Wheeler Auctions & Real Estate
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Wheeler Auctions & Real Estate

23101 Highway 24
Paris, MO  65275

Chas V. Wheeler, Owner / Auctioneer

Charlie Nordwald
636-795-4552
Bill Ringhausen
573-754-2254
Mike Williams
816-797-5450
 

Office:  660-327-5890  or  660-327-1806
Fax:  660-327-5380
Email:  auctions@wheelerauctions.com

Auctions & Viewings Completed Auctions Real Estate For Sale

AUCTION  CLOSED

Land Auction, Thursday, February 9, 2012, at 10 A.M., Norborne, Carroll County, MO, 760.40 Acres in Egypt Township
 
  Auction Location
Goppert Community Building
Norborne, Missouri
 
  Location
The farm is located in Sections 20, 28, and 29 of Egypt Township, Carroll County, Missouri.
 
The property is accessed by traveling south from Norborne, Missouri, approximately 1.5 miles on Hwy. 10 to Road 330. Then west on Road 330 1.75 miles to the southeast corner of the property.
 
The property has 1.25 miles of frontage on Road 330. An access lane runs north from Road 330 to a tube crossing on the drainage ditch providing access to the north 232.4 acre field.
 

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  Legal Description
The W1/2 of the SW1/4 of Section 28; All that part of the NW1/4 of Section 28 lying south and west of the water's edge of Drainage Ditch of Norborne Land Drainage District Company, all that part of the E1/2 of Section 29 lying south and east of the right-of-way of the Wabash Railroad and south and west of the main ditch of Norborne Land Drainage District Company: All that part of the W1/2 of Section 29 lying south of the right-of-way of the Wabash Railroad, all that part of the SE1/4 of the SE1/4 of Section 20 lying south of the Norborne Land Drainage District Company; All in Township 52 North, Range 25 West of the 5th PM, Carroll County, Missouri. Subject to public roads and highways.
 
  Note
If the property sells in two or more tracts, the seller will pay for a survey to provide legal descriptions for all tracts.
 
  Real Estate & Drainage Taxes (2011 Taxes)

Description

Assessed Acres

RE Taxes

Norborne Land Drainage

District #13

Section 20 8.30 $ 22.14 $ 0 $ 0
Section 28 159.90 $ 1,017.40 $ 597.52 $ 12.00
Section 29 592.20 $ 3,973.66 $ 2,192.80 $ 42.70
TOTAL 760.40 $ 5,013.20 $ 2,790.32 $ 54.70
   
  FSA Information:  Farm Number: 5784  Tract Number: 5458
Crop Acres: 761.3 Wheat Base: 255.7 acres, CC Yield: 43/43
Corn Base: 160.1 acres, CC Yield: 96/96 Soybean Base: 342.3, CC Yield: 29/29
SOILS: 
 
  Soils
The tract consists of approximately 71.7% Booker silty clay, 27.0% Bremer silty clay loam, with 1.2 % Landes fine sandy loam. The property has
an extensive surface drainage system outleting to the Norborne Land Drainage District which is north east boundary of the property.
 
  Tract 1, 2 & 3 Information
Tract 1 Tract 2 Tract 3
Real Estate Taxes $ 2,341.70 $ 1,991.90 $ 679.60
Drainage Assessment $ 1,317.41 $ 1,125.44 $ 402.17
Crop Acres 348.99 305.71 105.70
Wheat Base 117.35 102.80 35.54
Corn Base 73.48 64.37 22.25
Soybean Base 157.10 137.62 47.50
   
  Terms
SALE PROCEDURE: The property will be sold on a price per acre basis with the per acre bidding: total purchase price per tract being calculated by multiplying the buyer's bid by the acres on the tract(s) purchased. The property is offered in three tracts and sold by choice. The highest bidder will have the option to take Tract 1, Tract 2, Tract 3 or any combination of them for the bid price per acre. If the first highest bidder takes all tracts, the auction is over. Any tracts not purchased by the highest bidder shall be offered separately. Final acreage used for calculating the sale price shall be determined as follows: 1) If all three tracts are sold to the first highest bidder at the first high est bid, the total price shall be based upon the estimated
acreage (760.40) X the per acre bid price. 2) Or, if all three tracts are not sold to the first highest bidder at the first highest bid, the price shall be based upon surveyed acreage for each tract, as reflected in a survey to be provided by the Seller.
MINERALS: All mineral rights owned by the sellers, if any, will be conveyed to the buyers.
CONDITIONS: All property is being sold on an "as-is where is" basis with no warranties or guarantees, expressed or implied, made by the auctioneer, seller or seller's agent. All inspections are the responsibility of the buyers and at the buyer's expense.
POSSESSION: Possession will be granted at closing, on or before March 5, 2012.
EARNEST PAYMENT: A 10% earnest money payment is required on the day of the auction. The earnest money may be made in the form of a check or cash. The earnest funds will be held with the closing agent which will be Moentmann Abstract and Tit le Company. Your bidding and this sale are not subject to buyer financing, so buyer financing must be arranged prior to the auction. If the buyer f ails to close the transaction, the earnest money payment shall be paid to the Seller as liquidated damages, it being agreed that actual damages are difficult, if not impossible, to ascertain.
CONTRACT & TITLE : The sale is subject to all easements, covenants, and restrictions of record. Directly upon the conclusion of the auction, the high bidders will enter into a real estate contract for the purchase, and tender the Earnest Payment for deposit with the closing agent, Moentmann Abstract and Title Company. The seller will provide title insurance from Moentmann Abstract and Title Company at their expense. A copy of the real estate contract will be available for inspection prior to the auction. The title to be conveyed by Seller s hall contain the exceptions listed in a Title Insurance Commitment, which will be available for inspection prior to the auction. The successful bidder shall be deemed to have accepted the terms and conditions set forth in the Real Estate Contract and the title to be conveyed by Seller, with the exceptions noted in the Title Insurance Commitment.
REAL ESTATE TAXES: 2012 real estate taxes will be the responsibility of the buyer.
CLOSING: The closing date for all tracts will be on or before March 5, 2012.
ANNOUNCEMENTS: Property information provided herein was obtained from sources deemed reliable, but the auctioneer, sellers or seller's agent, make no guarantees as to its accuracy. All prospective buyers are responsible for conducting their own independent inspections, investigations, inquires, and due diligence concerning the property. All sketches, dimensions and acreage figures in the information are approximate or "more or less." Property is being sold "as is-where is". Any announcements made the day of the auction will t take precedence over any other printed material or oral statements. Absentee or telephone bids will not be accepted without prior approval of the seller's agent or auctioneer. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. All decisions of the auctioneer and/or seller's agent are final.
AGENCY: Thien Farm Management, Inc., is the agent for the sellers.
 
  Prospectus

Seller
Green Energy II, LLC

 

This sale bill is subject to additions and deletions.
All announcements made day of the sale take precedence over this advertising.
Not responsible for accidents or theft.

 
 
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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