February 7, 2013 – 120 Acres of Lincoln County, SD Farmland – Sold for $11,150.00

LINCOLN COUNTY, SD LAND AUCTION
120 Acres +/- Lincoln Township
THURSDAY, Feb 7, 2013 11:00 AM

I’ve had the opportunity to purchase land closer to my dairy operation in Turner County and so I will offer the following real estate that has been in my family’s name since the 1940s at public auction at the land site located from Canton, SD: 6 miles west on SD Hwy 18 and 4 ¼ miles south on 474th Ave. or from I-29 Davis-Hurley Exit #59: 3 ½ miles east on 285th St and 1 ¼ mile south on 474th Ave.

This is an excellent opportunity to purchase prime productive Lincoln County, South Dakota farmland located 3 ½ miles east of Interstate 29 and 8 miles west of the Iowa border. Over 40,000 ft of pattern tile was recently installed. (See website for tile map). In addition, with approval from the Corps of Engineers, the former waterway system was re-directed to improve the farm. The land is in a corn-soybean rotation, has been fall tilled at no cost to the buyer, and is now available to the new owner for the 2013 crop year. Predominate soils include Wentworth-Chancellor silty clay loams and Chancellor-Viborg silty clay loams. The land has an excellent soil rating of .849and according to Surety/AgriData, the overall productivity index is 85.5. According to the FSA there are 118.7 acres of cropland with a 57.1 acre corn base/ 83 bushel yield/ 133 CC yield and a 57 acre soybean base / 29 bushel yield/ 35 bushel CC yield. Taxes: $2,222.58. If you are looking to expand your current operation or considering land as an investment, don’t miss this auction!

Legal Description: S ½ NE1/4 & N ½ N ½ SE ¼ 10-97-50 Lincoln County, SD

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before March 25, 2013. 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 Corps of Engineers’ permit (copy available upon request) will be transferred from the seller to the buyer with a final requirement that the new owner plant a grass buffer strip along-side the new waterway located on the western edge of the property. 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 owner.

 

Desmond Miller, Owner

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

Joel R Westra, Broker, Beresford, SD 605-310-6941

Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222

Pete Atkins, Broker Associate, Tea, SD 605-351-9847

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

  • Lot Size: 120 Acres 
  • Listing Status: Sold 
  • Address: 28658 474th Avenue, Worthing, SD 57077, USA