Nodaway Co. Land Auction
Featuring 204 Acres m/l with 167.4 Acres in Cropland
Located Northeast of Elmo, Missouri
Thursday, August 26, 2010 - 10:30 a.m.
Auction Location: Younger Auction Gallery, 312 E. South Hills Dr., Maryville, Mo.
Property located South of Braddyville, Iowa, on Hwy. 71 approx. 1 mi. to Blacktop D then West 3 mi. to Danube Road then south on gravel 1 mi. to 120th St. Property lies on Southeast corner running down to 125th Street. Located in Lincoln NE Township, Section 10, Nodaway Co., Mo.
This farm consists of 204 Acres m/l of gently rolling farm ground with approx. 167.4 acres cropland. At present farm has 113 Acres in row crop production with 46 acres pasture. Property is equipped with some diversion terraces. Improvements include a 46’x28’ barn, one 32’x16’ tin shed with overhang, and other improvements in state of disrepair.
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WATER: Property includes 2 ponds for livestock purposes, stocked with catfish, bass and bluegill.
LEASE AGREEMENT: Farm is currently being rented to Brian McIntyre. New owners will receive one-half of cash rent in December. Payment is $4, 518.50.
TERMS: $20,000 down on day of sale of good faith, NON-REFUNDABLE money entering into contract guarantee clear title, with escrow to be held at the office of Twaddle Realty, Inc., Maryville, Mo., with balance due at closing on Oct. 5, 2010, when full possession will be given.
BUYER’S PREMIUM: A 7% buyer’s premium will be added to the winning bid price to arrive at the total contract price paid by the purchaser. (Example: $100,000 + $7,000 Premium = $107,000 Contract Price.)
AUCTIONEER'S NOTE: If looking for an opportunity to expand your farming operation this property has been in the family for many generations and will sell to the highest bidder. If we can be of any assistance, please don’t hesitate to call auction or realty company.
J.B. and Barbara Hyman, Owners
