January 31, 2022 10:30 am

Lincoln County, SD, Farmland Auction of 96.88+/- acres. Sold for $14,800 per acre!

Pleasant Township

Owners: R&C Hulshof Farms LLC

On the East edge of Beresford, SD at the intersection of HWY 46 and 472nd Ave(117) go North on 472nd Ave(117) for 5 miles to 292nd St then go 3/4 Mile East on 292nd St. to the farm. Farm is located on the North side of 292nd St. Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland!

This Farmland Is Located Northeast of Beresford, SD! This Is An Inside Tract Of Farmland!

 

Auctioneers Note: Our company is honored to have been selected to offer this inside tract of farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers great opportunity to start your land portfolio or add to your current operation!! The property presents a great investment potential! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!

 

Legal Description: Parcel I: The West 1600 feet of the Southeast Quarter of Section 4, TWP 96N, Range 50, West of the 5th P.M., Lincoln County, SD. Subject to all public roads and easements of record.

 

General Description: This property contains 96.88+/- gross acres according to the Lincoln County assessor. According to FSA this tract of farmland has approx. 95.7 tillable acres. The predominant soil types include: Eab-Egan, EsC-Egan-Shindler, EcB-Egan-Chancellor, WhA-Wentworth-Chancellor. According to Agri-Data this farm has a productivity index rating of 79.2 on the total farm and a county soil rating of .848. This farm has a corn base of 47.3 acres with a PLC yield of 153bu. And a soybean base of 46.9 acres with a PLC yield of 47bu. This farm has over 9,500+ feet of drainage tile line installed with maps available. All of the drainage tile line was installed in 2019 and 2020! This is an inside tract of farmland with excellent soil ratings! Fall tillage has been completed on the farm and 5 tons per acre of compost was applied to the farm in the fall of 2020! Buyer will not be required to reimburse seller for the fall tillage completed or compost applied! Prior soil test and compost analysis available for review by contacting an agent listed below. This farm is available to the new buyer to farm for the 2022 crop year! This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction and purchase this property!!!

Method of sale: The farm will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the Land.

 

Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $2,066.10 per year. Seller will pay the 2021 taxes which are due and payable in the spring and fall installments of 2022.

 

Possession: Possession will be on closing day. This farm is available for the 2022 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 March 1, 2022 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 Abstract & Title will act as Escrow and Closing agent. This farm 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 statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Buyer agrees to accommodate the sellers with a 1031 exchange. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.

 

Auctioneers:

Mark Zomer – 712-470-2526
Joel Westra – 605-957-5222
Darrell Vande Vegte – 712-470-1125
Ryan Zomer – 712-441-3970
Joel Westra—605-310-6941

 

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