Auction
Auction123.51 Acres
Auction

Elk Point, SD 57025 - Union County

Farms
Static Google Map
Property ID 21819742

Auction Information

December 3, 2024 @10:30 A.M. --Live Public Auction Of 123.51+/- Acres Of Farmland
., elk point , SD
12/03/2024, 10:30 AM

Live Public Auction Of 123.51+/- Acres Of Farmland

Live Public Auction Of 128.51+/- Acres Of

Brule TWP, Union County, SD Farmland

This Property Is Located In The Heartbeat Of Union County, SD And Is

Located North Of Elk Point, SD & Southeast Of Junction City, SD!

This Is A Great Opportunity To Invest In Union County, SD Farmland!

Location: From Elk Point, SD go North On HWY 11 for 5 miles to 319th St., then go 1/4 mile West on 319th St.. Property is located on the North side of 319th St. OR from Exit 26 on Interstate 29 (Vermillion Exit) go East on SD 50 for 5 miles to HWY 11 (476th Ave) then go around the curve South for approx. 1 1/4 mile to 319th St. then go approx. 1/4 mile West on 319th ST. to the property. Property is on North side of 319th ST. Auction will be held at the site of the farmland. In case of inclement weather watch the website.

Sale Date: December 3, 2024 10:30 A.M.

Auctioneers Note: The Zomer Company is proud to represent the Niemeyer family in the auction of this exceptional Union County, SD farmland, offering a rare opportunity for buyers. With land consistently proving to be a strong long-term investment for generations, this high-quality tract is a prime acquisition for those looking to enhance their farming operations or portfolios. Dont miss your chance to own a piece of land that has the potential to provide value for generations to come! Make plans today to purchase this tract of Union County, SD Farmland!

Abbreviated Legal Description: Higman Tract 1 in the Northeast Quarter of the Northeast Quarter, Less H-1 as platted in Book 1 of Plats on Page 44 AND the Northwest Quarter of the Northeast Quarter, all in Section 25, TWP 92N, Range 50W, Union County, SD AND the South 1/2 of the Southeast Quarter of the Southeast Quarter, Less Lot H-1 as platted in Book 1 of plats on Page 36 and the Southwest Quarter of the Southeast Quarter, all in Section 24, TWP 92N, Range 50W, Union County, SD Except Brown Tract 1 as Platted in Book 20 of Plats on Page 3. Subject to all public roads and easements of record. Subject to transmission line easement with East River Elec Power Cooperative. Subject to Union County Rural Power company anchor & tree trimming easement.

General Description: According to the recent survey, this property contains 128.51+/- gross acres and according to FSA has approx. 116.62+/- tillable acres with the balance in approx. 5.14 acres of grass/trees with the balance in road/ditch. This farm has a corn base of 59.07 acres with a PLC yield of 126bu and a soybean base of 57.53 acres with a PLC yield of 35bu. This farm is classified as NHEL. The predominant soil types include: Gb-Graceville, Ad-Albaton, EnB-Enet & Dempster, Wh-Whitewood, Gp-Orthents, WbA-Wentworth. According to Agri-Data the soil productivity rating is 64.2 and the county soil rating is .647. This is a great opportunity to purchase a nice quality tract of farmland in Union County, SD! This farm is sold subject to a 30ft ingress/egress access easement which has been granted to the acreage property located adjacent to the farmland. This farm does have statutory road right of way which lies on the Section line through the farm which is not in use but is still in place. This prime piece of farmland in Union County, SD, offers an incredible opportunity for those looking to invest in top-quality agricultural property or those looking to add more acres to their operation. Located in the heart of the county, this land is perfectly positioned to enhance any current farming operation. Whether youre expanding your farm or seeking a solid investment, this tract is an outstanding choice for long-term value and location! For generations, land has stood the test of time as a proven investment, consistently delivering long-term value and stability.

Method of sale: Auction will be held at the site of the farmland. Farm will be sold with the final bid price times the gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Union County Assessor are approx. $2,436.16 per year. Taxes will be reassessed due to the recent survey division of the tracts. Seller will pay the 2024 taxes which are due and payable in March and Sept of 2025.

Possession: Possession of the farmland will be on March 1, 2025.

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before January 16, 2025 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. Crary Huff Law Firm will act as Escrow and Closing agent. These properties are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All measurements and years built are estimated and not guaranteed. This Property is being sold subject to the confirmation of the sellers. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Robert Stewart & Jeremey Saint, Crary Huff Law Firm Attorney for Trust.

Marilyn Niemeyer Revocable TrustOwners

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Mark Zomer

Mark Zomer

Zomer Company