Upcoming Live Public Auction Of 72.64+/- Acres Of
Quality Farmland in Highland TWP, Lincoln County, SD
This Land Is Located Southwest Of Canton, SD!
This Land Will Be Sold In One Tract & Includes 1 Building Eligibility!
This Is A Great Opportunity To Purchase Farmland In Highland TWP!
Land In Highland TWP Is Not Always Available!
Location: From Hoogendoorn Construction in Canton, SD go South on 479th Ave (SD HWY 11) for 6 miles to 288th St then go West on 288th St for 3/4 mile. Farm is located South of 288th St. Auction signs will be posted. Watch zomercompany.com for inclement weather! Auction will be held at the site of the land!
Sale Date: November 23, 2022 @10:30 A.M.
Auctioneers Note: Our company is honored to have been selected by the Sogn Family to offer for sale at auction this excellent Lincoln County, SD farmland! This is an outstanding farm in an area where land is not always available! If you are looking for a quality tract of Lincoln County, SD land to add to your operation or investment portfolio be sure to check out this land! Watch zomercompany.com in case of inclement weather!
Abbreviated Legal Description: That part of the E1/2 of the NW1/4 EXCEPTING a parcel described as the North 567ft of the East 567ft (Acreage Site), all located in Section 21, TWP 97N, Range 49W, Lincoln County, SD. Subject to all public roads and easements of record. TO BE SURVEYED.
General Description: This property contains 72.64+/- gross acres according to the county assessor. According to FSA this tract of farmland has approx. 72.3 tillable acres with the remainder in road/ditch. The predominant soil types include: WhA-Wentworth-Chancellor, Cd-Chancellor-Viborg. According to Agri-Data this farm has a productivity index rating of 87.9 on the tillable land and a county soil rating of .876. This farm has a corn base of 53.77 acres with a PLC yield of 132bu. and a soybean base of 17.93 acres with a PLC yield of 39bu. This is an outstanding farm in a great area in Highland TWP, Lincoln County, SD! This farm has great soils and is an inside tract of farmland with very few non tillable acres! This farm is located on a quality paved road only 3 miles from Newton Hills state park, 7 miles from I-29 and 8 miles from Canton, SD! According to Lincoln County Planning & Zoning this property currently has 1 housing eligibility and this eligibility will be sold with the property. If you are a farmer or investor looking for a fantastic tract of land or if you are looking to establish your dream home on a property with plenty of space this property can fulfill all of your needs!
Method of sale: Farm will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the Land. This farm will be surveyed and sold based on the gross surveyed acres.
Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,628.12 per year. Seller will pay the 2022 taxes which are due and payable in the spring and fall installments of 2023.
Possession: Full Possession will be on March 1, 2023. This property is available to farm for the 2023 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 11, 2023 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. 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 statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. 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. One of the sellers is a licensed real estate agent in the state of South Dakota. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.
Walter & June Sogn Heirs- Owners
Zomer Company — 1414 Main St., Rock Valley, IA 51247 — 712-476-9443 — www.zomercompany.com
Mark Zomer – 712-470-2526 — Ryan Zomer – 712-441-3970
Darrell Vande Vegte – 712-470-1125—Joel Westra—605-310-6941