LAKE COUNTY SD LAND AUCTION
157.61+/- ACRES ORLAND TOWNSHIP LAND
FARMERS ~ INVESTORS ~ ACREAGE SITE POTENTIAL – FAMILY OWNED FARM FOR 74 YEARS!
THURSDAY DECEMBER 5, 2019 Sale Time: 10:00 AM
Farmers, Investors, Hunters & Acreage Buyers..Don’t miss this opportunity to increase your farming operation, make a wise investment or purchase a unique building site with trees & recreation at your door step!
The Raymond J & Patricia A Leiferman Trust will offer the following real estate at public auction on the Farm Site located at 238th St & 452nd Ave, Madison, SD.
Directions: From Mustang Seeds (Hwy 34 & 454th Ave), South 4 miles to 238th St & West 2 miles OR Hwy 34/81 & 451st Ave, South 5.5 miles to 238th St & East 1 mile.
FARM: 157.61+/- acres of strong producing land with a Lake Co average soil rating of .686 according to County Assessor information. This farm offers a great location with easy access to highways and close proximity to Dakota Ethanol and other local grain markets. FSA information indicates that this farm has 153.74 farmland acres; 151.78 cropland acres; 107 acre corn base (136 bu PLC yield); 25 acre wheat base (30 bu PLC yield); 1.3 acre soybean base (33 bu PLC yield); & ARC County enrollment. Surety Agri-Data shows this farm with a soil average of .670. The property has been tenant farmed with consistent crop rotations, fertilizer & some ditching for maximum profits. Farm currently has a rye cover crop with 25-35-0-15 N-P-K-Sulfur fertilizer custom applied in September by Farmer’s Ag Center in Madison. It was also field drug, land rolled & is ready for Spring 2020! This farm has been family owned since 1946 and know as the “Clancy Quarter”.
LEGAL: The NE 1/4, Sec 3-T105N-R53W, Lake County, SD.
REAL ESTATE TAXES: $3,129.38
TERMS: CASH with a 15% irrevocable down payment date of auction with the balance due at closing by January 17, 2020. Buyer obtains full possession for the 2020 crop year. Seller pays 2019 taxes due in 2020. A Trustee’s Deed will be conveyed with the owners title insurance & closing service fees paid equally by seller & buyer. The farmland deeded acres are “more or less”, the seller does not guarantee existing fences lie on the true boundary lines & any new fencing will be the responsibility of the buyer. This real estate is sold in “AS IS” condition & subject to existing easements, restrictions, reservations or roads of record, as well as any Lake County zoning ordinances. FSA acres, yields, bases, payments and other information is estimated, not guaranteed and subject to county committee approval. Property is sold subject to confirmation by the Seller. Auctioneers represent the seller in this transaction. Announcements day of auction supersede printed materials.
RAYMOND J. & PATRICIA A. LEIFERMAN TRUST – Owner
Sweeter Auction & Real Estate, LLC – Jon Sweeter – ph. 605-360-6978
Chuck Sutton – Auctioneer & Land Broker, LLC – ph. 605-336-6315