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| Tract 1: 78 Acres +/- with frontage on Trail Road, all open and tillable except for several wooded draws and a stock pond with wooded edges. The Tract is currently used for crop production and also has excellent hunting for deer, turkey or pheasant. |
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| Tract 2: 80 Acres +/- that corner at the junction of Trail Road and State Hwy. DD. The Tract is all tillable except for wooded draws and a small pond. |
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| Tract 3: 126 Acres +/- that front on State Hwy. DD. All open and tillable except for wooded draws and fence rows. |
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| All three tracts have excellent wildlife and all have great cash rent income. |
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| NOTE: The property will be offered in individual tracts on a choice basis. |
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CASH RENT: A 2010 cash rent contract is available from the previous tenant and is equivalent to $100 per acre times 240 acres for a total of $24,000. If the new buyer wishes to continue this arrangement they will receive the entire 2010 rent payment on March 5, 2010. These arrangements are based on a single purchaser buying the entire farm. Any purchases less than the whole will have to be negotiated with the tenant.
If the purchaser desires to farm the property themselves or to negotiate with another tenant, the 2010 farmland possession will be given at closing. |
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| HUNTING LEASE: 2010 Hunting lease is available to the buyer is they wish to continue this arrangement they will receive the 2010 payment of $2,000 on March 5, 2010. This arrangement is based on a single purchaser buying the entire farm. Any purchases less than the whole will have to be negotiated with the party having the hunting lease. |
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| PUBLIC WATER: Public Water is available, for more information on cost and hookup call Public Water Supply District No.1 of Sullivan County in Milan at 660-265-4811. |
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TERMS: 10% down sale day with balance and possession at closing. The seller will furnish title insurance and if necessary the seller will pay for a survey.
The title company is Tri-County Land Title Services, 122 Prairie St.- Whiteside, MO, 573-485-2213. |
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Wheeler Auctions & Real Estate are happy to have
RP Land Company assisting with this auction.
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