Auction Information
Online Bidding SiteMontgomery County Missouri Land for Sale at Auction June E. Gleeson Trust
Bidding Ends Thursday, April 10th at 10AM.
These 89.82 flat to gently rolling acres are conveniently located on State Route K 10 miles west of Big Spring. The Farm Service Agency figures there to be 82.84 acres of highly productive cropland. The soils consist of Mexico 0 to 2 and Mexico 1 to 4 silt loam along with Armster 2 to 7 silt loam. The balance of the land consist of 2.5 acre lake and waterways. This income generating and recreation farm is easily accessible and only 21 minutes to Hermann, 50 miles to Columbia and Wentzville, and a little over 1 hour from the Chesterfield Valley.
If youre looking to add to your existing farmland portfolio be sure to check out the June E. Gleeson Trust farm. You will not be disappointed.
For more information call or text Mike Meagher (636) 251-4545 or Eric Merchant (636) 251-5105.
Auction Terms & Conditions
1. PROCEDURE: Bidding ends Thursd...
1. PROCEDURE: Bidding ends Thursday, April 10, 2025, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes.
2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price.
3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Friday, April 11, 2025 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to 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 the closing for such reason.
4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
5. BIDDING: Once submitted, a bid cannot be retracted.
6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, May 15, 2025.
7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
10. REAL ESTATE TAXES: The 2025 Real Estate taxes to be paid by the Buyer(s).
11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else 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 are 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. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale
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