April 23, 2020 10:30 AM — Sanborn County, SD, 480 +/- Acres Pastureland — Jerome Ollerich & James Ollerich, Owners

We will sell the following real estate at public auction at the landsite:

From Fedora: 6 miles north on 421 ave., 4 miles west on 227th st., 1/2 mile south on 417 ave.

From Carthage: 3 miles west on 222 st., 5 miles south on 421 ave., 4 miles west on 227th St., 1/2 mile south on 417 ave.

Auctioneers Note: This is an excellent opportunity to purchase eastern South Dakota pastureland in Sanborn County. The 480 acres will be offered as one tract and is available to the new owner for the 2020 year. The 480 acres are contiguous and includes a King Brook Rural Water pasture tap, flowing well, stock dam, creek, permanent corral, 1 ¼ miles of new 4 strand barbed wire fence, with the balance of the fence in fair condition. The pasture has been well managed and not over grazed. 320 acres of the land is located in the W ½, 13-107-59, Sanborn County SD. According to information from Surety/Agridata this parcel has a productivity rating of 55.9 and has an average soil rating of .622. The remaining 160 acres is located in the SW ¼ 12-107-59, Sanborn County SD. According to information from Surety/Agridata this parcel has a productivity rating of 42.1 and has an average soil rating of .580. Predominate soils on the 480 acres include Hoven Durrstein silt loams, 0-2 percent slopes; Lamo silty clay loam, and Houdeck-Dudley complex, 2-6 percent slopes. The land has a perpetual grassland easement administrated by the US Fish and Wildlife Service. Taxes: $3877.66.

 

Legal Description: SW ¼, 12-107-59, Benedict Township, Sanborn County, SD (160 Acres) & W ½, 13-107-59, Benedict Township, Sanborn County, SD (320 Acres)

 

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Vande Vegte Zomer Realty & Online Bidding

 

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Terms: 15% nonrefundable down payment day of sale with the balance due at closing on or before May 22, 2020. Possession at closing. Title insurance and closing costs split 50/50 between buyer and seller. 2019 taxes due in 2020 to be paid by the seller. 2020 taxes due in 2021 to be paid by the buyer. 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 seller does 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. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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. The sellers will be completing a 1031 Exchange as part of the sale at no additional expense to the buyer. Sold subject to confirmation of owner.

CLICK HERE FOR FSA MAPS

Jerome Ollerich & James Ollerich, Owners

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

Craig Atkins, Broker Associate, Tea, SD 605-351-9850

Phil Eggers, Broker Associate, Renner, SD 605-351-5438

Mark Zomer, Vande Vegte Zomer Auctions, Rock Valley, IA 712-470-2526

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  • Listing Status: LiveAuction