Sold

THANK YOU TO THE LARGE CROWD IN ATTENDANCE AND ONLINE!! TRACT #1 SOLD FOR $14,900 PER ACRE, TRACT #2 SOLD FOR $13,250 PER ACRE AND TRACT #3 BUILDING SITE SOLD FOR $150,000!!!

December 13, 2024 @10:30 A.M.---Live Public Auction Of 3 Tracts Of Land In Canton TWP, Lincoln County, SD Located Just North Of Canton, SD! Tract 1: 80.47+/- Acres -- Tract 2: 36.56+/- Acres -- Tract 3: 3.80+/- Acre Building Site (Sold With One Housing Eligibility)

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Auction Date: December 13, 2024 - 10:30 am

Lincoln County

Upcoming Live Public Auction Of 117.03+/- Acres Of Farmland To Be Sold In Two Tracts & A 3.80+/- Acre Building Site With A Housing Eligibility

Located In Canton TWP, Lincoln County, SD!

These Properties Are Located Just On The North Edge Of Canton, SD!

This Is A Great Opportunity To Purchase 1 Or 2 Tracts Of Excellent Lincoln County, SD Farmland

& A Building Site With A Housing Eligibility!

Tract 1: 80.47+/- Acres Of Farmland — Tract 2: 36.56+/- Acres Of Farmland

Tract 3: 3.80+/- Acre Building Site With A Housing Eligibility Approx. 1/4 Mile From A Hard Surface Road!

Property Location: From Caseys in Canton, SD go approx. 1 mile West on HWY 18 to 480th Ave. then go North on 480th Ave. for 3/4 of a mile to Tract 3. Tract 1 and 2 are located directly West of Tract 3 and are both accessed by going 1/4 mile North from Tract 3 to 281st ST. and then goin approx. 1/4 mile West on 281st ST. Tract 1 and 2 are located on the South side of 281st ST and Tract 3 is located on the West side of 480th Ave. The Auction will be held at the site of the farmland.

Land Auction Date: December 13, 2024 @10:30 A.M.

Auctioneer’s Note: The Zomer Company is honored to present at auction these outstanding Lincoln County, SD properties! If you have been looking for an opportunity to purchase land for your farming operation or as an investment then be sure to attend this auction! This land offers a tremendous opportunity to purchase quality land with the added bonus of being on the edge of a City! If you have been looking for that perfect acreage in town the building site on this auction offers a great opportunity to purchase a building site only a short 1/2 mile from a hard surface road and with plenty of room with 3.80+/- acres! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Abbreviated Legal Description of Tract 1: Tract 1 of Northwest Addition in the NE1/4 of Section 15, TWP 98N, Range 49W, Lincoln County, SD. Sold subject to all public roads and easements of record.

General description of Tract 1: According to the survey, this property contains 80.47+/- gross acres. According to FSA/Survey, this property contains approx. 78.95+/- tillable acres with the remainder in road and ditch. This is an inside tract of farmland which is nearly 100% tillable with the only exception being the road and the ditch! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 158bu on corn and a PLC yield of 41bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: Cd-Chancellor-Viborg, WeA-Wentworth, EaB-Egan, Gr-Graceville, Ca-Chancellor-Tetonka, DmB-Dempster, SuF-Steinauer-Shindler, DeB-Delmont. According to Agri-Data this tillable land has a productivity index rating of 83.3 and an estimated average county soil rating of .831 county rating which is currently combined with the adjoining farmland! This land is located just on the North edge of Canton, SD just North of the Canton Industrial Area! If you are a farmer or investor looking to add a farm to your operation or investment portfolio then I would strongly consider purchasing this tract of Lincoln County, SD farmland! It is not often that you have the opportunity to purchase a farm such as this that checks off all of the boxes including good soil ratings, very few non tillable acres and an excellent location both today and with long term potential! This farm is contiguous with Tract 2 and if purchased together offers a tremendous opportunity to purchase one large contiguous 117.03+/- acre tract of farmland! This farm will not be sold with any housing eligibility’s. Seller will install a new shared driveway access point from 281st ST which will be shared with Tract 2.

Abbreviated Legal Description of Tract 2: Tract 2 of Northwest Addition in the NE1/4 of Section 15, TWP 98N, Range 49W, Lincoln County, SD. Sold subject to all public roads and easements of record.

General description of Tract 2: According to the survey, this property contains 36.56+/- gross acres. According to FSA/Survey, this property contains approx. 35.86+/- tillable acres. This is an inside tract of farmland which is nearly 100% tillable! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 158bu on corn and a PLC yield of 41bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: Gr-Graceville, DmB-Dempster, WeA-Wentworth, DeB-Delmont, EaB-Egan, DmA-Dempster. According to Agri-Data this tillable land has a productivity index rating of 74.9 and an estimated average county soil rating of .831 county rating which is currently combined with the adjoining farmland! This land is located just on the North edge of Canton, SD just North of the Canton Industrial Area! If you are a farmer or investor looking to add a farm to your operation or investment portfolio then I would strongly consider purchasing this tract of Lincoln County, SD farmland! This is an excellent opportunity to purchase a smaller tract of Lincoln County, SD Farmland in an excellent area! This farm is contiguous with Tract 1 and if purchased together offers a tremendous opportunity to purchase one large contiguous 117.03+/- acre tract of farmland! This farm will not be sold with any housing eligibility’s. Seller will install a new shared driveway access point from 281st ST which will be shared with Tract 1.

Abbreviated Legal Description of Tract 3: Tract 3 of Northwest Addition in the NE1/4 of Section 15, TWP 98N, Range 49W, Lincoln County, SD. Sold subject to all public roads and easements of record.

General description of Tract 3: According to the survey, this property contains 3.80+/- gross acres. This is an outstanding opportunity to purchase a 3.80+/- acre building site located only a short 1/2 mile from a hard surface road and right on the North edge of Canton, SD! If you have been looking for that dream location to build a home on then your search is home! It is not very often that you have an opportunity to purchase bare building sites in this area on which you can start with a blank slate on building your family’s legacy acreage site! Building sites in Lincoln County, SD can be hard to come by so do not pass up this opportunity to purchase this property! Rural Water is located across the road from the property. Contact Rural water for any details regarding costs/availability of rural water.

Method of sale: Property will be sold with the final bid price times the gross surveyed acres for Tracts 1 & 2. Tract 3 will be sold in total dollars. Tracts 1 and 2 will be offered for sale first in the choice method and the top bidder of the round of choice will have the option to select the tract of their choice or both of the tracts. If the top bidder in the round of choice selects just one of the tracts then whichever tract is remaining will then be sold. Once both Tracts 1 & 2 have been sold then Tract 3 will be sold. Tracts will not be combined in any way. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,689.87 per year on Tract 1, approx. $767.76 per year on Tract 2 and approx. $79.80 per year on Tract 3. Taxes will be pro-rated through December 31, 2024.

Possession: Full possession will be March 1, 2025. This land is available to farm for the 2025 crop year.

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 January 30, 2025 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. Lincoln County Title will act as Escrow and Closing agent. This property 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. The majority of these properties are located within the City of Canton Subdivision authority but are not in the City limits. No warranties are expressed or implied. Any lines on maps and pictures 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 statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All measurements and years built are estimated and not guaranteed. This Property is being sold subject to the confirmation of the sellers. Buyer agrees to accommodate the sellers with a 1031 exchange. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.