Novinger, MO 63559 - Adair County

Thursday, October 12, 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

Adair County, Missouri

The Joyce Hammons Estate farm is located just north of Novinger on Hwy 149. The farm is further described as being located in Section 20, T63N-R16W, Nineveh Township, Adair County, Missouri.

SELLER

Joyce Hammons Estate

Glenna Daniels Young, Personal Representative

MANAGED BY

Louie Zinn (319) 795-2314

OPEN HOUSE

Tuesday, October 3rd 4:00 PM - 6:00 PM

GENERAL INFORMATION

234 acres (subject to survey) 3 tracts

The tracts represent tillable cropland, pastureland, timber/recreational land, potential building sites, and a home.

TRACT INFORMATION

Tract 1- 152 acres (subject to survey)

FSA records indicate 27.68 NHEL cropland acres

NCCPI Overall Rating: 79

Soil types include Vesser, Gifford, Dockery/Tice, and Vanmeter

Berms in place to protect tillable acres; the remaining acres represent pasture/hay, tall grasses/forbs, and timber

Davis Creek runs through the property

Improved with a pond and fences in place

Excellent whitetail deer and other wildlife habitat

Access along east side via Gasperi Rd off Hwy 149

Tract 2 73 acres (subject to survey)

Acreage represents pasture/hay and timber

All utilities present on Hwy 149; excellent potential building site

Improved with a barn, silo, grain bin, a pond and fences in place

Excellent whitetail deer and other wildlife habitat

Access along the northeast corner off Hwy 149 and along the south on Gasperi Rd

Tract 3 9 acres (subject to survey)

Acreage represents pasture/hay and timber with a 5 bed, 1 bath, two-story farmhouse (approx.1,800 square feet)

All utilities present with home

Improved with two outbuildings, a pond, and fences in place

Excellent potential building sites

Excellent whitetail deer and other wildlife habitat

Located on Hwy 149

METHOD & TERMS

Tracts 1 and 2 will be sold on a price per acre basis, based on surveyed acres, and 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. Tract 3 will then be sold for a lump sum total dollar amount. 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 Pickell Abstract Company, 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 November 10, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 crop income and the 2023 real estate taxes will be prorated to the date of closing. Buyer(s) will be responsible for all subsequent real estate taxes. Open lease for 2024 crop year and beyond. No hunting lease in place. 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.

Joyce Hammons Estate

Glenna Daniels Young, Personal Representative

Representing Attorney:

Wallace Trosen | Wallace W. Trosen, Attorney At Law LLC

1 Crown Dr # 102, Kirksville, MO 63501 | (660) 665-4070

Title Work:

Pickell Abstract Company

115 S Franklin St, Kirksville, MO 63501 | (660) 665-8324

Auction Manager:

Louie Zinn (319) 795-2314