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Farm
Machinery · Construction Equipment · Real Estate
Farms · Agricultural Property · Recreational Land · Estate
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AUCTION
CLOSED
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AUCTION
LOCATION:
Marceline
VFW Hall - Main Street (Business Hwy. 5)
Marceline, MO
PROPERTY
LOCATION:
On
Hwy. WW just 1/2 mile east of Hwy. 5 at
Marceline, MO
WATCH
FOR SIGNS ON PROPERTY
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PRE-AUCTION
PROPERTY VIEWING:
Sunday
- March 7, 2010, from 2:00pm to 4:00pm
An
auction representative will be available at
Tract 1 to answer your questions about the
property or the auction method.
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REAL
ESTATE
423 Acres +/- offered in 6 Tracts |
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342.27 ACRES of REAL ESTATE in 5 TRACTS
Tracts 1 to 5 have a total acreage of 340 acres
and all lies at the east edge of Marceline, MO
on Hwy. WW just 1/2 mile east of Hwy. 5 in Twp
57N, R18W, Sections 27 and 28 in Linn County.
There is a
total of 290.6 acres currently enrolled in CRP
on Tracts 1 to 5 at $55.00 per acre for a total
annual payment of $15,983.00 that expires
9-30-2010. The new buyers will receive the 2010
payment on a pro-rated basis as determined by
the acres enrolled on each tract. This process
will be done by the Linn County FSA Office after
the land is sold and closed.
The mineral rights
have been deeded off Tracts 1 to 5 and are not
to be considered as a part of this transaction.
A new survey has been commissioned and paid for
by the sellers on all 6 Tracts. We will adjust
the final acreage amounts to reflect the exact
acreage determined by the survey when it is
completed.
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Has
40.43 acres and has frontage on Hwy. WW. It will be
accessed by a shared driveway in the southeast
corner of the tract. This tract is just 1/2 mile
east of Hwy. 5 and is primarily open and in CRP.
It over looks a beautiful lake to the west and
has some great building sites.
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Has
39.05 acres and frontage on Hwy. WW on the south
side and frontage on Linn County Road Mimosa on
the east side. It will have access to Hwy. WW
through a shared driveway in the southeast
corner of the tract. This tract is primarily all
open and currently in CRP. It is gently rolling
and has a nice size pond that is well stocked.
There are several good building sites on this
tract.
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The
largest of the 5 tracts. This tract consists of
104.98 acres that fronts on Linn County Road Mimosa
to the east. This tract is basically all open
and currently enrolled in the CRP program. It is
gently rolling with some wooded draws coming in
on the north side. This tract has some beautiful
building sites and just enough woods to provide
some cover for deer and turkey.
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Has
81.72 acres that lies just north of Tract 3 and
east of Tract 5 with frontage on Linn County
Road Mimosa Drive. This tract is enrolled in CRP
and it has a wooded draw on that runs from the
southwest corner in a northerly direction that
will provide some great habitat for deer and
turkey.
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Has
76.09 acres that lies at the end of Minor Road
which is a mile north of Hwy. WW on Mimosa Road.
This tract is gently rolling and enrolled in
CRP. This tract has a lot of privacy with a
wooded draw on the east side and in the
southeast corner that provides cover for the
native wildlife. Tract 5 has a beautiful view of
the large lake just to the west.
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All
five Tracts 1 to 5 lie in one location and make
a great opportunity for anyone who wants to buy
a beautiful piece of property in the country and
yet have access to the city of Marceline and
blacktop roads just minutes away. These tracts
offer a chance for someone to expand their
current row crop or cattle operation.
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Public
Rural Water is available
at both property locations through the Public
Water Rural District No. 3 - 814 W. Helm
Brookfield, Missouri Call 660-258-5606 - Please
call the Water District for details.
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Mineral
Rights: The
mineral rights on Tracts 1 to 5 were conveyed in
a deed dated November 7, 1988 to the Prospect
Company, a Delaware Corporation, and are not to
be considered as part of this property.
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We
will be using Multi-Par, the
computer-enhanced method of selling real
estate, to sell the Ostmann property.
This process gives the bidders the
opportunity to bid on individual tracts
of property, combinations of tracts or
the entire offering any time throughout
the course of the auction.
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PROPERTY
LOCATION for TRACT 6:
From
Browning, MO take Hwy. MM west 4.6 miles to Linn
County Road Delta Drive, turn left and go south
3/4 mile to the junction of Delta Drive and Doe
Drive, turn left and go to the first place on
the right. (Basically just across the road from
the junction of Delta and Doe Drives)
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Has
81.08 acres located in Twp 60N, R 2W and Section
15 in Linn County. This tract has 45.7 acres
enrolled in CRP at $53.52 per acre for a total
annual payment of $2,446.00, this contract
expires on 9-30-2012. This tract has frontage on
Doe Drive, it is about half open ridge tops and
the other half is covered with mature wooded
draws and fence rows. This tract really provides
some peace and tranquility with lots of good
building sites and plenty of incredible hunting.
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There
will be a clause in the contract that will bind
the new buyer(s) to the current CRP contracts.
Since the seller
is giving all the 2010 CRP payment to the new
buyer(s), the new buyer(s) will be responsible
for the 2010 property taxes.
The
trustees are selling this property in order to
make cash distributions to the beneficiaries and
are very motivated to sell the property. However
the land will be sold with the right of the
seller's confirmation of the final bid.
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TERMS:
Terms will be 10% of the final approved bid
price paid on the day of the auction and the
balance and possession in 30 days. The sellers
will provide a title commitment and pay for the
title insurance.
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SELLERS
WILFRED H. &
LUCILLE OSTMANN TRUST
Wilfred C. Ostmann, Trustee
and Sharon Krause, Trustee |
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This
list is subject to additions
and deletions.
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Not
responsible for accidents or
theft.
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For
more information Call
Charlie
Nordwald 636-795-4552 |
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All
announcements made day of
the sale take precedence over this advertising.
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Wheeler
Auctions & Real Estate,
23101 Highway 24,
Paris, MO 65275
Office: 660-327-5890 or
660-327-1806,
Fax: 660-327-5380,
Email: auctions@wheelerauctions.com
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