This upland farm has outstanding wildlife habitat, timber, and row crop with a nice home, and two beautiful barns. It has tenants in place for the farming, and a family in the home giving it good care. This home is out of the flood plain, and on a black top road (State Route 275) and in the Rock Port school district. If you enjoy the outdoors, you'll like this property because it's not consumed with cropland. There's plenty of open areas in pasture and timber to enjoy. If you don't hunt, you may be surprised by what a hunting lease here would be worth! Either way get solid return every year with the cash rent. Join us July 10 for a great opportunity to own land in Northwest Missouri, where we have Iowa productivity and cheap taxes!
Auction at Velma Houts Fair Building - Rock Port, MO - Wednesday, July 10, 2024 10:30 AM
- Property Viewing July 9, 2024 10:30 AM
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 2 miles southeast of Hamburg Iowa on Hwy 275 - Real Estate Taxes:
2023 taxes were $1,500.40 on 186.1 taxable acres - FSA Info:
See printable brochure - Rental Status:
Leased for the 2024 crop year - Annual Income:
$200/Acre on 40 Tillable Acres = $8,000.00
Pasture & Hunting Lease = $7,000.00
House Lease: $7,200.00
Total: $22,200.00
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 August 20, 2024 at Northwest Missouri Land Title LLC 406 S Main St, Rock Port, MO 64482 . 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.
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.
*5. Seller has the right to refuse any bids.
*6. I understand Barnes Realty is agent for the seller.
