iAuction Terms & Conditions

1. Procedure: Bidding ends Wednesday, August 3, 2022 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All bids placed are by the Acre.  

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price. 

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, August 4, 2022 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to 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 the closing for such reason. 

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 

5. BIDDING: Once submitted, a bid cannot be retracted.  

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, September 08, 2022. 

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.  

10. REAL ESTATE TAXES: The 2022 Real Estate taxes to be paid by the Seller.  

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else 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 are 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. This property is subject to prior sale. 

Boone Co., MO Land iAuction – Lee Family Farm

Bidding ends Wednesday, August 3^rd at 10 AM.  

Nestled right between Hallsville and Sturgeon, you will find this undisturbed 166± acres offered in 3 tracts that has appeal for no matter what you are looking for.  Between the flat to gently rolling cropland to the deep woods loaded with wildlife, this is sure to catch your attention.  The wooded ground is loaded with mature hardwoods including a significant amount of harvestable White Oak Timber.  Most of the open ground is eligible to either be cropped for this upcoming fall, next spring’s planting season or kept in CRP.  The newly signed CRP contract can be opted out of in favor of row crops!  The smaller tract provides an excellent home site with three ponds and larger trees for added shade.  Property has fiber internet, rural water, and electricity along the road and ready to be hooked up.  If you are looking for good stable investment property, solid big buck hunting ground, or your future homesite, look no further.   

Call or text Mike Sharpe at 573-721-0944 for more details on the farm and auction. 

Access is from Highway V to East on East Gordon approximately ½ mile to property on both sides of road.  Look for signs!  

Tract 1 - 82± Acres: This flat to gently rolling farm offers great soils and return for row crop production.  With 70.99 tillable acres, this tract will provide a great ROI for years to come!  The open ground is currently in a new CRP contract that can be opted out of and placed into row crop production.  The CRP currently pays $8,306 annually.  Don’t forget about the patches of woods that are sure to hold that big buck!  Majority of soils are Mexico Silt Loam, 0-2% and 1-4% slope.  

Tract 2 - 64± Acres: Hunters paradise with a significant amount of harvestable White Oak Timber and other hardwoods.  The whitetail farm has a ton of old logging roads throughout it for good access.  The deer trails are everywhere!  Approximately 16 acres of open tillable cropland that is currently in CRP.  Current annual payment is approximately $1,872.  The CRP can be taken out of CRP and placed into row crop production, run a few cattle, or build your dream home.  This is a great hunting tract with income!  

Tract 3 - 20± Acres:  Hunting, Fishing, or building a house.  You pick!  Approximately 0.8 acres of CRP that could be taken out.  Approximately 8 more acres of open ground that is currently in hay/pasture.  The balance of this tract is a combination of hunting ground and 3 ponds.  Options unlimited with this tract!