iAuction Terms & Conditions

1. Procedure: Bidding ends Wednesday, February 21, 2024 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, February 22, 2024 (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, March 28, 2024.

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 2024 Real Estate taxes to be paid by the Buyers. 

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. All announcements made day of sale take precedence over prior advertising either written or oral.  This property is subject to prior sale. 

Pike County, MO Land for Sale at iAuction – Kerns Century Farm

Bidding Ends Wednesday, February 21^st at 10AM. 

Sellers: Leo & Marsha Kerns, Virginia Faye Inlow, and Leverenz Brothers

Welcome to the Kerns Century Farm in Pike County, MO just south of Bowling Green on Highway 61. This 224± acres are being offered in 4 tracts and represents some of the finest tillable land in the area. The Farm Service Agency figures there to be 182.80 acres of cropland with the balance in woods, waterways, and 2 small ponds. Along with the highly productive cropland this land offers some excellent hunting, recreation, and homesites. The farm is being sold free and clear of any and all tenants and leases. Location, Location, Location! Opportunities like this rarely come along in this area. Don’t miss out! It could be another 100 years before this land is offered to the public. 

For more information call or text Jason Cleveland 636-751-4579 or Jason Wallingford 314-882-6971. 

Tract 1: 36± acres of highly productive cropland consisting of Class “A” soils Putnam and Mexico silt loams. Highway 61 frontage with Cuivre River Electric and rural water nearby. 

Tract 2: 18± acres of highly productive cropland consisting of Class “A” soil Mexico silt loam. Highway 61 and Highway HH frontage with Cuivre River Electric and Ameren Electric and rural water nearby. 

Tract 3: 30± acres of highly productive cropland consisting mostly of Armstrong 3-7 loam and Mexico silt loam. Approximately 23 acres of terraced tillable land with the balance in wooded draws. Highway 61 frontage with Ameren Electric and rural water nearby. 

Tract 4: 140± acres of highly productive cropland consisting mostly of Mexico silt loams and Armstrong 3-7 loam. Approximately 100 acres of tiled and terraced tillable land with the balance in wooded draws and 2 small ponds stocked with bass and bluegill. This tract offers good hunting, recreation and homesites. Ameren Electric and rural water nearby.