Hwy 24 & County Road 355, Taylor, MO 63471 - Marion County

Property Description

Live Auction location: Elks Lodge 311 North 2nd Street, Quincy, IL

Online bidding available as well

Date: 2/24/2025 Time: 1:00 p.m.

Ann Baker Living Trust Auction: Premium Agricultural Property

141.02 +/- Acres To Be Auctioned in 4 Tracts

For the first time in decades, the Ann Baker Living Trust presents an extraordinary opportunity to own some of Northern Missouris most productive farmland.

Stretching along Highway 24 and County Road 355, this premier property is divided into four tracts of nearly 100% tillable land. Tract 1 features an irrigation system with a new well pump and a 2,100-square-foot barn, while Tracts 2 and 3 offer pristine farming potential. With an outstanding 79.9 NCCPI rating across all soils, this land should produce generations of abundant harvests.

This offering represents a rare opportunity to acquire top-tier cropland in a prime location. Final acreages pending survey confirmation.

Contact Brad Fallert - 573.822.0418 for more details

Property Highlights

Auction Details

ELKS LODGE 311 N 2nd ST QUINCY, ILLINOIS

FEBRUARY 24, 2025 at 1:00 P.M.

Tract 1 50.6 +/- acres to be surveyed

FSA figures should indicate 45.65 cropland acres

Productivity Index (NCCPI): 79.9

Soil Type Belknap silt loam, 0 to 2 percent slopes, Soil Class 2W

Improvements include an irrigation system, BillBoard Income and a 2100 sq ft. Barn.

Access along Highway 24

Actual Acreage to be Surveyed

Tract 2 46.67 +/- acres to be surveyed

FSA figures should indicate 46.03 cropland acres

Productivity Index (NCCPI): 79.9

Soil Type Belknap silt loam, 0 to 2 percent slopes, Soil Class 2W

Access along County Road 355

Actual Acreage to be Surveyed

Tract 3 42 +/- Acres to be surveyed

FSA figures should indicate 42 cropland acres

Productivity Index (NCCPI): 79.9

Soil Type Belknap silt loam, 0 to 2 percent slopes, Soil Class 2W

Access along County Road 355

Actual Acreage to be Surveyed

Tract 4 1.75 surveyed acres

Productivity Index (NCCPI): 79.9

Soil Type Belknap silt loam, 0 to 2 percent slopes, Soil Class 2W

Great Lot

Access along Highway 24

Auction Terms

PROPERTY SALE TERMS AND CONDITIONS

Ann Baker Living Trust Real Estate

AUCTION FORMAT

The property will be sold on a per-acre basis according to surveyed acreage. Tracts 1 through 3 will be offered via Buyers Choice format, permitting the highest bidder to select any individual tract or tracts in their preferred sequence at their winning bid price. Should any tracts remain unselected by the initial highest bidder, these will continue to be offered through the Buyers Choice method until all tracts are successfully allocated. We will then offer Tract 4 individually as a lump sum total dollar amount. The tracts will NOT be offered together or in any combination at the conclusion of the auction.

PAYMENT AND CLOSING TERMS

Upon successful bid completion, buyers must execute a real estate sales contract and submit a non-refundable deposit of ten percent (10%) of the purchase price. This deposit shall be payable to Mark Twain Title Co. and maintained in escrow until closing. The remaining balance is due at closing, scheduled on or before March 28, 2025.

TITLE AND POSSESSION

The seller shall furnish title insurance equivalent to the full purchase price. Property taxes for 2025 will be prorated as of the closing date. Complete possession rights transfer at closing, with all properties selling unencumbered by existing tenancy agreements for 2025 excluding the billboards on Tract 1 . All bids are final and unconditional, explicitly excluding but not limited to contingencies for financing, appraisal, or property inspection.

LEGAL DISCLAIMERS

Sale day announcements supersede all previous written or oral advertisements. While all presented informationincluding brochures, advertisements, and website contentis believed accurate, neither the seller nor Elite Land & Auction, LLC, DBA Elite Land & Auction Co., assumes liability for any inaccuracies, errors, or omissions. All property boundaries, photographs, drone footage, and other visual representations are approximate. Buyers bear responsibility for independent verification of all information. The property is offered AS IS without expressed or implied warranties from the seller or Elite Land & Auction, LLC.