SCOTLAND COUNTY, MO LAND AUCTION - WELLS

LOCATION Scotland County, Missouri Tracts 1, 2, and 4 are located approx. 1.5 miles south of Bible Grove, MO on Old Trail Road/County Road 355. Physical Address of Tract 1 is 28065 County Road 355, Baring, Missouri. Tract 3 is located in Bible Grove, MO on State Route T and County Road 357. All tracts are approx. 15 miles southwest of Memphis, MO and 20 miles northwest of Edina, MO. The land is further described as being located in Sections 13, 24 & 25, T64N-R13W, Mount Pleasant Township, Scotland County, Missouri, Scotland County, Missouri. SELLER Wells Ranch Bruce E. Wells MANAGED BY Louie Zinn (319) 795-2314 Jim Huff (319) 931-9292 OPEN HOUSE Friday, October 17 11:00 AM - 2:00 PM Friday, October 24 11:00 AM - 2:00 PM GENERAL INFORMATION 183 acres (subject to survey) 4 tracts The Wells Ranch represents some of the most scenic views, productive tillable, and finest rural living in northeast Missouri. The breathtaking 5,250 square foot custom built home and shop with living quarters sitting on approx. 40 acres has all the amenities to provide many lasting memories. The property has well maintained fencing throughout with the cattleman in mind. The tillable tracts are comprised of a variety of productive soils. All tracts sell free and clear for 2026. Multiple insulated and heated outbuildings, horse stables, ponds, great hunting, and excellent views. There are just too many features to list. The pictures and descriptions do not do it justice. Please make plans to view all of these tracts! TRACT INFORMATION Tract 1 - 39 acres (subject to survey) Custom built brick home constructed in 2007 Home includes 4 bedrooms and 4 baths with a fully finished basement Approx 5,250 square feet of living space in the home Attached 2-car garage with an extended concrete pad in front 60 x133 x16 shop with living quarters that includes heated floors 60x 80 horse barn with tack room Three ponds Excellent exterior/ interior fencing & cattle working facility Hunting & recreational opportunities Access from the west off Old Trail Road/County Road 355 Tract 2 - 116 acres (subject to survey) FSA records should indicate approx. 99 acres of cropland Currently 86.65 acres in row crop production with the remainder in hay NCCPI Rating: 82.5 Soil types include Arbela, Fatima, Gifford, Chariton, and Lindley Great hunting opportunities along the South Fork Middle Fabius River Excellent exterior/ interior fences Access from the west off Old Trail Road/County Road 355 Tract 3 - 22 acres (subject to survey) FSA records should indicate 17.9 acres of cropland NCCPI Rating: 71.6 Soil types include Edina, Gorin and Lindley Improved with a hoop storage building Beautiful stocked pond on the northeast corner Excellent building location Access from the south and east off State Route T and County Road 357 Tract 4 - 6 acres (subject to survey) Nice small acreage with improvements 40 x 80 heated and insulated storage building 60 x 80 horse barn with storage space Great building site with all utilities present Excellent exterior fencing Access from the west off Old Trail Road/County Road 355 METHOD & TERMS The Wells Ranch property will be sold in (4) individual tracts. Tract 1 will be sold first for sold for a lump sum total dollar amount. Tracts 2 and 3 will be sold next on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both of the tracts for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract will then be sold. Tract 4 will be sold last for a lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to Scotland County Abstract, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Tuesday, December 30, 2025. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2025 crop income and the 2025 real estate taxes will be paid by the seller. Buyer(s) will be responsible for all subsequent real estate taxes. Open lease for 2026 crop year and beyond. No hunting lease in place. Possession at closing, subject to removal of crops by the current tenant. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. Closing & Title Work: Scotland County Abstract 205 E Monroe St, Memphis, MO 63555 | (660) 465-7052 Auction Managers: Louie Zinn (319) 795-2314 Jim Huff (319) 931-9292