March 17, 2022 10:30 am Clay County, SD, Land Auction of 60 +/- Acres Garfield Township Owners: James R. Lundquist

Auction Date: March 17, 2022 - 10:30 am

Beresford

Clay County

Upcoming Clay County, SD Land Auction

Clay County, SD, Land Auction of 60 +/- Acres

March 17, 2022 10:30 am

Garfield Township

We will sell the following real estate at public auction at the landsite located from Beresford, SD, 2 ½ miles west on SD Hwy 46, 7 ½ miles south on Greenfield Road (468th Ave). The land is located on the west side of 468th Ave.

Auctioneer’s Note: This auction offers an excellent opportunity to expand your current farming operation
or to purchase as an investment. The land is located southwest of Beresford, SD, and is available to farm in
the 2022 crop year. The cropland is being auctioned with the building sites/trees being offered privately.
The land has tile and has been in a corn and soybean rotation. According to the FSA there are 65.97 acres
of cropland with a 29.88 acre corn base with a 127 bushel PLC yield, 28.62 acre soybean base, 33 bushel PLC
yield. The farm will be reconstituted after closing. County soil rating of .689. According to Surety/AgriData
the land has a productivity rating of 83.9. Predominate soils include Egan-Chancellor- Davison complex,
0-3 percent slopes and Egan-Clarno-Chancellor complex, 0-3 percent slopes. Taxes: $1,925.76.

Legal Description: E ½ SE ¼, 10-94-51, Clay County SD.

TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before April 29,
2022. Possession to be given at closing, however upon making the nonrefundable down payment, the buyer
may begin field work for the 2022 crop year. Failure to close, as per terms of the purchase agreement, shall
result in forfeiture of the down payment, work performed and inputs. Title insurance and closing costs split
50/50 between buyer and seller. 2021 taxes due in 2022 to be paid by the seller. 2022 taxes due in 2023 to
be paid by the buyer. The sellers do 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.
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 the owner.