125 +/- Acres of Brooklyn Township, Lincoln County SD Land at Auction Thursday March 28th 11:00 AM Sold for $7400 per acre
March 5, 2013 in Sale Results
LINCOLN COUNTY, SD LAND AUCTION
125+/- Acres Brooklyn Township
Thursday, March 28, 2013 11:00 AM
Sold for $7400 per acre
We will sell at public auction at the land site located from I-29 at Beresford SD: 4 ½ miles west on SD Hwy 46, then 1 ½ miles north on 466th Ave.
UPDATED INFORMATION: The survey of the property has been completed and the actual acres to be sold will be 121.368 acres. Updated legal description posted below and a copy of the survey can also bee seen below. Stakes have been placed on the property showing the boundary lines around the hog unit not included in this sale.
Auctioneers note: Here is an opportunity to own a highly productive parcel of prime Lincoln County farm land that has been in the Henderson family since 1963 and it is available to the new owner to farm in 2013. For the past 15 years the property has had manure applied in accordance with SD manure nutrient management plan. The buyer may also have the opportunity to purchase manure in future years for application on the property. The land has been fall tilled and fertilized for corn at no cost to the buyer and approximately 32 acres of the property has been seeded with winter wheat. The predominate soil is Wentworth-Chancellor silty clay loam. The land has an excellent soil rating of .860 and according to Surety/AgriData, the overall productivity index is 84.7. According to the FSA there are approximately 120.6 acres of cropland with a 58.6 acre corn base/ 82 bushel yield/ 99 CC yield and a 34.6 acre soybean base / 30 bushel yield/ 36 bushel CC yield. Taxes: TBD. If you are looking to expand your current operation or considering land as an investment, don’t miss this auction!
Legal Description: NE ¼ Except the south 455’ of the east 1630’ thereof, less Henderson Tr 1 and less Lot H-1, 29-96-51 Lincoln County, SD.
TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before May 10, 2013. Buyer will receive possession of the property the day of the auction. Title insurance and closing costs split 50/50 between buyer and seller. 2012 taxes due in 2013 paid by the seller. 2013 taxes due in 2014 to be paid by the buyer. The acres in this property will be based on a survey to be completed prior to the auction 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.
Click on the following links for more information: