Auction Information
Positively Sells! Custom-Built Home & 40 Acres
Due to the dissolution of our marriage will be selling our custom-built home, machine shed, and acreage at an Internet-Only Auction. Sellers: Steve Angelo and Cheryl Angelo
Bidding Ends May 18th 10am - Opening Bid $500,000.00.
Open House Sunday, April 18th 12 PM (Noon) to 2 PM & Saturday, April 24th 12 PM (Noon) to 2 PM.
Extraordinary ranch home on 40 flat to gently rolling wooded acres located at 31185 Peaceful Ridge Lane, Jonesburg, MO 63351. Home is like new, approximately 5 years old, and of the highest quality. 5 bedrooms, 2 offices, finished walk-out lower level. Heated and insulated 2 -car garage. Heated 40 x 60 machine shed with concrete floor. Like new Hot Tub! Great hunting and recreation with ATV trails. A place to build the lake you have always wanted. 10 minutes from I-70.
For more information call or text Eric Merchant at (314) 541-1218.
iAuction Terms & Conditions
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1. PROCEDURE: Bidding ends Tuesday, May 18, 2021 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All bids placed are by the Lump Sum.
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, Wednesday, May 19, 2021 (hand delivered, faxed, or scanned and emailed). 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. CLOSING: Closing shall be on or before 3:00 PM., Wednesday, June 23, 2021.
6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant.
7. 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).
8. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
9. REAL ESTATE TAXES: The 2021 Real Estate taxes to be prorated to the day of closing.
10. 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.
11. 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.
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