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1,440 +/- Acres in Mellette & Jackson Counties in South Dakota
Selling in 5 Tracts At
UNRESERVED ONLINE AUCTION
Thursday, March 7, 2019
Bidding opens February 21st and ends March 7th at 11:00AM
These farms are selling on an online only 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 per tract times the highest bid per each tract. Auctioneer Reserves the right to adjust bidding increments.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning February 21, 2019, and ending March 7, 2019, at 11:00AM. This unreserved online auction features bidding extensions. If a bid on any one of the 5 Tracts is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes on all 5 Tracts. This will continue until there is a five-minute period where no bids are placed on any one of the 5 Tracts. 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.
Plan to Attend the Informational Meeting:
Crossroads Inn Motel
Martin, SD 57551
BigIron Realty Agents will be available at the Crossroads Inn Motel meeting room in Martin, South Dakota, on Wednesday, March 6, 2019, from 3:00 p.m. until 6:00 p.m. and on Thursday, March 7, 2019, from 8:00 a.m. until the conclusion of the online auction. Please come to receive assistance with registering to bid online or to answer any questions. You do not have to be present to bid online, but you are required to be available by phone.
TRACT # 1 – Mellette Co.
Legal Description: The SE ¼ of Section 34, Township 40 North, Range 32 West, Mellette County, South Dakota, consisting of 160+/- acres
General Description: This farm lays gently rolling and has long shrub lines running east and west throughout.
2018 Taxes: $1,051.12
Land Location: (Fuerst Quarter) is located on the Todd and Mellette County line on the west side of Hwy 63.
Tract #1 Video: https://youtu.be/Igm8l6BxD5o
TRACT # 2 – Mellette Co.
Legal Description: The SW ¼ of Section 15, Township 40 North, Range 32 West, Mellette County, South Dakota, consisting of 160+/- acres
General Description: This farm lays gently rolling and is bordered by a good gravel road.
2018 Taxes: $1,197.80
Land Location: (Schoolhouse Quarter) is located from the junction of Hwy 63 and 274th Street ¾ mile west on the north side of gravel road. There is an old school house located on the southeast corner of the property. The school house was built in 1962 and is a one story 41’ x 48’ building with 9’ walls. The school house contains all metal siding and roof with forced air heat, 4 camper hookups, and it has recently been used as a hunter/camping lodge.
Tract #2 Video: https://youtu.be/TTlGxmVi0sA
TRACT # 3 – Mellette Co.
Legal Description: Lots 1, 2, E ½ of the NE ¼ and Lots 3, 4, E ½ of the SE ¼ of Section 31, Township 40 North, Range 31 West, Mellette County, South Dakota, consisting of 376.44+/- acres
General Description: This dryland farm lays gently rolling and is bordered by roads on the south and the west. There is a small acreage on the south side of the farm with old abandoned buildings.
2018 Taxes: $2,520.50
Land Location: (Herbert 376.44 +/- acres) is located from Hwy 63 and Todd/Mellette County line 2 miles east to the southwest Corner. Farm lays on the north side of a good gravel road. There is an old abandoned building site on the south end of the farm.
Tract #3 Video: https://youtu.be/_p5ck6OXcDg
TRACT # 4 – Mellette Co.
Legal Description: The E ½ of the SE ¼ of Section 2, Township 40 North, Range 32 West, Mellette County, South Dakota, consisting of 80+/- acres
General Description: This dryland farm is bordered by roads on the south and east side. There is a small tract of grass and trees in the southwest corner.
2018 Taxes: $401.06
Land Location: (Sammons Tract) ¾ mile east of Hwy 63 on 272nd street. Farm lays on the north side of the road.
Tract #4 Video: https://youtu.be/AM1NNJ7NXXo
TRACT # 5 – Jackson Co.
Legal Description: Lots 3, 6, 7, W ½ of the W ½ of Section 22, Township 41, Range 33 West, Jackson County, South Dakota, consisting of 307.91+/- acres and Lots 2, 3, 6, 7, E ½ of the W ½, W ½ of the SW ¼ andthe NW ¼ of the NW ¼ of Section 27, Township 41 North, Range 33 West, Jackson County, South Dakota, consisting of 356.44+/- acres.
Total acres in Tract #5 equals 664.35 +/- acres.
General Description: This land lays gently rolling to rolling. It is bordered by roads on the south and west side.
2018 Taxes: $2,803.38
Land Location: The Jackson County (Letellier Land) 664.35 acre dry cropland tract is located from Norris, South Dakota: 1 mile north and then 2 miles west on the north side minimum maintenance road.
Tract #5 Video: https://youtu.be/4aOSOpyr7U0
On Tracts 1 thru 5 — The previous owner of the property has the right to purchase the property at the auction pursuant to the terms outlined below. Contact the listing agents for more information.
Terms: The successful buyer on each tract will be required to enter into a written purchase agreement immediately after the sale with a 15 % non-refundable down payment on each tract to be payable to Rosebud& Platte Title Co. The earnest deposit can be made by a personal check, company check or by wire transfer. The balance will be due at closing on or before April 7, 2019. 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 2018 real estate taxes will be paid by the Seller, and the 2019 Real Estate Taxes will be paid by the Buyer. The properties will not be sold subject to financing. Please have all financial arrangements made prior to the auction. The written purchase agreement on each tract, 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.
Owner: Farm Credit Services
For more information, contact listing agents:
Ron Stock 402-649-3705 or John Buhl 402-649-3750