November 15, 2012 – 77.52 Acres of Clay County, SD Farmland – Sold for $7,400.00

Clay County, SD Land Auction

 77.52 +/- Acres, Garfield Township

Thursday November 15th, 2012 11:00 AM

 

We will sell at public auction the following real estate at the land site located 1 ½ miles south of Hub City SD on University Road or From the Volin Exit on I-29, 5 ½ miles west on 306th Street, 1 ½ miles south on University Road.

Here is your opportunity to purchase farmland that has been in the same family for over 50 years with a great productivity rating and in an outstanding area of southeastern South Dakota. The land is currently in a corn/soybean rotation and lies along University Road providing excellent access. Predominate soils are Bon Loam and Alcester Silty Clay Loam. According to Lincoln County data the property has an average soil rating of .815. According to Surety/AgriData, the overall productivity index is 87.2. According to FSA there are 72.0 acres of cropland with a 37.0 acre corn base/ 81 bushel direct yield/ 81 bushel CC yield and a 35.0 acre soybean base / 29 bushel direct yield/ 29 bushel CC yield. Taxes for 2011 payable in 2012 are $1,812.20. If you are looking to expand your current operation or considering land as an investment then don’t miss this auction!

Legal: W ½ SW ¼, 29-94-51 Clay County, SD

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before December 14, 2012. The farm is subject to a lease for the 2012 crop year and it is available to the new owner for the 2013 crop year. 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 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 owners.

 

Augustana College Association, Owner

 

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

  • Lot Size: 77.52 Acres 
  • Listing Status: Sold 
  • Address: 30748 University Road, Vermillion, SD 57069, USA