Serving IA, SD, NE & MN 712.476.9443 info@zomercompany.com
Serving IA, SD, NE & MN 712.476.9443 info@zomercompany.com
Upcoming Live Public Eden TWP,
Lincoln County, SD Farmland Auction
Of 2 Tracts Of Farmland Located 5 Miles West Of Hudson, SD
& 3 Miles East Of Norway Center!!
This Farmland Is In A Great Location & Would Make An Excellent Addition To Your Farming Operation Or
A Great Investment Opportunity!!!
Tract 1: 145.31+/- Acres——Tract 2: 74+/- Acres
Tract #1 Location: From the West edge of Hudson, SD go 5 miles West on Blacktop 294th St. to 482nd Ave. then go 1 1/4 miles North on Blacktop 482nd Ave. To Tract #1 or from Norway Center go 3 miles East on Blacktop 294th St. to 482nd Ave. then go 1 1/4 mile North on 482nd Ave. Auction signs will be posted.
Tract #2 Location: From the West edge of Hudson, SD go 5 miles West on Blacktop 294th St. to 482nd Ave. then go 1 1/2 miles South on 482nd Ave. To Tract #2 or from Norway Center go 3 miles East on Blacktop 294th St. to 482nd Ave. then go 1 1/2 mile South on 482nd Ave to Tract #2. Auction signs will be posted. Watch zomerauctions.com for inclement weather! Auction will be held at the site of Tract #1.
February 5, 2020 @10:30 A.M.
Auctioneers Note: We are honored to have had our firm selected to present these properties for sale for the Vande Stroet Family!! This farmland is in a great location and would make a great addition to your current operation or would make a great investment opportunity in a good producing area!! Call an auctioneer today to receive a full informational packet!
zomerauctions.com
Legal Description of Tract #1: The SW1/4 and Lots 1 & 2 in the N1/2 of the SW1/4 EXCEPT the North 509’ of the W 1329’ all located in Section 7-TWP96N-Range 48W, Lincoln County, SD. Sold subject to all public easements and roadways of record.
General Description of Tract #1: According to the Lincoln County assessor, this property contains 145.31+/- gross acres. According to FSA this tract of farmland has approx. 133.20 tillable acres with remaining balance of the farm in grass waterway and road/ditch. The predominant soil types include: MpC2-Moody-Nora, CpD2-Crofton-Nora, MoB-Moody, Af-Alcester, AcB-Alcester. According to Agri-Data this farm has a productivity index rating of 59.8 on the total farm and a county soil rating of .687. This farm has a corn base of 73.2 acres with a PLC yield of 149bu. And a soybean base of 58.19 acres with a PLC yield of 43bu.. This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction and purchase this property!!!
Legal Description of Tract #2: The S1/2 of the NW1/4 EXCEPT the North 483’ of the South 631’ all located in Section 30-TWP96N-Range 48W, Lincoln County, SD. Sold subject to all public easements and roadways of record.
General Description of Tract #2: According to the Lincoln County assessor, this property contains 74+/- gross acres. According to FSA this tract of farmland has approx. 74.1 tillable acres including road/ditch, grass waterway and grass terraces however we estimate the tillable acres to be approx. 72 acres not including road/ditch, grass terraces and grass waterway. The predominant soil types include: MpC2-Moody-Nora, CpD2-Crofton-Nora, MoB-Moody, Af-Alcester, AcB-Alcester. According to Agri-Data this farm has a productivity index rating of 60.7 on the total farm and a county soil rating of .617. This farm has a corn base of 40.9 acres with a PLC yield of 149bu. and a soybean base of 32.38 acres with a PLC yield of 43bu.. This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction and purchase this property!!!
Method of sale: Farmland will be sold at the site of Tract #1. Farmland will be sold in the order listed and will not be combined in any way with the final bid price x gross +/- county acres.
Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,837.78 per year on Tract 1 and approx. $782.30 per year on Tract 2. Seller will pay the 2019 taxes which are due and payable in April & October of 2020.
Possession: Possession will be on March 10, 2020 due to current lease.
Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 10, 2020 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. 2019 taxes due in 2020 paid by the seller. 2020 taxes due in 2021 to be paid by the buyer. Lincoln County Abstract & Title will act as Escrow and Closing agent. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statues. Buyer agrees to accommodate the seller with a 1031 tax deferred exchange. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Brian Van Engen–attorney for sellers
Henry Van De Stroet & Antonia Van De Stroet Revocable Trust–Owners
Auctioneers and Brokers:
Mark Zomer-712-470-2526—-Darrell Vande Vegte-712-476-9443
Joel Westra—605-310-6941—Joel Westra Jr.—605-957-5222