UNION COUNTY LAND AUCTION
224.57 +/- Acres, Big Springs Township
Cropland/Pasture
Friday, Oct. 27, 2023 @ 10:30 AM
We will sell the following real estate at public auction, both live/online at the land site located from Hwy 11 in Alcester, SD, 5 ½ miles south on SD Hwy 11 and 1 ¼ mile east on 307th St.
Auctioneer’s Note: If you are looking to expand your farming operation or buy land as an investment, don’t miss this auction! Located south of Alcester, SD and 4 miles west of the Iowa border, the land is close proximity to grain elevators and ethanol plants. The cropland has been in a corn/soybean rotation and both the cropland and pasture are available for the 2024 crop year. Hard surface roads border the southern and eastern boundaries. The land includes 3 building eligibilities, however if the land is split in separate tracts, it is subject to different subdivision rules.
Legal Description: N ½ SE ¼ SW ¼ and S1/2 SE ¼ SW ¼ less Tract 1 Blauth Addition and NE ¼ SW ¼ and SE ¼ less Tract 1 Newman Addition less R-3 SW ¼ SE ¼ less R-4 SE ¼ SE ¼ less R-3 SE ¼ SE ¼, 23-94-49, Union County, SD.
Land will be offered as follows and will not be combined.
Tract 1: 162 +/- acres of cropland. According to Surety-AgriData, the land has an estimated productivity rating of 63.6. Predominate soils include: Crofton-Nora complex, 6-11 % slopes (35.6% of field); Kennebec silty clay loam (19.2% of the field); Alcester silty clay loam, 2-6% slopes (17.2% of the field) and Moody silty clay loam, 2-6% slopes (13.2% of the field). The land has both highly-erodible land (HEL) and non-highly-erodible land (NHEL). According to the FSA the corn PLC yield is 134 bushel and the soybean PLS yield is 37 bushels. The land will be reconstituted after the survey. Taxes: TBD.
Tract 2: 62 +/- acres of pasture/trees. The pasture is very productive with the ability to handle a good number of cow/calf pairs. Trees along western side provide shelter. The East Union Creek meanders through the property providing a source of water. The purchaser of the pasture will be responsible for any new fencing and up keep of existing pasture fence. Taxes: TBD.
Terms: 15% nonrefundable down payment day of sale with the balance due at closing on or before Nov 15, 2023. The land will be surveyed. The purchaser of the pasture will be responsible for any new fencing and up keep of existing pasture fence. Title insurance and closing costs split 50/50 between buyer and seller. 2023 taxes due in 2024 to be paid by the seller. 2024 taxes due in 2025 to be paid by the buyer. 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. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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. Mike McGill, Attorney, Beresford, SD, Closing Agent.
Heirs of Richard and June Newman
Julie Blauth and Peggy Licari- Owners
Auctioneer/Brokers:
Joel R. Westra, Broker, Beresford, SD 605-310-6941
Joel A. Westra, BA, Chancellor, SD 605-957-5222
Jonathan Hagena, BA, Lennox, SD 605-728-7282
John Hauck, BA, Beresford, SD 605-254-6966
Phil Eggers, BA, Renner, SD 605-351-5438
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526
