KNOX COUNTY, MO LAND AUCTION - DAVIS

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
• 33 ft deeded and owned road for ingress/egress off Hwy TT

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 “Buyer’s 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 “Buyer’s 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”.