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165.1 SURVEYED ACRES / 2 TRACTS
Thursday December 19th
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The Smith land is generally located approximately 1 mile Northwest of Luray, MO. Land offers 117 +/- acres of productive tillable cropland, balance in recently harvested timber for hunting. Lying in Sections 4 & 9. Twp. 65N, R9W Clark County MO. |
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- Offers 43.41 Acres of highly productive tillable bottom land, balance in woodlands. |
- Access by surveyed easement entering on the Northeast corner of tract. - Soil Types (cropland): Moniteau and Zook
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- Offers 73.59 Acres of highly productive tillable cropland, balance in grass waterways and few acres of woodland. |
- Added 12/2/24 Access by deeded 40'(road) off county road from the north, subject to easement to tract 1. - Soil types: Armstrong, Moniteau, Adio and Zook
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- Tracts will be sold on a price per acre basis, based on final survey acreage and offered through the method of "Buyer's Choice". |
- Tracts do not sell contingent to financing or any other buyer's contingencies. - Real estate conveyed subject to any recorded easements of record in effect at the day of closing. - Immediately following the bidding the successful buyer(s) will be required to pay 10% down the day of sale payable to Oak Hills Title Company Escrow and sign into a written contract with the sellers. The balance of the purchase price will be due at closing on or before January 21, 2025. - The 2024 taxes will be paid by seller, all 2025 and subsequent years will be the responsibility of the successful buyer(s) - Sellers will provide (owner policy) title insurance in the full amount of the purchase price. - All additional closing cost will be divided in equal shares between the buyer(s) and sellers. - Tillable acres sell subject to a 2025 farm tenant, the successful buyer will receive full cash rent payment of $150 per tillable acre paid 1/2 April 1, 2025 and balance November 1, 2025. Full possession will be given on tillable cropland after 2025 fall harvest. - Closing conducted by Oak Hills Title Company located at 309 Lewis Street, Canton, MO Contact closing agent at 573-288-4462 for any 1031 Exchange or closing questions. - All lines on maps are for identification purposes only. These lines may or may not be accurate. A boundary survey will be completed prior to sale.
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Oak Hills Title Company, Closing Agent
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