LINCOLN COUNTY, SD LAND AUCTION
148.85 +/- Acres, Norway Township
Friday Nov 10th, 2017 10:00 AM
SOLD FOR $9,500 PER ACRE
We will sell the following real estate at public auction at the land site, which is located at the intersection of 294th St & 479th Ave. (Norway Center); or from Alcester SD 6 ½ miles north on Hwy 11 or 8 miles west of Hudson SD on County Road 152 (294th St).
Auctioneer’s Note: This is prime farm ground in the center of one of the top agricultural areas in South Dakota. It is conveniently located near ethanol plants and grain elevators plus is only 8 miles from the Iowa border and in a corn/soybean rotation. This land is available to farm in 2018. In case of inclement weather go to www.westraatkins.com or listen to WNAX radio. Be sure to attend this sale!
The land will be offered in 3 Tracts:
Tract 1: The S½ of the NW ¼ of 22-96-49 with the final legal description and acres to be determined by a survey completed at the sellers expense. Estimated to be approximately 77 acres. According to Surety/AgriData the land has a productivity rating of 67.8 and predominate soils include: Moody silty clay loam 2-6 % slopes & Moody-Nora silty clam loams 6-10% slopes, eroded. Taxes TBD.
Tract 2: The N½ of the NW ¼ of 22-96-49 less Paulson Addition with the final legal description and acres to be determined by a survey completed at the sellers expense. Estimated to be approximately 72 acres. According to Surety/AgriData the land has a productivity rating of 68.7 and predominate soils include: Moody silty clay loam 2-6 % slopes & Moody-Nora silty clam loams 6-10% slopes, eroded. Taxed TBD.
Click HERE for Aerial Video of Tract 2
Tract 3: Will be a combination of Tracts 1 and 2 with a legal description of: W ½ NW ¼ except .37 acres RD & Paulson Addition & Lot H-4, 22-96-49, Lincoln County, SD & E ½ NW ¼ except .21 acres RD H-1, 22-96-49, Lincoln County, SD. 148.85 acres with a soil rating of .846. If sold as Tract 3 the purchase agreement will be based on 148.85 taxable acres and no survey will be completed. According to Surety/AgriData the land has a productivity rating of 68.2. The FSA estimates there is approximately 145.9 acres of cropland with a 74.4 acre corn base with a 145 bushel PLC yield and a 71.5 acre soybean base with a 42 bushel PLC yield. Taxes: $2823.44.
TERMS: 15% nonrefundable down payment the day of the auction with balance due at closing on or before Dec 10th, 2017. Title insurance and closing costs split 50/50 between buyer and seller. 2017 taxes due in 2018 to be paid by the seller. 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 owners.
Joyce M. Paulson Revocable Living Trust, Owner
Brad A. Paulson, POA
Brad Grossenburg, Closing Attorney
Joel R Westra, Broker, Beresford, SD 605-310-6941
Pete Atkins, Broker Associate, Tea, SD 605-351-9847
Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222
Phil Eggers, Broker Associate, Renner, SD 605-351-5438
Craig Atkins, Broker Associate, Tea, SD 605-351-9850
Mark Zomer, Vande Vegte Zomer Auctions, Rock Valley, IA 712-470-2526