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GONE! LAND & HOME AUCTION – Property 1 of 2

56.3 Acres+/- with Home – 17 Oak Hill Road, Eldon, MO


The perfect farm for country living close to town! 56 acres+/- with 1400sf, 3BR/1BA all brick ranch home (needs work). 2 full silos, 1 small silo, hay barn, calf barn, 1,000 gal propane tank. Cross fenced.

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 09/03/14 at 1:00 PM CDT
Location: 17 Oak Hill Road, Eldon, MO 65026
INSPECTION
Began: 08/30/14 at 2:00 PM CDT
Ended: 08/30/14 at 4:00 PM CDT
Location: 17 Oak Hill Road, Eldon, MO 65026


The perfect farm for country living close to town! 56 acres+/- with 1400sf, 3BR/1BA all brick ranch home (needs work). 2 full silos, 1 small silo, hay barn, calf barn, 1,000 gal propane tank. Cross fenced.

 

DETAILS:

  • Legal: Parcel # 039031000000039000. SE4 SE4 & PTS2 NE4 SE4, Eldon, MO, Miller CO
  • Home: 1-story brick ranch. Forced air gas & central air. 1-car garage w/gravel drive. Needs work. Built in 1969.
  • Road frontage: Approx. 1,515’ on Oak Hill Rd. (Additional frontage on Beacon Hill and Ross Rd.)
  • Cleared: 20 acres
  • Some trees: 27.13 acres
  • Wooded: 8.92 acres

Directions: From the lake take Hwy 54 to 1st Eldon Exit MO-52 and turn left towards Eldon, turn left at McDonalds onto W. 4th St, approximately 1/2 mile turn left onto Hwy Y, 1.3 miles take sharp right onto Oak Hill Rd. Property is 2nd house on your left. (From Versailles, go east on Hwy 52 and turn right onto Hwy Y…)

 

3 Ways to Buy!

 

  1. Make an offer in advance. Call 816-781-1134 for details. Subject to auction terms.
  2. Bid live on site. Registration opens at noon. See terms for requirements.
  3. Bid live online. Advance registration required. See www.CatesAuction.com.

 

 

 

Auctioneer’s Note:

 

These two excellent farm properties have been in the same family for many years and the owners have now elected to sell them to the highest acceptable bidders at public auction. Whether you choose to buy one or both, you have a variety of opportunities for farming, cattle, hay, subdivision and/or building your personal residence. Come and bid your price!

Auction Location: Both properties will be sold from 17 Oak Hill Road, Eldon, MO

 

In proud cooperation with Pinnacle Real Estate Partners, Kathy Beeler.

 

 

 

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address.  Online bidders must also provide a credit card to register.  By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 5% non-refundable down payment of the total purchase price immediately following the close of bidding.   Cash, cashier’s check or personal/business check will be accepted from onsite bidders.  Bank wire will also be accepted from online bidders.

 

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

 

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

 

CLOSING:

Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.

 

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES & ASSESSMENTS:

2014 taxes are to be prorated as of the closing date.

 

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

 

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

 

BUYER’S PREMIUM:

A buyer’s premium of eight percent (8%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

 

From the lake take Hwy 54 to 1st Eldon Exit MO-52 and turn left towards Eldon, turn left at McDonalds onto W. 4th St, approximately 1/2 mile turn left onto Highway Y, 1.3 miles take sharp right onto Oak Hill Rd. Property is 2nd house on your left. (From Versailles, go east on Hwy 52 and turn right onto Hwy Y…)

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