October 9, 2012 - 79.04 Acres of Lincoln County, SD Farmland

We will sell at public auction the following real estate at the land site located from The Canton Exit on I-29 one and one half mile west. 

Here is an excellent opportunity to purchase productive southeast South Dakota farmland. The land is currently in a corn/soybean rotation. Located just west of the Canton exit on I-29 the land has paved roads on 2 sides of the property adding to its future potential and current convenience. Predominate soils include Egan, Chancellor-Tetonka and Wentworth-Chancellor. According to Lincoln County data the property has an average soil rating of .819 According to Surety/AgriData, the overall productivity index is 80.4. According to the FSA there are 73.4 acres of cropland with a 40.7 acre corn base/ 83 bushel yield/ 83 bushel CC yield and a 32.6 acre soybean base / 26 bushel yield/ 26 bushel CC yield. Taxes for 2011 payable in 2012 are $1605.80. If you are looking to expand your current operation or considering land as an investment, don’t miss this auction!

Legal: S ½ SW ¼, (Except Lot A in the SW ¼, SW ¼, SW ¼ SW ¼),13-98-51 Lincoln County, SD

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before November 9, 2012. The farm is subject to a lease for the 2012 crop year which expires March 1, 2013 and it is available to the new owner for the 2013 crop year. Title insurance and closing costs split 50/50 between buyer and seller. 2012 taxes due in 2013 paid by the seller. 2013 taxes due in 2014 to be paid by the buyer. The acres in this property are 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 owners.

Beverly J. Plucker and Vonda L. Oltmans, Owners

Pete Atkins, Broker Associate, Tea, SD 605-351-9847

Joel R Westra, Broker, Beresford, SD 605-310-6941

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