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NOVEMBER 11, 2021 @10:30 A.M.— LIVE PUBLIC AUCTION OF 439.32+/- ACRES OF CONTINGUOUS PRIME FARMLAND, PASTURELAND, RECREATIONAL PROPERTY & POTEN
Listing ID#: 449461
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Thursday Nov 11, 2021 Completed |
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Live with Online Auction VIEW ONLINE CATALOG |
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Zomer Company Contact: Blake Zomer Phone: 7124602552 Email: blakzomer@gmail.com Website: https://zomercompany.com/site/ EstateSale.com ID#: 11241 View company information and listings |
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Upcoming Live Public Auction Of 439.32+/- Acres Of Continguous Prime Farmland, Pastureland, Recreational Property & Potential Building Sites & Development Potential
Located in Canton TWP, Lincoln County, SD On The North Edge Of Canton, SD To Be Sold In 7 Separate Tracts It Is Hard To Find This Kind Of Quality In Contiguous Parcels Of Land
Property 1: 90+/- Acres Of Farmland Property 2: 104.48+/- Acres Of Farmland Property 3: 36.61+/- Acres Of Farmland Property 4: 67.57+/- Acres of Farmland/Pastureland With Development Potential Property 5: 7.41 Acre Building Site Property 6: 74.59+/- Acres Of Farmland Property 7: 58.66+/- Acres of Pastureland/CRP/Recreational Property
Open House: Open house will be held on the property on Monday, October 25, 2021 from 1:00 PM to 3:00 PM or by appointment. UTV Tours will be given to view the property.
Properties 1 through 5 Location: From Caseys In Canton, SD go West 1/2 mile on US HWY 18 to 480th Ave(N. West St) then go 1 mile North to Prop. #5. Prop. #4 is located directly North of Prop. #5, Prop. #2 is located 1/2 mile North of Prop. #5 and Prop. #1 is located 3/4 mile North of Prop. #5, Prop. #3 is located 1 mile North of Prop. #5 and then 1/2 mile East on 280th St.
Properties 6 & 7 Location: From the Canton, SD firehall go North on 481st Ave for 1 mile to 281st St. then go 1/2 mile West on 281st St to Prop. #6 & #7. All of the tracts will be sold from the site of Tract 2. Watch zomerauctions.com for inclement weather.
Sale Date:November 11, 2021 @10:30 A.M.
Auctioneers Note: Our Company is proud to present at auction for the Dykstra Family these excellent properties! These properties have been in the Dykstra family for many years! It is not often that you have an opportunity to purchase this many contiguous acres of land! Offered for sale will be farmland, pastureland, building site, CRP, Recreational property and several of the tracts have some development potential! Watch zomerauctions.com in case of inclement weather!
Legal Description of Property #1: That portion of the NW1/4 lying West of the Railroad right-of-way; Section 11-98N-49W, Lincoln County, SD EXCEPTING Tract 2 of Dysktra Addition. Subject to all public roads and any easements of record.
General Description of Property #1: According to the recent survey this property contains 90+/- gross acres. According to FSA and survey this tract of farmland has approx. 87.45 tillable acres with remaining balance of the farm in road/ditch. The predominant soil types include: WhA-Wentworth-Chancellor, Ca-Chancellor-Tetonka, Cd-Chancellor-Viborg. According to Agri-Data this farm has a productivity index rating of 86.7 and a county soil rating of .852. This farm has a corn & soybean base combined with the adjoining property with a PLC yield of 141bu on corn and a PLC yield of 41bu on soybeans. FSA will do a reconstitution on this farm due to the recent survey. This farm has over 15,000+ feet of drainage tile. This farm is an attractive farm with long rows and is very conducive to farm and would be a great addition to your operation. This property will not have a housing eligibility. This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction!
Legal Description of Property #2: Tract 2 in Dysktra’s addition in the W1/2 of Section 11-98N-49W, Lincoln County, SD. Subject to all public roads and easements of record.
General Description of Property #2: According to the recent survey this property contains 104.48+/- gross acres. According to FSA and survey this tract of farmland has approx. 103.47 tillable acres with remaining balance of the farm in road/ditch. The predominant soil types include: Wha-Wentworth-Chancellor, WeA-Wentworth, Cd-Chancellor-Viborg, EaB-Egan, SuF-Steinauer-Shindler. According to Agri-Data this farm has a productivity index rating of 86.8 and a county soil rating of approx. .852. This farm has a corn & soybean base combined with the adjoining property with a PLC yield of 141bu on corn and a PLC yield of 41bu on soybeans. FSA will do a reconstitution on this farm due to the recent survey. This farm is an attractive farm with long rows and is very conducive to farm. This is a great farm with several thousand feet of drainage tile. This property will not have a housing eligibility.
Legal Description of Property #3: That portion of the Northwest and Southwest 1/4 lying East of the Railroad Right-Of-Way; Section 11-98N-49W, Lincoln County, SD Except Tract 2 of Dykstra Addition thereof And except the North 10 rods of the East 20 rods of said Northwest 1/4 thereof. Subject to all public roads and easements of record.
General Description of Property #3: According to the recent survey this property contains 36.61+/- gross acres. According to FSA and survey this tract of farmland has approx. 35.89 tillable acres with remaining balance of the farm in road/ditch. The predominant soil types include: WhA-Wentworth, Ca-Chancellor-Tetonka, Ch-Chancellor-Wakonda, Cd-Chancellor-Viborg. According to Agri-Data this farm has a productivity index rating of 82.3 and a county soil rating of approx. .852. This farm has a corn & soybean base combined with the adjoining property with a PLC yield of 141bu on corn and a PLC yield of 41bu on soybeans. FSA will do a reconstitution on this farm due to the recent survey. This property will not have a housing eligibility. This farm has thousands of feet of drainage tile line installed. Make plans today to attend this auction and purchase this property!!!
Legal Description of Property #4: Tract 3(Legal) of Dykstra’s addition in the W1/2 of Section 11-98N-49W, Lincoln County, SD. Subject to public roads and easements of record.
General Description of Property #4(Development Potential): Wow Look at this opportunity! According to the recent survey this property contains 67.57+/- gross acres. This is a great mixed use property with some tillable, pastureland, CRP and development potential with great views! Sold with 5 Housing Eligibilities. According to FSA and survey this property has approx. 31 tillable acres, approx. 30.5 acres of pastureland and approx. 3.6 acres of CRP with an annual payment of $1,057.43 With a contract ending 9-30-2027, with remaining balance of the property in road/ditch. The predominant soil types of the tillable farmland include: La-Lamo, WeA-Wentworth, SuF-Steinauer-Shindler, SkD2-Shindler-Egan, EaB-Egan. According to Agri-Data this tillable land has a productivity index rating of 68.7. This tillable land has a corn & soybean base combined with the adjoining property with a PLC yield of 141bu on corn and a PLC yield of 41bu on soybeans. FSA will do a reconstitution on this farm due to the recent survey. This property provides many unique opportunities! The buyer will receive the full 10-1-22 CRP payment and all future payments! This is a great property for development with the location and view located near the City limits of Canton, SD!
Legal Description of Property #5: Tract 4(Legal) of Dykstra’s Addition in the W1/2 of Section 11-98N-49W, Lincoln County, SD. Subject to public roads and easements of record.
General Description of Property #5(Building Site): According to the recent survey this property contains 7.41+/- gross acres. This property has approx. 5.8 acres of CRP with an annual payment of $1,703.63 with a contract ending 9-30-2027. The buyer will receive the full 10-1-22 CRP payment and all future payments! This property is located 1 mile from US HWY 18 just North of Canton, SD! This would make a great property to build on! This property has 1 housing eligibility! If buyer desires to terminate CRP the buyer is encouraged to contact the FSA office to determine any fees with termination. Buyer of this tract will be required to install driveway access at buyers expense.
Legal Description of Property #6: Tracts 2 & 3 (Legal) of Dykstra’s Addition in the NE 1/4 & NW1/4 of Section 14-98N-49W, Lincoln County, SD. Subject to public roads & easements.
General Description of Property #6: According to the recent survey this property contains 74.59+/- gross acres. According to FSA and survey this tract of farmland has approx. 73.67 tillable acres with remaining balance of the farm in road/ditch. According to Agri-Data this farm has a productivity index rating of 66.7 and a county soil rating of .673. This farm has a corn & soybean base combined with the adjoining property with a PLC yield of 141bu on corn and a PLC yield of 41bu on soybeans. FSA will do a reconstitution on this farm due to the recent survey. This farm is located on the East & West side of the railroad tracks. This property has 15,000+ feet of drainage tile line installed! 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!!!
Legal Description of Property #7: Tract 1 (Legal) of Dykstra’s addition in the NW1/4 of Section 14-98N-49W, Lincoln County, SD Subject to public roads and easements of record.
General Description of Property #7: (Development Potential) According to the recent survey this property contains 58.66+/- gross acres. According to FSA and survey this tract has approx. 4 tillable acres, approx. 30.56 acres of pastureland/creek and approx. 24.1 acres of CRP with an annual payment of $7,078.89 With a contract expiration date of 9-30-2027. The buyer will receive the full 10-1-22 CRP payment and all future payments! This property will be sold with 3 housing eligibilities. The tillable acres have a productivity index rating of 70.0. FSA will do a reconstitution on this farm due to the recent survey. This is a great multi use property!
Method of sale: Properties 1 through 4 and 6 & 7 will be sold with the final bid price x the gross acres. Prop #5 will be sold in total dollars. Auction will be held at the site of Prop #2. Choice will be offered on Properties 1, 2 & 3 and the 1st successful bidder will have the option to select Prop #1, Prop #2 or Prop #3 or will have the option to select any combination of Prop #1, 2 & 3. The 1st successful bidder has the option to select one Property of their choice or 2 Properties of their choice or all 3 Properties. Once the 1st successful bidder has selected the properties of their choice, then the remaining properties will be sold if there any remaining between Properties 1, 2 & 3. Once Property 1, 2 & 3 have all been sold then Properties 4, 5, 6 & 7 will be sold in order individually and will not be combined or offered in choice. Contact an agent for any questions.
Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $2,205.00 per year on Prop #1, approx. $2,559.76 per year on Prop #2, approx. $896.95 per year on Prop #3, approx. $1,351.40 per year on Prop #4, approx. $150.00 per year on Prop #5, approx. $1,827.46 per year on Prop #6, approx. $1,173.20 per year on Prop #7. 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 may allow early possession if the tenant has completed harvest & the baling of the corn stalks.
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 December 20, 2021 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 Abstract & Title will act as Escrow and Closing agent. Buyers of tracts with CRP will be required to abide by all CRP regulations and will be responsible for any mid term maintenance needed and will assume current CRP contracts. The majority of these properties are located within the City of Canton Subdivision authority but are not in the City limits. Buyers will be required to comply with all Lincoln County zoning and regulations. Property’s #4, 5 & 6 & 7 lower lying areas show to be in flood zone A. 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. James Wiederrich–attorney for sellers
Harold Dystra Trust & Delores L. Dykstra Family Trust-Owner
Click Here for Auction Booklet
Auctioneers: Zomer Company: 1414 Main St., Rock Valley, IA 51247: Mark Zomer – 712-470-2526 Tom Souvignier – 605-660-0421 Darrell Vande Vegte – 712-470-1125 Ryan Zomer – 712-441-3970 Joel Westra—605-310-6941 Ted Souvignier – 605-660-3962
Bidder responsiblities are but not limited to the following:
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