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Land Auction 106.17 Acres

Willow Lake, SD 57278

Clark County, South Dakota

106 Acres
Land Auction
February 23, 2017 11:00 AM
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Land Description

Broker's Comments:
Attention Land Buyers and Hobby Farm Seekers.
If you are looking for quality farm land east of Willow Lake, here is your chance to own heavy hitting crop land and a potential hobby farm. With easy access 3 miles east of Hwy 25 and Hwy 28, the potential acreage site is currently equipped with a mature grove, rural water and panoramic views overlooking a large pond, rolling terrain and a bounty of waterfowl and wildlife alike.

According to FSA information, there are 63.02 cropland acres mainly made up of Class II, Poinsett-Waubay silty clay loams with a productivity index of .89. Currently enrolled in ARC-CO, this farm offers 36.90 base acres, having a corn base of 12.3 acres and a PLC yield of 166 bu and a 24.60 acre soybean base with a 32 bu PLC yield. With a rolling topography and easy access, this land is a well rounded investment in a highly productive farming area with a variety of hunting experiences awaiting you. Take Advantage of this opportunity early in the new year and let it pay off for you in years to come. Now’s the time.

Soil information is provided by Surety Agridata. Cropland & base acres are FSA information.

Terms:
This is a cash sale. Closing and landlord possession will be on or before March 23, 2017, as this land is sold subject to a lease expiring March 31, 2018. Seller to credit buyer at closing in the amount of $10,500 for the 2017 cash rent. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and 10% non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. The 2016 real estate taxes due in 2017 will be paid by the seller. All of the 2017 RE taxes due and payable in 2018 will be the responsibility of the purchaser. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. A survey will not be provided and will be the purchasers responsibility if needed or requested. FSA yields, bases, payments and other information is estimated and not guaranteed and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold subject to a waterfowl management rights easement which one cannot drain, burn, level, fill any of the protected wetlands. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Clark County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Said property is sold as is. This sale is subject to a 7% buyer premium. This sale is subject to seller confirmation. Not responsible for accidents.

Legal Description

The SE1/4 less the East 585.7' less the South 435'; and the West 996.9' of the East 1582.6' less the South 1583.5', all located in the SE 1/4 Section 2-T113N-R56W of the 5th PM, Clark Co SD.

Directions

From Willow Lake: 6 miles east on Hwy 28/190 St, 1 mile south on 435 Ave. , land is on west side.

Annual Taxes
$1,270
Owner Will Subdivide
No
Owner Will Finance
No
Owner Will Lease
No
Covenants or Restrictions
No
Residence / Home
No
Commercial Building
No
Mineral Rights Included
No
Zoning
Agricultural
Terrain
Gently Rolling
Access
Gravel Road
Electricity Service
No
Telephone Service
No
City Water Service
Yes
Sewer Service
No
Natural Gas Service
No
Cable TV Service
No
Cell Service
No
Internet Service
No
Well
No
Septic
No
Posted
11 Days Ago
Last Updated
5 Days Ago
LANDFLIP ID
117822
Land features, descriptions, details, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.