Lot # : 6 - Tract 6

Live Webcast Auction
Click Main Image For Fullscreen Mode
Lot Was Passed
Shipping Not Available
Onida, SD 57564
Date(s)
7/25/2022 - 8/23/2022
AUCTIONEER INFORMATION
Catalog
View Full Catalog
Bidding Notice:

Bid price is "per acre".

Information
Lot # 6
Group - Category Real Estate - Ag / Farm Land
Lead Tract 6
Description
Legal Description: NE ¼ and the SE ¼ of Section 34-114-76, Sully County, SD Total Taxable Acres: 320 Estimated FSA Cropland Acres: 323.46 Surety Productivity Index: 74.5 Real Estate Tax Amount: $2,416.56
Name Dean A. Nelson Farms, Inc. Land Auction
Auctioneer
Action Buyers Resource
Type Live Webcast Auction
Date(s) 7/25/2022 - 8/23/2022
Auction Date/Time Info
Live/Simulcast Auction will be held August 23, 2022 at 1:00 PM CT Live at 83 Ag Sales & Service in Onida, or Online via Hibid.com
Preview Date/Time Call to schedule an appointment to view the property.
Checkout Date/Time 10% Nonrefundable earnest money payment is due at the close of the auction. The balance is due at closing.
Location
18497 US Hwy 83
Onida, SD 57564
Buyer Premium 3% fee on gross sale
Description
Do not miss this extraordinary sale of the land legacy of Dean Nelson; an incredible 4,467.58-acres of prime farmland. This land is all contiguous and bodes solid road access. It is a rarity to find such productive ag land-"farmed from one end of the field to the other without interruption or impediment!" Ample grain marketing opportunities are available. Sully County, SD, is home to two large grain elevators, an 80 million gallon/yr. ethanal plant, and a 10,000 head cattle feedlot-all within a few miles of this property. This one in a lifetime offering will be parceled into fourteen tracts, providing prospective buyers the opportunity to buy acres that fit their needs.
1. A 10% nonrefundable earnest money payment at the conclusion of the auction, with balance due on or before closing. Closing shall occur on or before October 7th, 2022. 2. Possession at closing, subject to current lease terms. 3. A Buyer's Premium of 3% of the successful bid will be used to establish the final purchase price. The premium will be added to the successful bid amount, along with applicable state sales tax. 4. Marketable Title will be conveyed and an Owners Title Insurance Policy will be provided with the cost of the owner's policy and a title company closing fee, if any, to be divided 50-50 between Buyer(s) and Seller. Seller to pay transfer fees and Buyer(s) to pay recording fees. 5. This property is being sold based on the tax acres assessed by the Sully County Director of Equalization; this property is sold by legal description, subject to easements and restriction of record. 6. All of the 2022 real estate taxes payable in 2023 will be credited to the Buyer(s) by Seller at closing based upon the most current information available from the Sully County Director of Equalization at the time of the closing; Buyer(s) shall pay the 2022 real estate taxes due in 2023 and future real estate taxes. 7. The Seller does not provide warranty or guarantee that existing fences are located on the correct boundary. Location of field boundaries is the responsibility of the Buyer(s). 8. County data, Farm Service Agency reports, mapping, yields, bases, payments or data obtained for distribution is not guaranteed by Seller or Seller's agents. Information contained herein is deemed to be correct but is not guaranteed. The Sully County FSA will make final determination of all farm program crop bases and yields transferred to the Buyer(s). 9. Action Buyers Resource acts as agents for the Seller, and property sales are subject to confirmation of the owner. 10. If you are unable to attend and need to make arrangements to bid absentee by phone or on line, you must contact the auctioneer prior to sale day to make arrangements. For additional information contact the auctioneers. ALL ANNOUNCMENTS MADE SALE DAY TAKE PRECEDENCE OVER ANY PREVIOUSLY DISCLOSED TERMS, CONDITIONS, OR DISCLOSURES, WHETHER ORALLY PROVIDED OR IN WRITING. BROKER PARTICIPATION INVITED.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 3% fee on gross sale
Payment Terms
10% of total due as earnest money within 48 hours of auction close by certified funds. Contact Action Buyer's Resource to arrange payment. Remainder due at closing, on or before October 7, 2022.
N/A
Click for Currency Express FinancingApply For Financing Click for Fr8Star Freight ShippingGet Shipping Quotes
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.