Sold

Thank You to all who attended the Auction both live and Online-This farmland sold for $13,000.00 per acre

October 12, 2022 @10:30 A.M.---Upcoming Live Public Auction Of 160+/- Acres Of Farmland Located In Alcester TWP, Union County, SD Located Northeast of Alcester, SD & Southeast Of Norway Center, SD!--Wendell Sandbulte--Owner

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Auction Date: October 12, 2022 - 10:30 am

Union County

Upcoming Live Public Auction Of A 160+/- Acres Of Farmland

In Alcester TWP, Union County, SD

This land is located Northeast of Alcester, SD & Southeast Of Norway Center, SD!

This is a great opportunity to purchase a great tract of land

in an area known to have excellent soils!

This tract of land will be sold in 1 tract and consists of 160+/- acres!

Location: From Alcester, SD go North on SD HWY 11 for 2 miles to 299th St. then go 2 1/2 miles East on 299th St. The Farm is located on the South side of 299th St. Auction signs will be posted. Watch zomercompany.com for inclement weather! Auction will be held at the site of the land.

Sale Date: October 12, 2022 @10:30 A.M.

Auctioneers Note: The Zomer Company is honored to have been selected by Wendell to offer this tract of land for sale to the public at auction as Wendell has purchased land closer to his home operation in Iowa and is doing a 1031 exchange. This will be a live auction with online bidding! This is a great opportunity to add acres to your current operation or your investment portfolio! Check it out today! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Legal Description: The West One-Fourth of the Northeast Quarter of the Northeast Quarter (W1/2 NE1/4 NE1/4); the West Half of the Northeast Quarter (W1/2 NE1/4); and the East Half of the Northwest Quarter (E1/2 NW1/4), except Wilson Tract I in the NE1/4 NW1/4 as platted in Book 9 of Plats on Page 86 and in Plat Correction as recorded in Book 26 of Miscellaneous on Page 958; all in Section 13, Township 95 North, Range 49 West of the 5th P.M., Union County, South Dakota, according to the government survey thereof. Subject to all public roads and easements and any special assessments of record.

General Description: This property contains 160+/- gross acres according to the Union County Assessor. According to FSA this tract of farmland has approx. 157.8+/- tillable acres. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, McB-Moody, MdC-Moody-Nora, ShE-Shindler, Ma-McPaul. According to Agri-Data this farm has a productivity index rating of 64.2 and a county soil rating of .707. This farm has a corn base of 114.7 acres with a PLC yield of 144bu and a soybean base of 13.7 acres with a PLC yield of 44bu. This farm has rolling topography with some grass terraces. This farm had approx. 8345ft of drainage tile installed in 2016! This farm presents a great opportunity to add a farm with good soils to your current operation or also presents a great investment opportunity to purchase a farm in a great area! This farm has had a great production history! This auction offers you the opportunity to purchase an excellent Union County, SD farm! Make plans today to attend this auction and purchase this property!!!

CLICK HERE TO WATCH A VIDEO OF THE PROPERTY.

Method of sale: This farm will be sold with the final bid price x the gross county acres. This farm will not be surveyed and buyer will be purchasing this property based on 160+/- gross county acres. Auction will be held on site at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $3,878.46 per year. Seller will pay the 2022 taxes which are due and payable in the spring and fall installments of 2023.

Possession: March 1, 2023 or upon completion of the current years harvest. This farm will be 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 November 15, 2022 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. Michael Mcgill 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. This farm will not be surveyed and is being sold based on county gross acres. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.