231.32 +/- Acre Land Auction, Kingsbury Co., SD

date
address
DENVER TWP., KINGSBURY CO., SD
Directions

      Tract 1 Sold For $6,050/acre or $484,000. Tract 2 Sold For $3,875/acre or $586,365.

    Auctioneer Notes

      Here is an auction that presents an excellent opportunity to purchase up to 231.32 +/- acres of high quality Denver Twp., Kingsbury Co., SD land. This land is located in an excellent agricultural area just north of Hetland, SD and between Arlington and Lake Preston, SD. Some of this land has been in the Karban Family since the early 1900’s. These farms are free and clear to farm for the 2019 season. Now is the time if you are in the market for land that could serve as an outstanding addition to a row crop farming operation or an excellent investment opportunity.

    Overview

      Tract I – 80 +/- Acres This land has approximately 74.61 +/- cropland acres made of up excellent Class I & II
      soils. According to AgriSurety, this farm has an exceptional productivity index of 85.2 and has great eye appeal
      with a nearly level topography.
      Legal Description: W 1/2 of NW 1/4 of Section 29, T-111-N, R-53-W, Denver Twp., Kingsbury Co., SD
      Tract II – 151.32 +/- Acres This land has approximately 112.62 +/- cropland acres of predominately Class I & II
      soils. According to AgriSurety, this farm has an excellent productivity index of 87.5 on the tillable acres and an
      overall index of 72.9. This farm has good access and great eye appeal.
      Legal Description: NE 1/4 exc. .424 AC Deeded Rd & exc. W450’ of S 800’ of Section 20, T-111-N, R-53-W,
      Denver Twp., Kingsbury Co., SD

    Description

Terms

    10% non-refundable earnest money deposit due day of sale. Closing will be on or before December 13, 2018 with this land being sold subject to 2018 leases. Title insurance and closing fee will be divided 50/50 between the buyer and seller. All the 2018 RE taxes due and payable in 2019 will be paid by the seller with the 2019 and beyond RE taxes to be paid by the new buyer(s). The seller(s) does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. Information contained herein are believed to be correct but is not guaranteed. Sold subject to existing easements, contracts, restrictions, reservations or highways of record, if any, as well as any or all Kingsbury County Zoning Ordinances. Auctioneers are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Said property is sold as is. This sale is subject to seller confirmation. Not responsible for accidents.

Owner

    STEVEN H. KARBAN TRUST & BENNETT FAMILY TRUST

Additional Information

    Burlage Peterson Auctioneers & Realtors, LLC Land Brokers, Auctioneers, Realtors & Farm Managers. 605-692-7102