Schuyler County (MO) Land Auction

Real Estate

Location: Route A, Downing, MO

Depot Park, Downing (MO) Fairgrounds

5 p.m. Friday, June 28th, 2019
440 Acres m/l offered in 7 Tracts. Excellent hunting/ recreational areas. Land is improved with an older country home, newer machinery/storage building, grain bins, open front machinery/livestock pole barn as well as older frame barn.
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This listing posted May 31; for updates or more info, CLICK HERE
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440 Acres m/l -- 7 Tracts

Sale to be held at Downing Fairgrounds (Depot Park), Downing, MO.
Located at the south edge of Downing, MO along Hwy. A.
 

Lester Lee McElroy Estate​

Open House: Saturday, June 15th from 12-1 PM

 

Location & General Information
Land is located approximately 5 miles southwest of Downing, MO or 7 miles east of Queen City, MO. From Downing, MO take Hwy. A south approximately 4 miles to Hwy. D, then west approximately 3 miles to McElroy Road, then south 1/4 miles to farm.
 
Land is located in Sections 14, 23 & 26, T65N•R14W, Independence Township and represents highly productive tillable farmland, very well maintained pasture/hay ground, multiple building sites with the balance in mature hardwood timber, timbered draws and ponds.
Farm offers excellent hunting/ recreational areas. Land is improved with an older country home, “new” machinery/storage building, grain bins, open front machinery/livestock pole barn as well as older frame barn.
 
Tract Information
(Updated FSA acres)

Tract 1 • 81 Acres± (Subject to Survey)
• FSA figures should indicate approximately 66.72 acres of tillable cropland with the balance in small areas of timber along creek & drainage areas.
• Soil types: Zook, Kennebec, Fatima & Vigar-Zook.
• Land represents highly productive tillable cropland & offers, outstanding whitetail deer & wild turkey hunting acreage.
• Access from the west by McElroy Road.

 
Tract 2 • 24 Acres± (Subject to Survey)
• FSA figures should indicate approximately 13.58 acres of cropland with the balance in building site.
• Soil types: Winnegan, Keswick, Zook & Vigar.
• Land represents very well maintained pasture/hay ground.
• Tract is improved with an older (needs repair) 1,974 sq. ft., 3 bedroom, 1 bath country residence. Other improvements include a new, very nice 3,136 sq. ft. machine/storage pole barn with partial concrete floor.
• Access from the west by McElroy Road.
 
Tract 3 • 40 Acres± (Subject to Survey)
• FSA figures should indicate approximately 37.9 acres of cropland currently in pasture with the balance in small wooded areas & pond.
• Soil types: Keswick & Winnegan.
• Land represents well maintained improved pasture land and is improved with an older 1,054 sq. ft. barn.
• Access from the east by McElroy Road & the north by Yearns Road.
 
Tract 4 • 120 Acres± (Subject to Survey)
• FSA figures should indicate approximately 112.85 acres of open cropland with the balance in timbered draws & pond.
• Soil types: Winnegan, Vigar-Zook complex & Keswick.
• Land represents very well maintained pasture/hay ground.
• Tract is improved with a 2,472 sq. ft. open front pole barn, (3) functional grain bins with fan & drying floor.
• Access from the east by McElroy Road.
 
Tract 5 • 55 Acres± (Subject to Survey)
• FSA figures should indicate approximately 25.62 acres of cropland with the balance in excellent hardwood timber.
• Primary soil types: Winnegan & Keswick.
• Land represents well maintained pasture/hay ground, excellent hardwood timber, beautiful building sites & offers outstanding hunting/recreational acreage.
• Access from the west by McElroy Road.
 
Tract 6 • 100 Acres± (Subject to Survey)
• FSA figures should indicate approximately 81.79 acres of cropland with the balance in wooded draws & pond.
• Soil types: Winnegan, Keswick, Armstrong, Adco & Gara.
• Land represents productive tillable cropland currently in improved pasture & offers good hunting/recreational areas as well as prime building sites.
• Access from the south from Newland Road & from the east by McElroy Road.
 
Tract 7 • 20 Acres± (Subject to Survey)
• FSA figures should indicate approximately 15.52 acres of cropland with the balance in wooded draws.
• Soil types: Gara, Vigar-Zook & Armstrong.
• Land represents improved pasture land & offers outstanding building sites.
• Access from the north by Newland Road.
 
Method and Terms

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 7 tracts. Tracts 1-7 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-7 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of Tracts 1-7 for their high bid.
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 Schuyler County 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 Schuyler County Abstract Co. on or before August 12, 2019.
Possession will be given at time of closing subject to the 2019 only crop & pasture lease. NOTE: The buyer(s) will receive 50% (1/2) of the 2019 cash lease payment.
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”.

 

Lester Lee McElroy Estate
 
Closing & Title Work By: Schuyler County Abstract Co., 118 West Jackson Street, Lancaster, MO. Ph: 660-457-3804

Schuyler County (MO) Land Auction


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