Nicolai – 135.82 Acres of Unimproved Emery Twp., McCook Co., SD Land
February 10 @ 10:00 am
ESTATE LAND AUCTION
+/- 135.82 Surveyed Acres of Well Located Emery Township, McCook County, SD Land
We will offer the following real property at auction “On Site” at the land – Located from the Salem Exit #364 on I-90 – 1½ miles south on Hwy. #81 and ¼ west on 258th St.to the Jct. of 441st Ave. & 258th St.; from Salem, SD – approx. 5 miles south on Hwy. #81 and approx. ¼ mile west on 258th St.; or from Canistota, SD – approx. 4½ miles west on 261st St., 3 miles north on Hwy. #81 and ¼ mile west on 258th St.
FRIDAY FEBRUARY 10, 2023 Sale Time: 10:00 AM
This auction presents the opportunity to purchase a Surveyed +/-135.82 acre parcel of land situated in Emery Township of McCook County, SD. This +/-135.82 acre farm will be offered as a unit. This land has a relatively high percentage tillable and due to the location of this property within ¼ mile of Hwy. #81 and within 2 miles of the Salem Exit on I-90, this may be a property that could be an attractive location for establishment of a rural acreage site or hobby farm. Additionally there is somewhat of a “Honey Hole” with a few recreational hunting acres in the SW corner of the land, accentuated by the closeness in proximity of this land to West Fork of the Vermillion River. According to FSA information this farm is indicated to have 131.86 acres of farmland with approx. 131.86 acres of cropland with a 48.59 acre corn base with a 126 bu. PLC yield and a 48.51 acre soybean base with a 37 bu. PLC yield and has been enrolled under the ARC County Election of the USDA Farm Program for both corn & soybeans. According to the McCook Co. Assessor this farm has an overall soil rating of .047, comparatively info. obtained from Surety Agri-Data, Inc. indicates this land has an overall productivity index of 47.5. The general topography of this land is gently rolling to rolling. The 2021 RE taxes payable in 2022 on this land were $1,869.76. This is a parcel of land that could serve as an affordable addition to a row crop or crop-livestock farming operation or as an investment.
LEGAL DESC.: That Part of the NE¼, Sec. 14, T. 102N., R. 55W., Lying West of Plat I-1, (Emery Twp.), McCook Co., SD.
TERMS: Cash – A 10% non-refundable earnest money payment sale day and the balance on or before March 24, 2023 with full possession for the 2023 crop year. Marketable title will be conveyed with an owners title insurance policy provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee will be divided 50-50 between the buyer and seller. All of the 2022 RE taxes payable in 2023 the amount of $2,022.64 will be paid by the seller, with the purchaser to be responsible for all of the 2023 RE taxes payable in 2024. The total acres in this farm are based on the acres as stated on a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the Trustee. To make arrangements for absentee bidding or other information contact the auctioneers.
REUBEN NICOLAI ESTATE TRUST, Owner – Steven Nicolai, Trustee
CHUCK SUTTON – Auctioneer & Land Broker –Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777; TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626; JARED SUTTON, CAI – Auctioneer & RE Broker Associate –– Flandreau, SD – ph. 605-864-8527