December 11, 2021 10:30 am

Union County, SD Farmland Auction 142.09 +/- Acres. Sold for $14,750 per acre!

Alcester

Owners: Bonnie Hagen Estate

From Alcester SD go 3 3/4 mile North on HWY 11 to the farm or from Norway Center go 3 1/4 mile South on HWY 11 to the farm. The farm is located in the Southeast corner of the intersection of HWY 11 & HWY 46.

This farmland is located 3 miles South of Norway Center and 4 Miles North of Alcester, SD, at the intersection of HWY 46 & HWY 11!

 

Zomer Company & Westra Auction are honored to present this land for sale at live public auction! This land is in a great location and has been owned by the Hagen family for 100+ years! This is truly a once in a lifetime opportunity to purchase excellent farmland in a excellent location just 3 miles South of Norway Center! Land in this area is known to be some of the best land in Union County, SD! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!

 

Legal Description: The W1/2 of Lot 1 in the NE1/4 & Lot 1 & the W1/2 of Lot 2 in the NW1/4 Less the Road and LESS Lot H-3(9.17 acres) AND Less Hagen Tract 2 (6.303 acres), all located in Section 3, TWP 95N, Range 49W, Union County, SD.- Subject to all public roads and easements of record.

General Description: This property contains 142.09+/- gross acres. According to FSA this tract of farmland has approx. 139+/-  tillable acres with remaining  balance of the farm in an approx. 2.38 acre waterway and a small tree area. The predominant soil types include: Ca-Calco, Ka-Kennebec, Ae-Alcester, McB-Moody, MdC-Moody, CnD2-Crofton-Nora, Lb-Lamo. According to Agri-Data this farm has a productivity index rating of 60.1 on the tillable land and a county soil rating of .879. This farm has a corn base of 102.82 acres with a PLC yield of 156bu. and a soybean base of 34.28 acres with a PLC yield of 44bu. This farm recently had 2,417ft of 6” drainage tile line installed on the property in 2020! This is a great farm in an area where farms are not often offered for sale! This farm is sold subject to the existing acreage driveway easement to the acreage site located adjacent to this property. This farm is also sold subject to an easement for a private sewer line and rural water line which both travel underground on this property and service the adjacent acreage site. The sellers will install a culvert in the creek which travels through this farm for access to the East side of the creek at the sellers sole expense. Contact an auctioneer for details! This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction and purchase this property!!!

 

Method of sale: The farm will be sold with the final bid price x the gross surveyed acres. This farm will be surveyed and the final purchase price will be based on the final gross surveyed acres. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $3,113.84 per year. Seller will pay the 2021 taxes which are due and payable in the spring and fall installments of 2022.

Possession: Possession will be on March 1, 2022 due to the current farm lease. Tenant will bale stalks/stubble on the property prior to March 1, 2022.

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 January 20, 2022 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. Charles B. Haugland attorney will act as Escrow and Closing agent. This farm 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. All buyers are encouraged to do buyers due diligence. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Charles B. Haugland—Sellers Attorney

 

 

Auctioneers:

Mark Zomer – 712-470-2526
Joel Westra – 605-310-6941
Joel Westra Jr. – 605-957-5222
Darrell Vande Vegte – 712-470-1125
Ryan Zomer – 712-441-3970

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