73.36 Acres of Union County, SD Farmland—Big Springs Township

AT AUCTION

March 29, 2017—-10:30 A.M.

 

SOLD FOR $7,500 PER ACRE

 

Location: From Alcester Steakhouse—South of Alcester SD go 4 miles South on Hwy 11 to 306th St. then go 1 mile West to 478th Ave. then go approx. ¾ mile South on 478th Ave. –Land is located on West side of road–AUCTION SIGNS WILL BE POSTED!!!–

 

Auctioneers Note: We are honored to have been asked to conduct this auction for Edmond Stephens. This auction includes some Union County, South Dakota farmland only minutes from Alcester, SD. Make plans today to attend!! This land has been in this family for many years and offers an unbelievable opportunity to purchase land in this area to add to your current operation!!!

 


 

Legal Description: S ½ of the NE ¼ EXC Oliver Tract 1, Section 20, Twp 94N, Range 49W of the 5th P.M., Union County, SD—Big Springs Twp -subject to public roads and any and all easements of record.

 

General Description: This property consists of 73.36+/- gross acres according to survey. According to Union County FSA, this tract has 70.72 tillable acres. The balance of this farm consists of waterways, terraces and road and ditch. This farm has road on one side and is an inside tract of land. The predominant soil types include: MDC–Moody, MCB-Moody, CND2-Crofton, AE-Alcester and KA-Kennebec. This farm has an average county soil rating of .704. Agri Data Surety has a soil productivity rating on this farm of 65.6. This farm is classified as HEL and is in the Arc County Program. According to Union County FSA this farm has a corn base of 43.3 acres and direct and cc yield of 138 bushel. And a soybean base of 22.4 acres and a direct and cc yield of 39 bu. This farm appears to be well managed and in a good state of productivity. This property is sold subject to a Dakota Power Community Wind LLC development easement. This Union County farm would make an excellent addition to your current operation or investment portfolio. Make plans to attend!!!!

 

Method of sale:  Bid Price x 73.36 acres.

 

Real Estate Taxes: The current Real Estate Taxes according to the Union County Treasurer are $1808.42 per year Seller will pay the 2016 RE taxes payable in 2017.

 

 Possession: Possession will be April 1 2017 subject to successful closing on May 3 2017.

 

TERMS:  15% nonrefundable down payment day of sale with executed purchase agreement, with the balance due at closing on or before May 3, 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. Union County Title will act as Escrow and Closing agent. The acres in this property are based on recent survey and property will be sold based on surveyed acres.  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 seller—Phil Peterson—sellers attorney.

 

Edmond Stephens–owner

 

Auctioneers:

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428

Joel R Westra–605-310-6941

Joel A Westra–605-957-5222

Pete Atkins–605-351-9847