Sold

THANKS TO THE VERY LARGE CROWD IN ATTENDANCE AND THE BIDDERS FROM 3 STATES, FARMLAND SOLD FOR $17,000.00 PER ACRE!!!!

December 6, 2023 @10:30 A.M. ---Live Public Auction Of 76.95+/- Acres Of Farmland & A 3+/- Acre Site With A 44 x 65 Machine Shed Built In 2017 & A Housing Eligibility Located In Dayton TWP, Lincoln County, SD! North Of Canton, SD & Southeast Of Harrisburg, SD!! Sold In Two Separate Tracts!

Auction Date: December 6, 2023 - 10:30 am

Lincoln County

Upcoming Live Public Auction Of 76.95+/- Acres Of

Quality Farmland With A Housing Eligibility &

A 3+/- Acre Building Site With A 44 x 65 Building & Housing Eligibility

Located In Dayton TWP, Lincoln County, SD

To Be Sold In Two Separate Tracts!

These Properties Are Located North Of Canton, SD & Southeast Of Harrisburg, SD!

Located 4 1/2 miles From Canton, SD & 9 1/2 miles From Harrisburg, SD!

Tract 1: 76.95+/- Acres Of Farmland With A Housing Eligibility

Tract 2: 3+/- Acre Building Site With 44 x 65 Machine Shed & A Housing Eligibility

Location: From the Canton, SD firehall go North on 481st Ave for 4 1/2 miles to the properties or from Harrisburg, SD go 2 miles East on 273rd St to HWY 11 then go South on HWY 11 for 3 miles to 276th St (116) then go 3 miles East on 276th St (116) to 481st Ave then go 1 1/2 mile South on 481st Ave. Auction signs will be posted. Watch zomercompany.com for inclement weather! Auction will be held at the site of the land!

Sale Date: December 6, 2023 @10:30 A.M.

Auctioneers Note: Our company is honored to have been selected to offer for sale at auction this excellent tract of farmland in Lincoln County, South Dakota! This farmland is an excellent area located only 4 1/2 miles North of Canton, SD and 9 1/2 miles from Harrisburg, SD! Do not pass up the opportunity to purchase this tract of farmland or building site or both! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Abbreviated Legal Description of Tract 1: The South 1/2 of the NW1/4 of Section 25, TWP 99N, Range 49W, Lincoln County, SD EXCEPTING Tract 2 of Ramse’s addition. Subject to all public roads and easements of record.

General Description of Tract 1: This property contains 76.95+/- gross acres according to the county assessor. According to FSA this tract of farmland has approx. 75.75+/- tillable acres with the remainder in road/ditch. The predominant soil types include: WhA-Wentworth-Chancellor, Cd-Chancellor-Viborg, Ws-Worthing, EaB-Egan, WeA-Wentworth, Te-Tetonka. According to Agri-Data this farm has a productivity index rating of 76.6 on the tillable land and a county soil rating of .876. This farm has a corn base of 44.23 acres with a PLC yield of 158bu. and a soybean base of 34.36 acres with a PLC yield of 46bu. This is an outstanding farm in Dayton TWP, Lincoln County, South Dakota! This farm has outstanding soil ratings and can be farmed predominately in 1/2 mile rows! This farm is 98% tillable and is an inside tract of farmland with road on only 1 side! This property will also be sold with 1 housing eligibility! If you are looking for a great farm to add to your operation or a fantastic investment this tract of land is one that you will want to take a look at! Make plans today to attend this auction and purchase this tract of farmland!

Abbreviated Legal Description Of Tract 2: Tract 2 of Ramse’s addition in the South 1/2 of the NW1/4 of Section 25, TWP 99N, Range 49W, Lincoln County, SD. Subject to all public roads and easements of record.

General Description of Tract 2: This property according to the recent survey contains approx. 3+/- acres! This property is located straight North of Canton, SD & approx. 9 1/2 miles Southeast of Harrisburg, SD! This property is situated on a hard surface road and will be sold with a housing eligibility! This property also features an approx. 44 x 65 pole building with 16ft sidewalls which was built in 2017! This building has sliding doors on the West side and has a dirt floor! This property would make an excellent location to build your dream home or even to purchase and use the building for storage! Buyers are encouraged to verify with Lincoln County planning and zoning to ensure buyers potential use of property is permitted. This is an excellent opportunity that is not available every day! The possibilities for this property are endless! Building sites with 3+/- acres and a machine shed already constructed is not something that is available often in this area! Make plans today to attend this auction and purchase this property!

Method of sale: Auction will be held at the site of the property. Tract 1(farmland) will be sold with the final bid price times 76.95+/- acres and Tract 2 (building site) will be sold in total dollars. Tracts will be sold in the order listed and will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,920.00 per year combined on Tract 1 and Tract 2. Seller will pay the 2023 taxes which are due and payable in the spring and fall installments of 2024.

Possession: Full Possession will be on March 1, 2024. This property is available to farm for the 2024 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 February 16, 2024 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. Lincoln County Title 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 statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All measurements and years built are estimated and not guaranteed. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.