Upcoming Live & Online Public Auction Of 218.55+/- Acres
Located in Prairie TWP, Union County, SD
This land is located East of Beresford, SD, Northwest of Alcester, SD & Southwest of Norway Center, SD! This Land Is Approx. 12 Miles From The Iowa/South Dakota Border!
This Land Will Be Sold In Two Separate Tracts!
Tract 1: 70.98+/- Acres
Tract 2: 147.09+/- Acres
Sale Date: October 24, 2023 @10:30 A.M. at the Site of Tract 1
Tract 1 Location: From Beresford, SD go East on HWY 46 for 4 miles to Tract 1. Tract 1 is located in the SW corner of the intersection of HWY 46 and 476th Ave. Auction for both tracts will be held at the site of Tract 1.
Tract 2 Location: From Beresford, SD go East on HWY 46 for 3 miles to 475th Ave. then go 2 1/4 miles South on 475th Ave. to Tract 2. Tract 2 is in the SW corner of the intersection of 299th St and 475th Ave. Auction signs will be posted. Auction for both tracts will be held at the site of Tract 1.
Auctioneers Note: Zomer Company and Westra Auction are honored to have been selected by the Heirs of Gladys Mollet and Viola Biddle to offer these farms for sale at public auction! Land in Prairie TWP is not often available for sale! If you are looking to purchase one or two excellent tracts of Union County, SD farmland then be sure to take a look at these two farms! Watch westraauction.com or zomercompany.com in case of inclement weather!
Abbreviated Legal Description of Tract 1: The East 1/2 of the Northeast Quarter of Section 1, TWP 95N, Range 50W, Union County, SD excluding Larson Tract 1 contained therein and excluding Gothland Cemetery contained therein and excluding Lot H-3. Subject to all public roads and easements of record.
General Description of Tract 1: This property contains 70.98+/- gross acres according to the Union County assessor. According to FSA this tract of farmland has approx. 69.13+/- tillable acres. The predominant soil types include: McB-Moody, MdC-Moody-Nora, Ae-Alcester. According to Agri-Data this farm has a productivity index rating of 72.8 and a county soil rating of .848. This farm has a corn base of 33.90 acres with a PLC yield of 160bu and a soybean base of 32.80 acres with a PLC yield of 48bu. According to Union County, SD this farm has 1 housing eligibility remaining on the South 40 acres of the property. Farmers & Investors this is one farm that you will not want to miss! This is one of those farms which checks all of the boxes including excellent soil ratings, good location on a hard surface road and with good availability of grain facilities in the area! Do not pass this opportunity to purchase a top quality Union County, SD tract of farmland! The owners of this farm have signed a temporary construction easement with the State of SD for work to be completed on HWY 46.
Abbreviated Legal Description of Tract 2: The NE1/4 of Section 14, TWP 95N, Range 50W, Union County, SD Excluding Mollet Tract 1 and excluding R-3. Subject to all public roads and easements of record.
General Description of Tract 2: This property contains 147.09+/- gross acres according to the Union County assessor. According to FSA this tract of farmland has approx. 140.71+/- tillable acres and approx. 4.98+/- acres currently enrolled in CRP with a contract end date of 9-30-2030 with an annual payment of $1,130.00. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, Ca-Calco, De-Dempster, MdC-Moody-Nora. According to Agri-Data this farm has a productivity index rating of 60 and a county soil rating of .704. This farm has a corn base of 74.40 acres with a PLC yield of 151bu and a soybean base of 66.31 acres with a PLC yield of 46bu. According to Union County, SD this farm has 3 housing eligibilities remaining on the property. This farm is well located on a hard surface road with excellent access to local grain facilities! Land for generations has proven to be an excellent investment! Do not pass up the opportunity to purchase this farm! This farm has over 5,500 feet of drainage tile line installed. This farm also has a Northern natural gas pipeline which runs through the property! Wow when was the last time you were able to purchase 2 high quality Union County, SD farms!
Method of sale: This farm will be sold with the final bid price x the gross acres. Auction will be held at the site of Tract 1. Tracts will be sold in the order listed and will not be combined in any way.
Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $2,186.68 per year on Tract 1 and approx. $3,673.18 per year on Tract 2. Taxes will be pro-rated and paid by the seller through December 31, 2023.
Possession: Possession will be on March 1, 2024. This farm will be available to farm for the 2024 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 December 1, 2023 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. Michael McGill attorney shall act as closing and escrow agent. This property 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 will be required to assume the current CRP contracts and will be responsible for any midterm maintenance required if any. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Michael McGill—Attorney For Seller.
Heirs of Gladys Mollet & Viola Biddle—Owner
Mark Zomer – 712-470-2526