Winesburg – +/-43 Acres of Unimproved Orland Twp., Lake Co., SD Land
June 6, 2017 @ 10:00 am
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ESTATE LAND AUCTION
+/- 43 Acres of Productive High Percentage Tillable Orland Township, Lake Co., SD Land
On behalf of the James Winesburg Estate, we will offer the following real property at auction at the Land – located from Orland, SD (Jct. of 241st St. /Lake Co. Hwy. #52 & 451st Ave./Lake Co. Hwy. #41) – 2 miles west on 241st St. and approx. 3/8ths mile north on 440th Ave. to the SW Corner of the Land; from Madison, SD (Pizza Ranch Corner) – 3 miles west on Hwy. 34 to the NW Corner of the Madison Country Club, then approx. 8 miles south on 451st St. to Orland, 2 miles west on 241st St. and 3/8ths mile north on 449th Ave.
Tuesday June 6, 2017 Sale Time: 10:00 AM
This auction presents the opportunity to purchase a small productive parcel of Lake County, SD farmland with an extremely high percentage tillable. If you are in the market for land as an addition to an existing row crop operation or as an investment, then make plans to inspect this property and be sure to be in attendance at this auction. This property consists of a +/- 43 acre virtually 100% tillable parcel of land that is situated on the north end of the SW¼, which is being sold off with the remainder of the quarter being retained by the family, and as such is part of a 160 acre parcel on FSA records, thus accurate FSA cropland, yields and bases are unavailable, as this property will be subject to an FSA reconstitution subsequent to sale. Based on a visual inspection of the FSA and Surety Agri-Data aerials, this 43 acre parcel is nearly 100% tillable, as the pasture and other non-tillable acres are on the portion not being sold and retained by the family. According Surety AgriData information this +/-43 acre parcel of farmland has a very respectable soil productivity index of 82.9. This land has very good eye appeal and a level to gently rolling topography. This land is leased for the 2017 crop year, although at closing the buyer will be compensated by the seller with a cash rental rate of $160.00 per acre on 43 acres or a rounded total of $6,900.00, with full possession of the land subsequent to the harvest of the 2017 crops and/or removal and baling of corn stalks/bean straw by the current tenant with subsequent Fall tillage privileges. This property has been well farmed and is located in Orland Twp. of Lake Co., SD which is a highly regarded farming area of the county and this land would serve as a great addition to a row crop farming operation or investment.
LEGAL DESC.: The West 1,320’ of the North 1,418.23’ of the SW¼ of Sec. 17, T. 105N., R. 53W., (Orland Twp.), Lake Co., SD.
TERMS: Cash – A 10% nonrefundable downpayment sale day & balance on or before July 21, 2017 with landlord’s possession; buyer to receive a credit for the 2017 cash rent at closing of $6,900.00, with full possession of the land subsequent to harvest. Marketable Title by a Personal Representative’s Deed, or other documents conveying marketable title will be conveyed and an owner’s title insurance policy will be provided with the cost divided 50-50 between the buyer and seller. A Title Company closing fee, if any, will be divided 50-50 between the buyer and seller. All of the 2016 RE taxes payable in 2017 will be paid by the estate, the 2017 RE taxes payable in 2018 on this +/-43 acre parcel will be paid by the buyer. This property will be sold based on the acres as determined by a recent survey of the property Midwest Land Surveying, Inc., with a Certificate of Survey Provided, with any platting and survey costs to be paid by the estate; with the surveyed acres and acres sold to be understood to be “more or less.” The sellers do not guarantee that existing fences lie on the true and correct boundaries and any new fencing, if any, will be the responsibility of the buyer pursuant to SD Law. FSA yields, bases, payments & other information will be subject to an FSA Reconstitution and are subject to County committee approval. Information contained herein is deemed to be correct but is not guaranteed. The RE licensees in this transaction are acting as agents for the seller. This property is sold in “AS IS” condition & subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Lake County zoning ordinances. Sold subject to confirmation of the Pers. Representative. To view maps or an auction packet see www.suttonauction.com or bessmanauctions.com. For additional information, contact the auctioneers.
JAMES A. WINESBURG ESTATE
Robin M. Eich – Eich Law Office – Attorney for the Estate – Hartford, SD – ph. 605-528-3000
CHUCK SUTTON – Auctioneer & Land Broker
– Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
CHIP WOSJE – RE & Personal Property Auctioneer – Nunda, SD – ph. 605-480-2847
WAYNE BESSMAN – RE & Personal Property Auctioneer – Madison, SD – ph. 605-270-4980
& JARED SUTTON – RE & Personal Property Auctioneer – Flandreau, SD – ph. 605-864-8527[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row]