Shelbina, MO 63468(Shelby County)

Description: Peoples Land Co, LLC is honored to offer the Marjorie K. Boling Estate property for sale at public auction. The sale will be held at the American Legion Hall in Shelbina, MO on September 1, 2022 at 5:30 p.m. The land tracts (Tracts 1-6) will be offered at the Buyers Choice Method of Auction and then the Residential Tract (Tract 7) will be sold at the end of the auction based on a lump sum amount. These farms present an opportunity for everyone to own a piece of land in a very sought after area in Shelby County, Missouri. The farm provides for all buyers as there is a mix of outstanding tillable acreage, top notch hunting acreage, phenomenal build site opportunities along with the option to purchase a turnkey residence right off of Highway 36. All of these tracts have been cared for at the highest level from the tillable acreage to the well managed hunting tracts. This is one that you will not want to miss as this is a once in a lifetime opportunity for a mix of property that this farm presents.

Tract 1 81.5 Surveyed acres with 76.7 FSA open acres. 95% tillable with wonderful soils and county road frontage along Shelby 424.

Tract 2 83.8 Surveyed acres. All mature timber with a creek running through the property. County road frontage along Shelby 424. This tract is a top notch hunting tract that is hard to find.

Tract 3 41.7 Surveyed acres. All mature timber that offers great hunting and outstanding build sites. Hard to find smaller tract. County road frontage on 2 sides along Shelby 424.

Tract 4 41.7 Surveyed acres with 20.21 FSA open acres. The open acreage offers great income or build site opportunities along with the timber for great hunting as well. Hard to find smaller tract. County road frontage along Shelby 424.

Tract 5 83.2 Surveyed acres with 68.87 FSA open acres. 83% tillable with great soils. Has a grain bin, old barn, beautiful pond, and a wonderful build site as well. County road frontage on 2 sides along Shelby 424.

Tract 6 40.1 Surveyed acres with 40 FSA open acres. Nearly 100% tillable with top soils. Blacktop frontage along Highway A and County road frontage along Shelby 424.

Tract 7 Large home on 2.1 acres right off of Highway 36 along Highway A. This absolutely beautiful home has been well maintained and the location is perfect. It is a one story brick home built in 1986 with approximately 2300 square feet of living space. The house and property offers endless opportunities for the new buyer. Open house will be held on Thursday July 21, 2022 from 4 p.m. to 7 p.m. and Wednesday, August 10 from 4 p.m. to 7 p.m. at the home address of 6483 Highway A, Lentner, MO 63450. Auction company representatives will be available for questions.

NOTE: NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT.

10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. SALE IS NOT CONTINGENT UPON FINANCING. CLOSING TO BE ON OR BEFORE OCTOBER 14, 2022. 2022 TAXES WILL BE PRORATED TO DATE OF CLOSING. TITLE INSURANCE WILL BE PAID BY THE SELLER. CLOSING COSTS AND COST TO CONDUCT CLOSING WILL BE SHARED BY BUYER AND SELLER 50/50. BUYER TO PAY ALL RECORDING FEES. SELLER AND TENANT HAVE RIGHT TO HARVEST 2022 CROPS ON PROPERTY. NEW BUYER WILL BE CREDITED AT CLOSING THE SECOND HALF OF THE CASH RENT. THE AMOUNT WILL BE CALCULATED BY MULTIPLYING $98.69 BY THE AMOUNT OF FSA OPEN ACRES LISTED FOR THE TRACT. ANY DEER STANDS AND BLINDS DO NOT AUTOMATICALLY CONVEY WITH PROPERTY. CURRENT HUNT TENANT IS INTERESTED IN SELLING BLINDS CURRENTLY ON PROPERTY. HOWEVER, IF NOT PURCHASED FROM HUNT TENANT, THEN ALL BLINDS WILL BE REMOVED BY CLOSING DATE. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.

Representing Attorney: John W. Russell

201 W. Summer St., Monroe City, MO 63456

Closing and Title Insurance: Monroe County Abstract & Title

229 North Main St., Paris, MO 65275