Pennington Heirs Land Auction

Real Estate

Location: Enyeart Auction Center, Keytesville, MO

10 a.m. Friday, May 29th, 2020
247 Acres, m/l Hunting Land/CRP 4 Acres, m/l Building Site
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Auction Conducted "outside" on the West side of Enyeart Auction Center.  Please adhere to Covid-19 guidelines.

Selling 2-Tracts of Chariton County Land

(Formerly known as the Jean Pennington Land)

Tract #1: 247 Acres, m/l:  This tracts consists of over 75% Timber/woodland; 56 Acres in CRP, expiring in 2022 with annual payments of $5,785. (Pro-rated payment for 2020).  Buyers will enter into CRP contract with USDA upon closing.  Outstanding Hunting/Recreational tract located in the Rockford Hills area in Southern Chariton County; an area known for outstanding populations of Deer, Turkey, and other small game. Located in Sections 27 & 34,Township 53, Range 18.  Located west of Bill Bass Avenue, approximately 1 mile south of the Chariton River and about 3-1/2 miles north of the Missouri River. 

Hunters:

     This could be without a doubt, one of the best hunting properties in North Central Missouri and likely the “best” that is available for sale today. The Rockford Hills area is known for its tremendous wildlife habitat & populations and producing an abundance of trophy class Whitetail bucks.  

  This property is the "Real Deal" …. the “Total Package” when it comes to the Ultimate in a Premium Quality Hunting Property.  It has everything that the most demanding and discriminating Hunter could ask for; a large property secluded from the main road; with heavy timber and woodland including Oaks, Walnut, Pecan, Hickory, and more; with irregular shaped open rolling fields running along the ridgetops and into meadow areas of a spring fed year-round Creek (Young Creek) that meanders through the property; with nearby and surrounding fertile cropland; with excellent cabin sites; with over $5,000 annual income from CRP.  The existence of marketable timber is obvious as well for a source of additional income. This property is known for refuging wildlife, being only modestly hunted for decades.  The way this property is set up, it can accommodate numerous hunters at a time with results second to none in this area.  This area is also known for producing a plethora of Indian Artifacts that are routinely found.  Yes, this property is this good.  Don’t miss this opportunity of a lifetime to own the hunting property of your dreams.   

Tract #2:  4 acres, m/l:  Located just south of Keytesville City limits on Route K (Grand Avenue). Mostly wooded and open grassland w/excellent building site w/utilities available. Delapidated home & outbuilding on site.

 

Terms: 10% down day of sale upon entering into real estate purchase contract; possession @ closing within 30 days or less. 2020 taxes prorated between Buyer & Seller; Seller will furnish title insurance. Sale is not contingent upon Buyer's ability to obtain financing.

ALSO SELLING: 1,000 Gallon Propane Tank; to be removed from site by Buyers prior to closing date.

Watch the Drone Video of these properties coming soon

Auction Terms & Conditions on Real Estate

Sale Date: Friday, May 29th, 2020 at 10:00 am.

Sale Location: Auction will be held at the Enyeart Auction Center located at 112 E Jackson (Hwy 24) in Keytesville, MO. 

Method of Auction: There is NO Buyer’s Premium charged at this Auction; the final bid is the full purchase price.

Tract #1 will sell by the acre multiplied by 247 acres, to determine the final selling price. Bid price will be converted to total dollars as the hammer price. No survey has been conducted.  All Bidders are required to register and receive a Buyers Number prior to Auction, and providing proper Identification. All Real Estate sells subject to Probate Court Approval.

Tract #2 will sell by total dollars

Contract & Earnest Money Deposit:  Immediately following the Auction, Buyer will enter into a Real Estate Purchase Agreement and pay a 10% of purchase price earnest money deposit, payable to Chariton Abstract & Title.  Earnest money is Non-Refundable and will be applied to the purchase price at closing. Earnest Money deposit may be in the form of a personal or business check. The balance of the purchase price will be due upon closing by Cashier’s Check or Certified Funds.

Contract Terms & Conditions: The Contract for the purchase of this property is “Without Contingency”, meaning that it is not subject to Financing, Appraisal, Inspections, etc.  Buyers must have Financing secured prior to bidding at this Auction and capable of paying the balance of the purchase price upon closing. All Real Estate is being sold on an “as is, where is” basis, and no warranties or representations, either express or implied, regarding the property is made by Sellers or Auction company. Bidders or Buyers of this property are responsible for conducting their own independent inspections, investigations, and due diligence concerning the property and this Auction. All information through advertising is subject to verification by all parties relying on it.

Closing & Closing Costs:  Closing will be conducted by Chariton Abstract & Title located at 209 S Ash, Keytesville, MO, within approximately 30-45 days.  Seller will provide & pay for Title Commitment and title examination fees and convey property by General Warranty Deed. Buyer is responsible for any fees associated with a loan, additional recording fees, etc.  Buyer & Seller will each pay ½ of the closing cost charged by Chariton Abstract & Title (Approximately $200 each).

Possession: Possession of Real Estate will be granted to the Buyer upon closing. 

Easements: Sale of all Real Estate is subject to any and all easements of record. In particular, there is a pipeline easement that runs through Tract #1.  Other easements of record will be noted in the Preliminary Title Insurance Commitment.

Conditions of Sale:  Announcements made day of Auction take precedence over all prior advertising. All information in advertising is subject to the terms and conditions of sale in the purchase contract. Auction conduct and bidding increments are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final.

 

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A rare opportunity to purchase a premium quality, large tract of Hunting/Recreational land in this area.

Pennington Heirs Land Auction Auction

For more information, call:
Daniel Enyeart @ 660-651-1101


Also Visit: Auctioneer's Website
Questions about this auction? Phone 660.288.3022 or email our office at [email protected].

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Enyeart Auction & Realty

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