Auction Overview & Terms of Sale
This is an Online Only Auction
Green Brothers Land Auction, Albany, MO, Gentry County
229+/- Acres, Prime Row Crop Bottom Farmland, To Be Offered In 2 Tracts
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Auction Overview & Terms
Tract 1, 113+/- Acres
Tract 2, 116+/- Acres
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REGISTATION & BIDDING SITE
Managing Realtor/Auctioneer
Dennis Prussman
Auctioneer's Note:
Premier Land & Auction Group is honored to represent the Green Family in the sale of their family farms located in Gentry County, MO, just NW of Albany. Over the years I’ve advised buyers to purchase the best quality farms when the opportunity presents itself. The Green Brother tracts fit this description. We’ll be offering two tracts at online auction, both located in the fertile river bottom of the Grand River East Fork. These are high quality tracts with quality soils, they're easy to farm with no obstructions, and offer great access. The locals know it's not often that farms sell in this bottom North of 136 HWY. There are no leases extending beyond 2024 meaning the farm is open, a new owner can farm it themselves or lease to a farmer of their choosing. We’ve made arrangements for closing to take place before Spring planting season. Register now and make plans to bid your price. For details, pictures, and video of each tract, browse to Tract 1 and Tract 2.
Property Location All Tracts:
552 Road Albany, MO, 64402 (Gentry County)
Directions All Tracts:
From Albany, West on 136 HWY, North on 552 Road, past the airport
Schools All Tracts:
Albany R-III
Auction Dates All Tracts: Register & Bid Here
Online Only
January 24, 2025, bid opening
January 31, 2025 bid begins closing at 10 am
March 6, 2025 close at the title company
Acreage Totals All Tracts Combined:
229+/- Total Taxed Acres (tax records)
233.17+/- FSA Total Acres (source 156ez)
211.44+/- FSA Tillable Acres (source 156ez)
Viewing All Tracts:
Interested parties are welcome to go look at the farm. Please be respectful if conditions are muddy.
Documents All Tracts:
Click here to access the document folder for aerials, FSA documents, soil maps, etc.
Taxes All Tracts:
Taxes for all tracts combined average approximately $6.00 per acre. Buyer to verify tax amounts.
Utilities All Tracts:
Buyers should conduct their own research in regards to utilities and availability.
Bid Increments All Tracts:
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 $8,000 bid increment is $75 per acre
Starting at $9,000 bid increment is $50 per acre
Starting at $10,000 bid increment is $25 per acre
Starting at $11,000 bid increment is $15 per acre
Starting at $12,000 bid increment is $10 per acre
TERMS & CONDITIONS:
All tracts are open for the 2025 farm season, meaning a new owner can farm it themselves or lease it to a farmer of their choice. Full possession at time of closing, March 6, 2025.
There are no hunting leases on any of the tracts.
Seller and/or current lessee to retain 100% of the 2024 crop proceeds.
This is an online only auction.
January 24, 2025, bid opening
January 31, 2025 bid begins closing at 10 am
March 6, 2025 close at the title company
Bidding will end with a soft closing, meaning that a bid in the final minutes on either tract will extend bidding by approximately 5 minutes on both tracts. The auction will remain open and continue to extend as long as there is active bidding.
Both tracts will be sold based on their legal description, no survey will be provided, and acres are not guaranteed.
The 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.
Tracts will be offered individually. We will NOT offer an option to combine all tracts at the conclusion of the bidding.
Bidders will be required to register and sign terms/conditions before bidding on the auction.
Bidders are required to register 24 hours prior to the bid closing date.
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 (within 10 days) 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 is due at final closing.
Premier Land & Auction Group, Real Broker, LLC must receive a signed copy of the contract (hand delivered, faxed, scanned and emailed, or electronically signed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid.
The farm is offered with a minimum reserve. 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.
BUYER AGENT REPRESENTATION:
Buyer broker/agents are welcome to assist and represent their clients, however, the seller has elected to not compensate a buyer agent.
All purchase agreements will be prepared by the auction company in accordance with the terms of the sale.
Buyer broker/agents that register to bid on behalf of their client must notify the auction company 24 hours in advance of the auction end date and time, and provide the name and qualifications of the client they are representing.
Buyer broker/agent certifies he or she has personally shown and/or represented the subject property to the prospective buyer.
Buyer broker/agent is representing the prospective buyer’s interests as a “Buyer’s Agent” and is not an agent or sub agent of either the Seller or Auctioneers/Selling Broker.
Buyer broker/agent is not authorized to make any representations regarding the property on behalf of either the Seller or Auctioneers/Selling Broker.
Buyer broker/agent is not buying on his/her own behalf, or on the behalf of any business entity in which he/she owns an interest.
Buyer broker/agent and Buyer have reviewed and agree to the terms and conditions. Agent certifies they have provided copies of the terms and conditions to their client.
Upon commencement of the Auction, and in the event the potential buyer becomes the successful bidder, the bidder shall immediately enter into a formal contract to purchase and submit the required earnest money deposit.
No verbal registrations are accepted.
Buyer’s Agent will assist their client in the closing process.
Navigate Between Pages
Auction Overview & Terms
Tract 1, 113+/- Acres
Tract 2, 116+/- Acres
Download Documents
REGISTATION & BIDDING SITE
Managing Realtor/Auctioneer
Dennis Prussman