LINCOLN COUNTY, SD LAND AUCTION
129.16 +/- Acres Canton Township
Acreage, Cropland & Pasture
Thursday, Feb 23, 2017 10:30 AM
SOLD FOR $5,650 PER ACRE
We will sell the following real estate at public auction at the landsite located at 28471 480th Ave, Canton, SD or from Canton, 2 ½ miles south on 480th Ave.
This land offers an opportunity to purchase productive southeast South Dakota land that has been in the Holter family since 1868. Great location, just south of Canton that includes an acreage site, cropland and pasture. The land is in a corn/soybean rotation and is available to the new owner for the 2017 crop year. According to the FSA there are 65.7 acres of cropland, 37.2 acre corn base / 122 bushel per ace PLC yield, 18.5 acre soybean base / 34 bushel per acre PLC yield. According to Surety AgriData the land has a productivity rating of 80.6. Predominate soils include: Alcester silty clay loam, 0-2 percent slopes; Lamo silty clay loam, cool, 0-2 percent slopes, occasionally flooded; Egan-Shindler complex, 6-9 percent slopes. Taxes: $3642.48. The acreage includes a ranch home built in 1953, 728 finished square feet, 2 beds, 1 bath, rural water and a 1 ½ story home built in 1874 (not lived in). Other buildings include: open front cattle shed, milking barn, open front machine shed and granary. The property will be sold as one unit. Acreage viewing on Feb 4th and 11th from 10:30-12:00.
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Legal Description: S ½ NE ¼ and N ½ SE ¼ except Holter’s Addition and SE ¼ SE ¼ except Holter’s Tract 2, 34-98-49, Lincoln County, SD
TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before March 28, 2017. Title insurance and closing costs split 50/50 between buyer and seller. 2016 taxes due in 2017 paid by the seller. 2017 taxes due in 2018 to be paid by the buyer. The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”. The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. The property is sold in as is condition and as a cash sale with no financing contingency. Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided. Statements made the day of sale take precedence over all written advertising. Real Estate licensees are agents for the seller. Sold subject to confirmation of owner.
Julian and Verna Holter, Owners
Jerome E Holter, POA
Joel R Westra, Broker, Beresford, SD 605-310-6941
Phil Eggers, Broker Associate, Renner, SD 605-351-5438
Pete Atkins, Broker Associate, Tea, SD 605-351-9847
Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222
Mark Zomer, Vande Vegte Zomer Auctions, Rock Valley, IA 712-470-2526