LINCOLN COUNTY, SD LAND AUCTION
103.03 +/- Acres, Canton Township
Wednesday, Nov 9, 2022 10:30 AM
We will sell the following real estate at public auction at the land site located from Canton, SD, 2 miles south on SD Hwy 11 and ¾ mile west on 284th St.
Auctioneer’s Note: This is a once in a lifetime opportunity to purchase productive southeastern South Dakota land located southwest of Canton, SD and less than 3 miles from the Iowa-South Dakota border. The land has been in a corn-soybean rotation and is available to the new owner to farm for the 2023 crop year. Grain elevators and ethanol plants are in proximity to the property. The farm has a soil rating of .770 and according to Surety/AgriData a productivity rating of 74.9. Predominate soils include: Wentworth-Chancellor silty clay loams, 0-2 percent slopes (38.2% of the field) and Egan silty clay loam, 3-6% slopes (26% of the field). The FSA estimates there are 97.2 acres of cropland, a 54-acre corn base/138-bushel PLC yield, a 19-acre soybean base/33-bushel PLC yield. Taxes: $2,096.56. The property includes 2 building eligibilities. In case of inclement weather please check our website or listen to WNAX radio.
Legal Description: W ½ SW ¼ and the South 1795’ of the West 562’ of the E ½ SW ¼, 28-98-49, Lincoln County, SD.
Terms: 15% nonrefundable down payment day of sale with the balance due at closing on or before Dec 21, 2022. Possession of the land will be at closing. Title insurance and closing costs split 50/50 between buyer and seller. 2022 taxes due in 2023 to be paid by the seller. 2023 taxes due in 2024 to be paid by the buyer. The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”. The seller does 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. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. The land 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 owner.
Bethel Trust, Owner
Auctioneers/Brokers:
Joel R Westra, Broker, Beresford, SD 605-310-6941
Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222
Phil Eggers, Broker Associate, Renner, SD 605-351-5438
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526