Advantage Land Company

160+/- Acres of Cropland in Marshall Co. SD

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List Price: $880,000.00
Property Location: Marshall County, SD
Property Size: 160+/- Acres
Improvements:
Features:
Listing Broker: Advantage Land Company

 

Buy it For:
$880,000 00


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Property Details

For Sale  $5,500/Acre

Land Location From Amherst: 1 mile West on 114th St. to 414th Ave, Land will be on the North side of the road.

Snap Shot: Square Quarter Northeast of Aberdeen SD, High Percentage Tillable with 156+ Cropland Acres Accd. to FSA, 137+/- acres of Class II Dirt, Good Access in a Productive Agricultural Area of South Dakota.

Legal Description: SE 1/4 of Sec 8-T126N-R59W Weston Twp, Marshall County, SD.

Estimated Taxes:  $2,904.08

Owner: Deb Satrang

 

 

 

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Broker's Comments

 

This family land legacy started a century ago, when Harman F. Alberts purchased this land in 1918, a month after WWI ended.

Currently owned by Harman’s granddaughter, this land is located on the Marshall/Brown County line, a highly productive territory for South Dakota crop land. Just 30 minutes northeast of Aberdeen, this farm proudly displays quality dirt with over 137 acres of Class II soils with the top two soil types across 89+ acres having an 88% & 98% productivity index, making this a golden offering.

According to FSA, this farm offers 156.74 cropland acres and 155.6 base acres with an 85.89 acre corn base with 136 bu. yield and a 69.71 acre soybean base with a 37 bu. yield. The topography of this land is nearly level with 0-6% slopes and easy access on 114th St from the south. The balance of this land includes depressions that hold water, a 1.44 acre mature tree patch in the north east corner, and roadways. One would have the ability to order a wetland determination to pinpoint   prior converted wetlands, if any, to install drain tile where needed to help mitigate immobile water. The land is situated in a known migratory arena in the central flyway east of Sand Lake National Refuge also offering other hunting opportunities that include upland game birds and Whitetails.

There is a reason this land has been in the family for a century. One rarely has an opportunity to buy a farm of this caliber on the open market. Harman Alberts had a vision 100 years ago, make this family farm work for you and yours for generations to come.

*Soil information is provided by Surety Agridata. Cropland & base acres are FSA information.

 

 

Closing Terms

Closing and landlord possession will be on or before October 9th, 2018 as this land is sold subject to 2018 leases expiring March 1st, 2019. 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 10% 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 buyer and seller. The 2017 real estate taxes due in 2018 will be paid by the seller. All of the 2018 RE taxes due and payable in 2019 will be paid by the seller, based on the most current tax information, as a credit at close. 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. A survey will not be provided and will be the purchasers responsibility if needed or requested. 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 Marshall 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’s premium. This sale is subject to seller confirmation. Not responsible for accidents.

 

 



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