Durham, MO 63438(Lewis County)

Land represents nearly 100% tillable cropland

Several terraces in place

Remainder of the acres are timber which would provide hunting opportunities

Potential building locations with utilities present including rural water

Improved with a grain bin and bulk bin

Access from the southeast corner on 252nd avenue

Tract 2 - 7.5 acres (subject to survey)

Land represents highly productive tillable cropland

FSA records should indicate approximately 7.5 cropland acres

Soil type is Westerville

NCCPI Rating: 84

Potential building locations with utilities present

Access from the west off Magnolia Ave/County Rd 293

METHOD & TERMS

The Schmidt farm will be sold on a price per acre basis, based on surveyed acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to Oak Hills Title Company, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before December 19th, 2025, at Oak Hills Title Company.

The seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2025 real estate taxes. Farm will sell free and clear for the 2026 crop year, no current leases in place.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS.

Closing & Title Work:

Oak Hills Title Company

309 Lewis St, Canton, MO 63435 | (573) 288-4462

Auction Managers:

Louie Zinn (319) 795-2314

Dan Sullivan