Peoples Land Co. | Micham Land Auction

Micham Land Auction - 40± Acres

SOLD - $17,100/Acre

Friday, July 21st at 6pm

Shelby County, Missouri

Auction Highlights

40 acres m/l with 38.57 FSA tillable acres

Auction Information

SOLD!!!

$17,100/acre Grand Total; $684,000

Farm will be sold as 40 acres m/l with 38.57 FSA tillable acres

Farm will be sold as 1 tract consisting of 40 acres m/l.

Peoples Land Co, LLC is honored to offer the Ernestine Micham property for sale at public auction. The sale will be held at the American Legion Hall in Shelbina, MO on July 21, 2023 at 6:00 p.m.

The land represents a once in a lifetime opportunity to purchase one of the most desirable farms in Shelby County. The farm consists of 40 acres m/l with 38.6 FSA open acres making it 97% tillable with blacktop frontage along Highway FF and county road frontage along Shelby 450. The productive soils and location makes this farm one that the potential is endless whether it is a building site or investment opportunity.

The current tenant has cared for this farm at the highest level and farms in this area don’t come for sale often so this is definitely one that you do not want to miss.

Seller: Ernestine Micham

Representing Attorney: John M. Wilcox 401 W. Elm St., Shelbina, MO 63468

Closing and Title Insurance: Monroe County Abstract & Title 229 North Main St., Paris, MO 65275

Property Maps

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 September 1, 2023. 2023 TAXES WILL 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. SELLER AND TENANT TO HAVE RIGHT TO HARVEST 2023 CROPS ON PROPERTY. NEW BUYER WILL BE PAID SECOND HALF OF CASH RENT BY CURRENT TENANT UPON CLOSING. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.