93 +/- Acre Land Auction, Jefferson Twp., Moody Co., SD

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address
Moody County, SD
Directions

      SOLD FOR $8,300 PER ACRE or $771,900.00

    Auctioneer Notes

      93 +/- ACRES PRODUCTIVE FARMLAND IN JEFFERSON TWP., MOODY CO., SD

    Overview

      This all-tillable, attractive 93 +/- acre farm is located in a productive area in eastern South Dakota. According to the FSA Office, the farm has 92.47 acres cropland with approx. 85.04 acres presently being farmed and an additional 7.43 acres in CRP at $319.20 per acre for a total of $2,372.00 under Contract #11096. CRP runs from October 1, 2016, to September 30, 2031, and new buyer assumes present CRP payment with the first being for year 2021. The corn base is 83.9 acres with PLC yield of 148 bus. According to Surety AgriData, this farm is made up of excellent Class I and Class II soils and has a productivity index of 80.6. This good farm with its gentle slope has been well operated and is best suited for raising corn or soybeans and would be ideal for an existing farm operation or an investor. The farm is presently seeded to soybeans and has had approximately $15,000 of farm tile installed.

    Description

      SW ¼, Exc. S 60 Acres & Exc. Lot 1 Hanson’s Addition, Section 21, T-107-N, R-50-W, Jefferson Twp., Moody County, SD

Terms

    10% non-refundable earnest money deposit due day of auction with balance due on or before October 15, 2020. Title insurance and closing fee split 50/50 between buyer and seller. Seller will pay 2020 real estate taxes based on 2019 levy. This property is sold subject to any easements, restrictions, reservations of record. Information contained herein is believed to be accurate but not guaranteed. Sold subject to confirmation of personal representative. Auctioneers & Realtors represent the seller in this transaction.

Owner

    GERALD R. HANSON ESTATE

Additional Information

    DAVID HANSON - PR JOHN SHAEFFER, FLANDREAU, SD – ATTORNEY & CLOSING AGENT Auctioneers & Realtors: Lenny & Tyler Burlage, Jim & Scott Peterson Burlage Peterson Auctioneers & Realtors, LLC 605-692-7102 or Office@burlagepeterson.com Chuck & Jared Sutton 605-366-315 or 605-864-8527 Flandreau & Sioux Falls, SD. www.suttonauction.com