October 27, 2021 10:30 am

Lincoln County, SD, Farmland Auction 159.44 Acres. Sold for $13,400 per acre!

Highland Township

Owners: Richard Rens Jr. Revocable Trust

This Farmland Is Northwest of Hudson SD & Southwest of Fairview, SD

Location: From Hudson, SD go 5 miles West on 294th St. to 482nd Ave then go 2 miles North on 482nd Ave to 292nd St then go 1 mile West on 292nd St to 481st Ave then go 1 mile North on 481st Ave to the farmland. This farm is located in the Northwest corner of the intersection of 291st St and 481st Ave.  Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland!

Auctioneers Note: Our company is honored to have been selected by the Rens family to offer this 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: The SE 1/4 of Section 35, Twp 97N, Range 49W, Lincoln County, SD.- Subject to all public roads and easements of record.

General Description: This property contains 160+/- gross acres. According to FSA this tract of farmland has approx. 149.10 tillable acres with remaining balance of the farm in road/ditch and approx. 7.66 acres of waterway & tree/grass area/dam area. The predominant soil types include: MoB, MpC2, MoA-Moody, Af-Alcester & W-Water. According to Agri-Data this farm has a productivity index rating of 68.6 on the total farm and a county soil rating of .840. This farm has a corn base of 101 acres with a PLC yield of 147bu. And a soybean base of 46.70 acres with a PLC yield of 44bu.. The dam located in the Southwest corner of the property is part of the Brule Creek watershed project and buyer must comply with all regulations concerning the dam. This a great farm in an area where farms are not often offered for sale! Property is sold subject to access road easement which borders the South side of the property and grants ingress/egress access easement to the Brule Creek watershed district. 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 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. $3,205.52 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 March 1, 2022.

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 10, 2021 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. 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
Blake Zomer – 712-460-2552
Gary Van Den Berg – 712-470-2068
Darrell Vande Vegte – 712-470-1125
Ryan Zomer – 712-441-3970
Joel Westra – 605-310-6941

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