iAuction Terms & Conditions

1. Procedure: Bidding ends Wednesday, September 14, 2022 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract. All bids placed are by the Acre. 

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price.

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, September 15, 2022 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. BIDDING: Once submitted, a bid cannot be retracted. 

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, October 20, 2022.

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title. 

10. REAL ESTATE TAXES: The 2022 Real Estate taxes to be paid by the Sellers. 

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. This property is subject to prior sale. 

Franklin Co., MO Land iAuction – Heitz farm

Open house Saturday, September 10^th 10AM to 12PM.  

Bidding ends Wednesday, September 14^th at 10:00 AM. 

These beautiful and serene 47±   flat to gently rolling acres are located near Lonedell in Franklin County Missouri.  These parcels have majestic build sites and recreational opportunities and are located only 10 miles from St. Clair and roughly one hour from St. Louis.  These 47± acres will be offered at iAuction in 2 tracts. 

Tract 1: The 19± acre parcel has direct access from paved Highway 47 and has electricity, a well, and a small barn with concrete floor that will need renovation to be usable.  The tree lined drive brings you to the barn and opens up to the cleared 8± acres of pasture and are surrounded by 7± acres of mature timber along the edges of the property. This allows you to hunt the wind from any of the four corners.  There is also a small pond on this parcel further adding to park like setting.  The 8± acres of pasture are currently being bailed for hay production. 

Tract 2: The 28± acre parcel has access from Project Road on the north side of the property.  This parcel boasts roughly 16± acres of pasture that is currently being used for hay production and 12± acres of mature timber.  The parcel also has a small pond as well.

Here you are close to Robertsville State Park where you can boat, fish, and float the beautiful Meramec River.  The park also has camping and hiking trails.  Day excursions could take you to the Shaw Nature Reserve, Purina Farms, and the beautiful Meramec Caverns State Park.   

This property is ready for you to build your Shouse, your toy barn, your forever home, and is an excellent development opportunity.  You can put up stands, cultivate food plots in the established pasture, hunt, ride ATV’s, and have your very own horse farm.  Working from home on this property is a dream come true with a short commute to St. Louis when necessary.  Within an hour, you can be at your own slice of heaven!

For more information call or text Dean Cochran 314-852-3621.