Status: Sold
Final price negotiated post auction.
27 Regsitered Bidders
95 Total Bids Submitted
Bidders from MO, NY, CO, TX, KY, MN, VA, IL, NE, MA, KS
Online Auction
153+/- Acres, Prime Missouri River Bottom Farmland Plus 44,000 Bushel Grain Storage
Auction Manager/Realtor
Dennis Prussman
dennis.prussman@gmail.com
Location:
SW State Route KK, Rushville, MO, 64484
County: Buchanan
School District: Buchanan County R-IV
Directions:
From St. Joseph, MO, South on HWY 59, West on KK at Halls
Acres:
153.2+/- Surveyed Acres (survey available in the document folder)
147.89 FSA Total Acres (source ez156 available in the document folder)
147.01 FSA Cropland Acres (source ez156 available in the document folder)
149+/- in Row Crop Production (source seller)
You'll be bidding on 153 Acres.
Documents:
Click here to access the document folder for Aerials, FSA Documents, Survey, Legal, Yield Reports, Soil Samples, and more.
Taxes:
Property Taxes 2023 - $535.50
Halls Levee District Tax 2023 - $597.76
Taxes to be verified by the buyer.
Utilities:
Buchanan County PWSD #1 is the water provider.
There is a water line on Route KK, south-east of the property.
Evergy, 888-471-5275 is the electric provider.
There is electricity available on Route KK, south-east of the property.
Buyer to verify utilities.
Features:
Prime Missouri River Bottom Farmland
97% Tillable
153.2 Surveyed Acres
Federal Levee Protected (the Halls Levee)
82 Bushel Yield Soybeans in 2023
Mostly Class I & II Soils
Two 22K+/- Bushel Brock Grain Bins (Excellent)
Farm Is Be Open for the 2024 Farm Season
For Investors, Seller is Offering to Rent Back 149 Acres at $385/acre for 3-years (an example of the lease is available upon request)
220lbs. Per Acre of Anhydrous Applied in December 2023
No History of Flooding Past 70+/- Years
Grain bin details:
Two 22K+/- Bushel Brock Grain Bins will be empty at time of closing. In 2022 the owner replaced all electrical wiring, fuse panels, load out augers, & lights. Also in 2022, gravel was added to the drive and parking area around bins. The bin interiors have grain spreaders and sweep augers.
Federal Levee:
The property is protected by a federal levee on its West side with a federal substation to pump runoff from the site via the drainage ditches.
Property details:
Don't miss this opportunity to own premium grade Missouri River bottom farmland located in Buchanan County, MO. The farm offers 153.2 surveyed acres, of which 149+/- acres are in row crop production with crops typically rotated corn and soybeans. The soil classifications are mostly I & II. In 2023 the soybean yield was an amazing 82 bushel per acre. The farm is open for the 2024 farm season, meaning the new owner will have the option of farming it him or herself, or leasing it to a new farmer. Alternatively, should an investor purchase the property, the seller is offering to lease-back 149 cropland acres at a rate of $385 per acre for a period of three years. An example of the row crop lease is available upon request, text or email Dennis. The farm is protected by the Halls Levee (a federal levee). The owner shared with me, their crop insurance agent who is a lifelong resident of the area has no recollection of flooding on this farm.
Bidding, Register & Bid Here:
Online only
February 23, 2024, online bidding opens at 10am
March 1, 2024, bidding begins closing at 10am
April 3, 2024, close at the title company
Viewing the Property:
Interested parties are welcome to go walk the farm, please call or text Dennis in advance. Seller respectfully request you do not drive any motorized vehicles on the farm since anhydrous has already been applied. The roads on the North, East, and West are gravel. The road on the south is dirt.
Bid Increments:
Starting at $0 bid increment is $500 per acre
Starting at $5,000 bid increment is $250 per acre
Starting at $6,000 bid increment is $100 per acre
Starting at $7,000 bid increment is $75 per acre
Starting at $8,000 bid increment is $50 per acre
Starting at $9,000 bid increment is $25 per acre
Auction Terms & Conditions:
Farm is open for the 2024 growing season.
Should an investor purchase the property, the seller is offering to lease-back 149 cropland acres at a rate of $385 per acre for a period of three years.
There are no existing farming or hunting leases on the farm.
Grain bins will be empty at time of closing.
Winning bidder to receive full possession at time of closing.
This is an online only auction.
February 23, 2024, online bidding opens at 10am
March 1, 2024, bidding begins closing at 10am
April 3, 2024, close at the title company
Auction will end with a soft close, meaning that a bid in the final minute will extend bidding by approximately 5 minutes. The auction will remain open and continue to extend as long as there is active bidding.
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.
Bids placed will be on a per acre basis (your bid times the total acres).
Bidders will be required to register and sign terms/conditions before bidding on the auction.
Bidders are required to register 24-hours prior to bid closing.
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 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, or scanned and emailed) 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 Owner’s 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.
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