This Farmland Is Located West of Harrisburg, SD & South Of Sioux Falls, SD!
This Farmland Will Be Sold With 2 Housing Eligibilities!
Auctioneers Note: Our company is honored to have been selected by the Hofer & Wipf families to offer this farmland for sale at live public auction! Make plans today to attend this auction! The property presents a great investment potential with future growth of Harrisburg and the surrounding areas! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!
Legal Description: The E1/2 of the SW1/4 of Section 5, TWP 99N, Range 50W, Lincoln County, SD. Subject to all public roads and easements of record. Subject to easement for Fiber optic line on the North property line of the property.
General Description: This property contains 80+/- gross acres according to the Lincoln County assessor. According to FSA this tract of farmland has approx. 78 tillable acres. The predominant soil types include: WhA-Wentworth-Chancellor, Ca-Chancellor-Tetonka, Ws-Worthing, EcB-Egan-Chancellor. According to Agri-Data this farm has a productivity index rating of 82.5 on the total farm and a county soil rating of .838. This farm has a corn base of 39 acres with a PLC yield of 144bu. And a soybean base of 39 acres with a PLC yield of 44bu. According to Lincoln County Planning & Zoning this property currently has 2 housing eligibilities. This farm presents a great opportunity to add a farm with good soils to your current operation or also presents a great investment opportunity to purchase a farm in a great area within close proximity of Sioux Falls, SD, Harrisburg, SD & Tea, SD! 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!!! WOW what an opportunity!
Method of sale: The farm will be sold with the final bid price x the gross county acres. This farm will not be surveyed and will be sold based on county gross 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. $2,117.00 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 to farm 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 31, 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 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.
Mark Zomer – 712-470-2526
Darrell Vande Vegte – 712-470-1125
Ryan Zomer – 712-441-3970