Palmyra, MO 63461 - Marion County

LOCATION

Marion County, Missouri

192 Acres 3 Tracts

SELLER

Oak Hollow Farms Trust

MANAGED BY

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

GENERAL INFORMATION

Land is located in Sections 25 & 36, T59NR7W, Round Grove Township, Marion County, MO.

LOCATION & GENERAL INFORMATION

Farm is located approximately 10 miles northwest of Palmyra, MO or approximately 17 miles southwest of Quincy, IL in Sections 25 & 36, T59NR7W, Round Grove Township, Marion County, MO.

From Palmyra, take Hwy 168 west approximately 6 miles, then turn north onto Hwy A for approximately 4.3 mi, farm ahead on south side of road.

From Quincy, IL, take Hwy 24 west approximately 7 miles, then take the Hwy 6 exit and take Hwy 6 west approximately 5.5 miles, then turn south onto Hwy A for approximately 4 miles, property ahead on south side of road.

Farm represents very well-maintained highly productive tillable cropland and offers several premier rural building sites, only minutes from Quincy, IL or Palmyra, MO.

TRACT INFORMATION

Tract 1 55 Acres (Subject to survey)

FSA figures should indicate approximately 42 cropland acres

Land represents very well-maintained highly productive tillable cropland and offers several excellent building sites with blacktop frontage

Tract includes a nice bin site with a 36x62 metal utility building and 3 grain bins

Soil types: Mexico, Leonard, Armstrong, Gorin, Putnam, Lindley

Access from the north by Hwy A/Hwy M

Tract 2 80 Acres (Subject to survey)

FSA figures should indicate approximately 72 cropland acres

Land represents very well-maintained, highly productive tillable cropland and offers premier building sites

Soil types: Armstrong, Gorin, Calwoods, Armstrong, Mexico, Putnam, Gross

Access from the west by CR 151

Tract 3 57 Acres (Subject to survey)

FSA figures should indicate approximately 50 cropland acres

Land represents very well-maintained highly productive tillable cropland and offers premier building sites

Soil types: Armstrong, Gorin, Calwoods, Weller

Access from the west by CR 151

METHOD AND TERMS

Acreages in this advertisement are estimated. A survey will be completed prior to the sale and all tracts will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-3 will be offered through the marketing method of Buyers Choice, whereas the high bidder can purchase (in any order) any or all of the 3 tracts for their high bid. Buyers Choice auctioning will continue until all tracts have been elected. The tracts will not be offered in their entirety at the end of the auction.

Bidding is NOT subject to financing, appraisal or inspection.

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 Mark Twain Title Company, which shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing which will take place on or before Mary 27, 2022 at Mark Twain Title Company. Possession will be given at the time of closing. Farm will sell free & clear for the 2022 crop year.

The 2022 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 seller. Closing costs will be split between the 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. Buyer should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold AS IS.

Oak Hollow Farms Trust

Title Work By:

Mark Twain Title Co.

123 S. Main Street

Palmyra, MO

(573) 769-2212

Auction Managers:

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812