Live and Online at Ranchandfarmauctions.com

Auction Date: 7/25/2024 Auction Time: 1:00 PM CT

Auction Venue Location: DeKalb County Youth Building, 107 East Highway 6, Maysville, MO 64469

Entire Farm Description:

Presenting 2 well-maintained upland row crop farms to be offered in 5 tracts. These farms are highly tillable and also include hunting, fishing, and potential build sites. The current crop lease is based on approximately 450 tillable acres, or 82% tillable. These farms cash rented for $99,000 ($220 per tillable acre) in 2023 and 2024, with open tenancy after 2024 crops are harvested. The current tenant is a reputable farmer and has applied fertilizer at a minimum of 150-70-55 pounds per acre for corn and a minimum of 0-40-70 pounds per acre for soybeans. Some areas had a cover crop applied after the 2023 harvest, and several tracts feature terracing, grass waterways, and erosion control ponds. Primary soil types are Lamoni clay loam, Shelby loam, and Grundy silt loam, with an overall NCCPI of 63.

Tract 2 of 5 Description: 116.9+/- acres

This highly tillable tract has road frontage on 2 sides, potential building sites, and a few timbered draws for hunting and wildlife. There are approximately 104 tillable acres, most of which are terraced. Primary soil types are highly rated Lamoni clay loam and Grundy silt loam.

Tract #: 2

Deeded Acres: 116.9+/-

FSA Farmland Acres: 104+/- (Estimated, FSA Tillable TBD)

Soil Types: Lamoni clay loam, Grundy silt loam, Lagonda silty lay loam, and others

Soil PI/NCCPI/CSR2: 65.7 NCCPI

CRP Acres/payment: No CRP

Taxes: TBD

Lease Status: Open tenancy for 2025/Subject to 2024 tenancy agreement

Possession: Immediately after harvest

Survey needed?: No survey needed

Brief Legal: NW 1/4 S4 T58N R30W except NW 1/4 NW 1/4 and pt SE 1/4 NE 1/4 S5 T58N R30W

PIDs: TBD

Lat/Lon: 39.876 -94.2753

Zip Code: 64469

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Over 80% tillable with erosion control including terracing, grass waterways, and ponds

Excellent access with numerous potential building sites

Recreational opportunities for fishing and deer, turkey, and quail hunting

Tillable acres are mostly Lamoni clay loam, Shelby loam, and Grundy silt loam

Total cash rent for 2024 was $99,000 based on 450± tillable acres at $200 per acre

Open possession after 2024 harvest

Tract sizes from 40-238.5+/- Acres

Please visit the auctioneers website for more photos and full Terms and Conditions.