Description: Due to the passing of their parents, the Smoot Brothers have decided to offer the family farms for sale at public auction. The sale will be held at the American Legion Hall at 520 East Maple St., Shelbina, MO 63468 on November 16, 2023 at 6:00 p.m. The land is located in two great areas of Shelby County north of Bethel, MO and also northeast of Shelbyville, MO. These farms have been in the Smoot Family for many years and represent some of the most productive cropland, grassland, and hunting land in the entire county. The current tenants have cared for these farms at the highest level for many years with a 50/50 crop share arrangement. This will most likely be the only time that you will see these farms sell during this lifetime as they are quality tracts that anyone would love to have. The farms will be sold using the buyer’s choice method and will be in six tracts consisting of the following:
Tract 4: Consists of 79.9 surveyed acres with approximately 29.05 acres m/l FSA grass acres. Some of the grass acres could be farmed or offer excellent haying or grazing opportunities. The hunting on this tract is some of the best around with the location being in a well-known area for top-notch hunting. Has county road frontage along Shelby 244.
10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. SALE IS NOT CONTINGENT UPON FINANCING. CLOSING TO BE ON OR BEFORE December 29, 2023. 2023 TAXES WILL BE PAID BY SELLER AND 2024 TAXES AND BEYOND WILL BE PAID BY BUYER. TITLE INSURANCE WILL BE PAID BY THE SELLER. CLOSING COSTS AND COST TO CONDUCT CLOSING WILL BE SHARED BY BUYER AND SELLER 50/50. BUYER TO PAY ALL RECORDING FEES. SELLER AND TENANT TO HAVE RIGHT TO HARVEST 2023 CROPS ON PROPERTY. ALL TRACTS WILL BE SOLD AS-IS WITH NO WARRANTIES GIVEN OR IMPLIED. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.