February 18, 2020 @10:30 A.M.–Live Public Farmland Auction Of 198.14 Acres Of Farmland & 31.59 Acres Of Pastureland To Be Sold In 3 Separate Tracts–Tract 1: 89.23 Acres–Tract 2: 108.91 Acres–Tract 3: 31.59 Acres—This Farmland Is Located North Of Spink, SD & 3 Miles East Of The Interstate 29 Spink, SD Exit!–Lulda Abrahamson Revocable Trust–Owners—Tract 1 sold for $5,700.00 per acre, Tract 2 sold for $5,400.00 per acre and Tract 3(Pastureland) sold for $1,250.00 per acre!! Thank you to everyone in attendance!!

Upcoming Live Public Onsite Auction Of Multiple Tracts Of

Spink TWP, Union County, SD Farmland & Pastureland 

 

Of 198.14 Acres Of Farmland & 31.59 Acres

Of Pastureland To Be Sold In 3 Separate Tracts!

Tract 1: 89.23 Acres—Tract 2: 108.91 Acres—Tract 3: 31.59 Acres

These Tracts Are Located North Of Spink, SD &

 3 Miles East Of The Spink, SD Interstate 29 Exit!

These Properties Present A Great Opportunity!

 

Location:  From Spink, SD go 1 mile East on 313th St./HWY 48 to 474th Ave then go 3/4 Mile North on 474th Ave. to the Tracts or from the Spink, SD Interstate 29 Exit (Exit 31) go 3 1/2 miles East on 313th St./HWY 48 to 474th Ave. then go 3/4 Mile North to all the tracts. Auction signs will be posted. Watch zomerauctions.com for inclement weather! Online Bidding will also be available! Auction will be held at the site of the farmland!

 

February 18, 2020 @10:30 A.M.

 

Auctioneers Note: We are honored to have had our firm selected to offer this property for sale at live public auction for the Abrahamson family! This farmland would make a great investment or addition to your current farming operation!! Make plans today to attend this auction and purchase this tract of farmland! Call an auctioneer today to receive a full informational packet!

 

zomerauctions.com

 

TO BID ONLINE ON THIS AUCTION PLEASE CLICK HERE

ALL ONLINE BIDDING REQUESTS WILL REQUIRE APPROVAL 48 HOURS PRIOR TO AUCTION.

 

Legal Description of Tract 1: Abrahamson Tract 3 in the East Half of Section 22, TWP 93N, Range 50, West of the 5th P.M., Union County, SD AND The SE1/4 of the SE1/4 of Section 15, TWP 93N, Range 50, West of the 5th P.M., Union County, SD. Subject to all public easements and roadways of record. 

 

General Description of Tract 1: According to recent survey, this property contains 89.23 gross acres. According to FSA this tract of farmland has approx. 79 tillable acres with the remaining balance of the farm in road/ditch. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, CbE2-Crofton, Ma-McPaul, CnB-Crofton-Nora, MdC-Moody-Nora, Ca-Calco, CbF-Crofton, McB-Moody. According to Agri-Data this farm has a productivity index rating of 60.5 on the total farm and a county soil rating of .638. This farm has a corn and soybean base combined with the adjoining farmland with a PLC yield of 113bu. On corn and a PLC yield of 34 on soybeans. This farm is currently classified as NHEL. This farm will need to undergo a reconstitution on tillable acres by FSA due to recent survey. Make plans today to attend this auction and purchase this property!!! 

 

Legal Description of Tract 2: Abrahamson Tract 4 in the East Half of Section 22, TWP 93N, Range 50, West of the 5th P.M., Union County, SD. Subject to all public easements and roadways of record.

 

 General Description of Tract 2: According to recent survey, this property contains 108.91 gross acres. According to FSA this tract of farmland has approx.  105 tillable acres with the remaining balance of the farm in road/ditch. The predominant soil types include: Ae-Alcester, CnD2-Crofton-Nora, CbE2-Crofton, Ka-Kennebec, EaC-Egan-Shindler, MdC-Moody-Nora, Ma-McPaul, EnB-Enet-Dempster, CnB-Crofton-Nora. According to Agri-Data this farm has a productivity index rating of 67.8 on the total farm and a county soil rating of .695. This farm has a corn and soybean base combined with the adjoining farmland with a PLC yield of 113bu. On corn and a PLC yield of 34 on soybeans. Currently This farm has 29.88 acres classified as NHEL and has approx. 76 acres classified as HEL. This farm will need to undergo a reconstitution on tillable acres by FSA due to recent survey. This property provides a unique opportunity to add acres to your portfolio! Make plans today to attend this auction and purchase this property!!! This property will be sold subject to a surveyed perpetual 30’ wide access easement along the North property line to Tract 3(Legal: Abrahamson Tract 2) and to the adjoining landowner to the West for ingress/egress access. Contact auctioneer for details.

 

Legal Description of Tract 3: Abrahamson Tract 2 in the East Half of Section 22, TWP 93N, Range 50, West of the 5th P.M., Union County, SD. Subject to all public easements and roadways of record.

 

General Description of Tract 3: According to recent survey, this property contains 31.59 gross acres. This pastureland would make a great addition to your operation! Tracts of pastureland this size are rarely offered for sale in this area! This pastureland is an inside tract with no road acres. This property will require fencing to be installed at the buyers expense on the West and North property lines. Be sure to attend this auction if you have been in search of a great tract of pastureland!! This property provides a unique opportunity to add acres to your portfolio! Buyer of this tract will be granted a surveyed 30’ wide permanent ingress/egress easement from 474th Ave to the property lying East/West on the North property line of Tract 2(Legal: Abrahamson Tract 4). Make plans today to purchase this property!!! 

 

Method of sale: Farmland will be sold at the site of the land. Farmland will be sold with the final bid price x gross surveyed acres and will be sold in the order listed and will not be combined in any way. 

 

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $1,955.00 per year on Tract 1, approx. $2,613.00 per year on Tract 2, approx. $758.16 per year on Tract 3. Seller will pay the 2019 taxes which are due and payable in April and October of 2020. Taxes will be reassessed due to recent survey. 

 

Possession: Full Possession will be on March 1, 2020. This farm is available to farm for the 2020 crop year. 

 

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 31, 2020 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. 2019 taxes due in 2020 paid by the seller. 2020 taxes due in 2021 to be paid by the buyer. Union County Abstract & Title will act as Escrow and Closing agent. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statutes.. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.

 

Lulda Abrahamson Revocable Trust–Owner

 

Auctioneers and Brokers:

Mark Zomer-712-470-2526—-Darrell Vande Vegte-712-476-9443

Joel Westra—605-310-6941—Joel Westra Jr.—605-957-5222

 

 

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  • Listing Status: Sold