iAuction Terms & Conditions 

1. Procedure: Bidding ends Wednesday, May 10, 2023 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All Bids are placed by the Lump Sum!   

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, May 11, 2023 (hand delivered, faxed, or scanned and emailed). 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, June 15, 2023. 

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 2023 Real Estate taxes to be paid by the Buyer(s).  

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. 

Montgomery County, MO Real Estate iAuction – Kummer-Brown Property 

Property Preview Saturday, April 29^th 10AM to 12PM.  

Bidding Ends Wednesday, May 10^th at 10AM.  

Positively Sells to the Highest Bidder! 

Welcome to this beautiful, private property in Montgomery County, MO, situated near the charming towns of Wellsville and Middletown. This property boasts 15± acres of picturesque land that offers plenty of space for a wide range of outdoor activities. 

Nestled on this beautiful rolling acreage is a lovely 3-bedroom, 2-bath home that sits on a walkout basement. The home features an open floor plan that provides plenty of room for friends and family. You'll appreciate the spacious bedrooms, large kitchen & breakfast room that is open to the living area… great for entertaining! 

The home also comes with a machine shed with a concrete floor & electric that provides ample space to store your vehicles, equipment, and off road toys! Additionally, there is a storage shed that provides even more storage space, ensuring that you'll have plenty of room for all your belongings. 

One of the highlights of this property is the stocked pond, which is perfect for fishing, swimming, and relaxing. This serene pond is a great place to unwind and enjoy the peaceful natural surroundings. 

Overall, this property is an excellent opportunity to own a slice of paradise in Montgomery County, MO. With its lovely home, ample storage space, and all the outdoor amenities, this property is sure to impress. Don't miss out on the chance to make it yours! 

Also being offered is the chattel which consists of a Kubota L3800 with an LA524 loader, Land Pride 6’ Finish Mower, Land Pride 6’ Box Blade, Woods 6’ Blade, and HLA 1000 6’ Snow Blade.  

For more information call or text Eric Merchant at 314-541-1218.