Tillable Farm With Improvements In Clark Co, MO - 476 Acres

AuctionPending

476 Acres / Clark County, MO

Selling by SEALED BID ONLY

Bid now via the online portal, download the sealed bid form or call 217-922-0811 for a sealed bid packet.

Bids are due by 11/29/22 at 5:00 PM

Open Tenancy for the 2023 Season

Entire Farm Description: Excellent tillable farm located approx 12 miles South of Kahoka, Mo in Southern Clark Co. This farm features 358.6 acres of highly productive cropland, (actual planted acres in 2022) and a mix of cover including timber and brush that provides excellent deer and turkey hunting. Farm tenancy is open for the 2023 farming season. This property features primarily Adco silt loam soils and Armstrong Loam soils. Great access a short distance from the West off of Highway M and Highway FF to the North. 4 Grain bins, and a couple of outbuildings on the West side of the farm. The farm will be offered as 3 tracts.


Deeded acres: 476+/- acres

FSA Farmland Acres: 358.6+/- acres

DCP Cropland Acres: 358.6+/- acres

Soil Types: Adco silt loam, Armstrong silt loam, Leonard silt loam, Putnam silt loam

Soil PI/NCCPI/CSR2: Average NCCPI 63.1

CRP Acres/payment: No CRP

Taxes: $1804

Lease Status: Open Tenancy for the 2023 crop year

Possession: Immediate possession subject to current tenant's rights for 2022

Survey needed: No survey is needed

Brief Legal: 477+/-ACRES LOCATED S11/13/14 T63N R8W IN CLARK CO

Lat/Lon: 40.2659, -91.7471

Tract 1 Description: 84 +/- Acres. This tract features 51.99 acres of Highly productive tillable land with the balance of the farm in timber, brush, and a couple of ponds. Nice income producing tract with excellent deer and turkey hunting. Great location in the timber to the North to build a new home right off highway FF. If you are looking for a good combination of income and recreational tract, this is a nice one, with access from Highway FF to the North and a county road to the east. The farm has open tenancy for the 2023 crop year.

Tract 2 Description: 81 +/- Acres. This tract features 62.7 acres of highly productive tillable land with the balance in timber and brush. This tract is accessed from the West off of a county road and will provide highly productive upland cropland and great deer and turkey hunting. A small shed lies on the west side of the property. The farm has open tenancy for the 2023 crop year.

Tract 3 Description: 311 +/- Acres. This tract offers 243.91 acres of highly productive tillable land featuring Adco and Armstrong soils. The balance of the farm is timbered draws and brush, an old homesite with 4 grain bins and a couple of outbuildings/sheds. The property has great access from the west just a short distance off Highway M. Farm is open tenancy for the 2023 crop year. The northeast corner of tract 3 has been tiled and terraced and the sellers have made other improvements to the farm to enhance drainage and installed crossings. Excellent production farm with cover to provide great deer hunting or leased to hunters for additional overall income. Grain bins are rented thru 3/2023.

  • Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

  • Onsite bidders should bring a government-issued ID

  • 10% down payment immediately after auction - cash, personal, or business checks accepted

  • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

  • High bidder has 30 days to close unless otherwise noted

  • Announcements on auction day will take precedence over any prior announcements

  • This is a no contingency sale and is not subject to financing or additional inspections

  • Possession at closing, subject to tenant’s rights, if any

  • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

  • Excellent tillable/income producing farm

  • Tillable land is all upland tillable with drainage improvements completed. Partial tiling and terracing (tract 3)

  • 4 grain bins on tract 3, one nice shed with a steel roof

  • Access short distance off of State HWYs M and FF

  • Farm will offer great hunting for deer and turkeys or could be leased by the new owner for additional income

  • SEALED BID ONLY

476 Acres / Clark County, MO

Auction:pending

Auction Documents

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.

LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

Auction Typr

SEALED BID ONLY

Bid via the online portal, download the sealed bid form or call 217-922-0811 for a sealed bid packet.

Bids are due by 11/29/22 at 5:00 PM

Subject To Seller Confirmation


Licensing

IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (CO00001603)

Jefferson Kirk Gilbert, Missouri Broker, License # 2015034232

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Jeff Propst, Missouri Land Specialist for Whitetail Properties Real Estate, LLC, 636.209.0362

Cody Lowderman, MO Auctioneer License 11037


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