Tract 2 consists of 41+/- acres with nearly all of the acres being in row crop production. The land lays well has gentle topography changes making for easy farming. Tract 2 features class 2 & 3 soils and offers an opportunity to expand a new owners row crop portfolio. The farm is open for 2024 so a new owner can begin planting in early April after closing. Should an investor purchase the farm the current farmer would like to continue farming both tracts if given the opportunity. The farm is located just a few minutes outside of Trenton, MO on Highway Y and offers some incredible building sites. There are several nice homes that have been constructed in the area and with utilities at the road all that is missing is the new home!

Utilities:

Grundy County PWSD #1, 660-359-7123, is the water provider.

There is a water line on State Highway Y and NE 30th Street.

Grundy Electric Cooperative, 800-279-2249, is the electric provider.

There is electricity available on State Highway Y and NE 30th Street.

*Bidders/Buyers please verify all utility information prior to bidding.

Viewing the Property:

Interested parties are welcome to go look at the farm. If it is frozen or dry you are welcome to use a 4-wheeler or side-by-side.

Schools:

Trenton R-IX

Pleasant View R-VI

Taxes:

Tract 1- $81.87

Tract 2-$70.55

Combined 2023 Tax-$152.42

**Buyer to verify tax amounts.

Bidding:

Online Only

March 6, 2024, bid opening

March 13, 2024 bid begins closing at 10 am

April 12, 2024 close at the title company

Bid Increments (all tracts)

Starting at $0 bid increment is $500 per acre

Starting at $3,000 bid increment is $250 per acre

Starting at $4,000 bid increment is $100 per acre

Starting at $5,000 bid increment is $75 per acre

Starting at $6,000 bid increment is $50 per acre

Starting at $7,000 bid increment is $25 per acre

Starting at $10,000 bid increment is $10 per acre

TERMS & CONDITIONS:

All tracts are open for the 2024 farm season, meaning a new owner can farm it him or herself or lease to a farmer of their choosing.

Seller will be responsible for reimbursing any chemical, fertilizer, etc, input costs that have already been applied to the farm. Buyers will not be responsible for this expense.

There are no hunting leases on any of the tracts.

The owner will be surveying off the grain bins and 4+/- acres on the NW corner of Tract 2. This 4+/- acres will NOT be included in the sale or auction and will remain property of the current owner. The acreage amount may slightly adjust up or down depending on the survey results. All bidders acknowledge that after the survey is completed the acreage amounts for tract 2 will be adjusted. If this happens before bidding begins the acreage amounts will be adjusted on the bidding site. If this happens after bidding has concluded a price adjustment will be made in accordance with the final acreage. Seller and Buyer will execute a price amendment to reflect the new acreage and all parties will sign. (Winning Bid Amount Per Acre X Final Surveyed Acreage= New Price Amount).

The seller reserves the right to remove any personal property prior to closing. Any personal property items remaining on the property at the time of closing will become the property of the winning bidder.

This is an online only auction. Tracts will be offered individually, and auctioned in order as they are numbered beginning with tract 1, then tract 2. We will NOT offer an option to combine all tracts at the conclusion of the bidding.

Online bidding opens March 6, 2024.

Online bidding ends March 13, 2024.

Each Tract will end with a soft close, meaning that a bid in the final minute will extend bidding by approximately 5 minutes. The time will continue to extend as long as long as there is active bidding.

Tract 1 will begin ending at approximately 10:00 am.

Tract 2 will begin ending at approximately 10:30 am..

Bidders will be required to register and sign terms/conditions before bidding on the auction.

Bidders are required to register 24-hours prior to the bid closing date.

The successful high bidder, upon completion of the Real Estate Auction, must complete and sign a purchase agreement, and any seller disclosures provided by the seller, and render (within 10 days) 10% of the purchase price (earnest money) as a non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance due at final closing.

Premier Land & Auction Group, Real Broker, LLC must receive a signed copy of the contract (hand delivered, faxed, scanned and emailed, or electronically signed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid.

The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.

This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such a reason. Out of area personal checks must be with the approval of the Auction Company personnel. Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit. Sales are non-contingent; failure to close will result in forfeiture of the earnest money.

Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids.

The property is sold As Is, Where Is and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding.

Sellers and/or the Auction Company do not guarantee acres. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to prospective buyer. Seller shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a proper deed conveying the real estate to the buyer.

New Owners will be granted possession of the property at time of closing subject to existing leases as prescribed by Missouri Law. Premier Land & Auction Group, Real Broker, LLC are exclusive agents of the seller.

Sale shall include all mineral rights owned by the seller if any.

Property is sold based on the legal description.

All information contained in this advertisement and all related advertising materials are subject to the terms and conditions outlined in the purchase agreement.

Under no circumstances shall Bidder have any kind of claim against Premier Land & Auction Group, Real Broker, LLC, the Sellers, or any party if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed.

All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction.

There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied.

Please make all inspections and have financing arranged prior to the end of bidding.