Preview Day Saturday, November 9th 9AM to 11AM.
Bidding Ends Thursday, November 21st at 10AM.
Just outside of La Grange is this highly productive row crop farm. Farm offers some of the best soils in Lewis County. Approximately 15 minutes from Quincy. This farm has something for everyone with the Blacktop frontage, build sites, 1± acre lake, and great tillable.
For more information call or text Mike Sharpe (573) 721-0944.
Tract 1: 35.3 acres with Highway C frontage on the South border, Oleander Avenue on the East side and 31.12 Tillable FSA Acres. Soils are mostly Kilwinning and Armstrong. Electric and Rural Water along the South and East borders.
Tract 2: 67.2 acres - over 95% tillable tract with nearly all Putnam and Kilwinning Silt Loams. FSA indicates 64.59 tillable acres. Soils are nearly all Putnam and Kilwinning. A spectacular tillable tract. One of the better ones in the county without question. Electric and Rural Water along the East border.
Tract 3: 42.7 acres - great tillable tract with 40.46 FSA tillable acres. This farm is over 95% tillable. Soils include Putnam and Kilwinning. Another great tillable tract! Electric and Rural Water along the East border.
Tract 4: 25.2 acres - excellent build site with 15.88 FSA acres plus some additional open acreage. Great spot to build overlooking the 1+ acre lake. Electric and Rural Water along the East border.
Auction Terms & Conditions
1. Procedure: Bidding ends Thursday, November 21, 2024, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract.
2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price.
3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Friday, November 22, 2024 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.
4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
5. BIDDING: Once submitted, a bid cannot be retracted.
6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, December 26, 2024.
7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
10. REAL ESTATE TAXES: The 2024 Real Estate taxes to be paid by the Sellers.
11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are 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. 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. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.