TRACT #1 480 +/- Acres sold for $5000 per acre
TRACT #2 160 +/- Acres sold for $4300 per acres
Attention all farmers, stockmen, investors, and outdoor enthusiasts…don’t miss out on an excellent opportunity to purchase these attractive, well-located, productive agricultural properties!
Auctioneer Note: Dan Clark Auction & Realty, LLC has been given the honor to sell at a public auction, these very attractive parcels of land that could serve as an excellent addition to any farming or livestock operation as well as a hunting or investment property. Powerful soils and great access make this land auction one to be at. These properties will create a great opportunity to add significant acres of quality land to many buyers’ portfolios from a wide variety of purchasers. Buying opportunities to the public are rare in this area so don’t miss out!
These real estate properties will be offered in two individual tracts. Properties will be sold in the manner that results in the highest return for the Sellers.
This will be a live off-site auction with simulcast bidding. You can watch or bid online. Online bidders must pre-register at www.danclarkauctions.hibid.com
Tract (1): (480 +/- Acres) Legal: S ½ of Sec 8-106N- 75W, & the NW ¼ Sec17-106N-75W, Dorman Township, Lyman County, SD According to the USDA FSA this Tract has 451.89 acres of tillable and 12.56 acres of nontillable. This property has a productivity index of 78.8. This property has great access from a state highway and also a maintain county road. This property is currently planted to soybeans, milo, and balance is winter wheat stubble. The wheat stubble will be planted back to winter wheat in September 2022 by the Lessee.
Property Location: From the Clark C Store in Kennebec, South Dakota, the property is located 6.5 miles North on SD Hwy 273.
Tract (2): (160 +/- Acres) SW ¼ 20-106N-75W, Dorman Township, Lyman County, SD
According to the USDA FSA this Tract has 141.34 acres of tillable and 10.77 acres of nontillable. This property has a productivity index of 63.5. This property is located beside the state highway with easy access. This property is planted to Soybeans, milo, and the balance is winter wheat stubble. The wheat stubble will be planted back to winter wheat in September 2022 by the Lessee.
Property Location: From the Clark C Store in Kennebec, South Dakota, this property is located 4.5 miles North on SD Hwy 273.
Terms & Conditions:
This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Immediately upon the conclusion of the auction, the successful bidder(s) will be required to sign a real estate purchase contract and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of ten (10) percent of the total purchase price. The earnest money payment will be made payable to the closing agency Joshua M Reisetter, First Dakota Title, The Title Resource Network, 600 S Main Ave Suite 101, Sioux Falls, SD 57104 (605) 692-5727
Balance of the purchase price is due in certified funds at closing on or before October 19, 2022. Buyer(s) will take full possession after final payment at the date of the closing.
Conveyance of marketable title will be transferred by Warranty Deed, free and clear of liens but subject to easements, reservations, and exceptions of record as well as statutory rights of way and other recorded easements at the time of sale. Owners’ title insurance policy will be provided to the buyer for examination prior to the auction. Cost of title insurance and closing fees will be divided equally 50% buyer & 50% seller.
This property is sold AS-IS / WHERE-IS. Property is being sold by legal descriptions only. Should a property survey become necessary, it will be at the buyers’ expense. Seller(s) do not warranty or guarantee the property boundaries are accurate. Any new boundary survey will be the responsibility of the Purchaser, pursuant to South Dakota statutes. All mineral rights (if any) owned by Sellers will be transferred to the Buyer(s).
This property will be offered at the live auction by _X_ amount of dollars per acre times the taxable acres, equals (=) total dollars $__________________.
This property will be sold by the acre, based on the acres as stated on the county tax records, with the acres understood to be “more or less”.
All of the 2021 and prior years taxes will be paid in full by the Sellers.
Auction is conducted by:
Dan Clark Auction & Realty LLC
525 E. 2 nd St.
Winner, SD 57580
Dan Clark, Broker/Auctioneer Cell (605) 842-6075
Kay Bolton, Broker Associate Cell (605) 830-2932
Kennebec, SD, USA