142.46± Surveyed Acres – Sells In 3 Tracts

Tract 1 – 4.59± Surveyed Acres

• This tract has not been in production, but would make a great potential building site with frontage along Highway 6/31 and State Highway P.
• FSA indicates: 4.77 cropland acres.
• Class III & IV majority soil types include: Sharpsburg & Lamoni.
• Located in Section 25, Washington Township, DeKalb County, Missouri.
• Tax Parcel: Part of 0000-12-70-25-00-000-000400
• 2023 Net Real Estate Taxes = $11.12 Approx.
• View FSA Field Map, CRP Contract & 156 EZ Form
• View Tract 1 - Soil Map
• View Survey Overlay
• View Survey Plat
• View Tract 1 - Real Estate Contract

Tract 2 – 91.14± Surveyed Acres

• This tract offers row crop production along with CRP income.
• FSA indicates:  68.5 cropland acres of which 19.29 acres are in CRP as follows:
• 19.29 acres X $145.49 = $2,806.50 and expires on 9-30-2031.
• Class II, III & IV majority soil types include: Zook, Lamoni, Shelby & Sharpsburg.
• Balance of land being timber.
• Located in Sections 25 & 36, Washington Township, DeKalb County, Missouri.
• Tax Parcel: Part of 0000-12-70-25-00-000-000400 & 0000-12-72-36-00-000-000300
• 2023 Net Real Estate Taxes = $208.64 Approx.
• View FSA Field Map, CRP Contract & 156 EZ Form
• View Tract 2 - Soil Map
• View Survey Overlay
• View Survey Plat
• View Tract 2 - Real Estate Contract

Tract 3 – 46.73± Surveyed Acres

• This tract offers a recreational timber tract with row crop production and Little Third Fork creek running through this tract.
• Approx. 9.71 acres in current row crop production, balance being timber.
• Class I & II majority soil types include: Zook & Wiota.
• Located in Sections 25 & 36, Washington Township, DeKalb County, Missouri.
• Tax Parcel: Part of 0000-12-70-25-00-000-000400 & 0000-12-72-36-00-000-000300
• 2023 Net Real Estate Taxes = $65.43 Approx.
  
• View FSA Field Map, CRP Contract & 156 EZ Form
• View Tract 3 - Soil Map
• View Survey Overlay
• View Survey Plat
• View Tract 3 - Real Estate Contract

Terms: At the conclusion of the auction, the winning bidder 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 St. Joseph Title, LLC, which shall hold the money in escrow until closing.  The balance of the purchase price will be due at closing/final settlement which will take place at St. Joseph Title, LLC, 3901 Oakland Avenue, St. Joseph, MO on or before November 21, 2024.
Possession: Full possession will be given at time of closing/final settlement.
Real Estate Taxes: Seller shall pay the 2023 real estate taxes due and payable in 2024.  The 2024 real estate taxes will be prorated to the date of closing.  Title Insurance in the full amount of the purchase price will be provided by the Seller.  Closing costs will be shared 50/50 between Buyer & Seller.

Special Provisions:

•        This real estate auction will have a 5% buyer’s premium. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
•        Tracts will be linked together with the bidding set to close simultaneously. If a bid is placed with less than 4 minutes left, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. Each Tract will stay in bidding extension until there are no more bids placed on any of the Tracts that are linked together.
•        The down payment is due on the day the bidding closes and signing of the real estate contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
•        Seller has served termination to the tenant, therefore the land is selling free and clear for the 2025 farming season.
•        It shall be the obligation of the Buyer to report to the DeKalb County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. CRP Prorate.
•         Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the Buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agrees to indemnify and hold harmless the Sellers for any recovery sought by the FSA due to actions of Buyer, which would violate the requirements of the CRP.
•        All Tracts will be surveyed by a licensed surveyor, at Seller’s expense.  Tracts will be sold by the acre with gross surveyed acres being the multiplier used to determine the total bid amount.  In the event the final survey is not completed by auction day or if the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at closing.
•        This auction sale is not contingent upon the Buyer’s financing or any other Buyer contingencies.
•        If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
•        The Buyer shall be responsible for any fencing in accordance with state law.
•        The Buyer shall be responsible for installing his/her own entrances if needed or desired.
•        If in the future a site clean-up is required, it shall be at the expense of the Buyer.
•        All mineral rights, if any, held by Seller will be transferred to Buyer upon closing.
•        This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
•        All lines, drawings, boundaries, dimensions, and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
•        The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
•        Steffes Group, Inc. is representing the Seller.
•        Any announcements made or published on the day of sale take precedence over advertising.