Upcoming Public Land Auction
40 +/- Acres Of Union County, SD Farmland—Big Springs Township- Located Southeast of Alcester, SD
Monday, November 27, 2017—-10:30 A.M.
SOLD FOR $7,600 PER ACRE
Location: From Alcester Steak House-Located on the South edge of Alcester, SD-go 6 miles South on SD HWY 11 to 308th St. and then go 2 and ¾ miles East on 308th St. Farm is located on South side of 308th St. AUCTION SIGNS POSTED!!!!! For inclement weather watch zomerauctions.com. Auction will be held at the site of the land.
Auctioneers Note: We are honored to have been asked to conduct this auction of the Johnson family land which has been in the Johnson family for many years. This auction provides opportunity to purchase Union County, South Dakota farmland only minutes from Alcester, SD. 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 the NE ¼ of Section 36, Township 94 North, Range 49, West of the 5th P.M., Union County, SD. Subject to public roads/ROW and any and all easements of record.
General Description: This farm has approx 40+/- gross acres. This property consists of 40+/- gross acres according to the Union County Assessor. According to Union County FSA, this tract has currently 38.48 tillable acres. The balance of this farm consists of road and ditch and small tree area. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, CbE2-Crofton, Ca-Calco, MdC-Moody-Nora. This farm has an average county soil rating of .617. Agri Surety Data has a soil productivity rating on this farm of 57.5. This farm is classified as HEL and is in the Arc County Program. According to Clay County FSA this farm has a corn base of 19.30 acres and direct and plc yield of 113 bu. and a soybean base of 17.80 acres and a direct and plc yield of 45 bu. This farm appears to be well managed and in a good state of productivity. 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 40 acres. Auction will be held at the site of the land.
Real Estate Taxes: The current Real Estate Taxes according to the Union County Treasurer are $838.36 per year. Seller will pay the 2017 RE taxes payable in 2018.
Possession: Possession will be March 1, 2018.
TERMS: 15% nonrefundable down payment day of sale with executed purchase agreement, with the balance due at closing on or before December 28, 2017. 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. Union County Abstract & Title will act as Escrow and Closing agent. The acres in this property are based on County acres and property will be sold based on County gross 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—James N. Daane—sellers attorney
Vincent T. Johnson Estate Heirs-Owners
Co-Administrators for Estate: Tim Johnson, Janice Ryan, Diane L. Smith
Darrell Vande Vegte-712-726-3428
Joel Westra Jr.—605-957-5222