120 taxable acres ±

FSA information indicates 116.61 tillable acres of cropland
Predominant soil type: Grundy, Lagonda
Land represents nearly 98% productive tillable cropland
Entire tract is improved with well-maintained field drainage tile terraces
Full farming rights for the 2025 crop year
This tract offers several attractive home building or grain bin sites with State Hwy 146 frontage
Access from the west by State Hwy 146 or the south by county road E. 350th street

Tract 2 - 155.9 taxable acres ±

FSA information indicates 142.12 tillable acres of cropland with 5.03 of those acres currently in CRP at a payment rate of $128 per acre through 9-30-2030
Predominant soil type: Grundy, Lagonda
Land represents highly productive tillable cropland
Entire tract is improved with well-maintained field drainage tile terraces
Full farming rights for the 2025 crop year
Access from the north by county road E. 350th street or by the east by county road E. 270th avenue

Tract 3 - 37.8 surveyed acres

FSA information indicates 36.46 tillable acres of cropland with 5.20 of those acres currently in CRP at a payment rate of $115 per acre through 9-30-2030
Predominant soil type: Grundy, Lagonda
Land represents highly productive tillable cropland
Tract is improved with well-maintained field drainage tile terraces
Full farming rights for the 2025 crop year
This tract offers an attractive home building or grain bin site.
Access from the north by county road E. 350th street or the east by E. 250th avenue

Tract 4 - 41.2 surveyed acres

The entire tract is 100% hardwood timber that has excellent cover for all types of wildlife including whitetail deer, wild turkey, and other small game
Predominant soil type: Gara, Lagonda, Zook-Colo
Potential timber value
Hunters paradise
Access from the north by county road E. 350th street

Tract 5 - 75 taxable acres ±

FSA information indicates 29.91 tillable acres of cropland with 21.41 of those acres currently in CRP at a payment rate of $121.60 per acre through 9-30-2030
Predominant soil type: Nodaway, Weller, Haig
The balance of the non-cropland acres is mature timber and timber draws with a meandering creek traversing through the tract
Property offers excellent hunting and outdoor recreational opportunities
Full farming rights for the 2025 crop year
Access from the southwest by county road E. 350th street

Tract 6 - 43.3 taxable acres ±

FSA information indicates 40.54 tillable acres of cropland
Predominant soil type: Zook
Land represents highly productive tillable cropland
Tract is improved with field drainage tile terraces
Full farming rights for the 2025 crop year
Access from the south by county road W. 385th street and from the west by State Hwy ZZ

Tract 7 - 40 taxable acres ±

FSA information indicates 29.72 tillable acres of cropland
Predominant soil type: Lamoni, Zook-Colo
Land represents productive cropland currently in improved pastureland/hay production with the balance in small timber patches, 2 ponds, as well as excellent hunting/recreational acreage
Full farming rights for the 2025 crop year
Tract offers an outstanding home building site with highway frontage
Access from the east by State Hwy TT

Tract 8 - 77 taxable acres ±

FSA information indicates 44.24 tillable acres of cropland
Predominant soil type: Gara, Nodaway, Lamoni, Lagonda, Armstrong
Land represents productive cropland currently in improved pastureland/hay production with the balance in hardwood timber, 1 pond, as well as excellent hunting/recreational acreage
Average exterior fencing
Full farming rights for the 2025 crop year
Tract offers an outstanding home building site with highway frontage
Access from the west by State Hwy TT

Tract 9 - 80 taxable acres ±

FSA information should indicate approximately 31.39 tillable acres of cropland. Tract conveyed subject to a sharecrop lease ending on February 28, 2026
Predominant soil type: Nodaway, Zook, Armstrong, Weller
Land represents highly productive tillable cropland with the balance in hardwood timber and offers outstanding hunting/recreational acreage
Solid exterior fence
Access from the east by county road W. 150 avenue

Tract 10 - 230.7 taxable acres ±

FSA information should indicate approximately 124.29 tillable acres of cropland. Tract conveyed subject to a sharecrop lease ending on February 28, 2026
Predominant soil type: Lagonda, Lamoni, Grundy, Armstrong, Nodaway, Gara
Land represents highly productive tillable cropland with the balance in hardwood timber, wooded draws, 2 ponds and offers premier whitetail deer and wild turkey hunting acreage
Improvements include a 56’x58’ machine shed
Access from the east by county road W. 150 avenue

Tract 11 - 63.1 surveyed acres

FSA information indicates 47.1 tillable acres cropland
Predominant soil type: Zook, Humeston
Land represents highly productive tillable cropland with the balance in hardwood timber and wooded draws and offers outstanding hunting/recreational acreage
Full farming rights for the 2025 crop year
Access from the southeast by county road 380th street (Lovers Lane)

Tract 12 - 73.8 surveyed acres

FSA information indicates 47.67 tillable acres of cropland
Predominant soil type: Armstrong, Gara, Pershing
Land represents highly productive tillable cropland with the balance in woods and wooded draws, 2 ponds and outstanding hunting/recreational acreage
Full farming rights for the 2025 crop year
Access from the east by county road New Castle Trail

Tract 13 - 78.5 surveyed acres

FSA information indicates 52.55 tillable acres of cropland
Predominant soil type: Lamoni, Gara, Pershing
Land represents highly productive tillable cropland with the balance in hardwood timber and wooded draws
Full farming rights for the 2025 crop year
Access from the west by county road New Castle Trail

Tract 14 - 95.9 surveyed acres

FSA information indicates 36.07 tillable acres of cropland
Predominant soil type: Gara, Armstrong, Pershing
Land represents highly productive tillable cropland with the balance in hardwood timber and wooded draws and offers premier whitetail deer and wild turkey hunting acreage
Full farming rights for the 2025 crop year
Potential timber value
Access from the west by county road New Castle Trail or the north by county road 375th street

Note: Click on image to enlarge.

METHOD & TERMS

Sale Method: All tracts will be sold on a price per acre basis. Tracts 1-2 & Tracts 5-10 will be sold based on the taxable acres (tracts 1-2 & 5-10 will not be surveyed). Tracts 3-4 & 11-14 are currently being surveyed (the tract acres are estimated in this advertisement). The final surveyed acres will be used to constitute the settlement price.

Tracts 1-5 will be offered through the "Buyers Choice" auction method, whereas the high bidder can purchase, in any order, any or all of the Tracts 1-5 for their high bid. Auctioning will continue in that manner until all tracts 1-5 have been sold.

Next, Tracts 6-10 will be offered through the "Buyers Choice" auction method, whereas the high bidder can purchase, in any order, any or all of the Tracts 6-10 for their high bid. Auctioning will continue in that manner until all tracts 6-10 have been sold

Tracts 11-14 will be offered through the "Buyers Choice" auction method, whereas the high bidder can purchase, in any order, any or all of the Tracts11-14 for their high bid. Auctioning will continue in that manner until all tracts 11-14 have been sold.

PLEASE NOTE: The 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 Grand River Title, which shall hold the money in escrow until closing.

Closing: (Tracts 1-3) The balance of the bid price will be due at the time of closing in approximately 45 days, on or before Monday, December 16, 2024, which will take place at Grand River Title. (Tracts 4-14) The balance of the bid price will be due at the time of closing in 65 days, on Monday, January 6, 2025, which will take place at Grand River 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 buyers. Possession will be transferred to buyers at the time of closing, subject to any existing farm leases. Full farming rights for the 2025 crop year on Tracts 1-8 and Tracts 11-14 – Full possession given on or before February 28, 2025. Tracts 9 & 10 convey subject to a sharecrop lease ending on February 28, 2026. Tracts 3-5, 7-10, 11-14 sell subject to a hunting lease. Contact auction manager for more information.

Buyers to receive proration of hunting lease income. Buyers of Tracts 2,3,5 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.