Phillips- 148.87 Acres of Unimproved Badger Twp., Davison Co., SD Land

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ESTATE LAND AUCTION

+/- 148.87 Surveyed Acres of Well Located Badger Twp., Davison County, SD Land – This Property Includes a Mixture Acres with a Cropland History, Native & Tame Grass Pasture/Hayland – Located Approx. 15 Miles Northwest of Mitchell, SD or 7 miles Northwest of Loomis, SD and Lying Adjacent to the Davison-Sanborn County Line  

In order to settle the Vicki Lynn Phillips Estate, we will offer the following real property at auction at the land – Located from Vern Eide Ford on the North Side of Mitchell SD – 7 miles north on Hwy. #37, then 7 miles west on 245^th St. and ½ mile north on 402^nd Ave. to the SE Corner of the land (the NE Corner of the land is at the Jct. of 244^th St. & 402^nd Ave).; from Loomis, SD – ½ mile north on 405^th Ave., 1 mile west on 247^th St., 2 miles north on 404^th Ave. and ½ mile north on 402^nd Ave.

WEDNESDAY NOVEMBER 28, 2018                     Sale Time:  10:00 AM

AUCTIONEERS NOTE:    If you are in the market for a parcel of Davison County, SD Land as an addition to an area crop-livestock operation, land for an investment or land upon which to construct a new home, or a combination of these or other suitable utilizations, then make plans to inspect this property and be in attendance at this auction.  This is a scenic parcel of land with a good location situated just ½ mile from an oil road in northern Davison County, SD.  This property includes some hardy upland grass and is traversed by Firesteel Creek and would be extremely well suited for use in conjunction with a cow-calf operation.

ATTENTION LIVESTOCK PRODUCERS – This is an exceptional parcel of primarily upland grass pasture that would make an extremely nice addition to a cattle operation, an also is inclusive of areas that may be suitable for utilization as cropland/hayland acres.  According to FSA information this +/-148.87 acre farm has approximately 31.69 acres classified on their records as cropland, although there are no established bases or yields as the cropland acres have been utilized as hayland/pasture for many years.   Currently this land is sowed to grass and utilized as pasture/hayland, although portions may be suitable for conversion to row crop use, subject to approval and compliance with the USDA sodbuster & swampbuster provisions of the farm program.  The perimeter fence appears to be primarily 4 barbed wire fencing.  Livestock water is provided from a combination of Firesteel Creek.  According to the Davison County Assessor this farm has an overall soil rating/parcel rating of .60.8, similarly info. obtained from Surety Agri-Data, Inc. indicates this land has a Productivity Index of 59.4.   The general topography of this land is gently rolling to rolling, with some lower lying areas along the creek and drainage.  This property is situated in the Mitchell School District.  The total RE Taxes payable in 2018 on this property were $1,718.04.  If you are in the market for a desirable parcel of Davison County, SD land suitable for a variety of utilizations, then make plans to inspect this property and be in attendance at this auction.

Legal Desc.:  Lot 1 and the S ½ NE ¼ of Sec. 5, T. 104N., R. 61W., Badger Twp., Davison County, SD.

TERMS:  CASH – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before January 18, 2019, with full possession.  A Personal Representative’s Deed will be conveyed and an Owner’s Title Insurance policy will be provided with the cost of the owner’s policy divided 50-50 between the buyer and seller.  Morgan-Theeler, LLP will act as the closing agent and attorney for the sellers, with the closing fees to be paid by the estate.  The sales price of this property will be in accordance with acres as stated on a recent survey of the property by SPN & Associates, with the acres understood to be “more or less”.  The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the buyer pursuant to SD Law.  All of the 2018 RE taxes payable in 2019 will be paid by the sellers.  This property is sold in “As Is Condition” and the information contained herein is deemed to be correct, but is not guaranteed.  FSA cropland acres, yields, bases & other information is estimated and subject to County Committee approval. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Davison Co. Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the seller.  Sold subject to confirmation of the Co-Personal Representatives.  For addt’l information contact the auctioneers.

 VICKI L. PHILLIPS ESTATE

Joshua Phillips & Lisa Swetson – Co-Personal Representatives

Morgan-Theeler LLP – Jack Theeler – Attorney & Closing Agent for the Estate – Mitchell, SD – ph. 605-996-5588

 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 – RE Broker Assoc. & Auctioneer – Flandreau, SD – ph. 605-864-8527[/vc_column_text][/vc_column][/vc_row]