McAfee / Hayes
Auction Service, LLC

LAND AUCTION
147.6 ACRES / 7 TRACTS
Adair County MO

Thursday April 2nd
6:00 p.m.

Sale conducted at Days Inn located 3805 S. Baltimore Street, Kirksville, MO

Aerial Maps

GENERAL INFORMATION
The Caviness land is generally located on the edge of the city limits of Kirksville, MO on Hwy. 11.

Tracts feature open tillable and grassland, 2 tracts with a portion of woods, 1 tract with a pole building with cement floor, water and electric. Excellent investment opportunity for residential building sites close to town and productive tillable farmland.

Lying in Section 1 and 2, Twp. 62N,R15W, Adair County MO.

TRACT INFORMATION
TRACT 1   11.3 Surveyed Acres

Tract 1 Picture

- Offers open tillable and grassland, no improvements.

- Access by Hwy. 11 on the South.

- Majority of this tract is in the city limits of Kirksville.

TRACT 2   42.6 Surveyed Acres

Tract 2 Pictures

- Offers all open land, approx.30 +/- acres currently in rowcrop production, no improvements.

- Acess by the North off Burton Way, then south on Canton Way. Conveys with easement to Tract 3.

- Soil types: Armstrong, Adco.

TRACT 3   11 Surveyed Acres

Tract 3 Pictures

- Offers open land, no improvements.

- Access from the North off Burton Way, then south on Canton Way and new sureyed easement entering on the west side.

TRACT 4   12.8 Surveyed Acres

Tract 4 Pictures

- Offers open land, improved by a 50 x 30 pole building (with 20 x 30 lean to) with cement floor, electric and water.

- Access by existing easement off Hwy. 11 from the South. Conveys with surveyed easement on South portion of tract for ingress and egress to tract 7.

TRACT 5    18.8 Surveyed Acres

Tract 5 Pictures

- Offers open tillable and grass land, water structure, no improvements.

- Accessed by 40' wide owned access off Burton Way on the north, conveys with (driveway) easement on this access to adjoining property.

TRACT 6   19.1 Surveyed Acres

Tract 6 Pictures

- Offers open tillable and grassland, 2.96 acres +/- of woods, No improvements.

- Access by 60' wide owned access off Burton Way on the North.

TRACT 7   31.8 Surveyed Acres

Tract 7 Pictures

- Offers open tillable and grassland, 11.64 acres +/- woods, No improvements.

- Access by existing easement off Hwy. 11 and new surveyed easement across lower southern portion of Tract 4.

TERMS AND CONDITIONS
- Tracts will be sold on a price per acre basis, based on surveyed acreage.

- Tracts will be offered in a group through the method of "Buyer's Choice" allowing the successful bidder to take any single tract and/or any combination of tracts or all tracts in its entirety. This method will continue until all tracts have been sold.

- All tracts sell free and clear of farm tenant and sell subject to any recorded easements of record. Title committment policies on each individual tracts and the survey will be available for preview prior to auction evening of sale.

- Bidding is not contingent upon financing. Immediately following the bidding the successful buyer(s) will be required to pay 10% down evening of sale payable to Pickell Abstract Company Escrow and sign into a written contract with the seller. Balance will be due on or before May 5, 2020 at closing

- Full possession will be given at closing, subject to any recorded easements and/or zoning.

- 2020 property taxes will be prorated at time of closing. All subsequent years will be the buyer(s) responsibility.

- The buyer acknowledges that buyer has inspected the property and is familiar with the premises. The buyer is buying the real estate "As Is".

- Seller will pay for the title searches and pay for the sellers policy of title insurance in the full amount of the purchase price. Any additional closing cost will be divided in equal shares between the buyer and sellers.

- Closing conducted by Pickell Abstract Company located at 115 S. Franklin St. Kirksville, MO. Call 660-665-8324 with any 1031 questions and/or closing questions.

- We encourage all prospective buyers to view the tracts of land at their own leisure during daylight hours. Maps can be viewed on our website.

AUCTIONEER'S NOTE: Attractive smaller tracts for residential development, recreational use and/or farmland. Terms cash or check with proper ID. Not responsible in case of accident.. Announcements made sale day take precedence over any advertisement. The above information is believed to be accurate; however, no liability for its accuracy, errors or omissions are assumed by the seller or auction service. All lines on maps are for identification purposes only, these lines may or may not be accurate

Robert Caviness, Seller
Pickell Abstract Company, Closing Agent

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