KNOX COUNTY, MO LAND AUCTION – JOHNSTON

Tuesday, May 23, 2023 - 10:00 AM 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

How to participate in a Virtual Online Auction

LOCATION

Knox County, Missouri

The farm is located approximately 1 mile south of Newark, MO or approximately 22 miles southeast of Edina, MO in Sections 23 & 26, T60N R10W Fabius Township, Knox County, MO

From Newark, take Hwy E south approximately 1 mile, farm on west side of road. The second entrance is located approximately 1.5 miles west of Newark on Hwy 156.

From Edina, take Hwy 6 approximately 9 miles east, then turn south onto Hwy E for approximately 13 miles, farm on west side of road.

Please contact auction reps before viewing

SELLER

Johnston O M (Mackie) III Family Trust

MANAGED BY

Bill Fretwell (660) 341-7735

Jennifer Wood (217) 257-8812

GENERAL INFORMATION

340.9 Surveyed Acres • 2 Tracts

Farm is a former rock quarry and offers productive tillable cropland, outstanding Northern Missouri Whitetail Deer & Wild Turkey Hunting acreage as well as ideal rural building sites!

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

SOLD!

TRACT 1 - $3,200 PER ACRE

TRACT 2 - $1,850 PER ACRE

TOTAL - $875,825.00

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

TRACT INFORMATION

Tract 1 - 181.6 Surveyed Acres

FSA figures should indicate approximately 78.46 cropland acres of which 9.8 acres are enrolled in CRP at a payment rate of $112.00/acre through 9/30/24.
Land represents productive tillable cropland and offers outstanding Northern Missouri Whitetail Deer & Wild Turkey hunting with Fabius River frontage.
Soil types: Kickapoo, Goss, Gorin, Fatima, Lindley, Gifford, Keswick, Pits (quarry), Chariton, Chequest, Piopolis, Marion
Access from the east by Hwy E and from the north by way of a recorded easement to Hwy 156

Tract 2 - 159.3 Surveyed Acres

FSA figures should indicate approximately 2.62 cropland acres with the balance in wooded areas, grassland & quarry areas
Land represents outstanding Northern Missouri Whitetail Deer & Wild Turkey hunting acreage and a unique opportunity to repurpose the former quarry pits
Soil types: Pits (quarry), Gorin, Keswick, Goss, Kickapoo, Lindley, Mexico
Access from the east by Hwy E

METHOD & TERMS

Acreages in this advertisement are estimated. A survey will be completed prior to the sale and both tracts will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1 & 2 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) either or both tracts 1 & 2 for their high bid. “Buyers Choice” auctioning will continue until both tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

Bidding is NOT subject to financing, appraisal or inspection.

Immediately following the auction, the winning bidder(s) 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 shall hold the money in escrow until closing.

The balance of the purchase price will be due at closing. Closing will take place on or before June 23, 2023 at Knox County Abstract. Farm will sell subject to the current cash rent contract which expires 12/31/25. Buyer will receive ½ of the 2023 cash rent which will be credited to the buyer at closing. Buyer will receive the full 2023 CRP payment.
The 2023 real estate taxes will be prorated as of the closing date and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the buyer & seller.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyer 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”.