Excellent Missouri River Bottom Farm app. 1 mile inside the protected levee.
TRACT 5
Buchanan County Missouri Bottom Land Auction
ONLINE ONLY
July 4, 2022 - July 11, 2022
Location: St Joseph, MO
Short Legal: Twn57N, Rng36W, Sec 35
Total Acres: 115.02+/-
Directions: South of Saint Joseph on Hwy 59 to U Highway. West on U approximately 1/2 Mile to SW Nelson Road. Take SW Nelson Road North ½ mile farm on North East Side of Road.
Possession: Farm is currently leased for the 2022 crop year. Lease will transfer with the property. This is a one year lease. Buyer will be credited a proration of the rent for the 2022 crop year.
Method of Sale: Farm will be offered by online auction only. The bidding will open starting July 4th and ending on July 11th, 2022.
Taxes: $204.51 (2020 Tax Year).
South St Joseph Drainage and Levee District Tax Levy for 2021: $801.60
Closing Date: Farm must be closed on or before August 24th, 2022.
Soils: Soils predominantly Haynie silt loam, 0 to 2 percent slopes, Class 1 Soils, with some Albaton silty clay, 0 to 2 percent slopes Class 2. Class 1 and 2 soils.
FSA Information: Total Acres 115.02+/-, Cropland Acres 99.24+/-.
Description: Perfect size tract nearly entirely tillable. Class 1 and 2 excellent soils. Located on hard surface road with great access. Great investment potential.
Farm is conveniently located South of Saint Joseph MO with several grain outlets being in close proximity. Strong farming community with plenty of successful farming operations if you are looking for a tenant. Current tenant on the farm has done a great job with the farm.
AUCTION TERMS & CONDITIONS: Online bidding opens July 4th, 2022.
Online bidding ends Monday, July 11th, 2022. Each Tract will end with a soft close, meaning that a bid in the final minute will extend bidding by approximately 5 minutes. Tract 1 will begin ending at approximately 11:00 am Tract 2 will begin ending at approximately 11:30 am
Tract 3 will begin ending at approximately 12:00pm
Tract 4 will begin ending at approximately 12:30pm
Tract 5 will begin ending at approximately 1:00pm
All bids are placed on a per acre basis (your bid times the total acres for each tract). Bidders will be required to register and sign terms/conditions before bidding on the auction. The successful high bidder for each tract, upon completion of the Real Estate Auction, must complete and sign a purchase agreement and render 10% of the purchase price (earnest money) as a deposit on Real Estate in the form of a personal check, business check, certified funds or wire payable to Closing Company. Closing company to be First American Title in St Joseph MO. Balance due at final closing on or before August 24, 2022.
United Country Property Solutions LLC must receive a signed copy of the contract (hand delivered, faxed, or scanned and emailed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid.
The sellers shall have 24-hours following the final bid to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.
This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. Out of area personal checks must be with the approval of the Auction Company personnel. Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit. Sale is non-contingent; failure to close will result in forfeiture of the earnest money. Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids. The property is sold “As Is, Where Is” and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding. Sellers and/or the Auction Company do not guarantee acres. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to prospective buyer. Seller shall provide an Owner’s Policy of Title Insurance in the amount of the purchase price and shall execute a proper deed conveying the real estate to the buyer. Farms are leased for the 2022 crop year, new owners shall gain possession after removal of growing crops Buyers shall receive a prorated share of the 2022 farm income according to the chart below upon closing. Sale shall include all mineral rights owned by the seller if any. Property is sold based on the legal description. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. Under no circumstances shall Bidder have any kind of claim against United Country Property Solutions LLC, Sellers, or any party if the Internet service fails to work correctly before or during the auction. The information 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. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. Farm is being sold with reasonable reserve. Sellers reserve the right to accept and or reject any or all bids. They also reserve the right to sell any individual parcel to a high bidder. Each tract will stand on its own as an individual "auction".
Tract 1 buyer credit at close: $8,170
Tract 2 buyer credit at close: $5,330
Tract 3 buyer credit at close: $22,140
Tract 4 buyer credit at close: $3,762.50
Tract 5 buyer credit at close: $10,750
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