March 4-2014-79.49 Acres of Emmet Twp, Union County, SD Farmland-

Live Auction

Auction Date: March 4, 2014 - 10:00 am

Alcester, SD 57001, USA

Alcester

Union County

Lot Size:

79.49

Union County, SD Land Auction

79.49 +/- Acres Emmet Township

Tuesday March 4, 2014 10:30 AM

In order to settle the Josephine Lykken Olson Estate we will sell the following real estate at public auction at the landsite located from Alcester, SD Steakhouse, 5 miles south SD Hwy 11 and 5 ¼ miles west on County Rd #15 (307th St) or from Beresford, SD, 9 miles south on I-29, ½ mile east on 306th St, 1 mile south on 471st Ave and 2 ½ miles east on County Rd #15 (307th St).

This land offers a great opportunity to purchase productive southeastern SD agricultural land in Union County. The land is currently in a corn/soybean rotation and is available to the new owner for the 2014 crop year. According to the FSA there is 75.88 acres of cropland with a 37.8 acre corn base/ 88 bushel yield/119 bushel CC yield and a 11.8 acre soybean base/ 27 bushel yield/32 bushel CC yield..

Predominate soils include Crofton-Nora silt loam, 6-10 percent slopes, eroded and Alcester silt loam, 2-6 percent slopes. County soil rating of .694 and according to Surety/AgriData the land has a productivity rating of 75.5. Taxes: $1856.18. Don’t miss this auction if you are looking to expand your current farming operation or purchase as an investment.

Legal Description: W ½ NE ¼ less road 27-94-50 Union County, SD

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before April 11, 2014. Title insurance and closing costs split 50/50 between buyer and seller. 2013 taxes due in 2014 to be paid by the seller. 2014 taxes due in 2015 to be paid by the buyer. Land to be sold will be based on surveyed acres. Survey will be completed prior to closing and will be paid for by the seller. Buyer agrees to pay for surveyed acres times the price bid per acre. 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 owner.

Click on the following links for more information:

Josephine Lykken Olson Estate, Owner

Susan Gustner, Personal Representative

Mike McGill, Closing Attorney

Joel R Westra, Broker, Beresford, SD 605-310-6941

Pete Atkins, Broker Associate, Tea, SD 605-351-984

Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222

Phil Eggers, Broker Associate, Renner, SD 605-351-5438