UNION COUNTY LAND AUCTION
162.27 +/- Acres Alcester Township
Wednesday, April 26, 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, 2 miles east on 301^st 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 east of Alcester and 4 miles west of the Iowa border, this productive land has been in a corn/soybean rotation and is leased for the 2023 crop year.  The land has a soil rating of .680 and an AgriData-Surety productivity index of 63.1.  Predominate soils include:  Crofton-Nora complex, 6-11% slopes, eroded, and Alcester silty clay loam, 2-6 % slopes.  This parcel has both highly-erodible land (HEL) and non-highly-erodible land (NHEL).  According to the FSA there are 161.17 acres of cropland, 115.6 acres corn base/142-bushel PLC yield, 30-acre soybean base/44-bushel PLC yield.  Taxes: $3,688.58.  The property will be sold subject to an existing farm lease for 2023.  The buyer will receive a seller-enhanced rent at closing of $285.00 per acre on 161.17 acres, for a total amount of $45.933.45, to be credited in full to the buyer at closing.  In case of inclement weather please check our website or listen to WNAX radio.

Legal Description:  SW ¼ NE ¼ and N 20’ SE ¼ NE ¼; SE ¼ NE ¼ less 20’ for Road less Lot H16; NE ¼ SE ¼ less 2.30 acres of Lot H17; SE ¼ SE ¼ less 2.41 acres of Lot H17 less .60 acres of Railroad; S 11 acres SW ¼ SE ¼ less .64 acres Railroad, 23-95-49, Union County, SD.

Terms:  15% nonrefundable down payment day of sale with the balance due at closing on or before June 12, 2023.  Possession at closing.  Title insurance and closing costs split 50/50 between buyer and seller.  2022 taxes due in 2023 to be paid by the seller.  2023 taxes due in 2024 to be paid by the buyer.  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 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.

LeRoy and Gale Peterson Family Trust, Owner
Susan Froschheuser, Trustee

Auctioneer/Broker:
Joel R. Westra, Broker, Beresford, SD 605-310-6941
Joel A. Westra, Broker Associate, Chancellor, SD 605-957-5222
Phil Eggers, Broker Associate, Renner, SD 605-351-5438
Jonathan Hagena, Broker Associate, Lennox, SD 605-728-7282
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526