Lot # : 7 - TRACT #7 - 161.0 Acres Quality Flat Bottom Land

Online Only Auction
Tract #7
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Time Remaining: Bidding opens in 3d 1h 18m -
Soft Close
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Salisbury, MO 65281
Date(s)
11/8/2024 - 11/13/2024
AUCTIONEER INFORMATION
Catalog
Tract #7
Bidding Notice:

Check photos and descriptions for details. A survey has been completed, as well as a preliminary title search. Please contact Iman Auciton Company if you need these details.

Information
Lot # 7
Group - Category Real Estate - Ag / Farm Land
Lead TRACT #7 - 161.0 Acres Quality Flat Bottom Land
Description
Tract #7: Bidding on price per surveyed acre ** Final bid price will be multiplied by total acres to figure contract price. PLEASE CALL WITH QUESTIONS! 161.0 Acres of quality flat bottom land bordering the Chariton River – This farm is flat and lays very well – 100% of soils consist of Carlow silty clay, farm is levy protected along the Chariton River – Good access all along west border to field road – Survey shows 146.2 acres to river bank- FSA DCP cropland for tracts 7 & 8 are combined at 281.93 acres - Farm is located 2 miles northwest of Caseyville MO, from Hwy 3 take Falcon St 2 miles west to farm – Farm borders tract 7 to the south - Tracts 7 & 8 will be linked together and bidding will continue until bidding has stopped on both tracts - Chariton County, MO: 56N – 16W – 16, 21 ** THIS TRACT WILL CLOSE IN 45 DAYS (2024)
Name MAAG TRUST LAND AUCTION | 782.6 ACRES * 8 TRACTS
Auctioneer
Iman Auction Company
Type Online-Only Auction
Date(s) 11/8/2024 - 11/13/2024
Auction Date/Time Info
BIDDING OPENS NOVEMBER 8TH, 2024 ** CLOSES NOVEMBER 13TH @ 6PM
Preview Date/Time Please be respectful when viewing property and be mindful of the ground and weather conditions. There are some tracts only accessible by ATV or UTV.
Checkout Date/Time We will reach out to begin the process of signing contracts. Please be prepared with the exact name(s) to be listed on the contract. Closing within 45 days or 60 days (Check Tract for closing timeframe) and possession of crop land taking place after the harvest of the 2024 growing crop.
Location
34614 Highway 24
Salisbury, MO 65281
Buyer Premium No Buyer Premium
Description
Tract #1 - One Money for the Tract ** Final bid price will be the contract price. Tracts #2-8: Bidding on price per surveyed acre ** Final bid price will be mulitiplied by total acres to figure contract price. PLEASE CALL WITH QUESTIONS! ____________________________________________ In settling the Leo Maag Trust & Berniece Maag Trust, the family has decided to sell all their highly productive farm ground at auction. Over 1500 acres to be sold in 2 separate sessions in a 3 month period, don't miss this once in a lifetime opportunity to purchase some of the best farmland to be sold in this area in decades. The majority of the farms are nearly 100% tillable w/ great access **THIS IS AN ONLINE ONLY AUCTION** 2nd Session 776.7 Acres in 9 Tracts Closes Feb. 19, 2025 AUCTION & INTERNET TERMS: Buyers must be pre-approved by Iman Auction Company (*Not HiBid*) with a bank letter of credit emailed to sold@imanauction.com or phone call to 660-388-6235 / 660-788-4298 * 10% to be paid down within 48 hours of auction closing * Sells with Trustee's approval * Closing within 45 days or 60 days (See tract listing for details) and possession of crop land taking place after the harvest of the 2024 growing crop * Taxes will be prorated to the date of closing * Title insurance paid for by the Trust * Buyers closing cost from title company is the buyers responsibility * Down payment checks made payable to Harvest and Home Title Co, Keytesville, MO * Certified funds required at closing * A soft close will be used on this auction, if a bid is placed in the closing 2 minutes or less the bidding will extend 2 more minutes - Please call for further explanation if you are unfamiliar with this process * Not responsible for failed internet connections * Bidding early and not at the last second of the auction may allow you a better chance to win the bid * All Tracts have recent surveys & will sold by the surveyed acre with final bid price X acres * Tracts that are linked together (such as 3 & 4) allow bidders extended time to bid on more than 1 tract without those tracts closing - Linked tracts will close at the same time - Not all tracts are linked together - Please call if you do not understand this part of the online bidding process.
AUCTION & INTERNET TERMS: Buyers must be pre-approved by Iman Auction Company (*Not HiBid*) with a bank letter of credit emailed to sold@imanauction.com or phone call to 660-388-6235 / 660-788-4298 * 10% to be paid down within 48 hours of auction closing * Sells with Trustee's approval * Closing within 45 days or 60 days (See Tract Listing for details) and possession of crop land taking place after the harvest of the 2024 growing crop * Taxes will be prorated to the date of closing * Title insurance paid for by the Trust * Buyers closing cost from title company is the buyers responsibility * Down payment checks made payable to Harvest and Home Title Co, Keytesville, MO * Certified funds required at closing * A soft close will be used on this auction, if a bid is placed in the closing 2 minutes or less the bidding will extend 2 more minutes - Please call for further explanation if you are unfamiliar with this process * Not responsible for failed internet connections * Bidding early and not at the last second of the auction may allow you a better chance to win the bid * All Tracts have recent surveys & will sold by the surveyed acre with final bid price X acres * Tracts that are linked together (such as 3 & 4) allow bidders extended time to bid on more than 1 tract without those tracts closing - Linked tracts will close at the same time - Not all tracts are linked together - Please call if you do not understand this part of the online bidding process.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.00 25.00 USD
9,999,999.01 - 9,999,999.99 123.45 USD
Currency USD
Buyer Premium No Buyer Premium
Payment Terms
The auction contract calls for 10% of the total sale price to be put down for earnest money. Down payment can be a personal or business check or wire transfer. Earnest money checks must be made out to the title company whom is handling the title work of the transaction. When the entire auction closes with a successful and winning online bidder, contact will be made by the agent(s) of the auction/real estate company to inform of further instruction for payment and contract execution. Money down must be made out to the title company outlined in the contract. The successful bidder must return a signed and dated contract with the money down to the auction/real estate company within 24 hours of auction close.
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