Sold

Oct 16-2013-111.61 Acres Grant Twp, Lincoln County SD Farmland--Hammer Family owners

Open House:

sold for $6050.00 per acre

Lot Size:

111.61 acres

LINCOLN COUNTY, SD LAND AUCTION

111.61 +/- Acres, Grant Township

Wednesday Oct 16, 2013 11:00 AM

We will sell the following real estate at the land site located off the I-29 Davis Hurley Exit, 1 ¼ miles west on SD Hwy 18.

Here is an opportunity to purchase productive Lincoln County farmland located in southeast South Dakota’s prime agricultural producing region. The land is currently in a corn/soybean rotation and is available to the new owner for the 2014 crop year. Property includes two housing eligibilities. Predominate soils include Chancellor- Tetonka and Wentworth-Chancellor. According to Surety /AgriData the productivity index rating is 74.8. According to the Lincoln County FSA there are 90.3 acres of cropland with a 57.8 acre corn base/83 bushel yield/ 83 CC yield and a 30.2 acre soybean base / 25bushel yield/25 bushel CC yield. Taxes $2214.96. If you are looking to expand your current operation or considering land as an investment, don’t miss this auction!

Legal Description: SW ¼ NW ¼ and W ½ SW ¼ except .50 acre Rd and part sold and N375’ of the S2374.3 of the E349.2’ of the W930’ NW ½ SW ¼ and the E569’ of the W930’ of the S375’ and the N750’ of the S2374.3 W ½ SW ¼ 36-98-51 Lincoln County, SD.

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before Dec 3, 2013. Title insurance and closing costs split 50/50 between buyer and seller. 2013 taxes due in 2014 to be paid by the seller. 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.

Ruth Jacobson, Ralph Hammer, Donald Hammer, Ruth Wickstrom, Owners