Smith Land Auction

Real Estate

Location: Virtual, Online Only, MO

10 a.m. Monday, November 23rd, 2020
For this auction's sale bill, catalog or poster, CLICK HERE

 

This listing posted Nov. 2; for updates or more photos and info, Click Here


455 Acres±  (subject to survey) • 5 Tracts

Highly tillable productive cropland with close proximity to major grain terminal and interstate highways.

 

Auction to be conducted as a virtual, online only auction.  No internet buyer fees! No on-site bidding permitted.  If you need assistance with internet bidding, please contact our office at (844) 847-2161.

 

Location & General Information

Farms are located in Section 35, T57N•R16W, Callao Township, Section 20, T59N•R15W, Independence Township and Section 17, T59N•R13W, Jackson Township, Macon County, MO.

Tract 1 is located approximately 3.5 miles south of Callao, MO or approximately 10 miles southwest of Macon, MO. From Callao, MO (Jct. Hwy. 36 & 3) take Hwy. 3 south approximately 3.5 miles to Greyhound St., then west 1/4 mile to farm.

Tracts 2 & 3 are located approximately 6 miles west of Atlanta, MO or approximately 12 miles northwest of Macon, MO. From Macon, MO take US Hwy. 36 west approximately 6 miles to Hwy. 3 (Callao exit), then north approximately 9 miles to Hornet St., then east 1/4 mile to farm.

Tracts 4 & 5 are located approximately 5 miles east of Atlanta, MO. From Atlanta, MO take Hwy. M east approximately 5 miles to Hwy. K, then north 1.5 miles to Mariner St., then east 1/2 mile to farm.

Farms represent highly tillable productive cropland with close proximity to major grain terminal and interstate highways.

 
Tract Information

Tract 1 • 140 Surveyed Acres

  • FSA figures should indicate approximately 132.04 acres of tillable cropland.
  • Primary soil types: Armstrong, Bevier & Wilbur.
  • Land represents productive tillable cropland. Farm is improved with a nice 30’ x 75’ machinery/storage shed with (4) 12×15 sliding doors, 30’ concrete with wall for shop area. A 20’ diameter with an 8’x8’ roll up door-made for storage.
  • Access from the north by Greyhound Street & the west by Fairway Avenue.

 

Tract 2 • 83.4 Surveyed Acres

  • FSA figures should indicate approximately 70.21 acres of tillable cropland.
  • Primary soil types: Armstrong, Adco & Vesser.
  • Land represents productive tillable cropland & offers good whitetail deer & wild turkey hunting areas.
  • Access from the north by Grover Street.

 

Tract 3 • 73.3 Surveyed Acres

  • FSA figures should indicate approximately 63.17 acres of tillable cropland.
  • Primary soil types: Armstrong, Vesser & Piopolis.
  • Land represents productive tillable cropland & offers good whitetail deer & wild turkey hunting areas.
  • Access from the south by Hornet Street.

 

Tract 4 • 79.4 Surveyed Acres

  • FSA figures should indicate approximately 76.92 acres of tillable cropland.
  • Primary soil types: Keswick, Adco & Leonard.
  • Land represents productive tillable cropland & offers good whitetail deer & wild turkey hunting areas.
  • Access from the south by Mariner Street.

 

Tract 5 • 78.9 Surveyed Acres

  • FSA figures should indicate approximately 72.55 acres of tillable cropland.
  • Primary soil types: Keswick, Leonard, Adco & Gorin.
  • Land represents productive tillable cropland.
  • Access from the south by Mariner Street.

 

Method and Terms


A survey has been completed prior to the sale on all 5 tracts. Tract 1 will be sold first on a price per acre basis based on acreages obtained from completed survey. Tracts 2 & 3 will then be sold and offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) either or both of Tracts 2 or 3 for their high bid. Tracts 4 & 5 will then be sold and offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) either or both of Tracts 4 or 5 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 LandCo Title & Escrow, LLC, 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 LandCo Title & Escrow, LLC. Please note: Closing for Tract 1 will be in 2021 on or before January 10, 2021. Possession will be given at the time of closing subject to seller reserving possession of machine shed until April 1, 2021.

Closings for Tracts 2, 3, 4 & 5 will be on or before December 23, 2020. Possession will be given at the time of closing subject to the harvest of the current soybean crop.

The 2020 real estate taxes will be paid by the sellers. Title insurance in the full amount of the purchase price will be provided by the seller. 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”.

Harold & Virginia Smith

Closing & Title Work By: LandCo Title & Escrow, LLC, 303D South Missouri, Macon, MO 63552. Phone: (660) 395-3528.

Auction to be conducted as a virtual, online only auction.  No internet buyer fees! No on-site bidding permitted.  If you need assistance with internet bidding, please contact our office at (844) 847-2161.

 

Smith Land Auction

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Questions about this auction? Phone 217.847.2160 or email our office at [email protected].

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Sullivan Auctioneers, LLC

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