Upcoming Union County, SD Farmland Auction
160 Acres of Alcester Twp Farmland
Wednesday, April 8, 2015 @ 10:30 A.M.
“Your Farmland Specialists”
Land will be sold at site of land—Auction signs will be posted!
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Location: from the North edge of Alcester, SD go approx. 1 mile North on Hwy 11 then go approx. 2 ¼ miles West on 300th St.—(note-300th St. has an angle in road—stay on 300th St.)–Land is located on the South side of 300th St.
Auctioneers Note: We are honored to conduct this auction for Wayne and Phyllis Meerdink. As the sellers have purchased other farmland near their farming operation and are doing a 1031 tax deferred exchange, we are offering at Public Auction this outstanding opportunity to purchase some Union County, SD farmland located near Alcester, SD. This property has very attractive terms for the buyer with the opportunity to purchase the land and farm in the Spring of 2015.
Legal Description: The E ½ of the NE ¼ of Section 19 and the W ½ of the NW ¼ of Section 20, Twp 95N, Range 49W of the 5th P.M. Union County, South Dakota.—subject to all public roads and any and all easements of record.
General Description: According to the Union County Assessor, this tract of land contains 160 gross acres. According to Union County FSA this tract of land contains 157.6 tillable acres with the balance in waterway and road and ditch. The predominant soil types include: CA-Calco, CnD2-Crofton-Nora, Aa-Alcester, McB-Moody and Ma-McPaul. The soil rating on the East 80 is .553 and the West 80 is .465. This farm has a corn base of 121.2 acres and a direct yield and cc yield of 106 bu. This farm has a soybean base of 36.3 acres and a direct and cc yield of 38bu. This farm is classified Non-HEL. This farm is a very desirable tract as it has long 1/2 mile rows. This farm has approx. 16,000 feet of tile installed. Most of the tile was installed in 1998 and 2011. This farm has been a good producer and has great average yields with a proven corn APH of 157 bu. per acre and a proven soybean APH of 48 bu. per acre. This farm has had fertilizer applied for corn for the 2015 crop year and buyer will be required to reimburse current tenants $21,303.06 at signing of purchase agreement. This farm has been well managed and in a good state of productivity. This farm only has road on one side and is nearly all tillable. Make plans to add this excellent producing farm to your operation today.
Taxes: The current Real Estate Taxes according to the Union County Treasurer are $1952.72 per year.
Possession: Possession will be April 15, 2015 on farmland. Farmland is available for the 2015 crop year.
TERMS: 15% nonrefundable down payment day of sale on the farmland, with the balance due at closing on or before June 10, 2015. Title insurance and closing costs split 50/50 between buyer and seller. 2014 taxes due in 2015 to be paid by the seller. 2015 taxes due in 2016 to be paid by the buyer. Buyer agrees to pay for acres times the price bid per acre 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. Buyer agrees to accommodate sellers with a 1031 exchange with all exchange fees the responsibility of the seller. Vande Vegte & Zomer Realty & Auction Inc. and Westra/Atkins Land & Auction Inc. Real Estate licensees are agents for the seller. Sold subject to confirmation of owner. Union County Abstract and Title will be closing agents for the seller. Ethan Huizenga –attorney for sellers.
Wayne G and Phyllis E Meerdink—owners
Mark Zomer-712-470-2526*Darrell Vande Vegte 712-726 3428
Joel Westra-605-310-6941* Pete Atkins-650-351-9847* Joel Westra Jr.-650-957-5222
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- Listing Status: Sold