Midwest Real Estate & Equipment Specialists.
Paris, Missouri - Monroe County
DESCRIPTION: Peoples Land Co, LLC is honored to offer this outstanding Monroe county farm for sale at public auction. The sale will be held at the Madison Area Community Center located at 115 S. Main St., Madison, MO 65263 on November 12, 2024 at 6:00 P.M. The farm is located approximately 5 miles southwest of Paris, MO along State Highway C. From Highway 24, take Highway C south approximately 4.5 miles to the farm. This farm offers a great opportunity to acquire top notch tillable land that has been cared for at the highest level for many years. The farm is highly productive and neatly terraced to provide the perfect layout as well as has highway frontage for great access. Farms in this area and of this quality are hard to come by especially providing large contiguous tillable fields. The current owner would be willing to cash rent back the tillable acres on a minimum two year contract for $275 per FSA tillable acre. The farm will be sold using the buyer’s choice method and will be in two tracts consisting of the following and possibly will be offered as one tract in its entirety.
TRACT INFO: Tract 1: Consists of 122.3 surveyed acres with 104.26 FSA tillable acres m/l (Final FSA acres TBD by Farm Service Agency) making it 86% tillable. Has highway frontage along State Highway C. Soil types consist of productive Mexico, Leonard, and Armstrong soils. This tract also has 0.87 acres of CRP paying $164.00 annually and expires 9-30-2026.
Tract 2: Consists of 119.9 surveyed acres with 111.39 FSA tillable acres m/l (Final FSA acres TBD by Farm Service Agency) making it 93% tillable. Has highway frontage along State Highway C. Soil types consist of productive Mexico, Leonard, and Armstrong soils.
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 December 17, 2024
TAXES TO BE prorated to 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 2024 CROPS ON PROPERTY.
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.