CANTON
TWP., LINCOLN
COUNTY LAND AUCTION
66.59 Acres of Extremely Choice and Productive Canton
Twp., Lincoln Co, SD Farmland with 3 Rural Housing
Eligibilities Located Just South of Canton
SD
We will offer the following located from west edge of Canton SD
on US HWY 18 (Peltiers Body Shop), go 1 mile south on
480th Ave.
(West Street).
WEDNESDAY, SEPTEMBER 3RD,
10:00AM
This is truly a
fine offering of good productive farmland with a proven history of performance
which also contains 3 rural eligibilities for possible home sites. This
property is located just 1/2 mile south of Canton SD
city limits and traversed by the south fork of Beaver Creek with very
productive farmland on both sides and township roads on 3 sides. According to
FSA info, there is 57.0 acre of cropland with a 38.9 acre corn base with 90bu,
Direct and Counter-cyclical yield, 0.8 acre soybean base with 30bu. yields and
wheat base of 2.5 acres with 33bu. yields. The balance of land is in waterway
and road right of ways. The predominate soils found
are Lamo and Graceville silty clay loams with other
incidental soils comprising a .711 land rating. This property has much appeal
for an addition to existing farming operations, the investor and rural
homebuilders. Be sure to inspect this property and then attend this auction.
Contact Auctioneers for any additional information.
Legal Description:
North 1/2 of Northwest ¼ except Tract 1 of Petersen Addition, Section 26, Twp.
98, R. 49 (Canton
Twp.), Lincoln Co., SD
Terms: Cash. A 15% non-refundable earnest money
payment day of sale with balance due on or before December 10th, 2008 with full
possession. An owner’s title policy will be provided with the cost of
the policy and closing agent’s fee (Lincoln County Title) split 50/50 between
the buyer(s) and seller. 2007 RE taxes in the amount of $1,585.36 and the 2008
taxes paid by the sellers. The FSA yields, bases and payments are estimated and
not guaranteed and are subject to County
Committee approval. This
property is sold subject to any existing easements, restrictions, reservations
or highway of record, if any. The RE Licensees are acting solely as agent’s for
the seller. Sold subject to confirmation of the trust.
GERALD and SANDRA JOHNSON
JR. TRUST
First National Bank in Sioux Falls, Tom Benz Trust Officer
Tom Souvignier, RE Auctioneer & Broker
Assoc., Canton SD (605) 987-2404
Chuck Sutton, Auctioneer & Land Broker, Sioux Falls SD
(605) 336-6315