Memphis, MO 63555 - Scotland County

LOCATION

Scotland County, Missouri

Land is described as being in Sections 33 & 34, T66N-R11W, and Sections 3, 4, 8, 9 & 17, T65N-R11W, Jefferson Township, Scotland County, Missouri.

Tracts 1 & 2 are generally located approx. 2 miles east of Memphis, MO along blacktop Route AA. Tracts 3 & 4 are located approx. 3 miles east of Memphis, MO (Tract 3 lies east of County Road 515 and Tract 4 is accessed off Route AA). Tract 7 consists of a well-built log style home with access off Route AA. Tracts 5 & 6 are ideally located approx. 1 miles east of Memphis, MO along Hwy 136 and offer unlimited development potential, productive farmland, recreational land and premier building sites.

SELLER

Darlene Rae Johnston Trust

Vickie Jean Ewing, Trustee

MANAGED BY

Louie Zinn (319) 795-2314

Dan Sullivan

In conjunction with Fretwell & Associates Real Estate

Bill Fretwell (660) 341-7735

OPEN HOUSE

Tuesday, March 4, 2025 4:00 PM - 6:00 PM

Physical Address: 22661 State Route AA, Memphis, MO 63555

GENERAL INFORMATION

751 acres (subject to survey) 7 tracts

The Johnston Farms represent some of the most productive tillable farmland in northern Missouri. Additionally, it offers some of the finest hunting and rural living in all of northeast Missouri. All farms sell free and clear for the fast-approaching 2025 spring planting season. Here is a great opportunity for farmers, investors, recreational enthusiasts or anyone looking for a custom log home with acreage.

TRACT INFORMATION

Tract 1 100 acres (subject to survey)

FSA records should indicate approximately 98 cropland acres

Soil types include Edina, Adco, and Lamoni

Land represents nearly 100% well-maintained highly productive tillable cropland

NH3 and fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

Well drained with established terraces

Access from the north by Route AA

Tract 2 206 acres (subject to survey)

FSA records should indicate approximately 198 cropland acres

Soil types include Lamoni, Armstrong, Adco, and Edina

Approximately 160.43 acres currently in row crop production

36.72 acres enrolled in CRP with an annual payment of $3,672.00 (expires 9-30-2030)

Land represents highly productive tillable cropland and income producing CRP

NH3 and fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

17.4 acres of wheat was planted in the fall and will go the buyer at no expense

Well drained with established terraces

Access from the north by Route AA

Tract 3 98 acres (subject to survey)

FSA records should indicate 78.6 cropland acres

Soil types include Gara, Armstrong, and Adco

Land represents productive tillable cropland with remainder in timbered draws and waterways

Fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

Excellent hunting opportunities

Access from the west by County Rd 515

Tract 4 136 acres (subject to survey)

FSA records should indicate 104.8 cropland acres

Soil types include Gara, Blackoar, and Armstrong

Land represents productive tillable cropland with remainder in timbered draws and waterways

Fertilizer applied and fall tillage (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

Excellent hunting opportunities

Improved with a pond

Access from the southeast by Route AA

Tract 5 195 acres (subject to survey)

FSA records should indicate approximately 140 cropland acres

Soil types include Armstrong, Lamoni, Adco, and Arbela

Currently approximately 93 acres in row crop production

Land represents productive tillable cropland with remainder in timber and brush

Fertilizer and pre-emergent applied (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

Excellent hunting opportunities

Improved with ponds

Possible timber value

Access from the north by Hwy 136

Tract 6 10 acres (subject to survey)

FSA records indicate approximately 7.6 cropland acres

Land represents productive tillable cropland and potential building site

Fertilizer and pre-emergent applied (AT NO EXPENSE TO THE BUYER) Contact Auction Rep for details

Excellent building site with all utilities present in close proximity to Memphis, MO

Improved with a shed and silo

Access from the north off Hwy 136

Tract 7 6 acres (subject to survey)

Beautiful small acreage with custom built log home (2010)

2 bedrooms on main floor with bath and bath

Loft includes 1 bedroom and bath

Unfinished basement with bath and walk-out doors

Attached two car garage

All season sunroom off master bedroom

Very high-quality log home with approximately 2,400 sf of living space

Improved with two ponds and outbuildings

Access from the south by Route AA

OPEN HOUSE: Tuesday, March 4 from 4-6 PM

Physical Address: 22661 State Route AA, Memphis, MO 63555

METHOD & TERMS

The Johnston Farms land will be sold on a price per acre basis, based on surveyed acres. Tract 1-5 will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. Following the sale of tracts 1-5, tract 6 will sell for lump sum or total dollar amount, then tract 7 will sell for the lump sum or total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer 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, payable to Scotland County Abstract, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before April 18, 2025.

The seller will provide title insurance in the full amount of the purchase price. Buyer will pay the real estate taxes on tracts 1-6 and real estate taxes on tract 7 will be prorated to the date of closing. Tract 2 buyer will receive the 2025 CRP payment. No current leases in place. Possession at closing.

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

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 Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS.