MINNEHAHA COUNTY, SD LAND AUCTION

36.7 +/- Acres, Red Rock Township

Cropland, Pasture & Housing Eligibility

Thursday, March 28th, 2019, 10:30 AM

We will sell the following real estate at public auction, at the landsite located ½ mile west of the intersection of 257^th St and 487^th Ave. Or from I-90 Valley Springs Exit #410, 3 ½ miles north on 486^th Ave, 1 mile east on 257^th St.

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Auctioneer’s Note:  For farming or investment, this auction offers an excellent opportunity to own crop and pasture land located near Sioux Falls.According to the FSA there are 10.59 acres of cropland with a 6.20 acre corn base with a 161 bushel PLC yield and a 4.30 acre soybean base with a 40 bushel PLC yield. There is one building eligibility on the land. The county soil rating is .305. According to Surety/AgriData the land has a productivity rating of 43.4. Predominate soil is Obert silty clay loam, 0 to 1 percent slopes. Taxes: $369.58.  If you are looking for a versatile piece of land in southeast SD near Sioux Falls, then you will want to be at this auction.In the case of inclement weather listen to WNAX radio or visit our website.

Legal Description: Tract 2 Edmundson’s Addition SW ¼, 33-102-47, Minnehaha County, SD.

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CLICK HERE SOIL MAP

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TERMS:  15% nonrefundable down payment day of sale with the balance due at closing on or before May 9^th, 2019. Possession at closing, however upon making the nonrefundable down payment, the buyer may begin field work for the 2019 crop year. Failure to close, as per terms of the purchase agreement, shall result in forfeiture of the down payment and work performed. Title insurance and closing costs split 50/50 between buyer and seller. 2018 taxes due in 2019 to be paid by the seller. 2019 taxes due in 2020 to be paid by the buyer. The acres in this property is 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 owner.

David & Anna Johanson, Owner

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

Craig Atkins, Broker Associate, Tea, SD 605-351-9850