Adair County, MO Land Auction
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John Sullivan
John Sullivan
Sullivan Auctioneers, LLC
Available

Adair County, MO Land Auction

Auction 653 Acres
3 beds 3 Bathrooms 2364 Sq.Ft.
Property ID 6731331
ADAIR COUNTY, MO LAND AUCTION
3805 S. Baltimore Street Kirksville Missouri
05/06/2019 5:00 PM

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Description

Monday, May 6 at 10:00 A.M. (Personal Property) and 5:00 P.M. (Land)

Please Note: Two different times and locations!

PERSONAL PROPERTY: Sells at 10:00 A.M. on the farm at 33762 Cranberry Lane, Gibbs, MO.

LAND: Sells at 5:00 P.M. at the Days Inn, 3805 S. Baltimore St., Kirksville, MO.

Tract Information

Tract 1 116 Acres (Subject to Survey)

FSA figures should indicate approximately 89.07 acres of tillable cropland with the balance in wooded draws and pond.

Soil types: Armstrong, Gara, Leonard & Adco.

Land represents well maintained improved pastureland with good fencing.

Land should qualify for organic farming.

Rural water & electric.

Improvements include a 3,296 sq. ft. multi-use pole barn with concrete floor, overhead doors, external cement slab and loadout docks.

Access from the south by Cranberry Lane.

Tract 2 39 Acres (Subject to Survey)

FSA figures should indicate approximately 14.8 acres of tillable cropland with the balance in hardwood timber and wooded draws.

Soil types: Gara, Armstrong & Adco.

Land represents productive tillable cropland, marketable hardwood timber & offers outstanding hunting/recreational acreage.

Access from the north by Sweet Pea Lane & from the west by Clarmar Lane.

Tract 3 80 Acres (Subject to Survey)

FSA figures should indicate approximately 66.9 acres of tillable cropland with the balance wooded draws.

Soil types: Armstrong, Leonard & Adco.

Land represents productive tillable cropland with very good perimeter fencing.

Access from the west by Clarmar Lane.

Tract 4 78 Acres (Subject to Survey)

FSA figures should indicate approximately 31.54 acres of tillable cropland of which 12.6 acres are enrolled in CRP at a payment rate of $100.71 through 9-30-2022. The balance in hardwood timber, timbered draws & grassland.

Soil types: Armstrong, Adco & Leonard.

Land represents productive tillable cropland, older homesite, grassland & offers outstanding whitetail deer & wild turkey hunting acreage.

Note: The portion of this tract south and east of the railroad tracts is landlocked at this time.

Access from the north by Cranberry Lane and the northeast by Clarmar Lane.

Tract 5 88 Acres (Subject to Survey)

FSA figures should indicate approximately 78.44 acres of tillable cropland with the balance in timbered draws and older ponds.

Soil types: Armstrong, Leonard & Adco.

Land represents productive tillable cropland.

The portion of this tract currently in alfalfa should qualify for organic farming practice.

Access from the north by Cranberry Lane.

Tract 6 4.54 Acres (within the city limits of Gibbs, MO)

Land represents very nice lot currently in hay production. Lot includes a small cemetery on the west side.

Access from the north by Clinton Street (Hwy. V) and from the east by Maple Street.

Tract 7 1 Acres (within the city limits of Gibbs, MO)

Land represents nice contiguous lots along Franklin Street.

Improvements include 24 x 42 storage shed.

Access from the south by Franklin Street.

Tract 8 39 Acres (Subject to Survey)

FSA figures should indicate approximately 27 acres of tillable cropland with the balance in pastureland and wooded draws.

Soil types: Gara, Armstrong & Adco.

Land represents productive pastureland and is improved with a 1990, 1,296 sq. ft. double wide mobile home as well as other older outbuildings.

Rural water & electric.

Access from the east by Grade Lane.

Tract 9 74 Acres (Subject to Survey)

FSA figures should indicate approximately 10.66 acres of tillable cropland with the balance in hardwood timber.

Soil types: Winnegan, Armstrong, Gara & Adco.

Land represents productive tillable cropland, hardwood timber and is improved with a nice 60x40 pole barn with concrete floor. Tract offers premier whitetail deer & wild turkey hunting acreage.

Rural water & electric meter.

Access from the west by Grade Lane.

Tract 10 52 Acres (Subject to Survey)

FSA figures should indicate approximately 46.42 acres of tillable cropland with the balance in wooded draws.

Soil types: Armstrong & Adco.

Land represents productive tillable cropland.

Access from the west by Grade Lane & the south by Salt River Lane.

Tract 11 44 Acres (Subject to Survey)

FSA figures should indicate approximately 36.12 acres of tillable cropland with the balance hardwood timber and pond.

Soil types: Armstrong, Adco, Bevier & Winnegan.

Land represents productive tillable cropland currently in hay production & should qualify for organic farming practices.

Access from the south by Salt River Lane.

Tract 12 32 Acres (Subject to Survey)

FSA figures should indicate approximately 22.71 acres of tillable cropland with the balance in hardwood timber, ponds & homesite. Tract should qualify for organic farming.

Soil types: Bevier, Winnegan & Armstrong.

Improvements include a very nice 1967 built, 2,364 sq. ft. (upper level) 3 bedroom, 3 bath residence with full finished walkout basement and 25 x 30 detached garage. Other features include a nice wood deck, fireplace, gas furnace, air conditioning and rural water meter.

Access from the south by Salt River Lane.

Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 12 tracts. Tracts 1-11 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-11 will be offered through the marketing method of Buyers Choice whereas the high bidder can purchase (in any order) any or all of Tracts 1-11 for their high bid. Tract 12 will be sold for a lump sum total dollar amount.

The property will NOT be offered in its entirety at the conclusion of the auction. Bidding is NOT contingent upon financing.

Immediately following the auction, the winning bidder(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to Pickell Abstract Co., which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing which will take place at Pickell Abstract Co. on or before June 6, 2019.

Possession will be given at time of closing.

Farmland sells free and clear for the 2019 crop year.

The 2018 real estate taxes will be paid by the seller. The 2019 real estate taxes will be prorated to date of closing. Title Insurance in the full amount of the purchase price will be provided by the sellers. Closing costs will be split between buyer & seller.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold AS IS.

Agriculture and Farming

Agricultural Uses
CRP
Timber

Land

Barn Information
Barn(s)

Present Use
Agriculture
Hunting/Fishing

Game
Turkey
Whitetail Deer

Proposed Use
Agriculture
Hunting/Fishing
Residential Single

Lot Description
Acreage
Pasture

Tax Data (Show Tax Data)

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John Sullivan
John Sullivan
Sullivan Auctioneers, LLC

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.