March 24, 2015-178 Acres Plus Acreage, Riverside Twp, Gary And Julie Peterson–owners

~CLAY COUNTY, SD LAND AND ACREAGE AUCTION
178 ACRES +/- PLUS ACREAGE, RIVERSIDE TOWNSHIP
TUESDAY MARCH 24, 2015 10:30 AM
We will sell the following real estate at public auction at the land site located from Beresford SD 11 ½ miles west on SD Hwy 46, 2 miles south on 459th Ave (Frog Creek Rd) and ½ mile east on 299th St or from Irene, SD 6 ½ miles east on SD Hwy 46, 2 miles south on 459th Ave (Frog Creek Rd) and ½ mile east on 299th St.

Auctioneers Note: Rarely does a farmer or investor have an opportunity to purchase quality productive land in the Midwest that is extensively tiled, excellent soils and fertility, with approximately 133 acres irrigated. The land is currently in a corn/soybean rotation and is available to the new owner for the 2015 crop year. The acreage must be seen to be appreciated. If you are looking for a farming operation base or peaceful, quiet country living, contact an auctioneer for your personal showing. The setting includes a well established shelter belt with many beautiful evergreens, large 2 story completely remodeled country home with a wraparound porch and three season room, 2 machine sheds, 100,000+ bushel grain storage and several other outbuildings.

Tract 1 – Approximately 178 +/- Acres
Legal Description: NW ¼ except Peterson Tract 1 and the W ½ W ½ NE ¼ 17-95-52 Clay County, SD

This Clay County, SD farmland is located in southeast South Dakota’s prime agricultural region. The land has an excellent productivity index rating of 88 (AgriData/Surety) and according to the Clay County Assessor’s Office a soil rating of .754. Predominate soils include: Egan-Trent silty clay loams, 0-2 percent slopes; Egan-Clarno-Chancellor complex, 0-3 percent slopes; Egan-Clarno-Trent complex, 1-6 percent slopes; Egan-Chancellor-Davison complex, 0-3 percent slopes. According to the Clay County FSA there is a 102.3 acre corn base/100 bushel direct yield/155 bushel CC yield and a 70.9 acre soybean base/34 bushel direct yield/40 bushel CC yield. This farm has a crop insurance corn APH of 204 bushels irrigated and 148 bushels non- irrigated and a soybean APH of 62 bushels irrigated and 53 bushels non-irrigated. The farm is enrolled in the farm program with an ARC CO designation. The land includes a 1997 Valley 8000 7 tower irrigator, 1997 JD 4039T power unit

and generator and a 1997 165 ft well and gear head. AgriData/Surety productivity and soil maps, tile maps and APH records are available on request. Taxes: $5029.86. Don’t miss this auction, contact auctioneers for an auction booklet or visit www.westraatkins.com for more information.

Tract 2 – Acreage Approximately 21.56 +/- Acres
Legal Description: Peterson Tract 1, NW ¼ 17-95-52 Clay County, SD 21.56 +/- Acres.

This beautifully landscaped acreage has a winding driveway lined by evergreens leading to a majestic two story home that has been completely remodeled, hardwood floors (main floor), 2642 finished sq ft, 5 bedrooms, 2 baths, three season room, large country kitchen, dining room, living room, piano room, office, family room (basement), wraparound porch, 2nd story balcony, detached 2 car garage, 2009 60’ x 75’ Varco Pruden steel machine shed/cement, 54’ x 90’ Morton machine shed/shop(cement), 54’ x 100’ wood machine shed, Brock 42’ grain bin/air, MFS 42’grain bin/air, Brock 36’ dryer bin/stirrators, Butler dryer bin/stirrators, 36’ x48’ wooden granary with air, plus several other smaller outbuildings, rural water. Lots of room to enjoy country living. Tract 2 is sold subject to a lease of the grain storage until 9-1-15 and the new owner will receive $3500 to be credited at closing for rent of the storage. Electricity costs on the south 3 bins to be paid by the lessor until 9-1-15 and all other electricity costs are the responsibility of the buyer of tract 1 from closing on.  Taxes: TBD.

Tract 3 – Combination of Tracts 1 and 2

TERMS: The winning bidder(s) will sign a purchase agreement following the auction along with a 15% nonrefundable down payment day of sale with the balance due at closing on or before April 24, 2015. Possession at closing. 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 on Tract 1. Taxes prorated to closing on Tract 2. Actual acres to be determined by a survey and will be the sellers expense. The sellers don’t 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. The land is 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.

Gary And Julie Peterson, Owners
 

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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  • Lot Size: 178 Acres 
  • Listing Status: Sold