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Great opportunity to own highly productive Missouri Delta farmland located in Butler County, MO just a few miles southeast of Poplar Bluff, MO on HWY 53. This 116+/- acre tillable tract (113.41 FSA cropland acres) is currently in crop production. Approximately 35-40 acres of this tract are graded and gravity flow irrigated by a well and pump in place. A large portion of the remaining acres could be improved for irrigation. The farm has great access with over one-half mile frontage on HWY 53.
116 +/-
Online Auction Terms & Conditions
1. PROCEDURE: Bidding will begin on Monday, January 2nd, 2023, at 12:00 pm NOON (CST) and will end on Monday, January 16th, 2023, at 5:00 pm (CST). This online auction will be a soft close, which means that a bid in the final minute will extend bidding by 5 additional minutes. This is an auction of 116 +/- acres of farmland located in Butler County, Missouri selling in gross dollars.
2. ACCEPTANCE OF BID PRICES: Once accepted, this agreement shall be binding on the parties and their successors and assigns. The winning bidder will enter a purchase contract immediately upon being declared the winning Bidder by the Auctioneer. Upon conclusion of the auction, the winning bidder will be sent an email that contains a purchase contract. Legacy Farm and Land Specialist, LLC must receive a signed copy of the contract on or before 12:00 NOON, January 17th, 2023. Contract can be delivered in-person, by fax, or email. The Seller reserves the right to reject any and all bids. This agreement is not subject to inspections, financing, other contingencies, or any delays to the closing for such reason.
3. AS-IS: Real Estate is being sold As Is, Where Is with no expressed or implied warranties. Please have financing arranged and make all inspections prior to the end of bidding.
4. BIDDING: Once a bid is submitted, a bid cannot be retracted.
5. CLOSING: Closing shall be on or before 5:00pm (CST) Thursday, February 14, 2023.
6. POSSESSION: Possession will be given at closing.
7. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s 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. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Checks (Business or Personal) or Wires will be accepted.
9. REAL ESTATE TAXES: Buyer will pay 2023 real estate taxes. All prior years taxes are paid.
10. Bidder shall not have any kind of claim against Legacy Farm and Land Specialist, LLC, or anyone else if the bidder experiences any technical difficulties, before or during the auction. No exceptions.
11. The information contained herein is believed to be accurate; but no liability for its accuracy, errors or omissions is assumed by the seller. Buyers should perform due diligence to their satisfaction. All lines are drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to this property.
