Gorin, MO 63543 - Scotland County

SCOTLAND COUNTY, MO LAND AUCTION - STEELE

Monday, February 17, 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

Scotland County, Missouri

The Steele farms are located east of South Gorin, MO and conveniently located just south of Route U. The west tract is located on Route RA and the east tracts are located on County Road 103; 21 miles southwest of Kahoka, MO; 25 miles northeast of Edina, MO and 19 miles southeast of Memphis, MO. The farm is further described as being located in Sections 13 & 16, T64NR10W, Harrison Township, Scotland County, Missouri. Physical Address of the home is 26713 County Road 103, Gorin, Missouri.

SELLER

Steele Family Farms

Beneficiaries of Anna Belle Peterson

MANAGED BY

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

191.5 acres (subject to survey) 4 tracts

Farms represent productive tillable cropland, well maintained pastureland, home with outbuildings, lake, and recreational opportunities. All tracts sell free and clear for the 2025 crop year!

TRACT INFORMATION

Tract 1 - 38.5 acres (subject to survey)

FSA records should indicate 35.10 acres of cropland

29.2 NHEL acres in row crop production

NCCPI Rating: 71.1

Soil types include Edina, Adco, Lamoni

Land represents highly productive tillable cropland with the remainder in hay field and brushy ditch

Hunting opportunities

Excellent building site with all utilities present

Access from east off Route RA

Tract 2 - 62 acres (subject to survey)

FSA records should indicate approx. 34.9 acres of cropland

Approximately 29 acres are currently in row crop production

NCCPI Rating: 65.3

Soil types Include Armstrong and Adco

Land represents a mix of productive tillable cropland, lake, and timber

8 acre Bear Creek Watershed Lake which provides excellent building sites and recreational opportunities

Excellent whitetail deer hunting opportunities (see trail photos)

Excellent building sites with all utilities present (electricity ran back to the lake)

Food plot locations for attracting wildlife

Access from west off County Road 103

Tract 3 - 40 acres (subject to survey)

FSA records should indicate approx. 36.48 acres of cropland currently in row crop production

NCCPI Rating: 65.7

Soil types include Armstrong, Adco, and Edina

Land represents productive tillable farmland with the remainder in waterways/pond

Excellent hunting opportunities (see trail photos)

Access from the south off County Road 114

Tract 4 - 51 acres (subject to survey)

FSA records should indicate approx. 46 acres of pastureland/timber

Land is improved with older home, garage, grain bins and outbuildings (home can be viewed by appt. only)

Home has 4 bedrooms and 2 baths (newer furnace and septic)

3-car detached garage (approx. 33'x43') and machine shed (approx. 40'x70')

Grain bins have electricity and fans (estimated 4000 bushel and 8000 bushel)

All utilities present including rural water and fiber internet

Excellent perimeter fencing in place

Excellent hunting opportunities (see trail photos)

Access from the west off County Road 103 and from the south off County Road 114

REAL ESTATE TAX INFORMATION

2023 Property Taxes for Tract 1 $144.29

2023 Property Taxes for Tracts 2-4 (combined total) $655.20

METHOD & TERMS

The Steele farm will be sold on a price per acre basis, based on surveyed acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any 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. 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 March 18, 2025.

The seller will provide title insurance in the full amount of the purchase price. Buyer will pay 2025 real estate taxes. Possession will be given at closing. Open tenancy for 2025 and beyond. No leases in place.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Steele Family Farms

Beneficiaries of Anna Belle Peterson

Closing & Title Work:

Scotland County Abstract

205 East Monroe Street, Memphis, MO | (660) 465-7052

Auction Managers:

Louie Zinn (319) 795-2314

Dan Sullivan (319) 795-1833