LAND AUCTION
301.88 Acres of Richland Township McCook County,
SD Land - Extremely Well Located Productive Cropland & Pasture Situated
Between Salem, SD & Montrose, SD and lying Adjacent to Hwy. #38
We will offer the following real property at auction at
the land located from Salem, SD (Jct. Hwys. #81 &
#38) - Approx. 2 1/8 miles east on Hwy. #38 to the NW Corner of Tr. #2; from
Montrose, SD - 7 miles west on Hwy. #38 to 444th Ave. to the NE Corner of Tr.
#1; this property is bordered on the north by Hwy. #38, on the east by 444th
Ave. and on the West by 443rd
Ave.
DATE: WEDNESDAY MORNING OCTOBER 1, 2008
This 301.88 acre farm will be offered as Tr. #1 -
153.29 Acres in the NE 1/4, Tr. #2 -148.59 Acres in the NW 1/4 or Tracts #1
& #2 Combined as a 301.88 Acre Unit.
If you are in the market for land featuring productive
cropland, small parcel of pasture/hayland &
superb location and other excellent amenities which has
been in the Feterl Family for approx. 65 years, then
make plans to inspect this property and be in attendance at this auction.
According to FSA information Tracts #1 & #2 Combined as a 306 acre unit has
a total of approximately 240.1 acres of cropland with a 119.5 acre corn base
with a 66 bu. direct yield and a 127 bu. countercyclical yield and a 119.4 acre
soybean base with a 30 bu. direct yield and a 36 bu. CC yield. The non-tillable portion of this farm
consists of approx. 54.63 acres located on the west side of the farm in Tr. #2
that is currently utilized as pasture and includes a dugout; the remainder of
the nontillable area of this farm consists primarily of a drainage ditch,
waterways & roads. There is a
drainage easement and some existing drain tile throughout portions of this
farm. The general topography of this
land is level to nearly level.
According to the McCook County Soil Survey and information obtained from
Surety AgriData, Inc., this property has some
productive soils and a productivity index on the unit of a 76. The 2007 RE taxes payable in 2008 on NE 1/4
are $2,238.54 and on the NW 1/4 are $2,214.62.
If you are in the market for extremely desirable productive land
situated in an excellent agricultural area of McCook County, SD to serve an
addition to an area farming operation, as an investment or as a combination of
these or other suitable utilizations, then make your arrangements for financing
and make plans to be in attendance at this auction.
LEGAL DESC.: TR. #1 - The NE 1/4, Exc. Lot H-1 &
Exc. Tr. A of Feterls Add’n in the N 1/2 of Sec. 20,
all in Sec. 20, T. 103N., R. 54W., (Richland Twp.), McCook Co., SD; TR. #2 -
The NW 1/4, Exc. 1.98 Acres of Hwy. & Exc. 5.58 Acres of Tr. A of Feterls Add’n in the N 1/2 of Sec. 20 & Exc. the N.
450’ of the W. 400’ of the NW 1/4 NW 1/4 & Ex. Land Deeded for Road
Purposes, all in Sec. 20, T. 103N., R. 54W., (Richland Twp.), McCook Co., SD.
TERMS: CASH -
A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before
December 5, 2008 with possession subject to the existing tenants rights to
harvest the 2008 standing crops.
Marketable Title will be conveyed and owners title insurance provided
with the cost of the owners policies divided 50-50 between the buyer and
seller. All of the 2007 RE Taxes due and
payable in 2008, as well as all of the 2008 RE taxes payable in 2009 will be
paid by the sellers. The total acres are
based on the acres stated on the county tax records, with this property sold by
the acre with acres to be sold - more or less. The seller does not warranty or
guarantee that existing fences lie on the true boundary, if any new fencing
will be the responsibility of the purchaser pursuant to SD statutes. FSA yields, bases & payments are
estimated and subject to
For additional information, contact the auctioneers.
ROBERT A. FETERL
& EVELYN M. FETERL REVOCABLE TRUST, Owners
Home Ph. 605-425-2396
CHUCK SUTTON - Auctioneer & Land Broker
& TERRY HAIAR - Auctioneer & RE Broker
Associate -