This 240+/- acre farm is located just 2 miles east of Bethel, Missouri, on County Roads 240, 242, and 256, providing 1.5 miles of gravel road frontage, making it convenient for hauling grain. The farm has been well maintained and offers a mix of prime tillable acreage and excellent highly desirable soil types including Mexico, Putnam and Leonard Silt Loams. The property will be sold in 3 tracts via the bidders choice method, giving the first bidder the opportunity to purchase up to all three tracts or select the tract(s) of their choice. Long-term tenants are in place, with contracts expiring in the fall of 2025. All 2025 cash rent payments will be awarded to the buyers at closing. The owner and tenants have taken great care in maintaining the land, utilizing excellent fertility programs and farming practices. Buyers are welcome to tour the property with permission from the listing agent and ground conditions permitting. Tract 1 (West) - 80 Acres Tillable Acres: 73.88 Soil Types: Putnam, Mexico, and Leonard Silt Loams Access: From the north on County Road 240 Rent: $250 per acre (2025 cash rent payment of $18,470) Payment: All of the 2025 cash rent will go to the buyer at closing. Tract 2 (Center) - 79.9 Surveyed Acres Tillable Acres: 75 Soil Types: Putnam, Mexico, and Leonard Silt Loam Access: From County Road 240 to the north and County Road 242 to the southeast corner Rent: $250 per acre (2025 cash rent payment of $18,750) Payment: All of the 2025 cash rent will go to the buyer at closing. Tract 3 (East) - 82.7 Surveyed Acres Tillable Acres: 71.87 Soil Types: Putnam, Mexico, Leonard, and Armstrong Silt Loams Access: From County Road 240 to the north, County Road 256 to the east, and County Road 242 to the south Rent: $250 per acre (2025 cash rent payment of $17,967.50) Payment: All of the 2025 cash rent will go to the buyer at closing. Auction Details: The auction will take place March 18th, 2025 at 6 PM at the Shelbina Missouri American Legion Hall(520 E. Maple St, Shelbina Missouri 63468). The winning bidder will be required to enter into a binding contract immediately following the close of the auction. A 10% Non-Refundable Earnest Deposit is due at the end of the auction, and closing will occur on or before April 23rd, 2025. Payment Details: The earnest deposit must be wire transferred within 24 hours for online bidders, or paid by personal check for in-person bidders at the time of contract signing. Electronic contract signing is available for all online buyers. The buyer(s) must honor the current farming contract, with the seller providing notice to the tenant to vacate the property after harvest in the fall of 2025. Title insurance will be provided and paid by the seller, and 2025 taxes will be prorated to the day of closing. Bidders must have financing arrangements made and all inspections completed prior to the auction. In-person, online and phone bidding accepted. Phone bidders must register with auction company prior to sale day. Disclaimers: All statements, maps and representations are believed to be accurate; however, the seller, auctioneers, and representatives make no warranties or guarantees, expressed or implied. All announcements made on the day of sale will supersede those previously advertised.
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