Lincoln County Missouri Land for Sale at Auction – Peek Farm

Lincoln County Missouri Land for Sale at Auction – Peek Farm Preview Day Saturday, March 8th 11AM to Noon. Bidding Ends Thursday, March 20th at 10AM. 3% Commission to Buyer’s Agent! This 101.03± acre property offered in 2 tracts is located in Lincoln County near Elsberry. The Farm Service Agency figures there to be 79.16 acres of productive cropland. The soils consist mostly of Keswick & Haymond silt loam boasting an annual cash rent of $10,000 in recent years. The farm sells free and clear a tenant for the 2025 crop season. The Upper Sandy Creek flows along the western / southern boundary. The property offers a variety of uses for farming, recreation, hunting and great build sites for your future home. Multiple access points: Tract 1 is accessed by Pebble Creek Dr. and Tract 2 is accessed by Chillcut Ln. Elsberry Schools. No restrictions. For more information call or text Joe Ogden (636) 358-3567. Tract 1: 47.54± mostly tillable acres with a great build site and electric at Pebble Creek Dr. The Farm Service Agency figures 38.14 acres of productive cropland. Upper Sandy Creek flows along the wooded edges on the southern boundary. Hunting & Recreation. No restrictions. Tract 2: 53.49± mostly tillable acres with a great build site. This tract is accessed by Chillcut Ln. The Farm Service Agency figures 41.02 acres of productive cropland. Upper Sandy Creek flows along the western boundary. Hunting & Recreation. No Restrictions. Auction Terms & Conditions 1. PROCEDURE: Bidding ends Thursday, March 20, 2025, 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: 10% 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, March 21, 2025 (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, April 24, 2025. 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 2025 Real Estate taxes to be paid by the Buyer(s). 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.