Land Auction 75.46+/- Acres Union County, SD

  • Sale Pending

Auction on May 11, 2021

$3,810.00 / Acre
Address: Union County
Add Favorite

Property Description

Get Notified When This Auction Starts >>

75.46+/- Acres Union County, SD

UNRESERVED ONLINE LAND AUCTION

May 11, 2021

Bidding opens April 27, 2021, and ends May 11, 2021, at 10:00 a.m.

This real estate is selling on our unreserved online auction.  To register and bid, visit www.bigironrealty.com.

The bidding increments will be $50/acre.  The final sale price will be calculated based on the total acres times the highest bid.  The real estate agent reserves the right to adjust bidding increments. 

Plan to Attend the Informational Meeting & Auction:

The Bridges at Beresford Golf Course and Community Center

601 S 7th Street

Beresford, SD, 57004

BigIron Realty Agents will be at The Bridges at Beresford Golf Course and Community Center, in Beresford, SD, on May 11, 2021, from 9:00 a.m. until the conclusion of the online auction.  Please come during the times scheduled to discuss the farm.  BigIron Realty Representatives will be there to assist Buyers with bidding online. You do not have to be present to bid online, but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this real estate for 14 days beginning April 27, 2021, and ending May 11, 2021, at 10:00 a.m. This unreserved online land auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. Bidding will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

General Description:  The land consists of 75+/- acres of rolling hill grassland that has been terraced. There is a large stock dam filled with run-off water supplied by the hills on the property and adjoining properties. The land is fenced and has underground power located at the south end. There is approximately 1/8 mile of minimum maintenance road leading to the property entrance.  This property has one housing eligibility available.

Land Location:  The farm is located 5 miles east of Alcester, SD.  Go 5 miles east of Alcester, SD, on Hwy 13, then go north 3 miles on 484th Avenue.  From Hawarden, IA, go west 1 mile on Hwy 13, turn north onto 484th Avenue and go 3 miles.  The property is beyond a wire gate about 1/8 mile.

Legal Description:  The W ½ of the SW ¼ Section 16-T95N-R48W, less Tract 1 of Robertson-Bruget Add, Union County, SD, containing 75.46+/- acres.

2020 Taxes:  $831.24

Owner: Farm Credit Services of America

For more information, contact listing agent:

Mike Fujan 605-777-9470 

Terms:  The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a $40,000.00 non-refundable down payment to be payable to the closing company.  The purchase agreement will be posted to the website before the sale closes out for potential Buyers to review. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before June 11, 2021. Possession will be at closing.  Seller will provide marketable title to the Buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the Buyer and Seller.  The Seller will pay the 2020 real estate taxes, and the Buyer will pay the 2021 real estate taxes.  The property will not be sold subject to financing.  Bidding increments may be changed at the discretion of the real estate agent.  Please have all financial arrangements made prior to the auction.  The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction.  BigIron Realty is working for the Seller.

Property Information

  • Type:

    Farmland

Share this:

Video

Contact Agent

Contact Form