New London, MO 63459 - Ralls County

RALLS COUNTY, MO LAND AUCTION - MOORE

Wednesday, August 21, 2024 - 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

Ralls County, Missouri

The Ray & Elsie Moore Estate real estate contains 338.9 acres to be sold in 2 tracts and is located in Ralls County, MO. Tracts 1 & 2 are located 2.9 miles east of New London, MO, north of MO Hwy V. Tract 1 is further described as being in Section 4, T55N-R4W & Section 33, T56N-R4W, Saverton Township, Ralls County, Missouri. Tract 2 is further described as being in Section 33, T56N-R4W, Saverton Township, Ralls County, Missouri.

SELLER

Ray & Elsie Moore Estate

MANAGED BY

Steve Zeiger (573) 231-9802

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

338.9 surveyed acres 2 tracts

Both tracts offer an excellent opportunity. Tract 1 is currently in pasture and hay ground with the potential to be converted to tillable ground. Tract 2 has approximately 70 acres of highly productive soils and offers great potential for recreational or investment property. The tracts offer an excellent opportunity.

TRACT INFORMATION

Tract 1 206.3 surveyed acres

FSA maps indicate approximately 148.87 cropland acres

NCCPI Overall Rating: 76.6

Soil types include Winfield & Weller

Improvements include:

36 x 60 open shed

4 small farm ponds

36 x 50 Morton pole barn

2 cattle loafing sheds

Access from the south by MO State Hwy V

Tract 2 132.6 surveyed acres

FSA maps indicate approximately 69.31 cropland acres

NCCPI Overall Rating: 73.3

Soil types include Weller, Winfield, and Belknap

Improvements include:

2 small farm ponds

1 cattle loafing shed

Access from the south by MO State Hwy V and from the east by Flint Hill Road

METHOD & TERMS

The Ray & Elsie Moore real estate will be sold on a price per acre basis, based on surveyed acres. Tracts 1 & 2 will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract 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 Accurate Land Title Co., 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 August 23, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes due and payable in 2024. The 2024 real estate taxes will be prorated to the date of closing. Buyer will be responsible for 2025 real estate taxes and beyond. Possession will be given at closing.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Ray & Elsie Moore Estate

Auction Managers:

Steve Zeiger (573) 231-9802

Dan Sullivan (319) 795-1833