November 20, 2018 @ 2:00 P.M.–Live Farmland Auction Of 160+/- Acres Of Virginia TWP North, Union County, SD Farmland To Be Sold In One Tract–Lois Torwelle Estate–Peoples Bank WGM As Executor–Owners–Sold for $8,150.00 per acre!! Thank you to all the active bidders and everyone in attendance!!!

Upcoming Live Public Prime Farmland Auction Of 160 +/- Acres of Virginia Twp North, Union County, SD Farmland

To Be Sold In One Tract

Located 5 Miles East of the Intersection of SD HWY 11 & SD HWY 46 &

5 Miles SW of the Poet Ethanol Plant

November 20,2018 @2:00 P.M.


Location: From the POET ethanol plant (Southwest of Hudson, SD & Northeast of Hawarden, IA) go 2 miles South on SD HWY 143 around the 1st curve then continue West on SD HWY 46 for 2 miles to 484th Ave. then go 1 mile South on 484th Ave to 298th St. then go ¾ mile West on 298th St. or from the intersection of SD HWY 11 & SD HWY 46 go 5 miles East on SD HWY 46 to 484th Ave then go 1 mile South on 484th Ave. to 298th St. then go ¾ Mile West on 298th St.
Land is located on the North side of 298th St. Auction signs will be posted!
Auction will be held at the site of the land. For inclement weather watch zomerauctions.com

“Your Farmland Specialists” zomerauctions.com


Auctioneers Note: We are honored to offer this farmland at auction for the Lois Torwelle Estate. This highly productive farmland has been in the Torwelle family for many years!! This land is very desirable and would make a great long term investment or be a great addition to your current farming operation. Make plans today to purchase this tract of farmland!!!

Abbreviated Legal Description: The SW1/4 of Section 5, Township 95N, Range 48, West of the 5th P.M.. Union County, South Dakota– subject to public roads and any/all easements of record.
 

General Description: According to the Union County Assessor this tract of farmland contains 160+/- gross acres According to Union County FSA this farm contains 148.72 tillable acres with the remainder in waterway, grass/trees, and road/ditch. This farm has a corn base only of 147 acres with a PLC of 129bu. This farm is classified as HEL. This farm is in the Arc county farm program. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, MdC-Moody-Nora, Ca-Calco, ShE-Shindler, Ka-Kennebec. According to Agri-Data this farm has a productivity index rating of 56.3 and the county soil rating is .640. This farm has pushup terraces and is contour farmed. This farm appears to have a good state of productivity and is well managed. Make plans today to attend this auction!!!
 

Method of sale: Farmland will be sold on gross county acres. Final bid price x 160+/- gross acres. Auction will be held at the site of the farmland.
 

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $3,736.96 per year. Seller will pay the taxes that are due and payable in March of 2019 and the taxes that will be due in September of 2019, based upon the taxes for the year currently payable.

 

Possession: Possession will be on March 1, 2019.

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 December 27, 2018 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. 2017 taxes due in 2018 paid by the seller. 2018 taxes due in 2019 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 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. James H. Pickner–attorney for sellers.

Lois Torwelle Estate—Owners—-Peoples Bank WMG As Executor

Auctioneers:

Mark Zomer-712-470-2526—Darrell Vande Vegte-712-726-3428

Ivan Huenink-712-470-2003—Joel Westra-605-310-6941

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  • Listing Status: Sold