Abraham l. Gubbine Jr. Estate Auction

Location: 202 E. Moore St., LaPlata, MO
Land is located approximately 5 miles southeast of LaPlata, MO in Section 36, T60NR14W and Section 1, T59NR14W, Macon County, MO. From LaPlata, MO (Jct. of US Hwy. 63 & State Hwy. 156) take US Hwy. 63 south approximately 2.5 miles to Hwy. NN, then east 2.5 miles to Leopard Ave. (end of hard surface road), then south 1 mile to Leech Road, then east & south 1.25 miles to farm. Be watching for presale directional signs.
10:00 AM Thursday December 6th, 2018
Personal Property & Real Estate
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This listing posted Nov.21; for updates or more photos and info, CLICK HERE

Please read carefully – 2 separate times & locations!

325 Acres± (Subject to Survey) • 3 Tracts

Land to sell at the Silver Rails Event Center • 202 E. Moore St. • LaPlata, MO

 Tract Information


Tract 1 – 5 Acres± (Subject to Survey)

• This tract is improved with a very nice 1994 built, 1,512 sq. ft. 3 bedroom, 2 bath, ranch style country home. Residence features vinyl hardwood flooring, open kitchen, dining, living area & includes a full walkout basement & attached 504 sq. ft. open front garage/storage.

Other improvements include an excellent 80′ x 60′ machinery/storage building (partial concrete) with attached 812 sq. ft. shop/garage as well as a very good 26′ x 32′ open front livestock shed.

• FSA figures should indicate approximately 2.5 acres of tillable cropland within this tract.

• Access from the west by Leech Road.

Personal Property to sell @ 1:00 P.M. at the farm: 16064 Leech Road • LaPlata, MO 63549

Tract 2 – 160 Acres± (Subject to Survey)

• FSA figures should indicate approximately 141.78 acres of tillable cropland with the balance in wooded draws & pond.

• Soil types: Armstrong, Zook, Purdin, Bevier & Adco.

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

• Access from the west by Leech Road.

 

Tract 3 – 160 Acres± (Subject to Survey)

• FSA figures should indicate approximately 151.36 acres of tillable cropland with the balance in wooded draws.

• Soil types: Armstrong, Adco, Purdin, Leonard & Zook.

• Land represents productive tillable cropland and offers very good hunting/recreational acreage.

• Access from the west by Leech Road.

 

Method and Terms
Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 3 tracts. Tract 1 will be sold for a lump sum total dollar amount. Tracts 2 & 3 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 2 & 3 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) either or both of Tracts 2 & 3 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.

At the auction immediately following the bidding, 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 American Title & 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 American Title & Abstract Co. on or before January 10, 2019. Full possession will be given at the time of closing.

The 2018 real estate taxes will be paid by the seller. The 2019 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. Closing costs will be split between buyer & seller.

 

Abraham L. Gubbine Jr. Estate

Mark Thomas, Personal Representative


Representing Attorney: Richard L. Winkie, Winkie Law LLC,  101 E. Sheridan Street,Macon, MO 63552, ph 660-385-2244

 

 

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.

Abraham l. Gubbine Jr. Estate Auction



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