December 11, 2018 @ 10:30 A.M.–Live Auction Of 177.86+/- Acres Of Dayton TWP, Lincoln County SD Farmland & A 62.25+/- Acre Acreage Retreat/Pastureland All Located 3 1/2 Miles North Of Canton, SD & 15-20 Minutes From Sioux Falls, SD—Larson Family Trust–Owners—Farm #1 Sold For $9200.00 per acre!! Farm #2 Sold for $7700.00 Per Acre!!! Farm #3 Sold for $7,000.00 per Acre!!! and Farm #4 Sold for $8,100.00 Per Acre!!! Thanks to the very Large crowd in attendance!!!!!

Upcoming Live Public High Caliber 177.86+/- Acre Lincoln County SD Farmland Auction

& 62.25 Acres Of Pastureland/Building Site Located Only Minutes From Sioux Falls, SD

Of 177.86 +/- Acres of Dayton TWP, Lincoln County, SD Farmland To Be Sold In 3 Separate Tracts & A 62.25+/- Acre Acreage Retreat/Pastureland To Be Sold As One Tract—-Located 3 Miles North Of Canton, SD & 15-20 Minutes From Sioux Falls, SD

December 11,2018 @10:30 A.M.

Location: 27828 481st Ave. Canton, SD 57013 or from the Canton SD Firehall & Stoplight on US HWY 18 go 3 1/4 miles North on County Rd 135/481st Ave. to Property #1, then go ¼ mile further North to Property #2, then go ¼ mile further North to Property #3, then go ¼ mile further North to Property #4. All of the properties are located on the East side of County Rd 135/481st Ave. Auction signs will be posted! Auction will be held at site of the land. For inclement weather watch zomerauctions.com

“Your Farmland Specialists” zomerauctions.com

Auctioneers Note: We are honored to offer this excellent Lincoln County, SD Farmland and Acreage/Pastureland on a live onsite public auction! This land has been in the Larson Family for many years and has not been offered for sale to the public until now. This farmland is a great producer. Wow this acreage site and pastureland has it all with a great location on a hard surface road only minutes from Sioux Falls/Canton, SD to build your dream property or add to your current operation!! Make plans today to attend this auction!!!

Abbreviated Legal Description of Property #1: The W1/2 of the SW1/4 of Section 36, Township 99N, Range 49, West of the 5th P.M., Lincoln County, SD. Subject to all public roads and easements of record.

General Description of Property #1: According to the survey this tract of farmland contains 80.05+/- gross acres According to the survey this farm contains approx. 77.07+/- tillable acres with the remainder in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC of 134 bu. on corn and a PLC of 39 bu. on soybeans. FSA will do a reconstitution on base acres after farm is sold. This farm is classified as NHEL. This farm is in the Arc county farm program. The predominant soil types include: WeA-Wentworth, Ca-Chancellor-Tetonka, Cd-Chancellor-Viborg, WhA-Wentworth-Chancellor. According to Agri-Data the productivity index rating is 91.4 and the county soil rating is .916. This is a high quality farm with excellent soils with half mile rows. Property contains 2 rural housing eligibilities by permitted use. Make plans today to attend this auction!!!

Abbreviated Legal Description of Property #2: The NW1/4 of Section 36, Township 99N, Range 49, West of the 5th P.M. EXCEPT Tracts 1, 2 & 3 of Larson's Addition, all located in Lincoln County, SD. Subject to all public roads and easements of record.

General Description of Property #2: According to the survey this tract of farmland contains 56+/- gross acres According to the survey this farm contains approx. 55.23+/- tillable acres with the remainder in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC of 134 bu. on corn and a PLC of 39 bu. on soybeans. FSA will do a reconstitution on base acres after farm is sold. This farm is classified NHEL. This farm is in the Arc county farm program. The predominant soil types include: EaB-Egan, WeA-Wentworth, SkD2-Shindler-Egan, Cd-Chancellor-Viborg, WhA-Wentworth-Chancellor, Ws-Worthing, Te-Tetonka, EsC-Egan-Shindler. According to Agri-Data the productivity index rating is 78.3 and the county soil rating is .785. This farm is well managed and is 98.7% tillable. Make plans today to attend this auction!!! Buyer of property #2 will be required to install a new field driveway access at their expense. Seller has obtained approval from Lincoln County for the new driveway access. This property has no rural housing eligibilities by permitted use.

Abbreviated Legal Description of Property #3: Tract 3 of Larson's Addition in the NW1/4 of Section 36, Township 99N, Range 49, West of the 5th P.M. all located in Lincoln County, SD. Subject to all public roads and easements of record.

General Description of Property #3: According to the survey this tract contains 62.25+/- gross acres. This property features an approx. 5+/- acre acreage site with the balance in pastureland and road/ditch. The acreage site features a 2 bedroom, 2 story home which has wood siding and asphalt shingles. Also on the acreage site is a 30’ x 50’ machine shed, 23’ x 44’ cattle shed and a 27’ x 32’ corn crib. This acreage site is on S. Lincoln rural water and is serviced by Southeastern Electric. This property also has a well located on the acreage site. This property also features appprox. 5.2+/- acres of tillable farmland North of the current acreage site. This pastureland is very scenic, has a running creek and has spectacular views. This acreage site is located on a hard surface road and with the adjoining pastureland would make an excellent home for you or your family or would make an excellent location to establish a new home!! This property has one current rural housing eligibility being used and will be sold with 1 additional rural housing eligibility dedicated to this property by permitted use. Make plans today to attend this auction!!! Opportunities like this are rarely offered for sale!!!

Abbreviated Legal Description of Property #4: Tracts 1 & 2 of Larson's Addition in the NW1/4 of Section 36, Township 99N, Range 49, West of the 5th P.M. all located in Lincoln County, SD. Subject to all public roads and easements of record.

General Description of Property #4: According to the survey this tract of farmland contains 41.81+/- gross acres According to the survey this farm contains approx. 39.77+/- tillable acres with the remainder in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC of 134 bu. on corn and a PLC of 39 bu. on soybeans. FSA will do a reconstitution on base acres after farm is sold. This farm is classified as NHEL. This farm is in the Arc county farm program. The predominant soil types include: WeA-Wentworth, EsC-Egan-Shindler, EaB-Egan, Cd-Chancellor-Viborg. According to Agri-Data the productivity index rating is 87.2 and the county soil rating is .785. This property will include 2 rural housing eligibilities by permitted use. Make plans today to attend this auction!!!

Method of sale: Final bid price x gross surveyed acres. Property #1 will be sold then #2, then #3, then #4. All properties will be sold separately. Properties will not be combined. Auction will be held at the site of Property #1.

Viewing: Open House will be held on November 14 from 3 PM to 5 PM and on December 1 from 10 AM to 12 PM(Noon) or by appointment by contacting an agent.

Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $2,001.52 per year on Property #1 and the current combined total property tax for Properties 2, 3 & 4 are $3,352.16. 2018 taxes due in 2019 paid by the seller. 2019 taxes due in 2020 to be paid by the buyer.

Possession: Possession will be on March 1, 2019 on the farmland and on closing day on the acreage site and pastureland.

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before January 18, 2019 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. 2018 taxes due in 2019 paid by the seller. 2019 taxes due in 2020 to be paid by the buyer. Lincoln 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 statues. 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. Richard Moe–attorney for sellers.‚Äč

Larson Family Trust–Owners

Auctioneers/RE Agents:

Mark Zomer-712-470-2526—

Darrell Vande Vegte-712-726-3428–

Ryan Zomer—712-441-3970—Joel Westra-605-310-6941

 

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  • Listing Status: Sold