Sold

January 31, 2019 @ 10:30 A.M.--Live Farmland of 127.06+/- Acres of Grant TWP, Lincoln County, SD Farmland--Dale Heetland Revocable Trust----Farmland sold for $6150.00 Per Acre on a good steady market!!! Thanks to all who attended on this cold winter day!!!!!

Live Auction

Auction Date: January 31, 2019 - 10:00 am

Lincoln County

LINCOLN COUNTY, SD LAND AUCTION

127.06 +/- Acres, Grant Township

Thursday January 31st, 2019 10:30 AM

We will sell the following real estate at public auction at the land site. From Lennox SD, 1 mile south on Hwy 17 and 1 ½ miles west on 280^th St to the northeast corner of the property.

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Auctioneer’s Note: Here is land with an excellent soil rating, in a great location close to Lennox and within 5 miles of the POET Ethanol plant at Chancellor SD and available for the new owner to farm in 2019. Land buyers, if you are looking to expand your current farming operation or purchase land as an investment, be sure to attend this auction! This land has great access with a hard surface road on the north side of the property and includes 3 housing eligibilities. The land has a soil rating of .835 and according to Surety/AgriData a productivity rating of 84.6. Predominate soil is WentworthChancellor silty clay loams, 0 to 2 percent slopes. Based on FSA information there is approximately 124.8 acres of cropland with a 62.4 acre corn base, 113 bushel PLC yield and a 62.2 acre soybean base with a 35 bushel PLC yield. Taxes: $3,242. In case of inclement weather listen to WNAX radio or visit www.westraatkins.com.

CLICK HERE FOR COMPLETE AUCTION BOOKLET, INCLUDING MAPS

Abbreviated Legal Description: Lots 1 and 2 of the NW1/4 7-98-51 Lincoln County SD except the W 84.5 Rods of the N 36.5 Rods of the NW1/4 7-98-51

CLICK HERE FOR AERIAL MAP

CLICK HERE FOR SOIL MAP

TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before March 1, 2019. Possession of the land 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 to be paid by the buyer. The total acres are based on acres stated in the county tax records with acres to be understood to be “more or less”. The seller is completing a 1031 exchange with no cost or expense to the buyer. The seller does 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. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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.