Sold

Friday, Nov 4, 2016 10:00 AM--LINCOLN COUNTY, SD LAND AUCTION 147 +/- Acres, Brooklyn Township --Howard L and Alice Mae Kennedy Family Trust, Owners-This farmland sold for $6,650.00 per acre!!

Auction Date: November 14, 2016 - 6:00 pm

Beresford

Lincoln County

LINCOLN COUNTY, SD LAND AUCTION

147 +/- Acres, Brooklyn Township

Friday, Nov 4, 2016 10:00 AM

We will sell the following at public auction at the farm located from Beresford, SD, 3 miles north on I-29 to the Centerville-Hudson Exit #50, 1 ½ west on County Rd #152 (294^th St) and ½ mile north on 469^th Ave.

This land has been in the Kennedy-Soderstrom family since 1915 and offers a great opportunity to purchase good productive farmland located in Lincoln County. SD.The land is in a corn/soybean rotation and is available to the new owner for the 2017 crop year. The land has 3 building eligibilities and is located 5 miles northwest of Beresford with a hard surface road bordering the east boundary. Ethanol plants and grain elevators nearby. According to the FSA there are 150.2 of cropland with a 77.2 acre corn base with a 115 PLC yield and a 49.8 acre soybean base with a 34 bushel yield. These figures are subject to survey. County soil rating of .882. According to Surety/AgriData the land has a productivity rating of 84.3 and predominate soils include: Wentworth-Chancellor silty clay loams, 0-2 percent slopes; Egan silty clay loam, 3-6 percent slopes; Taxes: TBD. If you are looking to expand your current farming operation or purchase land as an investment, be sure to attend this auction!

Click here for an aerial video of the property

Legal Description: NE ¼ 14-96-51 less acreage TBD, Lincoln County, SD.

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TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before Dec 16, 2016. Title insurance and closing costs split 50/50 between buyer and seller. 2016 taxes due in 2017 to be paid by the seller, based on 2015 taxes. 2017 taxes due in 2018 to be paid by the buyer. Acres to be determined by the total taxable acres, less surveyed platted acres of the acreage. 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.