Joseph & Myrtle Flake Revocable Trust Auction – Paul Flake & Madge Flake Co-Trustees

Date: Saturday, September 28, 2019
Time: 2:00pm
Location: Thornhill Auction Barn; 421 John Deere Drive; Troy, MO 63379
Directions: From Troy, MO go south on Hwy 61 to Moscow Mills Hwy C Exit. Go east on Hwy C to first 4 way stop, turn left on John Deere Drive (by Bank of Old Monroe) and go approximately 1 mile to sale on right, next door to Thornhill Real Estate Office.

AUCTIONEER’S NOTE: This farm has been in the Flake family for generations, it is untouched and prime for development. Warrenton is on fire with the new overpass & new homes popping up around town, existing lots will soon be built out. With the close proximity of the new school, what a great place to invest. It’s only a matter of time and with the city utilities on site, here’s one that will work and won’t break the bank. 1031 money, if you’re looking for a place to exchange your money, here’s one you need to consider. See you at the sale. David, Dusty & Bill
Note: Again, sale will be held at Thornhill Auction Barn and NOT on site.

REAL ESTATE

118 acres m/l in Section 27 & 34 TWP 47N R 2W in the city limits of Warrenton, Warren County MO.

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PROPERTY ADDRESS: 1051 South Water Street; Warrenton, MO 63383

DIRECTIONS TO PROPERTY: Take I-70 to Warrenton/Hwy 47 Exit #193, go south on Hwy 47 approx. .8 mile to left on Booneslick (Hwy M) and go ¾ mile to right on Water Street, go .3 mile, farm starts on the right.

REAL ESTATE: 118 acres m/l, fronts on Water St., approx. 70% open in hay & pasture w/the balance in woods, wet weather creek & draws.

Improvements include a 5-room, 3 bedroom, 1 ½ bath ranch home built new around 1980 w/kitchen, breakfast room combo & living room. The home is total electric w/basement & attached 2-car garage. The home is presently rented for $750 per month & tenants would like to stay if available. The home is on city water & sewer and again, in the city limits. Other improvements include an older set of farm buildings.

Here’s a prime tract that is ready for development with an 8” water main & 8” Gravity sewer system w/main sewer trunk line running through the farm. The present use of the farm is agricultural and is zoned (AG) Agricultural, and the balance M2-General Industrial. Call the office at 636-366-4206 for plat, aerial & zoning maps.

Open House on the Real Estate on Wednesday, September 11, 2019 from 5:00-7:00 P.M. or by appointment.

Terms: 10% down day of sale with the balance of cash at closing on or before 45 days after the sale with possession at closing. Possession of home subject to lease.

OWNERS: JOSEPH & MYRTLE FLAKE REVOCABLE TRUST
PAUL FLAKE & MADGE FLAKE CO-TRUSTEES

AUCTIONEERS:
DAVID THORNHILL
314-393-7241
TROY, MO

DUSTY THORNHILL
314-393-4726
TROY, MO

BILL UNSELL

573-470-0037

FRANKFORD, MO

All buyers will be photographed.
Terms: Cash or Good Check with Current Photo ID.
Out of State Photo IDs and Out of State Checks must be accompanied with a Bank Letter of Credit.
We do not accept Cashier Checks.
Owner & Auction personnel not responsible for accidents day of sale!
Announcements made day of sale take precedence over any advertisement!