McAfee Auction Service, LLC

LAND AUCTION
160 ACRES / 3 TRACTS
(Subject to Final Survey)
Clark County, MO

Tuesday October 12th
6:00 p.m.
Sale conducted at the C.A.R.E. Building located at 451 N. Vine Street, Kahoka, MO

Pictures
Maps
GENERAL INFORMATION
The Martin tracts of land are located 1/4 miles north of Wyaconda, MO on Hwy A. (Address : 11980 Co Rd 127-EW, Wyaconda MO) Offers productive tillable farmland, CRP income, 9.63 acre lake, homestead with several outbuildings. Lying in section 32 & 33, Twp 65N, R9W Clark County, MO.
TRACT INFORMATION

TRACT 1    40 +/- acres
(subject to final survey)

-Offers 19 +/- acres of open tillable farmland, currently in grass, 9.63 acre lake, balance in woods.

-Access by County Road 127-EW running along the north.

-Predominate soil type: Armstrong
TRACT 2   116 +/- acres
(subject to final survey)
-Offers 107.46 acres of productive tillable farmland, 65.06 acres currently in grass, 42.4 acres in CRP paying $90.00 per acre ending October 30, 2022.

-Access by County Road 127-EW on the north.

-Predominate soil types: Armstrong and Adco
TRACT 3    4 +/- acres
(subject to final survey)
-Offers a 3-bedroom, 1 bath, 2 story home with several outbuildings and pond.

-Home has 1005 sq’ on main level and 585 sq’ on 2nd level. Main level offers kitchen, dining room, living room, and one bedroom. 2nd level offers 2 bedrooms. Home has an unfinished basement, long wood/fuel oil dual furnace and rural water.

-Home features custom woodwork by Mr. Martin to include fireplace mantle, door and some flooring all harvested off the farm.

-Other improvements include: 1920's 44x60' barn, Depo building disassembled and reconstructed in early 70's, came from Wyaconda. Depo has a metal roof. 40x40 shop building features insulated room with wood stove previously used as Mr. Martin's machine shop, large storage area, overhead garage door, 24x52' open side pole building, 30x37' garage, 3 bays, cement floor, electric.

Public Open House: Sunday September 19th 1-2 p.m.
TERMS OF SALE
-Tracts 1&2 will be sold on a price per acre basis, based on final surveyed acreage and offered through the method of “Buyer’s Choice” giving the successful bidder the opportunity to take either tract or both tracts in its entirety.

-Tract 3 will be sold separately for one sum amount.

-Immediately following the bidding, the successful buyer(s) will be required to pay 10% down day of sale payable to Oak Hill Title Company Escrow and sign into a written contracts with the seller. The balance of the purchase price will be due at closing on or before November 12, 2021.

-All tracts sell free and clear of farm tenant. Full possession will be given at closing, subject to terms of CRP contract.

-All improvements sell “as is”.

-Sale is not contingent to buyer's ability to obtain financing.

-Real estate conveyed subject to any easements of record in effect at the date of closing.

-The 2021 real estate taxes will be prorated at closing [2020 taxes of $794.95 (all parcels) have been paid.]

-Title insurance in the full amount of the purchase price will be provided by the seller.

-All additional closing costs will be divided in equal shares between the buyer(s) and seller(s).

-Closing conducted by Oak Hill Title Company located at 309 Lewis Street, Canton, MO.

-Contact closing agent at 573-288-4461 for any 1031 exchange or closing questions.

-All lines on maps are for identification purposes only, these lines may or may not be accurate.

-Sale contracts and survey will be available day of sale for review.

AUCTIONEER'S NOTE: Prospective buyers are welcome to view the land at their own leisure. A public open house will be held for structure, not responsible for accidents. Terms cash or check with proper ID. 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.
The Family of George Martin, Sellers

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