March 26, 2019 @ 10:30 A.M.–Live Auction Of 82.44+/- Acres Of Prairie Center TWP, Clay County, SD Farmland–Jacqueline J Olson Revocable Trust–Owner
CLAY COUNTY, SD LAND AUCTION
82.44 +/- Acres, Prairie Center Township
Tuesday, March 26, 2019, 10:30 AM
We will sell the following real estate at public auction, at the landsite located ½ mile west of the intersection of 311th St and 468th Ave (Greenfield SD). Or from I-29 Spink Exit #31, ½ mile west on 313th St, 1 mile north on 470th Ave, 2 miles west on 312th St, 1 mile north on 468th Ave and ½ mile west on 311th St.
Auctioneer’s Note:This auction offers an excellent opportunity to expand your current farming operation or purchase as an investment.The land is available to farm in 2019 and is in a corn-soybean rotation. According to the FSA there are 78.01 acres of cropland with a 44.91 acre corn base with a 127 bushel PLC yield and a 33.10 acre soybean base with a 36 bushel PLC yield. County soil rating of .559. According to Surety/AgriData the land has a productivity rating of 75.5. Predominate soil is Davison-Tetonka-Egan complex, 0 to 3 percent slopes. A certified wetland determination has been completed on this farm. Taxes: $1964.48. The buyer will be required to reimburse the seller $5406.56 for fall fertilizer, to be paid at closing. If you are looking for good productive farmland located in southeast SD, then don’t miss this auction. In the case of inclement weather listen to WNAX radio or visit our website.
Legal Description: East 13 Rods of the NW ¼ & the West 20 Rods of the NE ¼ & the West 47 Rods of the East 60 Rods of the NW ¼ , 15-93-51, Clay County SD.
TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before April 30, 2019. Possession to be given at closing, however upon making the nonrefundable down payment, the buyer may begin field work for the 2019 crop year. Failure to close, as per terms of the purchase agreement, shall result in forfeiture of the down payment and work performed. Title insurance and closing costs split 50/50 between buyer and seller. 2018 taxes due in 2019 to be paid by the seller. 2019 taxes due in 2020 to be paid by the buyer. The buyer will be required to reimburse the seller, $5406.56 for fall fertilizer, to be paid at closing. The acres in this property is 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.
Jacqueline J Olson Revocable Trust, Owner
Jeff & Jacqueline Olson, Co-Trustees
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
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.