Sold

Nov. 8th, 2018 10:30 AM--127.76 +/- Acres, Middleton Township--TURNER COUNTY, SD LAND AUCTION--J. Josephine Oltmanns Estate---Farmland Sold for $6300.00 per Acre on a steady market!!!

Auction Date: November 8, 2018 - 10:00 am

Turner County

TURNER COUNTY, SD LAND AUCTION

127.76 +/- Acres, Middleton Township

Thursday Nov. 8th, 2018 10:30 AM

We will sell the following real estate at public auction at the land site, which is located at the intersection of 282^nd St. & 463^rd Ave.; or 3 miles south of Lennox on CR 105 (Hwy 17) then 3 miles west on 282^nd St.; or 7 ½ miles west from the I-29 Canton Exit (Exit 62).

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Auctioneer’s Note: Land buyers, if you are looking to expand your current farming operation or purchase land as an investment, be sure to attend this auction! Here is a desirable tract of farm land that is nearly all tillable with an outstanding soil rating. Great access with a hard surface road on the east side of the property. The land has a soil rating of .863 and according to Surety/AgriData a productivity rating of 86.6. Predominate soils include WentworthChancellorWakonda silty clay loams, 0 to 2 percent slopes; EganTrent silty clay loams, 0 to 2 percent slopes. Based on FSA information there is approximately 124.8 acres of cropland with a 73.5 acre corn base, 122 bushel PLC yield and a 50.4 acre soybean base with a 38 bushel PLC yield. Taxes: $3,713.12.

This contiguous tract of land consists of three legal descriptions as follows:

N ½ SE ¼, 14-98-52, Turner County, SD.

S ½ SE ¼ Except S 61.2 rods W of the railroad & S 37.6 rods of the W 91 rods E of the railroad & Except E 115.2’ of the W 1641.7’ of the S 1009.8’ of the S ½ SE ¼ of 14-98-52, Turner County, SD.

N 361.16’ of Oltmans Tract 2 in the SE ¼ & Southeasterly 50’ of former railroad right of way lying N of the S 1009.8’ of the SE ¼, & W of the E boundary of the W 1526.5’ of the SE ¼ of 14-98-52, Turner County, SD.

TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before Dec. 18^th, 2018. Possession of all tracts at closing subject to 2018 crop lease. 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 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. 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.