Hilpert Trust Land Auction

Real Estate

Location: 123 West Monroe Street, Memphis, MO

Land is located approximately 6 miles northeast of Memphis, MO in Section 1, T66N•R11W and Section 6, T66N•R10W, Union Township, Scotland County, MO. From Memphis, MO take Hwy. 15 north approximately 6.5 miles to Hwy. H, then east approximately 5 miles to County Road 765, then south 1/4 mile to farm.

10 a.m. Friday, September 27th, 2019
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This listing posted 08-30-19, for more photos and updates, CLICK HERE.

Tract Information


Tract 1 – 40 Acres± (Subject to survey)

• FSA figures should indicate approx. 30.5 acres of tillable cropland.

• Primary soil types: Adco & Lamoni.

• Land represents productive tillable cropland & offers excellent whitetail deer & wild turkey hunting acreage.

• Access from the east by County Road 765.

 

Tract 2 – 50 Acres± (Subject to survey)

• FSA figures should indicate approx. 18.42 acres of tillable cropland.

• Primary soil types: Gara, Blackoar, Armstrong & Adco.

• Land represents productive tillable cropland with the balance in hardwood timber & offers excellent building site as well as premier whitetail deer & wild turkey hunting acreage.

• Access from the west by County Road 765.

 

Tract 3 – 92 Acres± (Subject to survey)

• FSA figures should indicate approx. 76.64 acres of tillable cropland.

• Primary soil types: Gara, Adco, Armstrong, Edina, Blackoar & Lamoni.

• Land represents well maintained productive tillable cropland & offers excellent building sites as well as good hunting/recreational acreage.

• Access from the west by County Road 765.

 

Tract 4 – 75 Acres± (Subject to survey)

• FSA figures should indicate approx. 53.54 acres of tillable cropland.

• Primary soil types: Gara, Blackoar, Armstrong & Adco.

• Land represents productive tillable cropland with the balance in wooded draws & offers outstanding whitetail deer & wild turkey hunting acreage.

• Access from the west by County Road 765.

 

Method and Terms

  • Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 4 tracts. All tracts will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-4 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 1-4 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 Scotland County Abstract & Title Inc., 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 Scotland County Abstract & Title Inc. on or before November 6, 2019.
  • Possession will be given at time of closing.
  • Farmland sells free and clear for the 2019 crop year.
  • The 2019 real estate taxes will be paid by the seller. The 2020 real estate taxes and subsequent years will be the responsibility of the buyer(s). 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”.

Nelda O. Hilpert Trust
Vickie Hilpert – Trustee


Closing & Title Work By: Scotland County Abstract & Title Inc., 205 E. Monroe, Memphis, MO, 660-465-7052

 

Hilpert Trust Land Auction


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Sullivan Auctioneers, LLC

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