LAND & HOME AUCTION

Mercer County, Cainsville, Missouri


AUCTION - SATURDAY, OCTOBER 25 - 10:30 A.M.

(AUCTION TO BE HELD ON SITE--CALL THE OFFICE FOR DETAILS)


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157 Acre M/L Horse/Cattle Farm with Gorgeous Custom-Built Brick Home

Located in the lush, rolling hills of northern Missouri, this farm is set up for breeding, raising, and training horses.  At the heart of the property is a new 2-story, 4 bedroom/2 bath home with wrap-around porches and an attached garage.  The airy and open floor plan allows plenty of natural lighting.  The many windows offer views looking over 4 pastures, 8 ponds, and timbered hillsides.  The main floor consists of: 24’ x 14’ living room with brick fireplace and snack counter; 24’ x 16’ kitchen/dining area with tiled floor and adjacent screened porch; full bath, bedroom, and a utility room.  The second floor includes: large landing atop the stairway, full bath with jetted tub, 16’ x 10’ office/family area with French doors leading to a 10’ x 15’ screened porch, 10’ x 11’ bedroom, 12’ x 15’bedroom, 12’ x 14’ bedroom with French doors to 10’ x 15’ screened porch.  An additional kitchen area, closets, bath, and heating and air conditioning are found in the 28’ x 40’ attached garage. An outside entrance gives this area the option of making it a separate apartment.

Outside, a wood fence leads to the 60’ x 98’ stalled barn with an adjoining 30’ x 30’ barn that is currently used as a training pen. The 14’ doors of this barn open to nine 12’ x 12’ box stalls--each with individual waterer.  A wash rack, grooming rack, bath/kitchen, and office/feed room add to the efficiency of the building.  Two hanging heaters (which operate using hot water from an outside wood furnace) and a 30’ x 98’ ride-in alleyway further enhance the horse friendly set-up.

Another 60’ x  90’ barn with wood-lined interior walls and 16’ doors is currently used as a machine shed, but could easily be converted to an indoor riding arena.  Two loafing sheds with more stall space (five 10’ x 12’ stalls and four 12’ x 12’ stalls), several 2-stall sheds. and various storage sheds round out the property.

Please note that this set-up with its buildings, and the cross-fence and boundary fenced pastures, could easily be converted to support a thriving cattle operation.  This beautiful property offers lots of recreational value, as well, with Brushy Creek flowing through a portion offering excellent hunting and fishing.

Call Teresa Hildenbrand at 660-748-8500 or 888-518-8705 for more information or to schedule a showing.

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TERMS & CONDITIONS OF AUCTION

1. This property will sell as one tract and remain sold to the highest bidder (subject to seller confirmation and reserve requirement).  This acreage is approximate and taken from county assessor and the best available information from the Seller.

2. Buyer and Seller will enter into a standard format Contract for the Sale of Real Estate for the parcel bought and sold on the day of auction.  Contract will call for a 10% down payment in the form of a personal or company check with the balance of the purchase price due, in certified funds, on or before the 25th day of November, 2008.  Contracts will contain no financing or inspection contingencies and Buyer must have their financing and make their own inspections prior to bidding at the  auction.  Buyer will also be responsible for a 5% premium of the sales price at closing.  Escrow payments will be made  payable to and closings will be handled by Mercer County Title Company, Princeton, Missouri.  Sellers will furnish title insurance in the amount of the selling price and deliver title by Warranty Deed.   Buyer will be responsible for their own mortgage policies of title insurance (if applicable).  The 2007 taxes were $1,894.43 and have been paid by the Seller.  The 2008 taxes will be pro rated at closing.  Customary closing fees will apply to both Seller’s and Buyer’s transactions.  Informational title commitments reflecting the public record will be made available for potential buyer for review on day of auction or, by request, earlier.  Brokers must register with either United Country Missouri Land & Home or United Country - Nelson Realty LLC 24 hours prior to the date of the auction and will receive a 2% participation fee if their Buyer is the winning bidder.

3. Seller is serious about selling the land at this auction but does reserve the right to accept or reject the final bid on this property.

4. Property is sold “AS IS - WHERE IS”  and Buyer should take time to examine this property thoroughly and rely on their own judgment.  Auctioneer, United Country Missouri Land & Home or its agents are not responsible for any representation made by Sellers or their employees and are not responsible for accidents on the sale property should any occur.

5. Possession to be delivered to Buyer on date of closing.

6. Online bidding is available at www.Proxibid.com, if you are unable to attend the auction in person.  Terms and conditions of online bidding can be found at the Proxibid website.

Announcements made day of sale take precedence over any written material.

LISTING NUMBER 24161-01032

United Country Missouri Land & Home
Kurt Hollenberg, Broker
701 Vandiver Drive, Suite 101
Columbia, MO 65202
Phone: 573-474-8205
Toll Free: 800-895-4430
Fax: 573-474-8212
Email: info@missourilandandhome.com
www.missourilandandhome.com
www.molandauctions.com