Poese Land Auction

Real Estate

Location: 4689 North Highway 94, St. Charles, MO

5 p.m. Saturday, November 23rd, 2019
Click on thumbnails to see larger photos and descriptions
Photo #1 Photo #2 Photo #3 Photo #4 Photo #5 Photo #6

This listing posted on 10-31-19, for more photos and updates CLICK HERE.

Open House: Sat., November 9th • 12 Noon – 2 P.M.

Farm is located at 2510 Church Road in Section 4, T47N•R5E, Rivers Township, St. Charles County, MO.

Farm includes an older country home, outbuildings and grain bins.

Tract 1 • 73.1 Surveyed Acres

• FSA figures should indicate approximately 70.55 acres of NHEL cropland.

• Soil types: DeSioux, Booker & SansDessein.

• Land represents highly productive NHEL cropland.

• Tract includes an older 1865 built, 1,010 sq. ft. main level (1,650 sq. ft. total living area) 2 story, 3 bedroom, 1 bath country home as well as an older barn, grain bins, shop/garage & other older outbuildings.

• Access from the north by Church Road.

 

Tract 2 • 83.6 Surveyed Acres

• FSA figures should indicate approximately 82.84 acres of NHEL cropland.

• Soil types: Blase, SansDessein, DeSioux, Booker & Peers.

• Land represents highly productive NHEL farmland & includes older machine sheds & grain bins.

• Access from the north by Church Road.

 

This farm has been in the Poese family for decades & offers exceptional investment quality farmland!
 

Method and Terms

  • A survey has been completed prior to the sale on both tracts. Both tracts will be sold on a price per acre basis based on acreages obtained from completed survey. Both tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase either or both of Tracts 1 & 2 for their high bid.
  • 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 Continental Title Company, which shall hold the money in escrow until closing. Buyer of tract with home will be required to sign affidavit agreeing to make any necessary repairs to septic and well system as required by St. Charles County. An inspection of septic and well is pending and additional details will be provided prior to auction.
  • The balance of the purchase price will be due at closing which will take place at Continental Title Company on or before January 23, 2020.
  • Possession will be given at time of closing subject to the 2019 grain storage agreement.
  • Farmland sells free and clear for the 2020 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 split between buyer(s) & seller. Closing costs will be split between buyer(s) & 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”.


William & Frances Poese Trust
David Buford, Trustee

 

Representing Attorney: Cort M. Smith, Smith Estates & Trusts, LLC, 223 N. Third Street, St. Charles, MO 63301, Ph: 636-949-3701

 

Title Work By: Continental Title Company, 2159 Bluestone Plaza, St. Charles, MO 63303, Ph: 636-939-1100

 

 

Poese Land Auction


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