Sold

February 18, 2018 @ 10:30 A.M.--Live Farmland Auction In Eden TWP, Lincoln County, SD Of 187.9+/- Acres--Mike Eliason--Owner----Farm Sold For $8200.00 Per Acre!!!! Thanks to all who attended!!!!

Auction Date: February 18, 2019 - 10:00 am

Hudson

Lincoln County

LINCOLN COUNTY, SD LAND AUCTION

187.99 +/- Acres, Eden Township

Monday Feb 18^th, 2019 10:30 AM

We will sell the following real estate at public auction at the land site located from Hudson, SD, 3 miles west on 294^th St (152). At the intersection of 294^th St. & 484^th Ave.

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Auctioneer’s Note: This is prime farm ground in one of the top agricultural areas in South Dakota. It is conveniently located near ethanol plants and grain elevators, only 3 ½ miles from the Iowa border and it is available to farm in the 2019 crop year. According to the FSA there is 178.9 acres of cropland with a 103.5 acre corn base/122 bushel PLC yield, a 9.2 acre oat base/63 bushel PLC yield and .01 soybean base/37 bushel PLC yield. The land has a county soil rating of .753 and according to Agridata/Surety a 68.2 productivity rating. Predominate soils include: Moody-Nora silty clay loams, 6-10 percent slopes, eroded and Moody silty clay loam, 2-6 percent slopes. The land is farmed under the HEL Conservation Program. Taxes: $2853.02. In case of inclement weather go to our website or listen to WNAX.

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Legal Description: SW ¼ SW ¼ except .17 acre rd and W ½ SE ¼ except South 764’ of the East 675.34’ in the SE ¼ and the E ½ SW ¼, 16-96-48, Lincoln County, SD

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TERMS: 15% nonrefundable down payment the day of the auction with balance due at closing on or before March 22, 2019. Possession at closing. 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 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.