Midwest Real Estate & Equipment Specialists.
Midwest Real Estate & Equipment Specialists.
Near Shelbyville, MO in Shelby County
Phenomenal tillable land
SOLD! $5,800/Acre
Farm is 103.4 acres (Final surveyed acres) with approximately 66.7 FSA tillable acres and 11.99 FSA acres currently enrolled in CRP. The current CRP contract is paying $1,861 annually and is set to expire 9-30-2026
Description: With life taking her in a different direction, Deborah Teeples has decided to offer the rest of her farm for sale. Peoples Land Co, LLC is honored to bring you for sale at public auction a phenomenal tillable, CRP, and hunting tract in a great location. The sale will be held at the American Legion Hall in Shelbina, MO on December 8, 2022 at 5:30 p.m. This farm is located approximately 4 miles Northeast of Shelbyville, MO on Shelby County Road 255. The farm is approximately 77% tillable with county road frontage and offers great income with outstanding hunting as well. This is an opportunity to own a Shelby County tract that has been in the same family for 35 years and is great tillable, productive soils, great access, and has been cared for at the highest level. The current tenants have farmed this land for many years and have cared for it as if it were their own. This is a once in a lifetime opportunity as land in this area does not come up for sale often.
Seller: Deborah Teeples
Closing and Title Insurance: Monroe County Abstract & Title - 229 North Main St. Paris, MO 65275
10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. SALE IS NOT CONTINGENT UPON FINANCING. CLOSING TO BE ON OR BEFORE JANUARY 12, 2023. 2022 TAXES WILL BE PAID BY SELLER AND 2023 TAXES 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 HAVE RIGHT TO HARVEST 2022 CROPS ON PROPERTY. BUYER TO HAVE FARMING RIGHTS UPON CLOSING. BUYER TO ASSUME AND COMPLY WITH ALL CRP CONTRACTS. ALL DEER BLINDS TO CONVEY TO BUYER UPON CLOSING. ALL BOUNDARIES ON MAPS ARE THOUGHT TO BE ACCURATE BUT ARE NOT EXACT. PRELIMINARY TITLE COMMITMENT HAS BEEN COMPLETED, PLEASE CONTACT AUCTION COMPANY FOR A COPY. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.
Closing and Title Insurance: Monroe County Abstract & Title - 229 North Main St. Paris, MO 65275
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