SCOTLAND COUNTY, MO LAND AUCTION - JOHNSTON

Tract 1 – 100.2 surveyed acres

• FSA records should indicate approximately 98 cropland acres
• Soil types include Edina, Adco, and Lamoni
• Land represents nearly 100% well-maintained highly productive tillable cropland
• NH3 and fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• Well drained with established terraces
• Access from the north by Route AA

Tract 2 – 204.3 surveyed acres

• FSA records should indicate approximately 198 cropland acres
• Soil types include Lamoni, Armstrong, Adco, and Edina
• Approximately 160.43 acres currently in row crop production
  • 36.72 acres enrolled in CRP with an annual payment of $3,672.00 (expires 9-30-2030)
• Land represents highly productive tillable cropland and income producing CRP
• NH3 and fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• 17.4 acres of wheat was planted in the fall and will go the buyer at no expense
• Well drained with established terraces
• Access from the north by Route AA

Tract 3 – 99.3 surveyed acres

• FSA records should indicate 78.6 cropland acres
• Soil types include Gara, Armstrong, and Adco
• Land represents productive tillable cropland with remainder in timbered draws and waterways
• Fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• Excellent hunting opportunities
• Access from the west by County Rd 515

Tract 4 – 135.1 surveyed acres

• FSA records should indicate 104.8 cropland acres
• Soil types include Gara, Blackoar, and Armstrong
• Land represents productive tillable cropland with remainder in timbered draws and waterways
• Fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• Excellent hunting opportunities
• Improved with a pond
• Access from the southeast by Route AA

Tract 5 – 195.3 surveyed acres

• FSA records should indicate approximately 140 cropland acres
• Soil types include Armstrong, Lamoni, Adco, and Arbela
• Currently approximately 93 acres in row crop production
• Land represents productive tillable cropland with remainder in timber and brush
• Fertilizer and pre-emergent applied (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• Excellent hunting opportunities
• Improved with ponds
• Possible timber value
• Access from the north by Hwy 136

Tract 6 – 10 surveyed acres

• FSA records indicate approximately 7.6 cropland acres
• Land represents productive tillable cropland and potential building site
• Fertilizer and pre-emergent applied (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details
• Excellent building site with all utilities present in close proximity to Memphis, MO
• Improved with a shed and silo
• Access from the north off Hwy 136

Tract 7 – 5.4 surveyed acres

• Beautiful small acreage with custom built log home (2010)
• 2 bedrooms on main floor with ¾ bath and ½ bath
• Loft includes 1 bedroom and ¾ bath
• Unfinished basement with ¾ bath and walk-out doors
• Attached two car garage
• All season sunroom off master bedroom
• Very high-quality log home with approximately 2,400 sf of living space
• Improved with two ponds and outbuildings
• Access from the south by Route AA
• OPEN HOUSE: Tuesday, March 4 from 4-6 PM
• Physical Address: 22661 State Route AA, Memphis, MO 63555

The Johnston Farms land will be sold on a price per acre basis, based on surveyed acres. Tract 1-5 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tract(s) 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. Following the sale of tracts 1-5, tract 6 will sell for lump sum or total dollar amount, then tract 7 will sell for the lump sum or 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 Scotland 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 April 18, 2025.

The seller will provide title insurance in the full amount of the purchase price. Buyer will pay the real estate taxes on tracts 1-6 and real estate taxes on tract 7 will be prorated to the date of closing. Tract 2 buyer will receive the 2025 CRP payment. No current leases in place. Possession 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 pertaining to this property. Real estate is being sold “AS IS”.