Virtual Online Auction
Sale Date: Thursday, September 28, 2023
Sale Time: 10:00 AM CST
Seller: Sharon Utterback Revocable Trust
Paul Mitchell Young – Trustee
391.9 Surveyed Acres • 7 Tracts
Ranch style home located in Perry, MO – Tract 8
SOLD!
TRACT 1 – $10,500.00/ACRE
TRACT 2 – $10,500.00/ACRE
TRACT 3 – $10,200.00/ACRE
TRACT 4 – $9,100.00/ACRE
TRACT 5 – $12,100.00/ACRE
TRACT 6 – $9,100.00/ACRE
TRACT 7 – $9,100.00/ACRE
TRACT 8 – $222,500.00 LUMP SUM
TOTAL – $4,212,590.00
OPEN HOUSE!
Please Note: The public viewing for the Utterback home (Tract 8) located in Perry, MO will now be:
THURSDAY, SEPTEMBER 21, 2023 • 4:00 – 5:30 P.M.
If you have any questions, please call the office at 833-273-9300.
LOCATION
Tracts 1-4 are located approximately 6 miles southwest of Perry, MO, or approximately 4.7 miles east of Santa Fe, MO on blacktop Hwy D in Section 13 T53N, R8W South Fork Township, Monroe County, MO. From Perry, take Hwy B south approximately 3.4 miles, then stay west onto Hwy D, tracts approximately 2.6 miles ahead on south side of the road. From Santa Fe, take Hwy D east approximately 4.7 miles, tracts ahead on south side of road.
Tracts 5-7 are located approximately 3 miles north of Perry, MO in Section 9 T54N R7W in Salt River Township, Ralls County, MO. From Perry, take Hwy B north approximately 3 miles, tracts ahead on east side of the road. Turn east onto Monroe Trail for approximately 0.3 miles for access to Tract 7.
Tract 8 is located at 304 S. Madison St., Perry MO 63462. From E Main St in Perry, turn south onto Madison St, home is located 3 blocks ahead on the west side of the street.
Farmers and investors – Mark your calendars now to participate in this unprecedented upcoming Ralls & Monroe County, MO land & real estate auction! Tracts 1-3 offer highly desirable tillable cropland with productive Putnam & Mexico soils. Tract 4 offers an attractive home building site that includes an older 2-story country home & several useable outbuildings and features a neat hardwood canopied driveway. Tracts 5-7 offer improved pasture land, attractive recreational acreage & several desirable home building sites. These tracts include hard surface road frontage and are located in close proximity to Mark Twain Lake. Tract 8 features a very nice brick ranch home located in a nice neighborhood in Perry, MO. We urge you to take a look at these tracts that have been in the Utterback family for many, many years!
Don’t miss the “live” Sharon Utterback Trust Personal Property Auction offering a great selection of antiques & collectibles on Saturday, September 16 @ 9:00 A.M.
https://www.auctionzip.com/Listings/3832037.html
Representing Attorney:
Mark S. Wasinger
Wasinger Parham, L.C.
2801 St. Marys
Hannibal, MO 63401
(573) 221-3225
Title Work By:
Accurate Land Title Co.
218 Broadway
Hannibal, MO 63401
(573) 221-1002
Auction Representatives:
Jim Huff (319) 931-9292
John Probasco (641) 856-7355
BIDDING IS NOW LIVE!
AERIAL VIDEO
TRACT INFORMATION
Tract 1 • 97.9 Surveyed Acres
- Tract offers highly productive tillable cropland
- FSA information indicates approximately 87.13 cropland acres
- Soil types include productive Putnam, Mexico & Leonard soils
- Access from the east by Monroe County Rd 689
Tract 2 • 57.6 Surveyed Acres
- Tract offers highly tillable productive cropland with blacktop frontage
- FSA information indicates approximately 53.21 cropland acres
- Soil types include productive Putnam, Mexico & Leonard soils
- Access from the north by Hwy D, or from the east by Monroe County Rd 689
Tract 3 • 72 Surveyed Acres
- Tract offers highly productive tillable cropland with blacktop frontage
- FSA information indicates approximately 60.36 cropland acres
- Soil types include productive Mexico, Putnam & Leonard soils
- Access from the north by Hwy D
Tract 4 • 12.6 Surveyed Acres
- Tract offers a picturesque rural home setting with a 1,983 sq ft 2-story farmhouse built in 1880, several usable older outbuildings and livestock barns
- Tract is further improved with an impressive hedge-row lined canopied private driveway
- Tract offers ideal rural building site with blacktop frontage
- Access from the north by Hwy D
Tract 5 • 42.3 Surveyed Acres
- Tract offers highly-sought after Hwy J frontage just minutes from Mark Twain Lake and is a well-maintained pasture tract with recreational opportunities
- FSA information indicates approximately 33.43 cropland acres currently in pasture
- Soil types include Leonard, Mexico, Gosport & Armstrong
- Access from the west by Hwy J, or from the north by Monroe Trl
Tract 6 • 38.1 Surveyed Acres
- Tract offers well-maintained pastureland with recreational opportunities & several potential building sites near Mark Twain Lake
- FSA information indicates approximately 22.75 cropland acres currently in pasture
- Soil types include Gosport, Armstrong, Mexico & Goss
- Access from the north by Monroe Trl
Tract 7 • 71.4 Surveyed Acres
- Tract offers highly sought-after Hwy J frontage and is a well-maintained pasture tract with recreational opportunities close to Mark Twain Lake
- FSA information indicates approximately 67.6 cropland acres currently in pasture
- Soil types include Gosport, Leonard, Armstrong, Calwoods, Goss & Mexico
- Access from the west by Hwy J
Tract 8 • 304 S. Madison Street • Perry, MO 63462
- Tract includes a very well-maintained 3-bed, 2.5-bath, 2,441 sq ft brick ranch home with a full basement & attached 2-car garage
- Home features an open floor plan, big rooms, spacious kitchen & nice sunroom
- Tract sells with an oversized lot and includes the lot next door, with an older home scheduled to be demolished and removed by the city.
- Access from the east by Madison St
METHOD
A survey has been completed. Tracts 1-7 will be sold on a price per acre basis, based on the completed survey acres. The tracts will sell in three separate lots. First, Tracts 1-4 will be sold via the marketing method of ‘Buyers Choice’, whereas the high bidder can purchase (in any order) any of tracts 1-4. Buyer’s Choice auctioning will continue until all of tracts 1-4 have been elected. Next, Tracts 5-7 will sell via the same method, and auctioning will continue until all of tracts 5-7 have been elected. Last, Tract 8 (house tract in Perry), will sell based on a 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.
TERMS
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 Accurate Land Title Company, 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 October 30, 2023 at Accurate Land Title Company. Possession will be given at the time of closing subject to the removal of the 2023 crop and the current cash rent & pasture rent leases. Farm sells free & clear for the 2024 crop year.
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”.
