Lafayette County Land Auction

Live & Online Auction

Categories:     Land

Auction Date:

November 18, 2024 | 10:00 am

Auction Location / Nearest City:

Concordia, MO

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Auction Description:

Lafayette County Land Auction
Live and Online Auction
Auction Date/Time: November 18th, 2024 – 10:00am
Location: Meinershagen Rd., Concordia, MO
Directions: 2 Miles South of the Higginsville I-70 Junction, then 1.5 Miles East on Borland Rd., Go North on Blackjack Rd. 1 ½ Mile, Turn East on Meinershagen Rd ¾ of a mile to the property.


Lafayette County Real Estate Info.
Selling one Tract of 159.37 Taxable Acres M/L
View this farm at your leisure when the ground is dry or frozen.


What’s not to like when you drive into the farm lane of the McMullin property just south and east of the Higginsville Junction. Highly fertile ground, located just ½ mile south of I-70 will be offered on Monday, November 18 at 10 A.M., selling on site, at the farm.
When James passed in August, Sharon and the family decided to sell this farm. It represents a highly tillable property with a view in all directions, but particularly South for a home site. This farm lays well and can be farmed with big equipment and big rewards.
We hope you will plan on being with us on the 18th, visit with Sharon, Matt, Ben, and Laura and exercise your options to bid on and buy this great Lafayette County farmland.
Chas and Mike


AUCTION TERMS AND CONDITIONS
Offering: Selling one Tract of 159.37 Taxable Acres M/L
Method of Auction: The farms sells by the acre with 159.37 taxable acres as the multiplier to establish the final selling price. Property sells with the confirmation of the bid price by the seller. This will be a live onsite auction with internet bidding available through WheelerLive. Internet bidders must be preapproved 24 hours prior to the sale.
Tenant/Possession: Possession will be granted when all 2024 crops are harvested. There is no tenant agreement on the farmland for 2025. The current tenant, Brian Hemme, would like to submit a proposal to continue farming the land in the event that a non-farmer or investor purchases the land.
Hunting Rights: A 2024 hunting lease is in effect thru December 2024. There is no hunting lease in place for 2025, however the hunter is interested in leasing from a new owner if that possibility exists.
Contract: Immediately following the conclusion of the land sale, we will write the sale contracts and receive the escrow/earnest money of 10% down payment. Payment check is non-refundable and payable to Truman Title Co, LLC
Closing: Closing on or before Friday, December 20, 2024 at the office of Truman Title Company LLC, 1908 N. Main St., Higginsville, MO 64037 Closer or questions to: Tammy Wegener, 660-358-8044, twegener@trumantitle.com
Taxes: The 2023 taxes were in the amount of $482.02. The 2024 taxes will be paid by the seller and the new buyer will be responsible for the 2025 taxes and beyond.
Utilities: West Central Electric Has a meter on the property at the machine shed.
Water: Rural Water District #2 with a meter on the property at Meinershagen Rd and the driveway.
Schools: The property is in the Concordia R2 School District
Down Payment: Ten percent (10%) nonrefundable down payment the day of auction, upon signing a purchase agreement immediately following the close of bidding. The down payment may be paid in the form of personal check, business check, or cashiers check. The remainder of the purchase price is payable at closing. YOURBIDDING IS NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying the balance at closing.
Title: Sellers shall provide and execute a proper deed conveying the real estate to the buyer(s). Seller to pay for title insurance premium including title search and examination fees. Buyer to pay any lender fees, search premiums, or appraisals necessary to secure buyers funds for closing. Buyer and seller will split the closing costs.
Mineral Rights: The sale shall include 100% of the mineral rights owned by the sellers.
Easements: Utility and water easements as well as Kansas City Southern Railroad easements are in place on the farm.
Acreage/Survey: All acreages are approximate and accurate to the best of our ability using assessors maps, measurements, and legal descriptions. The selling price based on the acreage multipliers is final and no future adjustments in sale price will be granted to either the buyer or seller of said acreage or Tracts. Any need for a survey to close this agreement is at the sole discretion of the Seller. Any need for a survey by the Purchaser, to acquire funding or close this agreement will be paid for by the Purchaser.
Agency: Wheeler Auctions & Real Estate and its representatives are Exclusive Agents for the sellers.
Disclaimer: The property is being sold on an “as is, where is” basis, and no warranty or representation, either express or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting its own independent inspections, investigations, and all due diligence concerning the property and the auction. Information contained in this brochure is subject to verification by all parties relying on it. Diagrams/dimensions in this brochure are approximate. Acreage is estimated. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auctioneer. All decisions of the auctioneer are final. The sellers and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.
New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.


SELLER:
SHARON K. MCMULLIN
FOR MORE INFORMATION:
Mike Williams: 816-797-5450
WHEELER AUCTIONS

Lafayette County Land Auction

Concordia, MO
Concordia, MO

Auction Location / Nearest City:

Concordia, MO

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