REAL ESTATE AUCTION TO BE SOLD ON FRIDAY NIGHT, OCTOBER 22, 2021 AT 7:00PM
FARM #1 – 1191 Brownsmill Road, Elsberry MO 63343
Deed calls for 130 Acres m/l in Section 19, 20, 29 & 30 in Twp 51N R2E in Lincoln County
Note: Tract to be surveyed, Assessor’s map shows over 150 acres
DIRECTIONS TO PROPERTY: From Troy, go north on Hwy 61 approx. 10 miles to right on Hwy B, go 8.3 miles to left on Wingfield Lane, go ½ mile to right on Brownsmill Rd #386 & go approx. ¼ mile to (red gates) entrance on left.
To be sold as follows:
FARM 1 TRACT #1: 4 acres m/l subject to survey fronting on Brownsmill Rd, wooded tract w/big mature timber, no improvements. Prime homesite.
FARM 1 TRACT #2: 12 acres m/l subject to survey. Approx. ½ woods & ½ tillable w/improvements. Access over existing easement off Brownsmill Rd.
Improvements include a 1996, 28’x68’ 1904 sq.ft. manufactured home on a full concrete walkout basement with an attached 2 car garage with a breezeway to a detached 3 car garage. The home has vinyl siding with composition shingle roof. The home features 3 bedrooms, 2 baths, living room with vaulted ceiling & corner wood burning fireplace, kitchen/dining room & main floor laundry. The home has a covered front porch & wood deck off dining area. The home has a forced air furnace with central air, a deep well and septic.
Hilltop setting, good solid home, interior needs some TLC, do the work yourself and reap the benefits.
FARM 1 TRACT #3: Balance of the farm, deed calls for approx. 114 acres m/l we expect with new survey to be closer to 130 acres with access over existing easement off of Brownsmill Rd. Approx. 30 acres tillable & presently being farmed with balance in timber & draws, small lake, hilltop setting with 35’x48’ old hip roof barn, deer haven. Sells with 100’x100’ cellular tower lease, 5 year with 5 – 5 year extended terms with 90 day termination clause with monthly income of approx. $780/month. Exact terms of lease to be provided & tract sells subject to said lease.
Great location approx. 2 miles from City limits of Elsberry. Super recreational tract or homesite.
TRACT #4: 110 Griffin Street; Elsberry MO. Lot 43 Block 5 R.T. Elsberry SE Addition to the City of Elsberry.
Directions to Tract 4: From Hwy B & Hwy 79 in Elsberry, go south on Hwy 79 approx. 1 block to right on Griffin to 2nd place on left #110.
This was the Old Galloway Brothers site. Improvements include a storage shed, Butler grain bin & office. Corner lot fronts on Griffin & 2nd Street.
Terms: 10% down day of sale with the balance of cash at closing on or before 45 days after the sale with full possession at closing. Farm 1 Tracts 1, 2 & 3 to be surveyed, cost of survey to be split 50/50 between buyer & seller. Sales price to be adjusted to survey on Tracts 1-3 based on price bid per acre. Sale Subject to probate approval.
OWNER: ESTATE OF DALE ALAN GALLOWAY
DANE GALLOWAY, EXECUTOR
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!
On any item purchased through our auctions, we are not experts on description or authenticity of item, buyers it is your decision to purchase item as it appears day of auction.
Announcements made day of sale take precedence over any advertisement!