Midwest Real Estate & Equipment Specialists.

Land Auction - 106± Acres


SOLD - $5,700/Acre

Friday, December 15th at 6pm


Novelty, Missouri - Knox County


Online Bidding

Auction Highlights

  • Pence Farm
    Mostly Tillable






Auction Information

Auction held at the Knox County Community Center

Peoples Land Co, LLC is honored to offer the Pence Farm for sale at public auction. The sale will be held at the Knox County Community Center, 207 4th St., Edina, MO 63537 on December 15, 2023 at 6:00 p.m.


Directions: The farm is located approximately 9 miles west of Novelty, MO along Millrun St. For directions from Novelty, go west on Hwy. 156 approximately 6 miles to Mohagany Ave. Then go south on Mohagany approximately 2 miles to Millrun St. and then go west on Millrun St. for 1/2 miles to the farm.


The land represents a once in a lifetime opportunity to purchase a great combo farm in this area of Knox County. The farm consists of 106 acres m/I with 84.6 FSA tillable acres m/I making it 80% tillable with county road frontage along Millrun St. This farm will provide great income along with phenomenal hunting. 


The productive soils and location makes this farm one that the potential is endless whether it is a building site, investment opportunity, or recreational opportunity. The current tenant has cared for this farm at the highest level and farms in this area don't come for sale often so make plans to attend this great land auction.


Seller: Carl D. Pence Revocable Living Trust

Auction Managers:
Scott Gander 660-676-1479
Anthony Peoples 660-651-6501


Online Bidding


Property Maps

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Terms & Conditions

CLOSING AND TITLE INSURANCE: Kirksville Land Title Company, 111 East Harrison St., Kirksville, MO 63501

***All locations and boundaries shown on maps are thought to be accurate but are not exact. Farm will be sold as-is with no warranties given or implied.

10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY.
SALE IS NOT CONTINGENT UPON FINANCING.
CLOSING TO BE ON or before January 24, 2024
TAXES TO BE Seller to pay 2023 Taxes and Buyer to pay 2024 taxes and beyondTITLE INSURANCE WILL BE PAID 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.
SELLER AND TENANT TO HAVE RIGHT TO HARVEST 2023 CROPS ON PROPERTY.
ALL TRACTS WILL BE SOLD AS-IS WITH NO WARRANTIES GIVEN OR IMPLIED.
ALL MAPPING LINES AND BOUNDARIES ARE THOUGHT TO BE ACCURATE BUT ARE NOT EXACT. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.
ADDITIONAL TERMS: PLEASE NOTE: The adjoining property to the east located at 45501 Millrun St., has a 30 feet wide Roadway and Utility easement being used for the residence driveway and utility access.




Auction Photos

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Property Photos


Auction Files

Location Map