155.13 Acres Clay County, SD Farmland
Pleasant Valley Township Located North of Vermillion, SD
November 29, 2017—-10:30 A.M.
SOLD FOR $6,100 PER ACRE
Location: from the Intersection of Hwy 50 and Hwy 19 in Vermillion, SD go North 10 ½ miles North on Hwy 19/462nd Ave. Land is located on East side of Hwy 19-AUCTION SIGNS WILL BE POSTED!!!
Auctioneers Note: We are honored to have been asked to conduct this auction of the Hesla family land which has been in the Hesla family for decades. This auction provides opportunity to purchase excellent High Quality Clay County, South Dakota farmland only minutes from Vermilion SD with great highway access. Make plans today to attend!! This land auction offers an unbelievable opportunity to purchase land in this area to add to your current operation!!!
Legal Description: The NW ¼ of Section 26, Twp 94N, Range 52W of the 5th P.M., Clay County, South Dakota, EXCEPT Hesla Tract 1 and Lot H2 -subject to public roads and any and all easements of record.
General Description: This is an excellent Clay County, SD Farm-Locally this is known and is notably one of the Higher producing Quality Farms!! The soil has very high productivity ratings. Agri Surety Data has a soil productivity rating on this farm of 86.1. This property consists of 155.13+/- gross acres according to Clay County Assessor.. According to Clay County FSA, this tract has currently 132.48 acres currently under tillage. The balance of this farm consists of CRP land and road and ditch. This farm has great access with Hwy 19 on the West side. The predominant soil types include: EbA-Egan Clarno Chancellor, DkA-Davison-Tetonka-Egan, EpD-Ethan-Bon and EhA-Egan Trent. This farm has an average county soil rating of .750. This farm is classified as non-HEL and is in the Arc County Program. According to Clay County FSA this farm has a corn base of 67.52 acres and direct and plc yield of 118 bu. and a soybean base of 67.52 acres and a direct and plc yield of 32 bu. There has not been a certified wetland determination done on this property. This farm appears to be well managed and in a good state of productivity. This farm has 17.9 acres in CRP—5.70 acres with contract period ending in 9-30-2021 with an annual payment of 634.00, 10.39 acres with contract period ending in 9-30-2020 with an annual payment of $1,401.00 and 1.81 acres with contract ending on 9-10-17 with an annual payment of $214.00. This Clay County farm would make an excellent high production addition to your current operation or investment portfolio. Make plans to attend!!!!
Method of sale: Bid Price x 155.13 acres.
Real Estate Taxes: The current Real Estate Taxes according to the Clay County Treasurer are $5,292.84 per year. Seller will pay the 2017 RE taxes payable in 2018.
Possession: Possession will be March 1, 2018.
TERMS: 10% nonrefundable down payment day of sale with executed purchase agreement, with the balance due at closing on or before February 15, 2018. Owners Title insurance and closing fee split 50/50 between buyer and seller. 2017 taxes due in 2018 paid by the seller. 2018 taxes due in 2019 to be paid by the buyer. Clay County Title will act as Escrow and Closing agent. The acres in this property are based on County taxable acres and property will be sold based on County taxable 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 sellers—Maureen McGill Hoogeveen—sellers attorney –James Peter Hesla-Personal representative
Ruth Arleen Hesla Estate—owner
Darrell Vande Vegte-712-726-3428
Joel Westra Jr.—605-957-5222