Darwin L. Steggall Estate

Tract 1 • 2-Story Home

Physical Address:
105 E. Monroe Street
Lancaster, MO 63548

• This tract is improved with a very nice 2 story home that was built in 1992. The home offers 3,274 sq. ft. of living area with 3 bedrooms.
• Oak kitchen cabinets and an attractive open floor plan.
• Kitchenette and bathroom on the second floor.
• Large 2 car garage with storage/office area and a covered deck.
• Situated on a 114ft. x 156ft. lot.
• Access is on the south by Monroe St.

Tract 2 • Office Building & Storage Building

Physical Address:
200 S. Green Street
Lancaster, MO 63548

• This tract is improved with a nice 36ft. x 76ft. commercial office building that is currently home to an Agricultural based US Government agency. New buyer will negotiate any and all future leases.
• There is also a 23ft. x 23ft. addition on the rear of the structure.
• Included with this parcel is a 30ft. x 35ft. storage building that has a 22ft. x 24ft. addition. This structure has an electrical service and a concrete floor.
• This parcel is a highly desirable income producing property.
• Access is on the west by Green St.

Tract 3 • Garage & Office Building

Physical Address:
106 E. Monroe Street
Lancaster, MO 63548

• This tract is improved with a very nice 30ft. x 45ft. garage that includes a bathroom, electrical service and a concrete floor.

• There is an older 20ft. x 60ft. building that has several business or storage possibilities. This structure has electrical service and a concrete floor.

• Access is on the north by Monroe St.

Tract 4 • Building Lot

Physical Address:
Monroe Street
Lancaster, MO 63548

• This attractive open lot offers many possibilities including new home building sites or shop/ storage building construction and much more!

• Located in close proximity to all Lancaster, MO amenities.

• Access is on the north by Monroe St.

Tract 5 • 3.4 Acre Building Lot

Physical Address:
400 N. Linn Street
Lancaster, MO 63548

• This tract offers several very attractive new home buildings sites, one in the northwestern portion and one in the southeastern portion. The parcel has a wooded draw running through the middle of it only adding to the charm of the tract. There is a small gazebo located on the parcel.

• Access is on the west by Linn St. and on the south by W. North St.

Tract 6 • Lease

Physical Address:
498 Lincoln Street
Lancaster, MO 63548

• This tract will include a lease on a storage building that is approximately 40ft. x 50ft. This structure includes a 20ft. x 44ft. open lean to addition, a concrete floor and electrical service. This also includes the land the building is sitting on.

• Said lease is for $375.00 per year with the lease ending on November 10, 2036.

• Please note: There will not be any real estate or physical ownership of the building conveyed.

• Access is on the north by Lincoln St.

The Steggall properties will be sold in numerical order beginning with Tract 1 followed by Tract 2, etc. All tracts will be sold for lump sum total dollar amount. The tracts will not be offered in their entirety at the end of the auction.

Bidding is NOT subject to financing, appraisal or inspection.

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 to Schuyler County Abstract Co., which will hold the money in escrow until closing. Said signing of the real estate sales contracts will be done via DocuSign or via email.

The balance of the purchase price will be due at closing which will take place on or before December 11, 2023 at Schuyler County Abstract Co. Full possession will be given at the time of closing on Tracts 1, 3, 4, 5, & 6. Possession on Tract 2 will be given at the time of closing subject to a lease with the tenants.

The 2023 real estate taxes will be paid by the seller. The 2024 & all subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.  Title company closing costs will be split between the buyer & seller.

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 Merit Auctions pertaining to this property. Real estate is being sold “AS IS”.