Seller:

Patton/Lyle Family Farmland Auction

Gentry County Missouri Farmland with Possible Development

Location:

King City, Missouri

Short Legal:

Twn61N, Rng32W, Sec 33.

Legal Description:

The West Half of the Southwest Quarter of Section 33: also a tract commencing 955 feet South of the Northeast corner of the Southeast Quarter of Section 32: running thence West 336 feet; running thence South 300 feet, more or less , to the South line of the Northeast Quarter of the Southeast Quarter of the said Section 32; thence East 336 feet; thence North 365 feet, more or less to the place of beginning; and also a tract commencing at the Northeast corner of the Southeast Quarter of the Southeast Quarter of said Section 32; running thence West 177 feet; thence South 469 feet, thence East 177 feet, thence North 469 feet to the place of beginning, all in Township 61, Range 32, in Gentry County Missouri containing 85 acres. Legal on deed to govern.

Total Acres:

85+/-

Taxed Acres:

81.7+/-

Taxes:

$458 (2021 Tax Year).

Possession:

Farm is currently leased for the 2023 crop year. Lease will transfer with the property. New owner will receive the second rent payment of $5000 due and payable November 30, 2023, from tenant. New owners will also receive the 2023 CRP Payment due and Payable on Oct 1, 2023.

Method of Sale:

Farm will be offered by online auction only. The bidding will open starting May 15, 2023, and ending on May 19th, 2023.

Closing Date:

Farm must be closed on or before July 5th, 2023.

Soils:

Mostly Grundy Silt Clay Loam, Lamoni Clay Loam, Lagonda Silty Clay Loam (mostly class 2 and 3 soils). See soil map for complete details.

FSA Information:

Total Acres 85.19+/-, Cropland Acres 72.44+/-. Base Acres: Wheat 29.70, Corn 27.50, Soybeans 3.80, Total Base Acres 61.

CRP Information:

8.9+/- Acres enrolled through 9/30/2026 paying $187.81 per acre or $1,672 annually.

Description:

Located on the south edge of King City, this 81.7-acre farm has 41.8 acres inside the city limits! Farm offers great access from 3 sides including Berlin Rd, 462 Rd and South Ohio Street. The farm has 72.4 tillable acres with 63.5 being farmed and 8.9 acres in CRP paying $187 per acre expiring in 2026. The farm is rented for 2023 with the new buyer receiving a portion of the cash rent in the fall as well as the 2023 CRP payment. This property offers multiple building sites and close utilities giving buyers the option to subdivide or would make an excellent addition to anyone’s row crop operation. Farms like these don’t change hands very often! Farm is conveniently located on the East Side of King City Missouri with several grain outlets being in proximity. Strong farming community with plenty of successful farming operations if you are looking for a tenant.

Directions:

From King City, head South on 169. Turn left (East) on NW Berlin Rd. Continue
about a half mile and the property will be on the North side of the road. Look for the auction
sign.

Auctioneers Note:

Farm has a recorded Sewer Right of Way and Maintenance agreement with the City of King City and copies are available for buyer’s review

.Farm is currently leased for the 2023 crop year. Lease will transfer with the property. New owner
will receive the second rent payment of $5000 due and payable November 30, 2023, from tenant.
New owners will also receive the 2023 CRP Payment due and Payable on Oct 1, 2023.
Bidding will end with a soft close, meaning that a bid in the final minutes will extend the bidding
by approximately 5 minutes.
All bids are placed on a per acre basis (your bid times the total acres). Bidders will be required to
register and sign terms/conditions before bidding on the auction.
The successful high bidder, upon completion of the Real Estate Auction, must complete and sign
a purchase agreement and render 10% of the purchase price (earnest money) as a non-refundable
deposit in the form of a personal check, business check, certified funds or wire payable to
Closing Company. Balance due at final closing.
United Country Property Solutions LLC must receive a signed copy of the contract (hand
delivered, faxed, or scanned and emailed) within 24-hours after the buyer has been notified that
the sellers have accepted his or her bid.
The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement
shall be binding on the parties and their successors and assigns.
This agreement is NOT subject to financing, inspections, or other contingencies or delays to the
closing for such reason. Out of area personal checks must be with the approval of the Auction
Company personnel. Anyone not known by the Auction Company or sellers may be required to
show proof of Bank Letter of Credit. Sale is non-contingent; failure to close will result in
forfeiture of the earnest money. Buyer must secure their own necessary financing approval prior
to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any
and/or all bids. The property is sold “As Is, Where Is” and no warranty or representation, either
expressed or implied concerning the property is made by the seller or Auction Company. Please
inspect the property before bidding. Sellers and/or the Auction Company do not guarantee acres.
Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to
prospective buyer. Seller shall provide an Owner’s Policy of Title Insurance in the amount of the
purchase price and shall execute a proper deed conveying the real estate to the buyer. New
Owners will be granted possession of the property at time of closing. Sale shall include all
mineral rights owned by the seller if any. Property is sold based on the legal description. All
information contained in this brochure and all related materials are subject to the terms and
conditions outlined in the purchase agreement. Under no circumstances shall Bidder have any
kind of claim against United Country Property Solutions LLC, Sellers, or any party if the
Internet service fails to work correctly before or during the auction. The information is believed
to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines
drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their
satisfaction. There are no expressed or implied warranties pertaining to this property. Both real
estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties
expressed or implied. Please make all inspections and have financing arranged prior to the end of
bidding.