Erma Burnett – Century Farm Absolute Land Auction

Location: TJ Hall Building - 104 S. Main St, Oregon, MO
10:30 a.m. Thursday February 1st, 2018
233 acres +/- of Holt Co. Missouri, Farmland — Selling in 3 Individual Tracts — Tracts will be sold individually and not offered in combination.

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Tract 1 - 91 acres +/-

Driving Directions:

Located South of Mound City, MO, on Interstate 29 to Exit 75 and Oregon Turn off, Turn Right, take Outer Road Back West on CRD 245.  At Top of Hill Take Right on Oliver Drive, Approximately ½ mile South side of Road.

Tract 1 Featuring:

91 acres +/- with 83.97 Tillable acres in Soybean Production in 2017 according to FSA records.  Property Tiled and Terraced Thru Out and Has Had Excellent Farming Stewardship.  Property also Features Old 2- Story Farm House, Roof Good, Well Water, No Heating or Cooling.  Home has been vacated for several years.  1 Metal Steel Machinery Shed approx. 54x48 and 1 – 2 Car Detached Garage and an Older 28x50 Garage Shop Area.

Grain Storage:

3 – 6500 bu Grain Bins equipped with drying fans, which at Present are leased until July 1, 2018.

Soil Types Tract 1

Monona Silt Loam, 2 to 5% Slopes
Timula Silt Loam, 9 to 14% Slopes, Severely Eroded
Napier-Gullied Land Complex, 5 to 14% Slopes
Motark-Napier Silt Loams, 1 to 7 % Slopes

Tract 1 Taxes:

$786.16


Tract 2 - 25.7 acres +/-

Location:

Located Just North of Tract 1 across Interstate 29.  From Tract 1 go back to Black Top 59 North Under I-29 By-Pass, to Road 245, West Approx. 2.4 miles West Side of Road Boarders I-29 to the South.

Tract 2 Features:

25.7 acres +/- of Gently Rolling Farm Land.  99% Tillable with 25.02 acres in Corn Production in 2017 according to FSA records.  Farm is Tiled and Terraced Thru Out with Good Soil Types

Soil Types Tract 2

Monona Silt Loam, 2 to 5% Slopes
Timula Silt Loam, 9 to 14% Slopes, Severely Eroded
Napier-Gullied Land Complex, 5 to 14% Slopes

Tract 2 Taxes:

$82.43


Tract 3 - 117.6 acres +/-

Location:

Located Approx 4 miles East of Mound City, MO, on State Hwy 59, right side of Road.

Tract 3 Features:

Is a Century Farm with 117.6 acres +/- and 83.26 Tillable which at Present 49.9 was in Soybean Production in 2017, balance of this farm is Pasture and Open Timber w/ Hard Wood Trees and excellent Hunting thru out.  Home site Location with Long Range Country Views and Access to Rural Water Bordering US Hwy 59.  This Farm has Potential to regain more Row Crop Acres if So Desired or Hunting Retreat with Cash Rent Income and Minutes from Down Town.

Soil Types for Tract 3

Marshall Silty Clay Loam, 2 to 5% Slopes
Marshall Silty Clay Loam 5 to 9% Slopes, Eroded
Marshall Silty Clay Loam 9 to 14% Slopes, Eroded
Monona Silt Loam 9 to 14% Slopes, Eroded
Shelby Clay Loam, Deep Loess, 9 to 14% Slopes, Eroded
Nodaway-Judson Silt Loams, 1 to 7% Slopes
Colo, Frequently flooded-Judson Silty Clay Loams, 0 to 5 % Slopes.

Tract 3 Taxes:

$366.37


Auctioneer's Note:

If looking for a great opportunity to expand your farming operation with excellent locations, these properties seldom come up for sale by public auction. Whether looking for row crop, home site or pre-exisiting home with farmable acres, tiled and terraced, make plans to attend this auction, for these tracts may sell in your price range.

NOTE:

Immediate possession of farmland will be given for Spring tillage upon signing of contract.
See you sale day – Mark.


Auction Terms and Conditions:

10% down payment per tract of good faith, non-refundable money to be made on day of sale entering into purchase agreement guaranteeing clear title. Balance is due at closing on or before 30 days when full possession will be given. Closing at Holt County Title Company, 105 S Washington St, Oregon, MO 64473. Property is being sold as is, where is. Statements made at time of auction take precedence over any advertising in print or online, printed documents, or previous statements. YAC, INC d.b.a. Younger Auction Company and its representatives are acting as exclusive agents of the sellers


Erma Burnett Revocable Living Trust
Sharon Cain Successor Trustee

Erma Burnett – Century Farm Absolute Land Auction

Ask for Mark Younger, Auctioneer at

or email Mark Younger, Auctioneer at [email protected]
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