No Reserve Auction: 4 Bedroom Home & 6 Outbuildings On 5 Acres | Polo, MO

This 5 Acre Property Sells to the Highest Bidder, Regardless of Price


No minimum bid on this well maintained 4BR, 1 BA home on 5 well manicured and heavily treed acres plus six outbuildings. Anderson windows, newer roof and HVAC. Crown molding, 6-in baseboards. Non-conforming 5th BR. Sells without a reserve.

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Begins: 04/21/17 at 10:00 AM CDT
Location: 38548 Highway D, Polo, MO 64671

OPEN HOUSE: SUNDAYS, 4/9 & 4/16; 2-4PM

38548 Highway D, Polo MO  64671

No minimum bid on this well maintained 4BR, 1 BA home on 5 well manicured and heavily treed acres plus six outbuildings. Anderson windows, newer roof and HVAC. Crown molding, 6-in baseboards. Non-conforming 5th BR. Sells without a reserve.

 

MAIN LEVEL:

Formal Dining Room: (14×10) Ceiling fan, enters to kitchen and family room, closet, carpeted

Kitchen: (13×8) Ceiling fan, Haier refrigerator, Whirlpool glass top electric range/oven, two built-in desk areas, glass front cabinet doors, huge pantry, vinyl flooring

Hearth Room: (14×9) Ceiling fan, gas fireplace with brick surround and hand-crafted oak mantel, crown molding, 6-in baseboards, laundry closet with washer and dryer hook-ups and cabinets above, wall of windows, vinyl flooring

Mud Room: (9×7) Closet, exhaust fan, carpeted

Family Room: (17×15) Ceiling fan, arched entryway, carpeted

Master Bedroom: (17×12) Two walk-in closets, center ceiling medallion, windows on two walls, carpeted

Hall Full Bath: Single vanity, shower/tub combination, tons of cabinets, 6-in baseboards, vinyl tile floor

 

UPPER LEVEL:

Bedroom 2: (16×13) Ceiling fan, windows on 2 walls, large walk-in closet, baseboard heater, wood floors

Bedroom 3: (17×13) 6-inch baseboards, baseboard heater, windows on 2 walls, wood floors

Bedroom 4: (14×14) Ceiling fan, large closet, one window, wood floors

Bedroom 5 (Non-conforming) (14×11) Baseboard heat, windows on 2 walls, wood floors

 

OUTBUILDINGS:

Workshop: (30×22) Single garage door, concrete floor, electricity, heated, 2nd and 3rd level for additional storage, built-in shelves and cabinets, pedestrian door, new roof

Detached Garage: (22×18) 1 car space, concrete floors, electricity, new garage door, new roof

3-Stall Pole Barn: (36×36) Concrete floors, electricity, lean to, built by the Amish

Gazeebo Style Garden House: (8×8) Concrete floor, electricity

Horse Barn: (18×9) Concrete floor

Two-Story Stable: (15×12) Concrete floor, garage door, double pedestrian doors

Storm Shelter

 

FEATURES:

No minimum bid!

5 Acre +/-

Anderson windows

Vinyl siding

6 outbuildings

Kitchen appliances stay

Newer HVAC (2014)

Newer roof on garage and workshop (2016)

Water purifier

One-year home warranty!

 

FAST FACTS

Architecture:  Traditional

Plan:  1.5 story

Exterior:  Vinyl siding

Living Area:  2,135 sq. ft. (per county assessor)

Bedrooms:  4 (plus one non-conforming)

Bath:  1

Kitchen: Haier refrigerator, Whirlpool glass top electric range/oven

Other Rooms:  Family room, hearth room, formal dining room

Flooring:  Carpet, vinyl, wood

Heating:  Forced air gas (propane)

Cooling:  Central electric

Hot water heater:  Electric

Roof:  Composition

Water source:  City

Sewer source:  Septic

Warranty:  One year

Reserve: None

 

Legal Description:
SOUTH 330′ OF E1/2 OF NW1/4 NE1/4 LESS & EX. R/W ADJ. ON SOUTH

Per the published auction terms, this property is available for sale prior to the auction. To qualify, all pre-auction offers must meet all auction terms and be submitted on the provided Cates Real Estate Sale Contract along with the required deposit. All qualifying offers will be presented to the Seller for a timely response. Please contact our office for assistance if needed.

Disclosure: This property is under continuous video surveillance.

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address.  Online bidders must also provide a credit card to register.  By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 5% non-refundable down payment of the total purchase price immediately following the close of bidding.   Cash, cashier’s check or personal/business check will be accepted from onsite bidders.  Bank wire will also be accepted from online bidders.

 

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

 

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

 

CLOSING:

Buyer(s) shall close within 45 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.

 

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES & ASSESSMENTS:

2017 taxes are to be prorated as of the closing date.

 

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

 

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

 

BUYER’S PREMIUM:

A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

 

I-35 to exit 40, east on MO-116 to HWY 13, south approximately 6 miles to D HWY, west on D to 38548 on right. Follow signs. 
NOTE: Some mapping systems take you to the wrong location. Use GPS coordinates (39.463676, -94.028452) for accurate location.

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