Peoples Land Co. | Elmer Ray Prebe Trust Land Auction

Elmer Ray Prebe Trust Land Auction - 371.11± Surveyed Acres

SOLD - $2,315,961.00

Friday, March 3rd at 6pm

Just 6 Miles from Edina, Missouri - Knox County

Auction Highlights

Productive Tillable Bottom Land • Hay • Pasture & Cropland • Beautiful updated 3000 SF Home

Auction Information

Elmer Ray Prebe Trust Auction Sale Results
Approximately 93 people gathered on Friday night, March the 3rd at the Knox County Community Center for the Elmer Ray Prebe Trust Auction. There were 23 registered bidders in attendance and and 8 bidders online from 6 different states including Connecticut, Texas, Minnesota, Wisconsin, Missouri and Illinois. A special thanks for all of the interest and to the buyers, but especially to the Prebe Family for entrusting Peoples Land Company to market their property.
Results:

Tract 1: $3,600/acre

Tract 2: $5,000/acre

Tract 3: $7,700/acre

Tract 4: $5,000/acre

Tract 5: $4,650/acre

Tract 6: $242,000 lump sum

Average $6,258.85

Auction Manager: David Clark (660) 676-1107

Outstanding Land Auction

Elmer Ray Prebe Trust Farm

371.11 Surveyed Acres Offered in 6 Tracts

Friday, March 3rd at 6pm

Held at the Knox County Community Center - 207 4th St, Edina, MO 63537

AUCTIONEERS NOTE: Take advantage of this opportunity to own a well maintained family farm. The property is located just six miles outside of Edina on hwy T. This farm has a little something for everyone, ranging from productive tillable bottom land to hay, pasture and crop. Beautiful updated 3000 square foot home located on the black top with shop, cattle barn and grain bins. With life taking its course the family has decided to offer this piece of land for sale to allow new opportunities for someone else. We are honored to work with such a wonderful family and offer the sale of this beautiful farm! Don’t miss this opportunity to own such a well maintained Knox County property.

Tracts Ranging in Size from 9± Acres to 151± Acres

Tract 1: 91.65 acres
• 32 tillable
• 20 CRP expires 2027 paying $134/ac
• 12 CRP expires 2027 paying $139/ac
• 10 CRP expires 2033 paying $137/ac
• 15 acres Timber

Tract 2: 44.79 acres
• 28 tillable
• 12 CRP expires 2027 $134/ac
• 1.3 CRP expires 2033 $137

Tract 3: 151.64 acres
•113 tillable
• 23 hay
• 6.6 CRP expires 2032 paying $139/ac

Tract 4: 34.68 acres
• 28 grass
• 2 ponds
• hwy T frontage

Tract 5: 39.34 acres
• 35 grass
• 2 ponds
• hwy T frontage

Tract 6: 9.01 acres
• 1974 Home approximately 3060 sq ft
• 3 bed, 2.5 bath, second kitchen
• 1- 42’x72’ pole barn 1976 cement throughout
• 1- 46’x73’ pole barn 1985
• 2- 21x18 grain bin
• 1- 15x7 grain bin

Take advantage of this opportunity to own a well maintained family farm. The property is located just six miles outside of Edina on hwy T. This farm has a little something for everyone, ranging from productive tillable bottom land to hay, pasture and crp. Beautiful updated 3000 square foot home located on the black top with shop, cattle barn and grain bins. With life taking its course the family has decided to offer this piece of land for sale to allow new opportunities for someone else. We are honored to work with such a wonderful family and offer the sale of this beautiful farm! Don’t miss this opportunity to own such a well maintained Knox County property.

Auction Manager: David Clark • 660-216-1107 • [email protected]

Property Maps

Terms & Conditions

The farm will be split into 6 tracts. Tracts 1-5 will be offered at the Buyer’s Choice Method of auction. Tract 6 with the home and outbuildings will sell last as a lump sum money after the sale of Tracts 1-5. The tracts will not be tied back together in any form or fashion and will remain assigned to the winning bidder. The farm will sell subject to Seller confirmation. Tract 5 will sell with a sewer easement from tract 6.
The title work is being handled by Kirksville Land Title Co. and a preliminary title search has been done. For copies of the Title Commitment, please contact the auction company.
The farm is being offered live at public auction with internet bidding available through ProxiBid. All online bidders must be approved through the auction company prior to sale day. A nonrefundable 10% of bid price will be due the day of the sale with the balance due at closing. The sale is not contingent upon financing or inspections. Closing will be held on or before April 4th, 2023 with Kirksville Land Title Co. Title insurance will be provided by the seller. Closing costs and cost to conduct closing will be shared by buyer and seller 50/50. Buyer to pay all recording fees. Taxes will be prorated for the 2023 calendar year.
The home is being sold “As Is”. For a personal showing, please contact the Auction Company to arrange a date and time that is suitable.
Buyer may start farming prior to closing with a bank letter of finance and proof of insurance. Buyer to assume and comply with all CRP contracts. All boundaries and acres on maps are thought to be accurate but are not exact. All announcements on sale day take precedence over any advertising.