LIVE ONLY - SOLD 2 350 per acre Auctioning 43 acres of land near Toronto South Dakota

Event Date:

5/19/2016 11:00:00 AM CT

Address:

48704 190 St
  • SOLD 2 350 per acre Auctioning 43 acres of land near Toronto South Dakota

    Real Estate

    Attention row crop farmers, investors, & potential rural acreage seekers.this 43.75 acres, located between brandt and hendricks, offers a home site, m
SOLD $2,350/acre! Attention Row Crop Farmers, Investors, & Potential Rural Acreage Seekers. This 43.75 acres, located between Brandt and Hendricks, offers a home site, mature trees, CRP and pasture. Situated two miles from Fish Lake amidst a wildlife haven, this property has 12.4 acres enrolled in CRP through 2021 with income of $941 per year. Currently used for hunting, there are approximately 20 acres of grassland inclusive of two main wetlands, having the potential to be quality pasture. The 18+/- acres previously farmed are made up of mainly Class II soils with a .77 productivity index, while the overall productivity index is .674, with a rolling topography of 0-15% slope. The balance of this property consists of an acreage site inclusive of a house, several outbuildings and a mature grove. Used during hunting season, this house was built in 1915 with an addition built in 1950, offering 600+sf and a 110+sf porch. This house is equipped with a bathroom, furnace and well water. This acreage offers a 12x16 detached garage, a 40’x60’ shed built in 1955, a 32x42 barn and several other outbuildings. The opportunity is here for you to make your own income producing recreational paradise or hobby farm in a beautiful country setting! Take Advantage of this opportunity and we will see you at the auction!

TERMS:

TERMS: This is a cash sale. Closing and landlord possession will be on or before June 3rd, 2016. Land not under CRP contract is free to farm/pasture or rent in the 2016 season. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and 10% non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. All of the 2015 RE taxes due and payable in 2016 will be paid by the seller. The 2016 real estate taxes due in 2017 will be the responsibility of the purchaser. Buyer to assume CRP contract and receive the 2016 payment in fall. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. A survey will be provided and will be provided to the purchasers. FSA yields, bases, payments and 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. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Deuel County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. No buyer premium charged. Said property is sold as is. This sale is subject to seller confirmation. Not responsible for accidents.
Questions? Contact Us!

Megan Hammond

(605) 692-2525

megan@advantagelandco.com

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