Tract 1 of the Karen Black Land Auction

Lot Number:Tract 1
Completed
Start Time:9/10/2024 11:00:00 PM
Bid Count:14
Winning Bidder:j****w
Starting Bid:$5,000.00/Acre
Bid Increment:$100.00
Current Bid:$8,500.00/Acre x 160 Acres= $8,500.00
160 Acres
Bidding complete

Tract One is a highly productive 160-acre tillable farm located in Monroe County, Missouri. According to the Farm Service Agency (FSA), 152.56 of these acres are tillable, providing ample space for diverse crop cultivation. The land features predominantly Putnam soil types, known for their excellent fertility and high yield potential.

This family-owned farm has been meticulously cared for over the decades, ensuring its soils remain in top condition. The property benefits from road access on two sides, enhancing its accessibility for farming operations. This farm has a prime location and outstanding soil quality making it a valuable addition to any agricultural investor’s portfolio or a perfect expansion opportunity for existing farming operations. This farm represents a rare chance to acquire a well-maintained piece of agricultural land with a history of excellent care and productivity.  

There are no bids for the lot at this time

No donations for this lot

Located in Ralls and Monroe County, these farms have been in the Black family for years, making the decision to sell a difficult one. This history of ownership underscores the rarity and value of this opportunity, offering outstanding farmland that has been meticulously cared for over the decades. The auction will be conducted using the Buyer’s Choice method, allowing bidders the flexibility to choose their preferred tract.

Title work and closing will be handled by Monroe County Abstract and Title, ensuring a smooth and professional transaction process. For more details and to stay updated on the auction, please watch the Peoples Land Company website. Don’t miss out on this unique chance to acquire exceptional farmland with a rich heritage. For more information, contact auction managers Jason Liter (573-248-8610) or Anthony Peoples (660-651-6501).

 

TERMS & CONDITIONS
10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. 
 SALE IS NOT CONTINGENT UPON FINANCING. 
 
CLOSING TO BE ON or before October 31, 2024
 
TAXES TO BE Prorated to date of closing
 
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.   
 
ALL TRACTS WILL BE SOLD AS-IS WITH NO WARRANTIES GIVEN OR IMPLIED.  
 
ALL MAPPING LINES AND BOUNDARIES ARE THOUGHT TO BE ACCURATE BUT ARE NOT EXACT. 
 
ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING. 
CURRENT TENANT HAVE RIGHTS TO HARVEST THEIR CROPS. POSSESSION WILL BE
TAKEN AFTER THOSE CROPS HAVE BEEN HARVESTED.
Missouri
United States