Farm Site - Advantage Land Co./G3 Auction - South Dakota and Minnesota's Premier Auctioneers & Farm Management Services
Farm Site
Lot Number:1
Start Time:8/28/2020 2:00:00 PM
End Time:9/3/2020 5:03:31 PM
Bid Count:0
Starting Bid:$45,570.00/Acre
Bid Increment:$100.00
Current Bid:$0.00/Acre x 47.57 Acres
47.57 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.

Legal:The Jacobs-Christopherson Subdivision in the SE1/4 of Sec 4-T118N-R62W Clifton Twp Spink Co SD

There are no bids for the lot at this time

No donations for this lot


Closing and possession will be on or before October 6th, 2020 as this land is free and clear for the 2021 farming season. This property is leased through March 1st, 2021. A well agreement will be created at closing if there are two different buyers. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. 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. 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 between buyer and seller. The 2019 RE taxes due and payable in 2020 will be paid by the seller. The 2020 taxes payable in 2021 will be paid by the seller. 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 is 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 Spink County Zoning Ordinances. A survey will be provided for Tract 1 but will not be provided for Tract 2 and will be the purchasers responsibility if needed or requested. 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. Subject to a 5% Buyer’s Premium. This sale is subject to seller confirmation. Not responsible for accidents. Any bid placed in the last 10 minutes will extend the auction to the 15-minute mark.