October 29, 2008 - 40 Acres of Lincoln County, SD Farmland

LINCOLN COUNTY SD FARMLAND AUCTION

OF 40 +/– acres of Productive farmland

Wednesday October 29, 2008

SALE TIME: 10:30 A.M.

Location: from Fairview SD go 3 ½ miles South on #143 and then 1 mile West on 291^st  St. to the corner of 485^th Ave. or from Hudson SD go approx. 4 miles North on #143 then go 1 mile West on 291^st  St. to the corner of 485^th Ave.

Auction signs will be posted !!

 Auction will be held at site of land

Auctioneers note: We are honored to have been asked and truly appreciate the opportunity to offer at public auction this 40+/-acre tract of farmland for Dan and Susan Kamp. This attractive 40 +/– acre tract of farmland would make an excellent addition to anyone’s current farming operation or would make a great investment. Don’t miss this opportunity!!                  

Legal Description: The SW ¼ of the SW ¼ of Section 34, Fairview Township, Township 97 North, Range 48 West, Lincoln County, South Dakota, subject to public roads and easements of record.

General Description: This highly productive 40+/–tract of farmland has 37.8 acres of tillable land with a corn base of 32.2 acres and a direct yield and cc yield of 86 bu. A soybean base of 5.5 acres with a cc and a direct yield of 33 bu. The predominant soil types include MPC2-Moody-Nora, THB-Thurman, ACB-Alcester Silty Clay loam and CPD2-Crofton-Nora. The farm is classified as hel and has a conservation plan in effect including contoured farming and crop rotation etc. This farm is well maintained and managed and provides an opportunity for everyone!!

Taxes: According to the Lincoln County Treasurer the current Real Estate Taxes are approximately $541.44 per year. Seller will pay the 2008 taxes due and payable in the Spring and Fall installments of 2009. 

Possession: Possession of the farmland will be when current crops are harvested.

Terms:  Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day on or before November 21, 2008 when the buyer shall receive a clear and merchantable title to the property. Title insurance and closing fee will be split 50/50 between buyer and seller. The farm is being sold as is as a cash sale with no finance contingencies. 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 the data provided. Any announcements made the day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land sold subject to the confirmation of the sellers. If any additional information is requested please contact the agents listed below. Vande Vegte and Zomer Realty and Auction Inc. are agents for the sellers. Jim Pickner attorney for the sellers.

Website: www.vanzomrealtyauction.com

Dan and Susan Kamp—owners

Auctioneers:

Mark Zomer-712-470-2526

Darrell Vande Vegte—712-726-3428

Joel Westra-605-310-6941