Knox County, MO Land Auction - Rudd

Location & General Information

159.7 Surveyed Acres • 2 Tracts

Tracts are located approximately 6.5 miles south of Edina, MO or approximately 8.5 miles north of Novelty, MO in Section 8 T61N R11W, Bee Ridge Township, Knox County, MO.

From Edina, take Hwy 15 south approximately 5 miles, then turn east onto Rawhide St for approximately 1.5 miles, farm ahead on north side of road.

From Novelty, take Hwy 156 east approximately 1.4 miles, then turn north onto Hwy 15 for approximately 5.6 miles, then turn east onto Rawhide St for approximately 1.5 miles, farm ahead on north side of road.

Farm represents well-maintained productive farmland, outstanding whitetail deer & wild turkey hunting acreage and premier rural building sites.

Tract Information

TRACT 1 - 40.8 Surveyed Acres

FSA figures should indicate approximately 31.47 cropland acres
Land represents well-maintained productive cropland currently in pasture and includes 2 ponds and a very nice 88x48 machine shed
Soil types: Gara, Armstrong, Leonard, Kilwinning
Access from the south by Rawhide St

TRACT 2 - 118.9 Surveyed Acres

FSA figures should indicate approximately 96.92 cropland acres of which 82.87 acres are enrolled in CRP at a payment rate of $153.17/acre through September 30, 2031
Please Note: Buyer will receive the entire 2023 CRP payment of $12,693.
Land represents productive cropland which would be eligible for organic farming practices and offers outstanding whitetail deer & wild turkey hunting acreage
Soil types: Gara, Armstrong, Kilwinning, Blackoar, Leonard, Lindley
Access from the south by Rawhide St

Method & Terms

Acreages in this advertisement are estimated. A survey will be completed 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 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 April 27, 2023 at Knox County Abstract. Farm will sell free & clear for the 2023 crop year subject to the current CRP contract on Tract 2. The buyer of Tract 2 will receive the entire 2023 CRP payment. The CRP contract could be bought out, contact auction company for details.

The 2023 real estate taxes 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”.