Dec 3, 2015-150 Acres of Turner Twp, Turner County SD–Larry and Sue Olsen Owners—Highly Productive Farm Sold in Two Tracts.–Tract 1 Sold For $6450.00 Per Acre–Tract 2 Sold For $6700.00 Per Acre—Thanks to all the bidders!!!
We will sell the following real estate at public auction at the Tract 2 landsite located from Davis, SD, ¼ mile west on SD Hwy 18 3 miles south on 460thAve.
Here are two outstanding tracts of land in Turner County SD. This land is highly productive with excellent soils and is available to the new owner for the 2016 crop year. The land is currently in a corn/soybean rotation and Tract 2 includes extensive tiling and a possible home/acreage site with a tree grove. Don’t miss this auction if you are looking to expand your current farming operation or purchase as an investment.The land will be offered in 2 tracts and the tracts will not be combined.
Tract 1: Abbreviated Legal Description: W ½ SW ¼ 9-97-52 less building site/acreage estimated at 9 acres. Selling approximately 70 acres however final legal description and acres to be determined after survey of acreage. Buyer will be purchasing number of acres based on survey. Located from Davis, SD, ¼ mile west on SD Hwy 18 and 1 ½ miles south on 460th Ave. According to the Turner County Director of Equalization the land has a county soil rating of .862. According to Surety/AgriData predominate soils include: Wentworth-Chancellor-Wakonda silty clay loams and Egan-Trent silty clay loams with a productivity Index of 86.1. This tract includes 8 acres of CRP on the south end of the property with the CRP contract expiring in October of 2016. The seller will retain the final CRP payment, but in exchange for succession to the CRP contract for the 1 remaining year, the seller will allow the new owner to farm the tillable land that is not selling located adjacent to the acreage rent free for 2016. This is estimated at 8+ acres. Base acres of corn and soybeans will be prorated based on cropland and to be determined by FSA after the sale of the land. Tract is enrolled in the ARC-CO for the current farm bill. Vested drainage rights filed. Tract does not contain any restricted Wetlands (W). All areas are considered Prior Converted (PC) and are without restriction, according to NRCS. Taxes TBD.
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Tract 2: Legal Description: E ½ NE ¼ 20-97-52 Turner County, SD. 89 +/- acres however final legal description and acres to be determined after survey of land. Buyer will be purchasing number of acres based on survey. Located from Davis, SD, ¼ mile west on SD Hwy 18 and 3 miles south on 460th Ave. This tract is located one mile south of the southwest corner of Tract 1. According to the Turner County Director of Equalization the land has a county soil rating of .675. According to Surety/AgriData predominate soils include: Egan-Ethan complex 2-6% slopes and Chancellor silty clay loam and a productivity rating of 79.1. According to the FSA there are 84.02 acres of cropland with an 84 acre corn base. Tract is enrolled in the ARC-CO for the current farm bill. The land includes extensive tiling, tile map available on our web site or by request. Vested drainage rights filed. Tract does not contain any restricted Wetlands (W). All areas are considered Prior Converted (PC) and are without restriction, according to NRCS. This tract includes 2014 Taxes: $1,077.54.
TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before January 15, 2016. Title insurance and closing costs split 50/50 between buyer and seller. 2015 taxes due in 2016 to be paid by the seller. 2016 taxes due in 2017 to be paid by the buyer. The acres sold in each Tract to be determined by survey 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.
Larry and Sue Olsen, Owners
Pete Atkins, Broker Associate, Tea, SD 605-351-9847
Joel R Westra, Broker, Beresford, SD 605-310-6941
Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222
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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Mark is a licensed Real Estate Broker and Auctioneer in Iowa and South Dakota. He is also co-owner of Vande Vegte & Zomer Realty & Auction Inc. and founder of Zomer Auctioneering and Associates. Mark enjoys working one-on-one with our customers and specializes in all kinds of Residential, Acreage, Estate, and Commercial Auctions with an emphasis on Farmland. He is always up to date on the cutting edge of technology with live and online auctions. Mark has had his real estate license for over 20 years.