Upcoming Live Public Auction Of 64.33+/- Acres Of Quality Farmland in Dayton TWP, Lincoln County, SD
Sale Date: May 19, 2023 @10:30 A.M.
This Land Is Located Southeast Of Harrisburg, SD & Northwest of Canton, SD & Northeast Of Worthing, SD!
This Land Is Only A Few Miles From Harrisburg, SD!
Smaller Tracts Of Land Are Hard To Find!
This Land Has Excellent Soil Ratings & Can Be Predominately Farmed In 1/2 Mile Rows!
Location: From the intersection of US HWY 18 & SD HWY 11 on the West side of Canton, SD go 6 miles North on SD HWY 11 to 276th ST. then go 1/4 mile East on 276th St. The farm is located on the North side of 276th St. or from the East edge of Harrisburg, SD at the intersection of 110 (273rd St) and 476th Ave (Southeastern Ave) go East on 110 (273rd St) for 2 miles to HWY 11 then go South on HWY 11 for 3 miles to 116 (276th St) then go 1/4 mile East on 116 (276th St) to the land. Land is on the North side of 116 (276th St). Auction signs will be posted. Watch zomercompany.com for inclement weather! Auction will be held at the Gate City Event Center Parking Lot in Canton, SD (47947 W 5th St, Canton, SD 57013)
Auctioneers Note: Farmers, Investors & Entrepreneurs this property is one you will want to take a look at! This property is nestled approx. 5 1/4 miles from Harrisburg, SD and is within a short approx. 6 1/2 miles of the West edge of Canton, SD! If you are looking for land then you know that the opportunity to purchase a smaller tract of land in this locale is rarely available! Land longterm has proven itself to be an incredible investment which offers consistent returns year over year and has been proven to appreciate in value! Do not wait to buy land! Buy land and wait! Make plans today to attend this auction and purchase this land! Watch zomercompany.com for inclement weather.
Abbreviated Legal Description: The Fractional East 1/2 of the SW1/4 EXCEPTING Gimbal addition & .42 acre road & Lot H2 & Tract 1 & 2 Kehoe addition & Tracts 1, 2, 3, all located in SW1/4 of Section 16, TWP 99N, Range 49W, Lincoln County, SD.
General Description: According to the Lincoln County assessor this property consists of 64.33+/- gross acres. According to FSA this property contains approx. 62+/- tillable acres. This farm is currently classified as NHEL. This farm has a corn base of 30.7 acres with a PLC yield of 113bu and a soybean base of 31.5 acres with a PLC yield of 34bu.. The predominant soil types of this farm include: Cd-Chancellor-Viborg, WeA-Wentworth, Ws-Worthing, Ca-Chancellor-Tetonka. This farm has an Agri-Data productivity index rating of 82.3 and a county soil rating of .876. According to Lincoln County Planning & Zoning this farm does not have any housing eligibilities remaining. Farmers, Investors & Entrepreneurs this farm is in a prime location within 5 1/4 miles of Harrisburg, SD & 6 1/2 miles from Canton, SD! If you are an investor or farmer looking to purchase your first farm or add acres to your current operation it is not often that you have the chance to purchase a smaller tract of farmland in this locale! This farm checks all of the boxes on what you are looking for in a farm including: an inside tract with road on only 1 side, predominantly 1/2 mile rows, excellent soil ratings, blacktop access and close proximity to area grain elevators! Land long term offers consistent returns and long term has been proven to appreciate in value! This farm has been well cared for and if you choose to purchase this farm it will prove to be a farm that you can proud to own for years to come! This land is leased for the 2023 crop year and the buyer will receive the full rent for 2023 on closing day along with an additional rent subsidy from the seller!
Method of sale: Farm will be sold with the final bid price x the gross county acres. Auction will be held at the Gate City Event Center Parking Lot in Canton, SD (47947 W 5th St, Canton, SD 57013). This farm will not be surveyed and will be sold based on the gross county acres of 64.33+/- acres.
Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,968.62 per year. Seller will pay the 2022 taxes which are due and payable in the spring and fall installments of 2023.
Possession: Full Possession will be on March 1, 2024. This farm is leased for the 2023 crop year and the buyer shall receive at closing the full rent for the 2023 crop year and also an additional rent subsidy from the seller! Buyer shall be responsible to terminate the lease for 2024 if the buyer desires to terminate the existing lease for the 2024 crop year. Contact agents for details on rent and rent subsidy!
Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before June 15, 2023 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. Lincoln County Title will act as Escrow and Closing agent. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Buyer agrees to accommodate the sellers with a 1031 exchange. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.
Weber Trust- Owners
Mark Zomer – 712-470-2526 — Ryan Zomer – 712-441-3970
Darrell Vande Vegte – 712-470-1125—Joel Westra—605-310-6941