Mercer County, MO- Princeton, MO
Row Crop with Potential Build site and Great Hunting Potential
Method of Sale: Online Auction Only with bidding opening February 7th through February 14th at 2:00 p.m.
Location: Farm is located 10 +/- miles West of Princeton off Hwy 136. Turn onto Galaxy Rd. and head North approximately 2.5 miles. Turn Left on Gale Pl. and the farm is located on the end of Gale Pl.
Short Legal: 125 acres +/- lying in Township 65N Range 25W Section 28
Legal Description: TBD by survey.
Total Approximate Acres: 125 +/-
Soils: Gara loam, Nodaway silt loam, Zook silty clay loam, Adair loam, Armstrong loam
Description: Great row crop farm with an excellent bottom. The bottom has 55 acres +/- of tillable Class II soils. The soils are Nodaway silt loam and Zook silty clay loam. There are an additional 36 acres +/- of tillable hill ground. The farming rights are open for 2024. This farm would be an excellent one for a farmer or investor to add to their portfolio! A survey will be done prior to closing and the final price will be determined based on surveyed acres.
Terms & Conditions
Method of Sale: Online only auction with bidding open February 7, 2024 at 8:00 a.m. and shall close on February 14, 2024 at 2:00 p.m. Closing to be completed on or before March 14, 2024.
Bidding will end with a soft close, meaning that a bid in the final minutes will extend the bidding by approximately 5 minutes. With farms being joining in location, the auction will be linked, meaning all four (4) tracts will extend by five (5) minutes if any one track has a bid on the last minute.
A survey will be completed prior to closing to determine exact acres and purchase price will reflect the surveyed acres.
The successful high bidder, 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 non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance due at final closing.
Buyer to receive possession at closing.
United Country Nelson Real Estate & Auction Company 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.
Sold subject to seller confirmation. The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. Property will not be considered sold, and all bids will be treated as offers on property, until the purchase agreement is fully executed by all parties with earnest money deposited.
This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such reason. Buyer must secure their own necessary financing approval prior to the auction.
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.
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. Old farmstead of little value is located on tract #3. Sellers will furnish Lead Base Paint Disclosure required by federal law for anything built prior to 1978. Sellers make no guarantee or warranty on the homes condition or functioning of systems, or suitability for purchasers intended use.
Seller and or the auction company do not guarantee acres.
Taxes shall be prorated to date of 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. 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.
Under no circumstances shall Bidder have any kind of claim against United Country Nelson Real Estate & Auction Company, 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.
United Country Nelson Real Estate & Auction Company are exclusive agents of the Seller only.
All bidders are required to register 24 hours prior to the end of the auction. Any registrations in the last 24 hours of bidding are not guaranteed to be given bidding permissions.
Starting at $1000 to $2000 Bid Increments are $1000
$2000 to $3000 Bid Increments are $500
$3000 to $4000 Bid Increments are $250
$4000 to $5000 Bid Increments are $100
$5000 and UP Bid Increments are $25
Bidding and increments are at the discretion of the auctioneer and may be changed/adjusted at any time. Bidding is times the acre to arrive at a total purchase price.