Hanson – +/-93 Acres of Unimproved Jefferson Twp., Moody Co., SD Land

LAND AUCTION

93 +/- Acres Productive Farmland in Jefferson Twp., Moody Co., SD

In order to settle the Estate of Gerald R. Hanson, we will offer at Public Auction the following described Real Estate located from Colman, SD, Main St. & Hwy. 34, 2 miles north and following curve west to 469^th Ave. then addt’l. 3 ½ miles north on 469^th Ave., and ½ mile west on 229A or from Flandreau, SD, I-29 & Exit 114, go 3 ½ miles west on 230^th St., ½ mile north on 469^th Ave. & ½ mile west on 229A on:

Monday, August 24, 2020    Sale Time:  10:00 A.M.

Auction Held at the Farm

This all-tillable, attractive 93 +/- acre farm is located in a productive area in eastern South Dakota.  According to the FSA Office, the farm has 92.47 acres cropland with approx. 85.04 acres presently being farmed and an additional 7.43 acres in CRP at $319.20 per acre for a total of $2,372.00 under Contract #11096.  CRP runs from October 1, 2006, to September 30, 2031, and new buyer assumes present CRP payment with the first being for year 2021.  The corn base is 83.9 acres with PLC yield of 148 bus.  According to Surety AgriData, this farm is made up of excellent Class I and Class II soils and has a productivity index of 80.6.  This good farm with its gentle slope has been well operated and is best suited for raising corn or soybeans and would be ideal for an existing farm operation or an investor.  The farm is presently seeded to soybeans and has had approximately $15,000 of farm tile installed.

Legal Description:  SW ¼, Exc. S 60 Acres & Exc. Lot 1 Hanson’s Addition, Section 21, T-107-N, R-50-W, Jefferson Twp., Moody County, SD.

For additional information, contact the Auctioneers    COME PREPARED TO BUY.

TERMS:  10% non-refundable earnest money deposit due day of auction with balance due on or before October 15, 2020.  Title insurance and closing fee split 50/50 between buyer and seller.  Seller will pay 2020 real estate taxes based on 2019 levy.  This property is sold subject to any easements, restrictions, reservations of record.  Information contained herein is believed to be accurate but not guaranteed.  Sold subject to confirmation of personal representative.  Auctioneers represent the seller in this transaction.

GERALD R. HANSON ESTATE – OWNER

David Hanson – PR – John Shaeffer, Flandreau, SD – Attorney & Closing Agent

AUCTIONEERS & REALTORS                                                                                    

Burlage Peterson Auctioneers & Realtors, LLC – Lenny & Tyler Burlage, Jim & Scott Peterson – 317 4^th St., Brookings SD   605-692-7102

Chuck Sutton Auctioneer & Land Broker, LLC – Chuck Sutton   605-336-6315 & Jared Sutton   605-864-8527 – Flandreau & Sioux Falls SD