Upcoming Farmland Auction Of 167.35+/- Acres Of Farmland Located In Virginia TWP North, Union County, SD!
Located East of Alcester, SD & Northwest Of Hawarden, IA!
This Is A Fantastic Tract Of Land Which Will Be Sold As One Parcel!
Do Not Miss Out On This Opportunity To Purchase A Quality Union County, SD Farm!
Sale Date: November 27, 2023 @1:00 P.M.
Location: From the Alcester Golf Country Club go East for approx. 4 miles on 301st St. to the farmland. Farm is located in the Northeast corner of the intersection of 301st St and Virginia Road. Auction will be held at the Alcester Golf Country Club Parking Lot (307 E 6th St., Alcester, SD) Watch zomercompany.com for inclement weather!
Auctioneers’ Note: We are honored to present this outstanding tract of Union County, SD farmland for sale at auction! Not everyday can you say that you have the opportunity to purchase a farm in Virginia TWP North, Union County, SD! This is a very nice tract of farmland which offers a great investment opportunity and would make an excellent addition to your current operation! Call an auctioneer today to receive a full informational packet!
Abbreviated Legal Description: The SE1/4 of the NE1/4 and the N1/2 of the SE1/4 and the W1/2 of the SE1/4 of the SE1/4 and the SW1/4 of the SE1/4 lying East of the Highway, all in Section 20, Township 95N, Range 48 West of the 5th P.M., Union County, SD; Except Summy Tract 1 in the NW1/4 of the SE1/4 and in the SW1/4 of the SE1/4 of Section 20, Township 95N, Range 48 West of the 5th P.M., as platted in Book 13 Plats, Page 107, Union County, SD. Subject to all easements of record and public highways
General Description: According to Union County Assessor this property contains 167.35+/- gross acres. According to FSA/Agri Data, this farm contains approx. 166.45+/- tillable acres (Note: This does also include the grass terraces according to FSA). This farm has a corn base of 99.5 acres with a PLC yield of 162bu. And a soybean base of 65 acres with a PLC yield of 49bu. This farm is classified as HEL. The predominant soil types include: CnD2-Crofton, Ae-Alcester, MdC-Moody, Ka-Kennebec, ShD-Shindler, McB-Moody, CbE2-Crofton and ShE-Shindler. This farm has a average productivity rating of 63.7 and an average soil rating of 0.767. This farm has been contour farmed and has been well maintained! When the last PLC yield update was done on this farm the average yield for corn was approx. 200bu. Per acre and the average yield for soybeans was approx. 60bu. per acre! This would make a great addition to your operation or a great investment! This is farm is located East of Alcester, SD! This is a fantastic opportunity to purchase a 167.35+/- acre tract of Union County, SD farmland! Land long term has always proven itself to be an excellent investment! Make plans today to purchase this farm!
Method of sale: Auction will be held at the Alcester Golf Country Club Parking Lot (307 E 6th St., Alcester, SD) Farmland will be sold with the final bid price x the final gross county acres of 167.35+/- acres of farmland. This farm will be sold based on the deeded acres as shown by the Union County Assessor. This farm will NOT be surveyed.
Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $4,436.12 per year. The 2023 RE taxes which are due and payable in 2024 for the tax period of January 1, 2023 through December 31, 2023 shall be paid by the seller. (Any amounts used for any pro-rations of taxes shall be based on prior years taxes). Buyer shall be responsible to pay for all real estate taxes for the property which are for the period starting January 1, 2024 and beyond.
Possession: Full possession will be on March 1, 2024. This land is 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 which will be on or before March 1, 2024. The seller reserves the right to request the buyer to close on this farm on a 30 day notice if the seller desires to close sooner than March 1, 2024. Closing fees and title insurance shall be split 50/50 between the buyer and the seller. Michael McGill attorney shall act as escrow and closing agent. Buyer shall receive a clear and merchantable title to the property on closing day. 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. All buyers are encouraged to do buyer’s due diligence. 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 statutes. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.
Inez M. Summy Funnel Trust & Dana Reed Revocable Trust—Owners
Mark Zomer-712-470-2526—Ryan Zomer-712-441-3970
Ivan Huenink-712-470-2003—Joel Westra—605-310-6941