Here's a good 40 acre upland farm well located in northwest Nodaway County just east of the town of Elmo, Missouri. It has lots of tillable acres and there is prime timberland that offers superb hunting opportunities. This tract adjoins the neighboring 119.39 acres auctioning the same day, giving you the opportunity to purchase 160 contiguous acres. Improvements include terraces and drainage tile that will make a great starter or recreational farm.
Online Auction through May 15, 2024
Bidding ends at 11:00 AM
Opening Bid: $3,000.00/taxable acre or $120,000.00 total
Agent: Jamie Barnes
(660) 851-1125 or Jamie@barnesrealty.com
Barnes Realty Company agrees to pay any licensed agent a referral fee on the buyer's side of the transaction if that agent registers the successful bidder PRIOR TO auction date. Contact our office for a pre-registration form required.
- Location:
The farm is located a half mile east of the town of Elmo, MO on 140th Street. - Real Estate Taxes:
2023 taxes were $145.16 on 40 taxable acres - Rental Status:
Currently rented for 2024 crop year (31.31 tillable acres) - Annual Income:
Row Crop: 31.31 Acres x $250.00/Acre = $7,827.50
Well setup for hunting lease income
Terms: 10% down auction day. Property will be sold/purchased as is, non-contingent on Buyer financing, to the highest bidder, subject to Seller’s confirmation. Announcement made on day of sale take precedence. Closing will occur on/before June 15, 2024 at First American Title, 2301 Village Drive, St. Joseph, MO 64506. 2024 taxes will be prorated as to the date of closing or delivery of the deed. Property sells subject to any right-of-way or easements of record. Mineral rights owned by Seller remain with the land. Closing costs and Title Insurance will be divided equally between Buyer and Seller. A loan policy, if any, paid by Buyer. Barnes Realty is agent for the Seller.
Reminder, successful bidder must provide 10% of successful bid to Barnes Realty within 24 hours.
Barnes Realty requires that anyone planning to bid must first register by clicking the button below.
(Bidders will receive a confirmation email with instructions for submitting a bid)
Bidding closes at 11:00 AM on Monday, May 15, 2024
Bidding will extend 10 minutes if a bid is placed within 10 minutes of the end time.
**Be sure and "refresh" page for updates**
Terms and Conditions when registering:
I hereby promise and agree that I am of sound mind, that I am legally competent to purchase/lease real estate, that I am above the age of 18 and, in the event I shall be the successful bidder, I agree to the following terms and conditions:
*1. I have the funds available in the form of cash/check or through financing from a lender for the total amount of the winning bid should I be the winning bidder and have/will provide a letter of pre-approval/sufficient funds from my lender/bank to landon@barnesrealty.com prior to the day of the auction.
*2. I agree to sign & return a Sales Contract and will provide 10% of the successful bid (my winning bid) in the form of wire transfer, bank cashier's check or other form of acceptable payment to Barnes Realty within 24 hours of the auction ending.
*3. I confirm that I have inspected the property personally and have decreed that it is suitable for my intended use.
*4. Prior to auction date, Bidder may schedule/prearrange to bid in person at our office location day of auction.
*5. Seller has the right to refuse any bids.
*6. I understand Barnes Realty is agent for the seller.
