Sold

December 3, 2013-Approx. 74.93 acres of Big Springs Twp, Union County, SD Farmland-Leone Carstensen--owner--Sold for $9700.00 per acre

Live Auction

Auction Date: December 3, 2013 - 10:00 am

Alcester

Union County

Lot Size:

74.93 acres

Upcoming Public Farmland Auction

Of 74.93 acres of Big Springs Twp, Union County, SD Farmland

Tuesday, December 3, 2013–Sale time: 10:30 A.M.

Land will be sold at the site of land

Location: from the Alcester Steakhouse go approx. 2 miles South on Hwy 11 –Land is located at the intersection of 304^th St. and Hwy 11

“Your Farmland Specialists”

Auctioneers Note: We are honored to offer at Public Auction this 74.93 acre tract of Union County, SD Farmland owned by Leone Carstensen. This tract of farmland has been in the Carstensen Family for many years. This tract of land is now being offered and represents a great opportunity to add to your current portfolio! Auction signs will be posted!!

Legal Description: The S ½ of the SE ¼ of Section 4, except Lot H-1 -Twp 94N, Range 49W of the 5^th P.M. Union County, SD- – subject to public roads and any/all easements of record.

General Description: This productive 74.93 +–acre tract of farmland. According to the Union County Farm Service Agency this tract is combined for tillable acres with another tract and therefore a certified determination will need to be done by Union County FSA regarding tillable acres. This farm has push up terraces and waterways. There is not a certified wetland determination completed on this land. This farm has a corn base of 54.6 acres and a direct and cc yield of 87bu and a soybean base of 21.4 acres with a direct and cc yield of 30bu. This tract is classified as hel. The predominant soil types include: Mdc, Mcb-Moody, CnD2-Crofton Nora and Ae-Alcester. The soil productivity index rating is 76. This property is located along Hwy 11 with great access and only 2 miles south of Alcester SD. If you are looking for a productive farm make plans today to attend and add to your current operation. This property has been surveyed and there are survey stakes located east and west dividing the property from the adjoining property.

Taxes: Current Real Estate Taxes according to the Union County Treasurer are $1679.50 per year. Seller will pay the 2013 taxes payable in the Spring and Fall installments of 2014.

Possession: Possession will be March 1, 2014 due to current farm lease.

Terms: 10% nonrefundable down payment day of sale with the 40 % of the balance due on Dec 30, 2013 and the other 50% due on January 3, 2014. Title insurance and closing costs split 50/50 between buyer and seller. Union County Title and Abstract will be the closing agent. 2013 taxes due in 2014 paid by the seller. The acres in this property are based on surveyed acres. 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 owner’s confirmation.

Leone Carstensen family-owners

Maureen Mcgill Hoogeveen-sellers attorney