Kingsbury County Land Auction Wednesday November 6th 10am Lake Preston Fire Hall
This 153.4 acre farm is located in very close proximity to Lake Preston South Dakota. The Property consists of mostly Poinsett-Buse-Waubay complex and Poinsett-Waubay silty clay loams. The Farm has a slight slope towards the Lake. According to Surety AgriData it has a soil rating of 79.2. This property is a strong producing farm and would make a great addition to any operation. With the South Portion of the property bordering Lake Preston it also has some recreation appeal.
Auction November 6th 10:00 am held at Lake Preston Fire Department.
Directions From Lake Preston: Hwy 14 West to 441st Ave North to 206th St East a little less than .5 mile property on south side of 206th St.
Terms: A 10% non-refundable earnest money deposit on the day of the sale. 40% of the remaining balance with 50% undivided interest as tenant in common to be delivered and transferred on December, 31st 2019 and the remaining 50% balance with 50% undivided interest as tenant in common to be delivered and transferred on January, 2nd 2020, with possession given to the buyer after closing on January, 2nd 2020. Fall tillage privileges for a new buyer to be permitted subsequent to the harvest of the 2019 standing crops. Closing to take place at Getty Abstract and title in Sioux Falls South Dakota. Merchantable title will be conveyed, and title insurance cost will be divided 50-50 between the buyer and seller. The closing service fee will also be split 50-50 between buyer and seller. All of the 2018 RE taxes payable in 2019 will be paid by the seller. All of the 2019 RE taxes due and payable in 2020 will be the responsibility of the seller. The acres being sold in this farm are to be based on the current taxable acres, with the acres understood to be “more or less”. Information contained herein is deemed to be correct but is not guaranteed. 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 is subject to County Committee Approval. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Kingsbury 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 seller confirmation. Not responsible for accidents.