Hannibal, MO 63401(Marion County)

The farm contains 206.52 surveyed acres and will be sold in 6 tracts. Farm represents productive tillable cropland, pasture ground, outstanding Northern Missouri Whitetail Deer, and Wild Turkey hunting acreage. This is a great income producing farm with excellent development opportunities. Being located just west of Hannibal, MO, the farm is located less than 3 miles from the Hannibal Regional Hospital and less than a mile from the Norwoods Golf Club.

TRACT INFORMATION

Tract 1 6.98 Surveyed Acres

FSA records indicate 6.43 cropland acres

NCCPI Overall Rating: 78.5

Soil type includes Menfro

Land represents productive tillable cropland and black top frontage to the north and west

Access along the north from Co. Rd. 418 and west from Co. Rd. 431

Tract 2 11.16 Surveyed Acres

Acreage represents fenced pasture land

Access along the west from Co. Rd. 431

Tract 3 41.25 Surveyed Acres

FSA records indicate 35.88 cropland acres

NCCPI Overall Rating: 78.9

Soil types include Winfield, Belknap, Cedargap, and Menfro

Land represents productive tillable cropland and black top frontage along the west

Access along the west from Co. Rd. 431

Tract 4 56.67 Surveyed Acres

FSA records indicate 32.22 cropland acres

NCCPI Overall Rating: 78.8

Soil types include Winfield, Belknap, Cedargap, and Menfro

Land represents productive tillable cropland and fenced pasture ground

Improved with small fenced pond area with pavilion and floating dock, as well as multiple barns and outbuildings

Access along the north from Co. Rd. 418

NOTE: House will NOT sell

Tract 5 27.20 Surveyed Acres

FSA records indicate 21.93 cropland acres

NCCPI Overall Rating: 76.2

Soil types include Menfro, Belknap, & Winfield

Land represents productive tillable cropland

Access along the north from Co. Rd. 418

Tract 6 63.26 Surveyed Acres

Acreage represents fenced pasture land

Excellent hunting and development opportunities

Access along the south from Nez Perce Rd.

METHOD & TERMS

The Atkins farm will be sold on a price per acre basis, based on surveyed acres. All 6 tracts will be offered through the marketing method of Buyer's 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 Buyer's 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 winning bidder(s) 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 Accurate Land Title Co., 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 November 24, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes, which will be prorated to the date of closing. Buyer(s) will be responsible for all subsequent real estate taxes. Open lease for 2024 crop year and beyond. No hunting lease in place. Possession at closing, subject to removal of crops by the current tenant.

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, LLC pertaining to this property. Real estate is being sold AS IS.

Sullivan Auctioneers, LLC allow our sellers to accept or reject any and all bids on the real estate.

Donald P. & Ann C. Atkins Trust - Seller

Closing Agent:

Accurate Land Title Co.

218 Broadway, Hannibal, MO 63401 | (573) 221-1002

Representing Attorney:

John Briscoe | Briscoe & Brannon

423 Main St., New London, MO 63459 | (573) 985-3411

Auction Manager:

Steve Zeiger (573) 231-9802