Babcock Land – +/-534.03 Acres of Unimproved Moody Co., SD Land

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LAND AUCTION

534.03 +/- ACRES OF HIGHLY PRODUCTIVE, UNIMPROVED FARMLAND IN GROVENA & CLARE TWPS., MOODY CO., SD

In order to settle the Donald and Judith Babcock Estate, we will offer the following described real estate at Public Auction conducted at the Tract IV location from Flandreau, SD, 4 miles south on Hwy. 13 and ¼ mile east on 234^th St.

 THURSDAY, JUNE 21, 2018     SALE TIME: 10:00 A.M.

This auction presents a rare opportunity to purchase up to 533.16 +/- acres of nearly all tillable  Grovena & Clare Townships, Moody County, SD land.  This land is located in what’s known as the “Agricultural Garden Spot” of eastern South Dakota all within a few miles from Flandreau, SD.  This land has been in the Babcock family for many years.  Now is the time if you are in the market for land that could serve as an outstanding addition to a row crop farming operation or investment opportunity.

Tract I – 79.04 +/- Acres  This farm is located from Flandreau, SD, 3 miles south on Hwy. 13 and ½ mile east on Hwy. 34.  This highly-productive inside farm is all tillable and has predominately Moody Silty Loam and Grovena Loam Soils.  According to Surety AgriData, this farm has an impressive productivity index of 85.9.  This farm lays level with excellent eye appeal has a corn base of 65.87 acres with a PLC yield of 141 bushels.  The new buyer will be credited on 78.82 tillable acres at $275 per acre or $21,676 at closing.  Legal Description:  W ½ of SE ¼ Excluding Lots H-1 & H-2 of Section 3, T-106-N, R-48-W, Grovena Twp., Moody Co., SD.

Tract II – 80 +/- Acres  Located from Flandreau, SD, 5 miles west on Hwy. 32, 2 ¼ miles north on 475^th Ave. or from I-29 Flandreau Exit 114, 2 ½ miles east on Hwy. 32, then 2 ¼ miles north on 475^th Ave.  This choice, highly-productive, inside 80 acres is all tillable and has predominately Moody-Trent Complex and Moody Silty Clay Loam with Surety AgriData productivity index of 89.2.  The farm has a corn base of 79.26 acres with a 154 bushel corn yield.  The new buyer will be credited on 79.67 tillable acres at $275 per acre or $21,910 at closing.  Legal Description:  N ½ of SE ¼ of Section 9, T-107-N, R-49-W, Clare Twp., Moody Co., SD.

Tract III – 60 +/- Acres  Located ¾ mile north of Tract IV on 475^th Ave.  This inside 60 acres is all tillable and has predominately Moody Silty Clay Loam and Wakonda-Chancellor Complex soils and according to Surety AgriData has a productivity index of 86.3.  This is another highly-productive corn and soybean farm.  The new buyer will be credited on 58.75 tillable acres at $275 per acre or $16,157 at closing.  Legal Description:  N 60 Rods of N ½ of SE ¼ of Section 4, T-107-N, R-49-W, Clare Twp., Moody Co., SD.

Tract IV – 155.27 +/- Acres  The auction will be held at this site from Flandreau, SD, 4 miles south on Hwy. 13, ¼ mile east on 234^th St.  This 155 +/- acre farm has app. 151.95 tillable acres.  The farm has predominately Grovena-Bonilla and Doland Loam soils.  The farm has gentle slope to the south and is joined to the west by Hwy. 13.  The new buyer will be credited on 151.95 tillable acres at $275 per acre or $41,787 at closing.  Legal Description:  SW ¼ Exc. N 381.31’ of W 557.04’of Section 10, T-106-N, R-48-W, Grovena Twp., Moody Co., SD.

Tract V – 159.72 +/- Acres  This farm joins Tract IV to the east.  It has approximately 143.5 +/- tillable acres.  Tracts IV & Tract V will be offered individually or as a unit.  Both tracts have a combined corn base of 296.8 with a PLC yield of 152 bushels.  According to Surety AgriData, both tracts have an average productivity index of 78.8.  The new buyer will be credited on 143.5 tillable acres at $275 per acre or $39,463 at closing.  Legal Description:  SE ¼ Inc. OL A Exc. S 208’ of N 429’ of E 142’ of Section 10, T-106-N, R-48-W, Grovena Twp., Moody Co., SD.

Tracts IV & Tract V are surveyed.

TERMS:  10% non-refundable earnest money deposit due day of sale with balance due on or before July 26, 2018.  Title insurance and closing fee split 50/50 between buyer & sellers. Sellers to pay 2017 real estate taxes in 2018.  Buyer will pay all 2018 real estate taxes payable in 2019. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of Trustee and all tracts have some tile. Information contained herein and all statements made herein are believed to be accurate but not guaranteed. Auctioneers represent the sellers in this transaction.

DONALD BABCOCK LIVING TRUST – Owner             JUDITH BABCOCK LIVING TRUST – Owner

First Bank & Trust – Trustee, Mark Stevenson – Trust Officer

 AUCTIONEERS & REALTORS                                                                                        AUCTIONEERS/LAND BROKER

Lenny & Tyler Burlage, Jim & Scott Peterson                                                                           Chuck Sutton   605-336-6315

Burlage Peterson Auctioneers & Realtors, LLC                                                                         Jared Sutton   605-864-8527

317 4^th St., Brookings SD   605-692-7102                                                                                  Flandreau & Sioux Falls SD

www.burlagepeterson.com                                                                                              www.suttonauction.com[/vc_column_text][/vc_column][/vc_row]