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

Date: Wednesday, September 11, 2019
Time: 5:00pm - 7:00pm
Location: 1051 South Water Street; Warrenton, MO 63383
Directions: 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 TO BE SOLD ON SATURDAY, SEPTEMBER 28, 2019

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.

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.

AUCTIONEERS 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.

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

AUCTIONEERS

DAVID THORNHILL           DUSTY THORNHILL      BILL UNSELL
 314-393-7241                         314-393- 4726                   573-470-0037
 TROY, MO                             TROY, MO                          FRANKFORD, MO                 

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