September 23, 2010 - 234.38 Acres of Clay County, SD Farmland

We sell at public auction the following real estate located from Beresford, SD,  9 miles south on I-29 to the Volin Exit,  3 ½ miles west on 306^th St.

 This is a rare opportunity to purchase highly productive Clay County land that been in the Silkenson family since it was homesteaded in 1884. That is 126 years of ownership by the same family!  This is a once in a lifetime opportunity to expand your current farming operation or purchase as an investment.  The land includes an acreage with a home, machine shed and grain bins. The real estate will be offered as two tracts:

 Tract I: +/-155.36 Acres Legal: N ½ NE ¼ and the S ½ NE ¼ 21-94-51 Clay County, SD. According to the FSA office there is an estimated 146.4 acres of cropland, 72.7 acre corn base/83 bushel yield, a 72.5 acre soybean base/ 23 bushel yield. The land has been in corn and soybean rotation. Predominate soils include  Egan-Chancellor-Davison and Egan-Clarno-Chancellor. Taxes: $4686.82

The tract includes a two story home, 2812 finished sq ft, 4 bedrooms, 2 baths,  rural water, established shelter belt, 48’x64’ machine shed, grain bins and other out buildings.

Tract 2: +/-79.02 Acres: Legal: N ½ SE ¼ 21 94 51 Clay County SD. According to the FSA office there is an estimated 79 acres of cropland, 39.1 acre corn base/ 83 bushel yield, a 39 acre soybean base/ 23 bushel yield. The land has been a corn and soybean rotation. Predominate soils include Egan-Chancellor-Davison and Davison-Tetonka-Egan. Taxes: $1605.76

TERMS: 10% nonrefundable down payment day of sale with the balance due on or before October 25, 2010. Sale subject to 2010 lease, farms are available to the new owners for the 2011 crop year.  The home is available to move in March 1, 2011.  Title insurance and closing costs split 50/50 between buyer and seller.  2009 taxes due in 2010 paid by the seller. 2010 taxes due in 2011 will be paid by the seller.  Sold subject to existing easements, restrictions, reservations, or highway of record, if any.  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 owners.

Evelyn C Silkensen & Karl and LaDonna Schulz