New London, MO 63459 - Ralls County

RALLS COUNTY, MO LAND AUCTION - RUNNING BROOK FARM

Thursday, February 27, 2025 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Ralls County, Missouri

The Running Brook Farm, Inc. is located a short distance from New London, MO. Tract 1 is located approximately 5 miles west of New London along Brookside Trail and is further described as being located in Section 32, T56N-R5W, Spencer Township. Tract 2 is located approximately 5 miles west of New London along Brookside Trail and is further described as being located in Section 32, T56N-R5W, Spencer Township. Tract 3 is located 4.5 miles northwest of New London along Brookside Trail and is further described as being located in Section 33, T56N-R5W, Spencer Township. Tract 4 is located approximately 3 miles west of New London along Hwy A & Brookside Trail and is further described as being located in Section 4, T55N-R5W, Spencer Township, Ralls County, Missouri.

SELLER

Running Brook Farm, Inc.

MANAGED BY

Steve Zeiger (573) 231-9802

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

569.9 acres (subject to survey) 4 tracts

The farm contains 569.9 acres (subject to survey) in 4 tracts. Tracts 1-4 represent highly productive tillable farmland and recreational ground. Tract 4 represents recreational ground with a portion of tillable farmland and Hwy A frontage for great development opportunity. The farms sell with open tenancy for the 2025 crop year - contact auction manager for details.

TRACT INFORMATION

Tract 1 242 acres (subject to survey)

FSA figures should indicate approximately 91.47 acres of HEL cropland

Productivity Index (NCCPI): 76.3

Soil types include Winfield, Weller, Chariton, Gifford & Goss

Balance of the farm is in timber representing abundant hunting opportunities

Access is along the east and north side by a private, gated drive and the south side off Brookside Trail

Tract 2 241.9 acres (subject to survey)

FSA figures should indicate approximately 123.09 acres of NHEL cropland & 19.63 acres of HEL cropland

Productivity Index (NCCPI): 77.2

Soil types include Belknap, Chariton, Winfield, Fatima & Landes

North side of the farm is located along the Salt River

Two older grain bins and multiple older barns/out buildings

Balance of the farm is in timber representing abundant hunting opportunities

Access is along the west side by a private, gated drive and the south side off Brookside Trail

Tract 3 46 acres (subject to survey)

FSA figures indicate approximately 28.52 acres of HEL cropland

Productivity Index (NCCPI): 77

Soil types include Winfield & Weller

Old homesite on the east side of the property

Balance of the farm is in timber representing abundant hunting opportunities

Access is along the south side by Brookside Trail

Tract 4 - 40 acres (subject to survey)

FSA figures indicate approximately 20.44 acres of HEL cropland

Productivity Index (NCCPI): 73.8

Soil types include Sampsel, Winfield & Menfro

Balance of the farm is in timber representing abundant hunting opportunities and development opportunities

Access is along the south side by Hwy A and the west side by Brookside Trail

METHOD & TERMS

Tracts 1-4 will sell on a per acre basis, based on surveyed acres and will be offered through the marketing method of Buyers Choice, whereas the high bidder can purchase (in any order) any or all 4 tracts for their high bid. Buyers Choice auctioning will continue until all 4 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Thursday, March 27, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Buyer will pay the 2025 real estate taxes. Buyer will receive full possession at closing. There are no crop or hunting leases associated with this property. Open lease for 2025 crop year and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

All announcements sale day shall take precedence over any 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 Sullivan Auctioneers pertaining to the property. Real estate is being sold AS IS.

Running Brook Farm, Inc.

Representing Attorney:

Law Office of Branson L. Wood III

1001 Center St, Hannibal, MO 63401 | (573) 221-4255

Closing & Title Work:

Accurate Land Title Co

218 Broadway, Hannibal, MO 63401 | (573) 221-1002

Auction Managers:

Steve Zeiger (573) 231-9802

Dan Sullivan (319) 795-1833