iAuction Terms & Conditions 

1. Procedure: Bidding ends Tuesday, August 15, 2023 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All Bids are placed 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, Wednesday, August 16, 2023 (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 14, 2023. 

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 2023 Real Estate taxes to be paid by the Sellers.  

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. 

Ralls County, MO Land for Sale at iAuction – Mercer Farm 

Property Preview Saturday, August 5^th 10AM to 11AM. 

Bidding Ends Tuesday, August 15^th at 10AM.  

This 100± acre property in Ralls County, Missouri is located approximately 5 miles north of Center and offers a prime location for outdoor enthusiasts. It is conveniently situated within 20 minutes of Mark Twain Lake, Spalding Beach, and the Spalding Recreation Area, providing easy access to various recreational activities and water sports. Additionally, it is less than 30 minutes away from Black Jack Marina, making it a desirable destination for boating and fishing enthusiasts. 

The property boasts excellent hunting opportunities, with abundant deer, turkey, and small game in the area. This makes it an attractive choice for hunting enthusiasts seeking a diverse wildlife habitat. Furthermore, the property offers recreational therapy, providing a peaceful and serene environment for relaxation and outdoor enjoyment. 

Approximately 75 acres of the property comprise highly productive cropland, presenting an opportunity for agricultural endeavors and potential income generation. The fertile soils, including Mexico, Leonard, Winfield, and Weller silt loams, contribute to the land's agricultural productivity. 

The property's location is a key selling point, as it is within a 30-minute drive to Hannibal, a historic city with various amenities and attractions. Moreover, it offers convenient accessibility to the Chesterfield Valley, which is just a 1-hour and 30-minute drive away, providing access to additional recreational opportunities and urban amenities. 

For further details or inquiries about the property, interested individuals can contact Jason Chinn at 573-514-9368 via call or text. This property presents an exceptional opportunity for those seeking a versatile income-generating property in an ideal location that combines agricultural potential with recreational benefits.