KNOX COUNTY, MO LAND AUCTION - SCHRAGE

Tuesday, April 23, 2024 - 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

LOCATION


Knox County, Missouri

The farm is located approximately 2.3 miles southwest of Edina, MO or 5.2 miles east of Hurdland, MO. It is further described as being located in Section 26, T62N-R12W, Lyon Township, Knox County, Missouri. Tract 1 is located on the south side of MO-Hwy 6 and Tract 2 is located just off of MO-Hwy 6 on Kettle Corn Place Road.

From Edina, MO, take MO-Hwy 6 south and west approximately 2.3 miles. From Hurdland, MO, take MO-Hwy 6 east 5.2 miles.

SELLER


Jeremy & Heather Schrage

MANAGED BY


Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833

GENERAL INFORMATION


55.2 surveyed acres • 2 tracts

The tracts represent productive tillable cropland, exceptional northeast Missouri whitetail deer & wild turkey hunting, and prime rural or commercial building sites.

TRACT INFORMATION


Tract 1 – 12.3 surveyed acres

  • FSA records should indicate 8.74 cropland acres
  • Soil types include Gara and Armstrong
  • Land represents prime rural and commercial building sites with rural water, electric and internet
  • Improved with a pond
  • Access along the north off MO Hwy 6

Tract 2 – 42.9 surveyed acres

  • FSA records should indicate 33.66 cropland acres
  • Soil types include Blackoar, Gara, and Arbela
  • Land represents productive tillable cropland with cover crop applied in fall 2023
  • Fertilizer (0-60-140) applied to tillable in fall of 2023
  • Exceptional northeast Missouri whitetail deer and wild turkey hunting
  • Excellent building site with rural water, electric and internet
  • Access from the northeast off Kettle Corn Place Road

METHOD & TERMS


The Schrage farm will be sold on a price per acre based on surveyed acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either of the tracts for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract 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 Thursday, May 23, 2024.

The seller will provide title insurance in the full amount of the purchase price. The 2024 real estate taxes will be prorated to the date of closing. Open tenancy for 2024 crop year and beyond. Possession at closing. The buyer will be offered early possession with full farming rights upon receiving the 10% non-refundable down payment and providing proof of insurance.

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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


SOIL MAP


TRACT 2 PHOTOS


Jeremy & Heather Schrage

Closing & Title Work:

Knox County Abstract

105 S 1st St, Edina, MO 63537 | (660) 397-3259

Auction Manager:

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833