January 11, 2024 10:30 am

Upcoming High Quality Farmland Auction Of 210.12+/- Acres Of Farmland Located In Turner County, SD- January 11, 2024 @10:30 A.M.

Germantown & Middleton

Owners: Estate of George Vietor, Hofer Living Trust, Foster Family Trust

Auction will be held at the Lincoln County Fairgrounds located at 27711 SD-Hwy 17 in Lennox, SD.

210.12 +/- Acres Germantown & Middleton Townships
Cropland/Building Eligibilities
January 11, 2024 @ 10:30 AM

Tract 1: Brought $14,000/Acre.
Tract 2: Brought $10,100/Acre.

Westra Auction will sell the following real estate at a live/online auction at the Lincoln County Fairgrounds located at 27711 SD-Hwy 17, Lennox, SD.

Auctioneer’s Note: Don’t miss this opportunity to purchase powerful, productive Turner County, SD, land that has been in the Vietor family name for many years.  The land is located south and southeast of Chancellor, SD and contains building eligibilities. The cropland has been in a corn/soybean rotation and is available to the new owner for the 2024 crop year.  The Poet Chancellor ethanol plant is near both tracts of land. If you are looking to expand your current farming operation or purchase land as an investment, don’t miss this auction!

Tracts will be sold separately and not combined.

Tract 1:  59.67 +/- acres, Legal Description: North 60 acres of W ½ SW ¼, 10-98-52, Turner County, SD. Located from Chancellor, SD, 3 ½ miles south on 461st Ave. According to Surety/AgriData, the land has a productivity index of 86.0 and a soil rating of .867.  Predominate soil includes Wentworth-Chancellor silty clay loams, 0-2% slope.  The topography of the land is mostly flat and is bordered by a hard surface road on the west side of the property.  The FSA estimates there is approximately 61.44 acres of cropland with a 30.5-acre corn base/162-bushel PLC yield and a 30.5-acre soybean base/46-bushel PLC yield.  This parcel includes 1 building eligibility.  Taxes: $1,482.08.

Tract 2: 150.45 +/- Acres, Legal Description: NE ¼ Except Vietor Tract 1 & 2 in the E ½ NE ¼, 34-99-52, Turner County SD.  From Chancellor, SD, 1 mile south on 461st Ave., ½ mile East on 278th Street.  According to Surety AgriData the land has a productivity index of 84.2 and a soil rating of .841.  Predominate soils include Wentworth-Chancellor-Wakonda silty clay loams, 0-2%, Tetonka silt loam, 0-1% slope, Egan-Trent silty clay loams, 0-2%.  The topography is mostly flat and is bordered by a hard surface road on the north boundary.  The FSA estimates there is approximately 147.62 acres of cropland with a 70.57-acre corn base/157-bushel PLC yield and a 70.83 soybean base/46-bushel PLC yield.  The land currently has approximately 147.62 acres of cropland which includes 6.20 acres of CRP, with an annual payment of $1,514.00 that expires September 30, 2025.  This parcel includes 3 building eligibilities.  Taxes: $3,564.30.

Terms:  15% nonrefundable down payment day of sale with the balance due at closing on or before February 16, 2024.  Possession of the land at closing.  Title insurance and closing costs split 50/50 between buyer and seller.  2023 taxes due in 2024 to be paid by the seller.  2024 taxes due in 2025 to be paid for by the buyers.  The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”.  The seller does not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes.  Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property.  The property is sold in as is condition and as a cash sale with no financing contingency.  Sold subject to existing easements, restrictions, reservations, or highway of record, if any.  Information is deemed to be correct but it is not guaranteed.  All prospective buyers are encouraged to inspect the property and verify all data provided.  Statements made the day of sale take precedence over all written advertising.  Real Estate licensees are agents for the seller.  Sold subject to confirmation of owner.

Estate of George Vietor, Hofer Living Trust, Foster Family Trust, Owners
Gary Ward, Closing Attorney

Joel R Westra, Broker, Beresford, SD 605-310-6941
Joel A Westra, BA, Chancellor, SD 605-957-5222
Jonathan Hagena, BA, Lennox, SD 605-728-7282
John Hauck, BA, Beresford, SD 605-254-6966
Phil Eggers, BA, Renner, SD 605-351-5438
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526