{"id":43048,"date":"2018-03-02T00:00:00","date_gmt":"2018-03-02T06:00:00","guid":{"rendered":"https:\/\/zomercompany.com\/site\/properties\/day-one-march-22-2018-1030-a-m-live-farmland-auction-of-612-30-acres-of-lincoln-county-sd-farmland-to-be-sold-in-five-tracts-this-is-a-once-in-a-lifetime-opportunity-tract-1-sold-for-9050\/"},"modified":"2021-10-25T17:52:47","modified_gmt":"2021-10-25T22:52:47","slug":"lincoln-county-sd-farmland-auctionzomer-auctions","status":"publish","type":"wealty_realty","link":"https:\/\/zomercompany.com\/site\/lincoln-county-sd-farmland-auctionzomer-auctions","title":{"rendered":"Day One March 22, 2018 @ 10:30 A.M. Live Farmland Auction Of 612.30+\/- Acres Of Lincoln County SD Farmland To Be Sold In Five Tracts--This Is A Once In A Lifetime Opportunity!! Tract 1 sold for $9050.00 per acre--Tract @ Sold for $9175.00 per Acre--Tract 3 Sold For $8800.00 per acre--Tract #4 Sold for $7900.00 Per acre--Tract # 5 Sold for $6200.00 Per Acre!!! Thanks to the Very Very large crowd in attendance!!!"},"content":{"rendered":"

George S. Gimbel Estate Land Auction<\/h1>\n

Over 1200 acres of Prime Lincoln County SD Farmland<\/h1>\n

2 Day Auction – March 22nd and 23rd<\/h1>\n

– All Land Available to Farm in 2018 –<\/h1>\n

Day One March 22, 2018<\/span><\/strong><\/p>\n

Sale Time: 10:30 A.M.<\/span><\/strong><\/p>\n

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We will sell the following real estate at public auction. The auction of all tracts<\/span><\/strong> will be conducted at 47468 280th St., Worthing, SD 57077, (the old LifeLight Festival location), or located from the East edge of Worthing, 2 miles East on County #124 (280th<\/sup> street). In case of inclement weather please check our website or listen to WNAX radio.<\/p>\n

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Auctioneer\u2019s Note:<\/strong> We are honored to sell the George S. Gimbel Estate.<\/span> George loved attending land auctions and acquired exceptional farm land over the years. Here is your opportunity to own this land! These tracts are located in southeastern South Dakota\u2019s prime agricultural region.\u00a0 A number of the parcels possess great potential for future development and housing opportunities. Land buyers, if you are looking to expand your current farming operation or purchase land as an investment, be sure to attend this auction, this is a once in a lifetime opportunity!\u00a0 All tracts are available to the new owner for the 2018 crop year.\u00a0 Fall tillage has been completed on many of the tracts and the buyers will compensate the former tenants at closing for the tillage as described below.\u00a0<\/span><\/p>\n

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CLICK HERE FOR A MAP SHOWING THE LOCATION OF ALL OF THE LAND<\/strong><\/em><\/span><\/a><\/p>\n

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Day 1<\/strong><\/span><\/h3>\n

612.3 +\/- Acres, 5 Tracts<\/strong><\/span><\/h3>\n

Thursday March 22nd<\/sup>, 2018 10:30 AM<\/strong><\/span><\/h3>\n

\u00a0<\/strong><\/p>\n

Tract 1 – 70 +\/- acres:<\/strong>\u00a0 Legal Description: S \u00bd SE \u00bc Except N 250′ of E 871.2′ & Tract 1 Reuers Addition, 3-99-49, Dayton Township, Lincoln County, SD. Tract 1 is located at the intersection of 274th<\/sup> street and 480th<\/sup> Ave., or from Harrisburg, 4 miles East on County #110 and \u00be miles South on 480th<\/sup> Ave. This tract includes tile and 1 housing eligibility. The FSA estimates there is 67.0 acres of cropland with a 35.4 acre corn base with a PLC yield of 113 bu. and 31.6 acre soybean base with a PLC yield of 34 bu. Soil rating: 0.800. According to Surety\/Agridata the land has a productivity rating of 83.3 and predominate soils include: Chancellor\u00adWakonda\u00adTetonka\u00a0complex & Wentworth silty clay loam, 0\u00a0to\u00a02\u00a0percent slopes. \u00a0At closing buyer will pay former tenant $216.00 for fall tillage performed.\u00a0 Property taxes: $2,013.36.<\/p>\n

CLICK HERE FOR FSA MAP<\/a><\/p>\n

CLICK HERE FOR SOIL MAP<\/a><\/p>\n

CLICK HERE FOR WETLANDS MAP<\/a><\/p>\n

CLICK HERE FOR AERIAL VIDEO<\/a><\/p>\n

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Tract 2 – 159.83 +\/- acres:<\/strong>\u00a0 Legal Description: SW \u00bc Except .17 Acres to County, 13-99-49, Dayton Township, Lincoln County, SD. Tract 2 is located at the intersection of 276th<\/sup>\u00a0street and 481st<\/sup>\u00a0avenue, or from Canton, 5 miles North on County #135. This tract has hard surface roads on two sides has extensive tiling and includes 4 housing eligibilities. The FSA estimates there is 153.8 acres of cropland with a 76 acre corn base with a 113 bu. PLC yield and 77.8 acre soybean base with a PLC yield of 34. Soil rating: 0.851. According to Surety\/Agridata the land has a productivity rating of 83.5 and predominate soils include: Wentworth\u00adChancellor silty clay loams,\u00a00\u00a0to\u00a02\u00a0percent\u00a0slope & Egan silty clay loam, 3\u00a0to\u00a06 percent slopes. At closing buyer will pay former tenant $2,565.00 for fall tillage performed.\u00a0 Property taxes: $3,718.40.<\/p>\n

CLICK HERE FOR FSA MAP<\/a><\/p>\n

CLICK HERE FOR SOIL MAP<\/a><\/p>\n

CLICK HERE FOR TILE MAP<\/a><\/p>\n

CLICK HERE FOR WETLANDS MAP<\/a><\/p>\n

CLICK HERE FOR AERIAL VIDEO<\/a><\/p>\n

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Tract 3 – 73.47 +\/- acres:<\/strong>\u00a0 Legal Description: S \u00bd NW \u00bc Except .21 Acre Road & N 755′ of W 365\u2019, 21-99-49, Dayton Township, Lincoln County, SD. Tract 3 is located \u00bc mile South of the intersection of 276<\/span>th<\/sup> street and 478<\/span>th<\/sup> avenue, or from Harrisburg, 2 miles east on County #110 and 3 \u00bd miles south on SD Hwy 11. This tract has a hard surface road on the west side and includes 1 housing eligibility. There is a 12 inch main tile running just inside of the east edge of the property however the buyer cannot tie lateral tile into that line without reaching an agreement with other neighboring landowners.\u00a0 The FSA estimates there is 74.0 acres of cropland with a 35.8 acre corn base with a PLC yield of 113 bu. and 38.2 acre soybean base with a PLC yield of 34 bu. Soil rating: 0.781. According to Surety\/Agridata the land has a productivity rating of 75.6 and predominate soils include: Wentworth\u00adChancellor\u00a0silty clay loams, 0\u00a0to\u00a02\u00a0percent\u00a0slopes & Chancellor-Wakonda-Tetonka complex. At closing buyer will pay former tenant $1,110.00 for fall tillage performed.\u00a0 Property taxes: $1,568.70.<\/span><\/p>\n

CLICK HERE FOR FSA MAP<\/span><\/a><\/p>\n

CLICK HERE FOR SOIL MAP<\/span><\/a><\/span><\/p>\n

CLICK HERE FOR TILE MAP<\/span><\/span><\/a><\/p>\n

CLICK HERE FOR WETLANDS MAP<\/a><\/p>\n

CLICK HERE FOR AERIAL VIDEO<\/a><\/p>\n

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Tract 4 – Approx. 149 +\/- acres:\u00a0<\/strong>Final acres to be determined by taxable acres less the survey of the acreage. Legal Description: SW \u00bc Except .42 Acre Road & Lot H-2 & less acreage TBD, 16-99-49, Dayton Township, Lincoln County, SD. Tract 4 is located at the intersection of Hwy 11 and 276th<\/sup>\u00a0street, or from Harrisburg, 2 miles east on County #110 and 2 \u00bd miles south on SD Hwy 11. This tract has hard surface roads on two sides and includes 3 housing eligibilities. There is no tile on this property.\u00a0 There is a culvert\/drainpipe located in the southeast corner of the property that is not currently authorized for use in future tiling.\u00a0 The FSA estimates there is currently 148.2 acres of cropland with a 72.9 acre corn base with a PLC yield of 113 bu. and 74.8 acre soybean base with a PLC yield of 34 bu. and will be reconstituted after survey of acreage is complete. Soil rating: 0.876. According to Surety\/Agridata the land has a productivity rating of 85.6 and predominate soils include:\u00a0 Wentworth silty clay loam,\u00a00\u00a0to\u00a02\u00a0percent\u00a0slopes & Chancellor\u00adViborg silty\u00a0clay\u00a0loams. At closing buyer will pay former tenant $630.00 for fall tillage performed.\u00a0 Property taxes: TBD. Current access to the tract is through the driveway on the acreage, the new owner will be responsible for constructing new driveway by fall harvest.<\/p>\n

CLICK HERE FOR FSA MAP<\/a><\/p>\n

CLICK HERE FOR SOIL MAP<\/a><\/p>\n

CLICK HERE FOR WETLANDS MAP<\/a><\/p>\n

CLICK HERE FOR AERIAL VIDEO<\/a><\/p>\n

\n

 <\/p>\n

Tract 5 – 160 +\/- acres:<\/strong>\u00a0 Legal Description: NW \u00bc, 28-100-51, Delapre Township, Lincoln County, SD. Tract 5 is located at the intersection of SD Hwy 17 and 271st<\/sup> Street, or from Tea, 2 miles west on County #106 and \u00bd miles north on Hwy 17. This tract has a hard surface road on the west side and includes 4 housing eligibilities. The FSA estimates there is 139.2 acres of cropland with a 70.2 acre corn base with a PLC yield of 105 bu. and 69.0 acre soybean base with a PLC yield of 33 bu. Soil rating: 0.726. According to Surety\/Agridata the land has a productivity rating of 70.8 and predominate soils include: Egan\u00adShindler complex,\u00a02\u00a0to\u00a06 percent\u00a0slopes & Huntimer silty clay loam,\u00a00\u00a0to\u00a02\u00a0percent\u00a0slopes. At closing buyer will pay former tenant $1,125.00 for fall tillage performed.\u00a0 Property taxes: $3,652.30.<\/p>\n

CLICK HERE FOR FSA MAP<\/a><\/p>\n

CLICK HERE FOR SOIL MAP<\/a><\/p>\n

CLICK HERE FOR WETLANDS INFORMATION<\/a><\/p>\n

CLICK HERE FOR AERIAL VIDEO<\/a><\/p>\n

TERMS:<\/strong>\u00a0 15% nonrefundable down payment the day of the auction with balance due at closing on or before May 3rd<\/sup>, 2018. Possession to be given at closing, however upon making the nonrefundable down payment, the buyer may begin field work for the 2018 crop year. \u00a0Failure to close, as per the terms of the purchase agreement, shall result in forfeiture of the down payment and work performed. At closing, the buyer of each tract shall also pay for fall tillage that was completed on each tract purchased.\u00a0 That amount is listed in the description of each tract.\u00a0 Title insurance and closing costs split 50\/50 between buyer and seller. 2017 taxes due in 2018 to be paid by the seller.\u00a0 2018 taxes due in 2019 to be paid by the buyer. \u00a0The acres in these tracts are based on acres stated in the county tax records with acres to be understood to be \u201cmore or less\u201d. 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. Information on housing eligibilities obtained from Lincoln County Planning & Zoning.\u00a0 The property is sold in as is condition and as a cash sale with no financing contingency.\u00a0 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.\u00a0 Statements made the day of sale take precedence over all written advertising.\u00a0 Real Estate licensees are agents for the seller. Sold subject to confirmation of owners.<\/p>\n

LUNCH WILL BE PROVIDED EACH DAY COURTESY OF FARM CREDIT SERVICES OF AMERICA<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

George S. Gimbel, Estate Owner<\/strong><\/span><\/h2>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

Eileen Reynolds, Personal Representative<\/strong><\/span><\/p>\n

\u00a0<\/strong><\/p>\n

Frieberg, Nelson & Ask, LLP<\/strong><\/span><\/h3>\n

Thomas Frieberg, Closing Attorney <\/strong><\/span><\/h3>\n

\u00a0<\/strong><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

George S. Gimbel Estate Land Auction Over 1200 acres of Prime Lincoln County SD Farmland 2 Day Auction – March 22nd and 23rd – All Land Available to Farm in 2018 – Day One March 22, 2018 Sale Time: 10:30 A.M. We will sell the following real estate at public auction. The auction of all […]<\/p>\n","protected":false},"author":1,"featured_media":93144,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","wealty_rlty_status":[503],"wealty_rlty_sale_type":[969],"wealty_rlty_farmland_year":[676],"wealty_rlty_auction_year":[687],"wealty_rlty_land_realestate_year":[],"wealty_rlty_equipment_year":[],"wealty_rlty_acreage_year":[],"wealty_rlty_ag_facilities_year":[],"wealty_rlty_residential_category":[],"wealty_rlty_commercial_category":[],"wealty_rlty_contract_type":[],"wealty_rlty_region":[840],"wealty_rlty_state":[968],"wealty_rlty_type":[],"wealty_rlty_amenities":[],"wealty_rlty_land_category":[],"wealty_rlty_auction_category":[],"wealty_rlty_acreage_category":[],"wealty_rlty_agfacility_category":[],"wealty_rlty_listing_type":[],"wealty_rlty_energy":[698],"acf":[],"yoast_head":"\nDay One March 22, 2018 @ 10:30 A.M. Live Farmland Auction Of 612.30+\/- Acres Of Lincoln County SD Farmland To Be Sold In Five Tracts-This Is A Once In A Lifetime Opportunity!! Tract 1 sold for $9050.00 per acre-Tract @ Sold for $9175.00 per Acre-Tract 3 Sold For $8800.00 per acre-Tract #4 Sold for $7900.00 Per acre-Tract # 5 Sold for $6200.00 Per Acre!!! Thanks to the Very Very large crowd in attendance!!! - Zomer Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zomercompany.com\/site\/lincoln-county-sd-farmland-auctionzomer-auctions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Day One March 22, 2018 @ 10:30 A.M. Live Farmland Auction Of 612.30+\/- Acres Of Lincoln County SD Farmland To Be Sold In Five Tracts-This Is A Once In A Lifetime Opportunity!! 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