Tract 5 - Advantage Land Co./G3 Auction - South Dakota and Minnesota's Premier Auctioneers & Farm Management Services
Tract 5
Lot Number:5
Bid Count:0
Winning Bidder:
Starting Bid:$79,570.00
Bid Increment:$100.00
Current Bid:$1,000.00/Acre x 79.57 Acres
79.57 Acres

A 7% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

No donations for this lot

Closing and possession to take place on or before February 16th, 2022. The pasture is free and clear for 2022. The cropland is leased through the Fall of 2023, with possession to take place December 31st, 2023. Purchaser will assume the remaining terms & conditions of the current lease. Purchaser will retain hunting and grazing rights at closing. This property is sold subject to a Well and Waterline Easement Agreement, as well as SDGFP Private Lands Habitat Fencing Programs. The SDGFP contracts can be terminated for an approximate total of $19,175, giving the purchaser the potential to convert pasture to row crop production. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% will be due at the conclusion of the sale. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Purchaser to assume annual lease payments at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. The 2021 RE Taxes due and payable in 2022 will be paid by the seller. The 2022 RE Taxes due and payable in 2023 will be the responsibility of the purchaser. The seller 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. FSA yields, bases, payments, and other information are estimated and not guaranteed, and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations, or highways of record, if any, as well as any or all Hyde County Zoning Ordinances. The RE licensees in this transaction stipulate that they 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 is a cash sale. This sale is subject to a 5% buyer premium and seller confirmation. Not responsible for accidents. Personal property will be removed prior to closing.

Hyde County
South Dakota
United States