KNOX COUNTY, MO LAND AUCTION - KLOCKE

LOCATION Knox County, Missouri The Klocke farms are located in Colony, MO and near Baring, MO on Hwy K. The farms are further described as being located in Section 15 & 22, T63N-R10W, Colony Township, and Section 28, T63N-11W, Benton Township, Knox County, Missouri. Physical address of Tracts 1-3 is 63831 State Hwy K, Knox City, Missouri. Tract 4 is 8 Miles west of Colony and 3.5 miles east of Baring on Hwy K. SELLER Eldon & Judy Klocke Estate Karla Sanders, Rhonda Bruce and Connie Epperson - Sellers MANAGED BY Louie Zinn (319) 795-2314 Dan Sullivan OPEN HOUSE Saturday, September 20, 2025 10:00 AM - 12:00 PM GENERAL INFORMATION 186 acres (subject to survey) 4 tracts The Klocke Farms represent productive tillable cropland, well maintained pastureland, recreational/hunting, and home with outbuildings. Here is a great opportunity for farmers, investors, recreational enthusiasts or anyone looking for a rural home with acreage. TRACT INFORMATION Tract 1 - 110 acres (subject to survey) FSA records should indicate approximately 75 acres in row crop production NCCPI Rating: 63.7 Soil types include Leonard, Kilwinning, Gara, Putnam and Armstrong Land represents productive tillable cropland with the remainder in hay production and waterways Terraces in place to reduce soil erosion Access is from the east off Fair Oaks Avenue Tract 2 - 33 acres (subject to survey) FSA records should indicate 6.5 acres in row crop production Approximately 18 acres are in pasture Two ponds in place that offers ample water for livestock Great building locations with utilities in close proximity Fences in place Access from the south off Route K and access from the east off Fair Oaks Avenue Tract 3 - 4 acres (subject to survey) Beautiful small acreage with home and outbuilding Split level home (approx. 1,150 sq. ft on main level) Two bedrooms and two baths on main level Partially finished basement with bath Newer electric furnace and central air 24x24 attached two car garage Large freshly painted walk out deck on the back of home 40x45 pole barn shed with sliding doors and electricity (also 16x45 open face shed attached) Clark County Rural Water Knox County R-1 School District Open House on September 20th from 10am-Noon or by appointment only Access from the south off Route K Tract 4 - 39 acres (subject to survey) Tract represents mainly all pastureland and timber Timber and bottom near Bridge Creek would offer excellent hunting Potential building site Improved with a pond to provide water for livestock and wildlife Fences in place Access from the north off Route K and access from the west off County Road 65 METHOD & TERMS Tracts 1, 2, and 4 will be sold 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 any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. Tract 3 will then be sold 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 Knox County Abstract Company, 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 October 29th, 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.