Nov. 17-2015-145 Acres of Lincoln County, SD, Grant Twp Farmland-PEDERSON AG, LLC, OWNERS

Live Auction

Auction Date: November 17, 2015 - 10:00 am

Lincoln County

LINCOLN COUNTY, SD LAND AUCTION

145 +/- Acres, Grant Township

Tuesday Nov 17, 2015 10:30 AM

We will sell the following real estate at public auction at the landsite located from Lennox, SD 2 miles south on SD Hwy 17 (County Rd #105) and 1 ¼ mile east on 281st St or from the I-29 Canton Exit # 62, 3 ½ miles west on 282nd St and ½ mile north on 467th Ave. .

If you are looking for a good productive farmland located in southeast of SD, then don’t miss this auction! The land was tiled by THA Demolition and Excavation with over 22,000 feet of tile in 2014.The land is in a corn/soybean rotation and is available to the new owner for the 2016 crop year. According to the FSA there are 144.5 acres of cropland with a 94.2 acre corn base with an 125 bushel PLC yield and an 49.66 acre soybean base with a 39 bushel yield. County soil rating of .799. According to Surety/AgriData the land has a productivity rating of 80.5 and predominate soils include: Chancellor-Tetonka silty clay loams; Wentworth-Chancellor silty clay loams, 0-2 percent slopes; Egan-Chancellor silty clay loams, 0-4 percent slopes. Taxes: $3142.68. If you are looking to expand your current farming operation or purchase land as an investment, be sure to attend this auction!

Legal Description: NW ¼ except the West 60 Rods of the North 40 Rods, 15-98-51, Lincoln County, SD

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TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before Dec 29, 2015. Title insurance and closing costs split 50/50 between buyer and seller. 2015 taxes due in 2016 paid by the seller. 2016 taxes due in 2017 to be 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 owner.