Peoples Land Co. | Major Knox Co. Land Auction - 438.3 Acres Offered in 3 Tracts

Major Knox Co. Land Auction - 438.3 Acres Offered in 3 Tracts

SOLD - $3,352,760.00

Friday, December 2nd at 6pm

Held at the Knox Co. Community Center - Edina, MO

Auction Highlights

SOLD! - Average: $7650/acre

Auction Information

SOLD!

Tract 1: $11,500/acre

Tract 2: $4350/acre

Tract 3: $6250/acre

Total on 438.3 acres: $3,352,760

Average: $7650/acre

The Jeff and Leah Otto trust auction will be held December 2nd, at 6 pm in the Knox County Community Center, in Edina. This auction represents a great balance of outstanding tillable acreage, along with some very well-maintained pasture. The farms are located just southwest of Novelty, Missouri in Knox County.

Tract 1 is 160.3 surveyed acres of some of the best tillable land in Northeast Missouri. A road on two sides, terraced and very well maintained. FSA figures indicate 145.06 open acres. Buyer will receive two deeds at closing. A warrant deed for 157.3 acres and a quitclaim deed for 3 acres.

Tract 2 is 120.1 surveyed acres of pasture with wooded draws. The pasture is very well maintained with Black Creek through the property. This property would make not only an outstanding livestock farm, but a great hunting farm with opportunities for large food plots and habitat.

Tract 3 is 157.9 surveyed acres that offers a great combination of tillable and pasture for the investor and farmer that raises both grain and livestock. FSA acres indicate 81.12 open acres. Buyer will receive two deeds at closing. A warrant deed for 154.9 acres and a quitclaim deed for 3 acres.

These tracts will be offered at the Buyers Choice Method with online bidding available on ProxiBid. Title Work will be done by American Title in Macon. Closing will be held on or before January 20th in Macon, Missouri. This farm will sell free and clear for the 2023 crop year.

The farm is a part of a wind energy lease agreement held by Cordelio Power. For more information on this lease agreement and a copy of the agreement, please contact the auction company.

Jeff and Leah made their home and raised their family in this tight knit community, putting their whole selves into their family and land. The farm represents a lifetime of dedication to both. This is the opportunity for both Farmer’s and Investors to purchase tracts of land that have not hit the market in several decades. These are farms that have been cared for and will flat produce.

Representing Attorney: John Russell, Monroe City

Contact Anthony Peoples for More Info: 660.651.6501