iAuction Terms & Conditions 

1. Procedure: Bidding ends Friday, April 26, 2024 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, Saturday, April 27, 2024 (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, May 30, 2024. 

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 2024 Real Estate taxes to be paid by the Buyers.  

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. All announcements made day of sale take precedence over prior advertising either written or oral.  This property is subject to prior sale. 

Lewis County, MO Land for Sale at iAuction – Knox Capital Farms 

Bidding Ends Friday, April 26^th at 10AM.  

These 192.5 gently rolling to rolling acres are located 7 tenths of a mile north of highway 16 on 185^th Avenue east of Lewistown. The Farm Service Agency shows there to be 136.69 acres of cropland with the tenant farmer reporting 133.45 acres in current production. The soils consist of Kilwinning silt loam 1-5, Leonard silt loam 1-6, Armstrong loam 5-9, Lindley loam 14-20, and Keswick clay loam 9-14. The farm has been terraced and tiled. The farmland has a tenant farmer for this 2024 crop with the cash rent being paid to the new buyer. The amount of $26,690.00 will be paid in two installments with the first payment of $13,345.00 being paid to the buyer(s) upon closing and the final payment of $13,345.00 being paid November 1^st.  The balance of the land is in woods and wooded draws offering excellent hunting and recreation along with a small pond located at the head of one of the draws. There are no hunting leases!  

The farm is 30 minutes west of Quincy, IL and a little over 2 hours north of the Chesterfield Valley. If you’re looking a nice income producing farm with recreation be sure to give this Lewis County, MO farm a good look. 

For more information call or text Jason Wallingford at (314) 882-6971.