Edina, MO 63537 - Knox County

Tuesday, November 21, 2023 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Knox County, Missouri

The Davis farm is located southeast of Edina, MO approximately 8.6 miles, just south of Hwy TT. The farm is further described as being located in Section 21 & 28, T61N-R11W, Bee Ridge Township, Knox County, Missouri.

SELLER

Dorothy Davis Revocable Living Trust

Carl Davis and Carol Ahlemeyer, Co-Executors

MANAGED BY

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

196.79 taxable acres 3 tracts

The land contains a total of 196.79 taxable acres, will be sold in 3 tracts, and represents highly productive tillable farmland, income producing CRP, and hunting. Farmers, investors, and hunters dont miss this opportunity!

TRACT INFORMATION

Tract 1 76.79 taxable acres

FSA records indicate 76.75 cropland acres

NCCPI Overall Rating: 61.5

Soil types include Putnam, Kilwinning, Leonard, and Gara

Access along the west off County Road 270 and along the south off County Road 285

Tract 2 80 taxable acres

FSA records indicate 76.46 cropland acres

NCCPI Overall Rating: 60.7

Soil types include Putnam, Kilwinning, Leonard, and Gara

Access along the west off County Road 270 and along the north off County Road 285

Tract 3 40 taxable acres

27.88 acres currently enrolled into CRP expiring 9-30-2031 (paying $4,308.00 yearly)

Soil types include Armstrong, Gara, Blackoar, and Kilwinning

Remaining acres are timbered draws that would make for excellent hunting

Access from the north off State Highway TT

METHOD & TERMS

The Davis farm will be sold on a price per acre basis, based on taxable acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer 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 Knox County Abstract, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before December 21, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes. Buyer(s) will be responsible for all subsequent real estate taxes. Open lease for 2024 crop year and beyond. There are no hunting leases associated with the property. Possession at closing, subject to removal of crops by the current tenant.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers 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.

Dorothy Davis Revocable Living Trust

Carl Davis and Carol Ahlemeyer, Co-Executors

Title Work:

Knox County Abstract

105 S 1st St, Edina, MO 63537 | (660) 397-3259

Auction Managers:

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833